ARGA Investment Management LP boosted its stake in PVH Corp. (NYSE:PVH – Free Report) by 428.8% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 21,302 shares of the textile maker’s stock after purchasing an additional 17,274 shares during the period. ARGA Investment Management LP’s holdings in PVH were worth $1,486,000 at the end of the most recent quarter.
A number of other hedge funds have also recently added to or reduced their stakes in PVH. Danske Bank A S bought a new stake in shares of PVH during the third quarter worth $25,000. Saranac Partners Ltd bought a new position in shares of PVH in the 3rd quarter valued at $30,000. Global Retirement Partners LLC boosted its holdings in shares of PVH by 513.9% during 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 in the last quarter. Eurizon Capital SGR S.p.A. acquired a new stake in shares of PVH during the 4th quarter valued at $36,000. Finally, Meeder Asset Management Inc. bought a new stake in PVH during the 4th quarter worth $48,000. Institutional investors and hedge funds own 97.25% of the company’s stock.
Analysts Set New Price Targets
A number of brokerages have issued reports on PVH. The Goldman Sachs Group lowered their target price on PVH from $93.00 to $87.00 and set a “buy” rating for the company in a report on Friday, June 5th. Wall Street Zen lowered PVH from a “buy” rating to a “hold” rating in a research note on Saturday, June 6th. UBS Group reduced their price target on PVH from $130.00 to $121.00 and set a “buy” rating on the stock in a 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. Finally, JPMorgan Chase & Co. dropped their price objective on shares of PVH from $79.00 to $70.00 and set a “neutral” rating for the company in a report on Thursday, June 4th. Seven research analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $85.54.
PVH Stock Performance
Shares of PVH stock opened at $79.40 on Friday. The stock has a market cap of $3.66 billion, a price-to-earnings ratio of 25.13, a P/E/G ratio of 1.14 and a beta of 1.75. PVH Corp. has a twelve month low of $59.60 and a twelve month high of $100.75. The company’s fifty day moving average is $82.31 and its 200 day moving average is $75.05. The company has a quick ratio of 0.93, a current ratio of 1.68 and a debt-to-equity ratio of 0.46.
PVH (NYSE:PVH – Get Free Report) last announced its earnings results on Wednesday, June 3rd. The textile maker reported $2.01 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.80 by $0.21. The business had revenue of $2.03 billion during the quarter, compared to analyst estimates of $2 billion. PVH had a return on equity of 10.87% and a net margin of 1.76%.PVH’s revenue for the quarter was up 2.1% compared to the same quarter last year. During the same period last year, the company earned $2.30 EPS. PVH has set its Q2 2026 guidance at 3.000-3.10 EPS and its FY 2026 guidance at 11.800-12.10 EPS. Sell-side analysts forecast that PVH Corp. will post 12.03 EPS for the current year.
PVH Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Wednesday, June 24th. Stockholders of record on Wednesday, June 3rd were given a dividend of $0.0375 per share. This represents a $0.15 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date was Wednesday, June 3rd. PVH’s dividend payout ratio (DPR) is 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.
Recommended Stories
- Five stocks we like better than PVH
- Pushing the Edge: Super Micro Computer Reboots the AI Landscape
- MarketBeat Week in Review – 07/06 – 07/10
- AeroVironment Flies Under Wall Street’s Radar Toward a $4 Billion Target
- Micron’s $250 Billion Bet Could Reshape the AI Memory Race
Want to see what other hedge funds are holding PVH? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for PVH Corp. (NYSE:PVH – Free Report).
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.
