RBA Wealth Management LLC Buys 714 Shares of PVH Corp. $PVH

RBA Wealth Management LLC boosted its holdings in PVH Corp. (NYSE:PVH) by 1.2% during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 58,856 shares of the textile maker’s stock after acquiring an additional 714 shares during the quarter. RBA Wealth Management LLC owned 0.12% of PVH worth $4,038,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Pzena Investment Management LLC boosted its stake in shares of PVH by 15.1% in the first quarter. Pzena Investment Management LLC now owns 6,161,567 shares of the textile maker’s stock worth $398,284,000 after acquiring an additional 807,301 shares during the period. American Century Companies Inc. increased its stake in shares of PVH by 76.6% in the 1st quarter. American Century Companies Inc. now owns 803,400 shares of the textile maker’s stock valued at $51,932,000 after purchasing an additional 348,592 shares in the last quarter. Invenomic Capital Management LP purchased a new stake in shares of PVH during the 1st quarter valued at approximately $20,075,000. Goldman Sachs Group Inc. increased its position in shares of PVH by 79.8% during the first quarter. Goldman Sachs Group Inc. now owns 553,500 shares of the textile maker’s stock worth $35,778,000 after acquiring an additional 245,740 shares during the period. Finally, Swedbank AB raised its holdings in PVH by 33.6% during the first quarter. Swedbank AB now owns 588,586 shares of the textile maker’s stock worth $38,046,000 after purchasing an additional 148,103 shares in the last quarter. Hedge funds and other institutional investors own 97.25% of the company’s stock.

PVH Price Performance

Shares of NYSE:PVH opened at $86.80 on Friday. The company has a market cap of $4.18 billion, a P/E ratio of 9.73, a price-to-earnings-growth ratio of 2.73 and a beta of 1.84. The company’s fifty day moving average is $79.99 and its two-hundred day moving average is $74.40. PVH Corp. has a 12-month low of $59.28 and a 12-month high of $113.47. The company has a quick ratio of 0.63, a current ratio of 1.37 and a debt-to-equity ratio of 0.46.

PVH (NYSE:PVH) last released its earnings results on Tuesday, August 26th. The textile maker reported $2.52 EPS for the quarter, topping analysts’ consensus estimates of $1.97 by $0.55. PVH had a net margin of 5.34% and a return on equity of 11.90%. The firm had revenue of $2.17 billion during the quarter, compared to analyst estimates of $2.11 billion. During the same quarter in the previous year, the business earned $3.01 EPS. The business’s quarterly revenue was up 4.5% compared to the same quarter last year. PVH has set its Q3 2025 guidance at 2.350-2.50 EPS. FY 2025 guidance at 10.750-11.00 EPS. Equities analysts expect that PVH Corp. will post 11.67 earnings per share for the current fiscal year.

PVH Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, September 24th. Stockholders of record on Wednesday, September 3rd were paid a $0.0375 dividend. The ex-dividend date was Wednesday, September 3rd. This represents a $0.15 dividend on an annualized basis and a dividend yield of 0.2%. PVH’s payout ratio is currently 1.68%.

Analysts Set New Price Targets

Several research analysts have commented on the stock. Telsey Advisory Group restated an “outperform” rating and issued a $90.00 target price on shares of PVH in a research report on Wednesday, August 27th. Wells Fargo & Company lifted their price objective on shares of PVH from $80.00 to $88.00 and gave the stock an “equal weight” rating in a report on Thursday, August 28th. Wall Street Zen raised PVH from a “hold” rating to a “buy” rating in a research note on Friday. JPMorgan Chase & Co. lifted their price objective on PVH from $76.00 to $87.00 and gave the company a “neutral” rating in a research report on Monday, July 28th. Finally, The Goldman Sachs Group boosted their price target on PVH from $81.00 to $91.00 and gave the stock a “buy” rating in a research report on Thursday, August 28th. Nine analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, PVH presently has a consensus rating of “Moderate Buy” and an average target price of $95.27.

PVH Company Profile

PVH Corp. operates as an apparel company in the United States and internationally. The company operates through Tommy Hilfiger North America, Tommy Hilfiger International, Calvin Klein North America, Calvin Klein International, and Heritage Brands Wholesale segments. It designs and markets men's, women's, and children's branded apparel, footwear and accessories, underwear, sleepwear, outerwear, home furnishings, luggage, dresses, suits and swimwear, activewear, sportswear, socks and accessories, outerwear, golf products, footwear, watches and jewelry, eyeglasses and non-ophthalmic sunglasses, jeans wear, performance apparel, intimate apparel, dress shirts, handbags, fragrance, small leather goods, and other related products; and men's and boy's tailored clothing products, duvets, pillows, mattress pads and toppers, and feather beds.