Brokerages Set PVH Corp. (NYSE:PVH) Price Target at $91.60

Shares of PVH Corp. (NYSE:PVH) have earned an average recommendation of “Hold” from the seventeen analysts that are currently covering the firm, MarketBeat Ratings reports. Nine research analysts have rated the stock with a hold recommendation and eight have issued a buy recommendation on the company. The average 1-year target price among brokerages that have updated their coverage on the stock in the last year is $91.60.

PVH has been the subject of a number of recent analyst reports. Guggenheim began coverage on PVH in a report on Tuesday, December 9th. They set a “neutral” rating for the company. Citigroup decreased their price objective on shares of PVH from $83.00 to $80.00 and set a “neutral” rating for the company in a report on Monday, December 8th. Wells Fargo & Company lowered their price objective on shares of PVH from $88.00 to $85.00 and set an “equal weight” rating for the company in a research report on Friday, December 5th. UBS Group reaffirmed a “buy” rating and set a $148.00 target price on shares of PVH in a research report on Tuesday, November 25th. Finally, JPMorgan Chase & Co. boosted their price target on PVH from $82.00 to $83.00 and gave the company a “neutral” rating in a report on Thursday, December 4th.

Hedge Funds Weigh In On PVH

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Danske Bank A S acquired a new stake in shares of PVH during the third quarter worth about $25,000. Saranac Partners Ltd acquired a new stake in PVH during the 3rd quarter valued at approximately $30,000. Global Retirement Partners LLC boosted its holdings in shares of PVH by 513.9% in the 4th quarter. Global Retirement Partners LLC now owns 442 shares of the textile maker’s stock valued at $30,000 after acquiring an additional 370 shares during the last quarter. Eurizon Capital SGR S.p.A. acquired a new stake in shares of PVH in the fourth quarter worth $36,000. Finally, BNP PARIBAS ASSET MANAGEMENT Holding S.A. acquired a new stake in shares of PVH in the second quarter worth $38,000. Hedge funds and other institutional investors own 97.25% of the company’s stock.

PVH Price Performance

NYSE PVH opened at $68.69 on Thursday. The company has a 50-day moving average price of $67.28 and a 200-day moving average price of $76.04. PVH has a 52 week low of $59.28 and a 52 week high of $89.79. The company has a quick ratio of 0.72, a current ratio of 1.47 and a debt-to-equity ratio of 0.46. The firm has a market capitalization of $3.15 billion, a P/E ratio of 10.30, a PEG ratio of 2.29 and a beta of 1.72.

PVH (NYSE:PVH) last issued its quarterly earnings results on Wednesday, December 3rd. The textile maker reported $2.83 EPS for the quarter, topping analysts’ consensus estimates of $2.56 by $0.27. The business had revenue of $2.29 billion during 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 business’s quarterly revenue was up 1.7% on a year-over-year basis. During the same quarter 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. Equities research analysts anticipate that PVH will post 11.67 earnings per share for the current year.

PVH Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 25th. Investors of record on Wednesday, March 4th will be paid a dividend of $0.0375 per share. This represents a $0.15 annualized dividend and a dividend yield of 0.2%. The ex-dividend date is Wednesday, March 4th. PVH’s payout ratio is 2.25%.

About PVH

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.