PVH Corp. $PVH Shares Purchased by AlphaQuest LLC

AlphaQuest LLC lifted its holdings in shares of PVH Corp. (NYSE:PVH) by 4.6% during the 2nd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 5,139 shares of the textile maker’s stock after acquiring an additional 228 shares during the period. AlphaQuest LLC’s holdings in PVH were worth $353,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in PVH. Allspring Global Investments Holdings LLC raised its position in shares of PVH by 170.6% during the 2nd quarter. Allspring Global Investments Holdings LLC now owns 2,057,013 shares of the textile maker’s stock worth $147,262,000 after acquiring an additional 1,296,881 shares in the last quarter. Pzena Investment Management LLC raised its position in shares of PVH by 15.1% during the 1st 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 in the last quarter. American Century Companies Inc. raised its position in shares of PVH by 76.6% during the 1st quarter. American Century Companies Inc. now owns 803,400 shares of the textile maker’s stock worth $51,932,000 after acquiring an additional 348,592 shares in the last quarter. Invenomic Capital Management LP acquired a new stake in shares of PVH during the 1st quarter worth about $20,075,000. Finally, Goldman Sachs Group Inc. raised its position in shares of PVH by 79.8% during the 1st 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 in the last quarter. Institutional investors and hedge funds own 97.25% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on PVH shares. Jefferies Financial Group reissued a “buy” rating on shares of PVH in a research report on Thursday, October 23rd. Wall Street Zen raised PVH from a “hold” rating to a “buy” rating in a research report on Sunday, October 12th. JPMorgan Chase & Co. lifted their price target on PVH from $76.00 to $87.00 and gave the stock a “neutral” rating in a research report on Monday, July 28th. Barclays lifted their price target on PVH from $83.00 to $101.00 and gave the stock an “overweight” rating in a research report on Wednesday, August 27th. Finally, Telsey Advisory Group reaffirmed an “outperform” rating and set a $90.00 price target on shares of PVH in a research report on Wednesday, August 27th. Ten research analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $95.13.

PVH Trading Down 2.7%

NYSE:PVH opened at $78.35 on Friday. The firm has a market cap of $3.77 billion, a P/E ratio of 8.78, a PEG ratio of 2.54 and a beta of 1.89. The company has a current ratio of 1.37, a quick ratio of 0.63 and a debt-to-equity ratio of 0.46. The stock’s 50 day simple moving average is $83.76 and its 200-day simple moving average is $77.09. PVH Corp. has a 12-month low of $59.28 and a 12-month high of $113.47.

PVH (NYSE:PVH) last released its earnings results on Tuesday, August 26th. The textile maker reported $2.52 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.97 by $0.55. The business had revenue of $2.17 billion for the quarter, compared to analyst estimates of $2.11 billion. PVH had a return on equity of 11.90% and a net margin of 5.34%.The company’s revenue for the quarter was up 4.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $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. Equities analysts anticipate that PVH Corp. will post 11.67 EPS for the current year.

PVH Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, December 17th. Stockholders of record on Wednesday, November 26th will be issued a $0.0375 dividend. The ex-dividend date of this dividend is Wednesday, November 26th. This represents a $0.15 dividend on an annualized basis and a dividend yield of 0.2%. PVH’s payout ratio is presently 1.68%.

About PVH

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.