Mirae Asset Global Investments Co. Ltd. Raises Holdings in PVH Corp. $PVH

Mirae Asset Global Investments Co. Ltd. grew its position in shares of PVH Corp. (NYSE:PVH) by 45.6% during the 2nd quarter, HoldingsChannel.com reports. The firm owned 907 shares of the textile maker’s stock after buying an additional 284 shares during the quarter. Mirae Asset Global Investments Co. Ltd.’s holdings in PVH were worth $62,000 as of its most recent filing with the SEC.

Other hedge funds also recently made changes to their positions in the company. UMB Bank n.a. grew its holdings in shares of PVH by 63.3% during the second quarter. UMB Bank n.a. now owns 619 shares of the textile maker’s stock worth $42,000 after purchasing an additional 240 shares during the last quarter. Smartleaf Asset Management LLC grew its holdings in shares of PVH by 30.0% during the first quarter. Smartleaf Asset Management LLC now owns 802 shares of the textile maker’s stock worth $52,000 after purchasing an additional 185 shares during the last quarter. Allworth Financial LP grew its holdings in shares of PVH by 78.2% during the first quarter. Allworth Financial LP now owns 930 shares of the textile maker’s stock worth $60,000 after purchasing an additional 408 shares during the last quarter. Fifth Third Bancorp grew its holdings in shares of PVH by 28.9% during the second quarter. Fifth Third Bancorp now owns 1,061 shares of the textile maker’s stock worth $73,000 after buying an additional 238 shares during the last quarter. Finally, GAMMA Investing LLC grew its holdings in shares of PVH by 135.7% during the first quarter. GAMMA Investing LLC now owns 1,148 shares of the textile maker’s stock worth $74,000 after buying an additional 661 shares during 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 $76.40 on Monday. The company has a quick ratio of 0.63, a current ratio of 1.37 and a debt-to-equity ratio of 0.46. The company has a market cap of $3.68 billion, a P/E ratio of 8.57, a PEG ratio of 2.41 and a beta of 1.89. PVH Corp. has a 52 week low of $59.28 and a 52 week high of $113.47. The company has a 50-day moving average price of $81.55 and a 200 day moving average price of $75.67.

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

PVH Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, September 24th. Stockholders of record on Wednesday, September 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, September 3rd. PVH’s dividend payout ratio (DPR) is presently 1.68%.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on PVH shares. UBS Group raised their price target on PVH from $146.00 to $148.00 and gave the stock a “buy” rating in a report on Thursday, August 28th. Bank of America raised their price target on PVH from $76.00 to $88.00 and gave the stock a “neutral” rating in a report on Wednesday, August 27th. Telsey Advisory Group reissued an “outperform” rating and set a $90.00 price target on shares of PVH in a report on Wednesday, August 27th. Wall Street Zen raised PVH from a “hold” rating to a “buy” rating in a report on Sunday. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of PVH in a report on Wednesday, October 8th. Nine investment analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company. According to MarketBeat, PVH currently has a consensus rating of “Moderate Buy” and an average price target of $95.27.

PVH 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.