Invenomic Capital Management LP grew its stake in PVH Corp. (NYSE:PVH – Free Report) by 32.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 652,967 shares of the textile maker’s stock after acquiring an additional 159,532 shares during the quarter. PVH comprises approximately 2.0% of Invenomic Capital Management LP’s portfolio, making the stock its 8th biggest holding. Invenomic Capital Management LP’s holdings in PVH were worth $43,762,000 as of its most recent filing with the Securities & Exchange Commission.
Other institutional investors and hedge funds have also made changes to their positions in the company. Danske Bank A S purchased a new stake in shares of PVH in the third quarter valued at $25,000. Saranac Partners Ltd purchased a new stake in shares of PVH in the third quarter valued at $30,000. Global Retirement Partners LLC lifted its position in shares of PVH by 513.9% in the fourth 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. purchased a new stake in shares of PVH in the fourth quarter valued at $36,000. Finally, Quarry LP purchased a new stake in shares of PVH in the third quarter valued at $58,000. 97.25% of the stock is currently owned by hedge funds and other institutional investors.
Wall Street Analysts Forecast Growth
Several brokerages have recently issued reports on PVH. Bank of America reduced their price objective on PVH from $103.00 to $90.00 and set a “neutral” rating on the stock in a research report on Friday, June 5th. Needham & Company LLC reduced their target price on PVH from $107.00 to $102.00 and set a “buy” rating on the stock in a research report on Thursday, June 4th. UBS Group reduced their target price on PVH from $130.00 to $121.00 and set a “buy” rating on the stock in a research report on Friday, June 5th. Telsey Advisory Group reiterated a “market perform” rating and set a $74.00 target price on shares of PVH in a research report on Wednesday, April 1st. Finally, Wall Street Zen downgraded PVH from a “buy” rating to a “hold” rating in a research report on Saturday, June 6th. One investment analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and nine have assigned a Hold rating to the stock. Based on data from MarketBeat, PVH has an average rating of “Moderate Buy” and an average target price of $86.14.
PVH Stock Performance
NYSE PVH opened at $76.52 on Thursday. The business’s 50-day moving average price is $87.72 and its 200 day moving average price is $75.24. PVH Corp. has a twelve month low of $59.60 and a twelve month high of $100.75. The company has a market capitalization of $3.53 billion, a PE ratio of 24.22, a price-to-earnings-growth ratio of 1.09 and a beta of 1.71. The company has a current ratio of 1.68, a quick ratio of 0.93 and a debt-to-equity ratio of 0.46.
PVH (NYSE:PVH – Get Free Report) last released its earnings results on Wednesday, June 3rd. The textile maker reported $2.01 earnings per share for the quarter, topping the consensus estimate of $1.80 by $0.21. The firm had revenue of $2.03 billion for the quarter, compared to the consensus estimate of $2 billion. PVH had a return on equity of 10.87% and a net margin of 1.76%.The firm’s revenue for the quarter was up 2.1% compared to the same quarter last year. During the same period in the prior year, the business posted $2.30 earnings per share. 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, research analysts predict that PVH Corp. will post 12.06 earnings per share for the current year.
PVH Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 24th. Stockholders of record on Wednesday, June 3rd will be 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 is 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.
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