Lingohr Asset Management GmbH Buys Shares of 51,460 PVH Corp. $PVH

Lingohr Asset Management GmbH purchased a new stake in shares of PVH Corp. (NYSE:PVH) in the 3rd quarter, Holdings Channel reports. The institutional investor purchased 51,460 shares of the textile maker’s stock, valued at approximately $4,311,000.

Several other institutional investors have also recently made changes to their positions in the stock. BNP PARIBAS ASSET MANAGEMENT Holding S.A. purchased a new position in shares of PVH during the second quarter valued at about $38,000. Hantz Financial Services Inc. boosted its stake in PVH by 1,284.4% during 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 during the last quarter. Farther Finance Advisors LLC grew its holdings in PVH by 128.7% during the 3rd quarter. Farther Finance Advisors LLC now owns 892 shares of the textile maker’s stock valued at $75,000 after buying an additional 502 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. increased its stake in PVH by 45.6% in the 2nd quarter. Mirae Asset Global Investments Co. Ltd. now owns 907 shares of the textile maker’s stock worth $62,000 after acquiring an additional 284 shares during the last quarter. Finally, Blue Trust Inc. increased its stake in PVH by 41.2% in the 2nd quarter. Blue Trust Inc. now owns 952 shares of the textile maker’s stock worth $65,000 after acquiring an additional 278 shares during the last quarter. Institutional investors own 97.25% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have commented on the stock. Guggenheim began coverage on shares of PVH in a research report on Tuesday, December 9th. They set a “neutral” rating for the company. Weiss Ratings reiterated a “hold (c)” rating on shares of PVH in a research report on Thursday, January 22nd. Telsey Advisory Group restated an “outperform” rating and set a $95.00 price objective on shares of PVH in a research report on Thursday, December 4th. Needham & Company LLC reaffirmed a “buy” rating and issued a $100.00 price objective on shares of PVH in a research note on Thursday, December 4th. Finally, JPMorgan Chase & Co. boosted their target price on PVH from $82.00 to $83.00 and gave the company a “neutral” rating in a research report on Thursday, December 4th. Eight equities research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company. Based on data from MarketBeat, PVH presently has an average rating of “Hold” and an average price target of $91.60.

PVH Price Performance

NYSE PVH opened at $62.37 on Friday. The firm’s fifty day simple moving average is $70.69 and its two-hundred day simple moving average is $76.61. The firm has a market capitalization of $2.86 billion, a P/E ratio of 9.35, a P/E/G 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 Corp. has a 12-month low of $59.28 and a 12-month high of $92.60.

PVH (NYSE:PVH) last announced its quarterly earnings data 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 firm had revenue of $2.29 billion during the quarter, compared to analyst estimates of $2.28 billion. PVH had a net margin of 3.87% and a return on equity of 11.44%. PVH’s revenue was up 1.7% on a year-over-year basis. During the same period last year, the firm posted $3.03 EPS. PVH has set its Q4 2025 guidance at 3.200-3.350 EPS and its FY 2025 guidance at 10.850-11.000 EPS. Analysts forecast that PVH Corp. will post 11.67 EPS for the current fiscal year.

PVH Company 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.