Fort Washington Investment Advisors Inc. OH grew its position in PVH Corp. (NYSE:PVH – Free Report) by 16.4% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 325,018 shares of the textile maker’s stock after acquiring an additional 45,790 shares during the quarter. Fort Washington Investment Advisors Inc. OH owned about 0.71% of PVH worth $22,673,000 at the end of the most recent reporting period.
Other institutional investors have also recently made changes to their positions in the company. Neuberger Berman Group LLC grew its holdings in PVH by 4.7% during the 4th quarter. Neuberger Berman Group LLC now owns 3,467 shares of the textile maker’s stock valued at $232,000 after purchasing an additional 155 shares during the last quarter. Central Pacific Bank Trust Division lifted its stake in PVH by 9.6% in the fourth quarter. Central Pacific Bank Trust Division now owns 1,940 shares of the textile maker’s stock worth $130,000 after purchasing an additional 170 shares during the last quarter. Smartleaf Asset Management LLC boosted its position in shares of PVH by 15.0% during the fourth quarter. Smartleaf Asset Management LLC now owns 1,381 shares of the textile maker’s stock valued at $94,000 after buying an additional 180 shares during the period. Osaic Holdings Inc. boosted its position in shares of PVH by 12.4% during the second quarter. Osaic Holdings Inc. now owns 1,672 shares of the textile maker’s stock valued at $114,000 after buying an additional 184 shares during the period. Finally, Northwestern Mutual Wealth Management Co. grew its stake in shares of PVH by 1.1% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 21,552 shares of the textile maker’s stock valued at $1,444,000 after buying an additional 236 shares during the last quarter. Institutional investors own 97.25% of the company’s stock.
Wall Street Analyst Weigh In
PVH has been the topic of several recent analyst reports. Evercore set a $79.00 price target on PVH and gave the stock an “in-line” rating in a report on Thursday, June 4th. Zacks Research cut PVH from a “strong-buy” rating to a “hold” rating in a report on Tuesday, June 23rd. BTIG Research reaffirmed a “buy” rating and issued a $100.00 price objective on shares of PVH in a research report on Friday, June 5th. Bank of America reiterated an “underperform” rating and issued a $70.00 target price (down from $90.00) on shares of PVH in a research note on Thursday. Finally, UBS Group decreased their target price on PVH from $130.00 to $121.00 and set a “buy” rating for the company in a research report on Friday, June 5th. Seven research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, PVH presently has a consensus rating of “Hold” and a consensus price target of $84.71.
PVH Stock Performance
Shares of NYSE:PVH opened at $74.48 on Monday. The firm’s 50 day simple moving average is $85.91 and its 200-day simple moving average is $74.91. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.93 and a current ratio of 1.68. PVH Corp. has a one year low of $59.60 and a one year high of $100.75. The firm has a market cap of $3.43 billion, a PE ratio of 23.57, a price-to-earnings-growth ratio of 1.10 and a beta of 1.72.
PVH (NYSE:PVH – Get Free Report) last announced its quarterly earnings results on Wednesday, June 3rd. The textile maker reported $2.01 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.80 by $0.21. PVH had a return on equity of 10.87% and a net margin of 1.76%.The firm had revenue of $2.03 billion during the quarter, compared to analyst estimates of $2 billion. During the same quarter in the previous year, the business earned $2.30 earnings per share. PVH’s quarterly revenue was up 2.1% on a year-over-year basis. 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, equities analysts predict that PVH Corp. will post 12.03 EPS for the current year.
PVH Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Wednesday, June 24th. Shareholders of record on Wednesday, June 3rd were issued a $0.0375 dividend. This represents a $0.15 annualized dividend and a dividend yield of 0.2%. The ex-dividend date was Wednesday, June 3rd. PVH’s dividend payout ratio is currently 4.75%.
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.
Further Reading
- Five stocks we like better than PVH
- As Stablecoins Keep Growing, These 2 Stocks Benefit
- Apple Just Handed These 4 Memory Stocks Their Best News of the Year
- Costco’s Secret Growth Engine May Be Running Out of Gas
- Why Alphabet’s Pullback May Be an Opportunity in Disguise
Receive News & Ratings for PVH Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PVH and related companies with MarketBeat.com's FREE daily email newsletter.
