Louisiana State Employees Retirement System Takes Position in PVH Corp. $PVH

Louisiana State Employees Retirement System purchased a new stake in shares of PVH Corp. (NYSE:PVH) during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 13,300 shares of the textile maker’s stock, valued at approximately $928,000.

Several other large investors have also recently added to or reduced their stakes in the company. Principal Financial Group Inc. lifted its position in PVH by 2.2% in the 4th quarter. Principal Financial Group Inc. now owns 563,629 shares of the textile maker’s stock valued at $37,774,000 after purchasing an additional 12,279 shares during the last quarter. Vaughan Nelson Investment Management L.P. grew its position in PVH by 9.7% in the 4th quarter. Vaughan Nelson Investment Management L.P. now owns 973,895 shares of the textile maker’s stock worth $65,270,000 after purchasing an additional 86,490 shares during the last quarter. Barclays PLC grew its position in PVH by 68.4% in the 3rd quarter. Barclays PLC now owns 1,197,009 shares of the textile maker’s stock worth $100,273,000 after purchasing an additional 486,210 shares during the last quarter. Invenomic Capital Management LP increased its stake in shares of PVH by 19.1% in the third quarter. Invenomic Capital Management LP now owns 493,435 shares of the textile maker’s stock valued at $41,335,000 after purchasing an additional 78,983 shares during the period. Finally, Daytona Street Capital LLC acquired a new stake in shares of PVH in the fourth quarter valued at approximately $2,397,000. 97.25% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on the company. The Goldman Sachs Group reduced their price objective on PVH from $93.00 to $87.00 and set a “buy” rating for the company in a research report on Friday, June 5th. BTIG Research restated a “buy” rating and issued a $100.00 target price on shares of PVH in a research report on Friday, June 5th. Zacks Research downgraded PVH from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, June 23rd. JPMorgan Chase & Co. reduced their price target on PVH from $79.00 to $70.00 and set a “neutral” rating for the company in a research report on Thursday, June 4th. Finally, Weiss Ratings raised PVH from a “hold (c-)” rating to a “hold (c)” rating in a research note on Monday, June 29th. Seven analysts have rated the stock with a Buy rating, nine have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $84.71.

PVH Trading Down 0.1%

Shares of NYSE:PVH opened at $75.12 on Monday. The company has a 50 day moving average of $83.91 and a 200-day moving average of $74.87. The company has a current ratio of 1.68, a quick ratio of 0.93 and a debt-to-equity ratio of 0.46. The firm has a market cap of $3.46 billion, a P/E ratio of 23.77, a P/E/G ratio of 1.11 and a beta of 1.75. PVH Corp. has a twelve month low of $59.60 and a twelve month high of $100.75.

PVH (NYSE:PVH) last posted its quarterly earnings data on Wednesday, June 3rd. The textile maker reported $2.01 EPS for the quarter, beating analysts’ consensus estimates of $1.80 by $0.21. The business had revenue of $2.03 billion for the quarter, compared to analyst estimates of $2 billion. PVH had a net margin of 1.76% and a return on equity of 10.87%. The business’s revenue for the quarter was up 2.1% on a year-over-year basis. During the same quarter last year, the business earned $2.30 earnings per share. PVH has set its Q2 2026 guidance at 3.000-3.10 EPS and its FY 2026 guidance at 11.800-12.10 EPS. As a group, analysts anticipate that PVH Corp. will post 12.03 earnings per share for the current fiscal year.

PVH Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, June 24th. Stockholders of record on Wednesday, June 3rd were paid a $0.0375 dividend. This represents a $0.15 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date of this dividend was Wednesday, June 3rd. PVH’s payout ratio is currently 4.75%.

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.