Federated Hermes Inc. Raises Stock Position in PVH Corp. $PVH

Federated Hermes Inc. grew its stake in PVH Corp. (NYSE:PVH) by 4.8% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 294,604 shares of the textile maker’s stock after purchasing an additional 13,455 shares during the period. Federated Hermes Inc.’s holdings in PVH were worth $24,679,000 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of the stock. Pzena Investment Management LLC lifted its holdings in shares of PVH by 4.0% in the 2nd quarter. Pzena Investment Management LLC now owns 6,407,637 shares of the textile maker’s stock worth $439,564,000 after acquiring an additional 246,070 shares during the last quarter. Allspring Global Investments Holdings LLC raised its position in PVH by 0.8% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 2,072,713 shares of the textile maker’s stock worth $176,471,000 after purchasing an additional 15,700 shares during the period. American Century Companies Inc. lifted its stake in PVH by 31.8% in the second quarter. American Century Companies Inc. now owns 1,059,155 shares of the textile maker’s stock worth $72,658,000 after purchasing an additional 255,755 shares during the last quarter. Vaughan Nelson Investment Management L.P. purchased a new position in shares of PVH during the third quarter valued at approximately $74,338,000. Finally, Goldman Sachs Group Inc. grew its stake in shares of PVH by 79.8% during the first quarter. Goldman Sachs Group Inc. now owns 553,500 shares of the textile maker’s stock valued at $35,778,000 after buying an additional 245,740 shares during the last quarter. Institutional investors own 97.25% of the company’s stock.

PVH Stock Up 0.3%

Shares of NYSE PVH opened at $62.37 on Friday. PVH Corp. has a 12-month low of $59.28 and a 12-month high of $92.60. The stock’s fifty day simple moving average is $70.69 and its two-hundred day simple moving average is $76.61. The stock has a market capitalization of $2.86 billion, a PE ratio of 9.35, a price-to-earnings-growth ratio of 2.21 and a beta of 1.73. The company has a current ratio of 1.47, a quick ratio of 0.72 and a debt-to-equity ratio of 0.46.

PVH (NYSE:PVH) last released its quarterly earnings results on Wednesday, December 3rd. The textile maker reported $2.83 EPS for the quarter, topping the consensus estimate of $2.56 by $0.27. PVH had a return on equity of 11.44% and a net margin of 3.87%.The firm had revenue of $2.29 billion during the quarter, compared to analyst estimates of $2.28 billion. During the same period in the previous year, the company posted $3.03 EPS. The business’s revenue for the quarter was up 1.7% compared to the same quarter last year. 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, analysts expect that PVH Corp. will post 11.67 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

PVH has been the subject of several research reports. Jefferies Financial Group lowered their price objective on shares of PVH from $85.00 to $80.00 and set a “buy” rating for the company in a research report on Tuesday. UBS Group reiterated a “buy” rating and issued a $148.00 price target on shares of PVH in a report on Tuesday, November 25th. Citigroup reduced their price objective on PVH from $83.00 to $80.00 and set a “neutral” rating on the stock in a report on Monday, December 8th. Guggenheim assumed coverage on PVH in a research report on Tuesday, December 9th. They set a “neutral” rating for the company. Finally, Needham & Company LLC reissued a “buy” rating and set a $100.00 price target on shares of PVH in a research report on Thursday, December 4th. Eight equities research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company. Based on data from MarketBeat.com, PVH currently has a consensus rating of “Hold” and an average price target of $91.60.

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.