New York State Teachers Retirement System Sells 8,770 Shares of PVH Corp. $PVH

New York State Teachers Retirement System reduced its position in shares of PVH Corp. (NYSE:PVH) by 21.6% during the first quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 31,851 shares of the textile maker’s stock after selling 8,770 shares during the quarter. New York State Teachers Retirement System owned about 0.07% of PVH worth $2,222,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in shares of PVH by 26.6% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 24,931 shares of the textile maker’s stock valued at $1,612,000 after buying an additional 5,240 shares in the last quarter. Goldman Sachs Group Inc. boosted its stake in PVH by 79.8% during the 1st quarter. Goldman Sachs Group Inc. now owns 553,500 shares of the textile maker’s stock valued at $35,778,000 after purchasing an additional 245,740 shares during the last quarter. Caxton Associates LLP bought a new stake in PVH during the 1st quarter worth approximately $226,000. United Services Automobile Association bought a new stake in PVH during the 1st quarter worth approximately $240,000. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake in shares of PVH by 9.3% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 353,847 shares of the textile maker’s stock worth $22,873,000 after purchasing an additional 30,077 shares during the last quarter. Institutional investors and hedge funds own 97.25% of the company’s stock.

PVH Price Performance

Shares of NYSE PVH opened at $79.40 on Friday. The company has a market capitalization of $3.66 billion, a PE ratio of 25.13, a PEG ratio of 1.14 and a beta of 1.75. The company has a quick ratio of 0.93, a current ratio of 1.68 and a debt-to-equity ratio of 0.46. The stock’s 50 day moving average price is $82.31 and its 200-day moving average price is $75.05. PVH Corp. has a twelve month low of $59.60 and a twelve month high of $100.75.

PVH (NYSE:PVH) last issued its quarterly earnings results on Wednesday, June 3rd. The textile maker reported $2.01 EPS for the quarter, topping 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 business had revenue of $2.03 billion for the quarter, compared to analyst estimates of $2 billion. During the same period last year, the company posted $2.30 earnings per share. PVH’s quarterly revenue was up 2.1% compared to the same quarter last year. PVH has set its Q2 2026 guidance at 3.000-3.10 EPS and its FY 2026 guidance at 11.800-12.10 EPS. On average, equities analysts anticipate that PVH Corp. will post 12.03 EPS for the current year.

PVH Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, June 24th. Investors of record on Wednesday, June 3rd were issued 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 4.75%.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on PVH. Weiss Ratings upgraded PVH from a “hold (c-)” rating to a “hold (c)” rating in a report on Monday, June 29th. The Goldman Sachs Group lowered their price target on PVH from $93.00 to $87.00 and set a “buy” rating for the company in a research report on Friday, June 5th. Citigroup restated a “buy” rating on shares of PVH in a research note on Friday, June 5th. Wall Street Zen downgraded shares of PVH from a “buy” rating to a “hold” rating in a report on Saturday, June 6th. Finally, BTIG Research reiterated a “buy” rating and issued a $100.00 target price on shares of PVH in a research note on Friday, June 5th. Seven investment analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, PVH has a consensus rating of “Hold” and a consensus target price of $85.54.

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.