Pacer Advisors Inc. Sells 513,686 Shares of PVH Corp. $PVH

Pacer Advisors Inc. lessened its holdings in PVH Corp. (NYSE:PVH) by 97.7% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 11,981 shares of the textile maker’s stock after selling 513,686 shares during the period. Pacer Advisors Inc.’s holdings in PVH were worth $1,004,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently made changes to their positions in PVH. BNP PARIBAS ASSET MANAGEMENT Holding S.A. acquired a new stake in shares of PVH in the 2nd quarter valued at approximately $38,000. UMB Bank n.a. lifted its stake in PVH by 63.3% in the 2nd quarter. UMB Bank n.a. now owns 619 shares of the textile maker’s stock valued at $42,000 after purchasing an additional 240 shares during the last quarter. Hantz Financial Services Inc. boosted its position in PVH by 1,284.4% in the second quarter. Hantz Financial Services Inc. now owns 623 shares of the textile maker’s stock valued at $43,000 after buying an additional 578 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. grew its stake in shares of PVH by 45.6% during the second quarter. Mirae Asset Global Investments Co. Ltd. now owns 907 shares of the textile maker’s stock worth $62,000 after buying an additional 284 shares during the last quarter. Finally, Blue Trust Inc. increased its holdings in shares of PVH by 41.2% during the second quarter. Blue Trust Inc. now owns 952 shares of the textile maker’s stock worth $65,000 after buying an additional 278 shares in the last quarter. Institutional investors own 97.25% of the company’s stock.

PVH Price Performance

Shares of PVH opened at $67.79 on Friday. PVH Corp. has a 1 year low of $59.28 and a 1 year high of $109.88. The company has a debt-to-equity ratio of 0.46, a current ratio of 1.47 and a quick ratio of 0.72. The company has a market capitalization of $3.10 billion, a price-to-earnings ratio of 10.16, a price-to-earnings-growth ratio of 2.38 and a beta of 1.73. The business has a 50-day moving average of $75.91 and a 200-day moving average of $77.24.

PVH (NYSE:PVH) last announced its earnings results on Wednesday, December 3rd. The textile maker reported $2.83 EPS for the quarter, beating the consensus estimate of $2.56 by $0.27. The business had revenue of $2.29 billion for the quarter, compared to analysts’ expectations of $2.28 billion. PVH had a return on equity of 11.44% and a net margin of 3.87%.The firm’s revenue was up 1.7% on a year-over-year basis. During the same period in the prior year, the business posted $3.03 earnings per share. PVH has set its Q4 2025 guidance at 3.200-3.350 EPS and its FY 2025 guidance at 10.850-11.000 EPS. As a group, equities research analysts anticipate that PVH Corp. will post 11.67 earnings per share for the current year.

PVH Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, December 17th. Stockholders of record on Wednesday, November 26th were given a dividend of $0.0375 per share. The ex-dividend date was Wednesday, November 26th. This represents a $0.15 annualized dividend and a dividend yield of 0.2%. PVH’s dividend payout ratio is 2.25%.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on the company. Wells Fargo & Company cut their price objective on PVH from $88.00 to $85.00 and set an “equal weight” rating on the stock in a report on Friday, December 5th. UBS Group reiterated a “buy” rating and issued a $148.00 target price on shares of PVH in a research report on Tuesday, November 25th. BTIG Research restated a “buy” rating and set a $100.00 price target on shares of PVH in a report on Friday, December 5th. Weiss Ratings reiterated a “hold (c)” rating on shares of PVH in a report on Wednesday, October 8th. Finally, Guggenheim initiated coverage on shares of PVH in a research report on Tuesday, December 9th. They set a “neutral” rating on the stock. Nine equities research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $92.80.

PVH Profile

PVH Corp is a leading global apparel company known for its portfolio of iconic brands in the dress shirt, sportswear and lifestyle categories. The company designs, markets and distributes clothing, accessories and fragrances under both owned and licensed brands. PVH’s core brand holdings include Calvin Klein and Tommy Hilfiger, complemented by a range of heritage labels such as Van Heusen, IZOD, ARROW, Warner’s and Olga.

PVH’s operations span the entire value chain from product design and development to manufacturing, marketing and distribution.