PVH Corp. (NYSE:PVH – Get Free Report) CEO Stefan Larsson bought 14,179 shares of the company’s stock in a transaction dated Friday, September 11th. The stock was bought at an average price of $70.53 per share, for a total transaction of $1,000,044.87. Following the acquisition, the chief executive officer directly owned 349,889 shares of the company’s stock, valued at approximately $24,677,671.17. This represents a 4.22% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.
PVH Trading Up 1.8%
Shares of PVH stock opened at $70.58 on Friday. The company has a market capitalization of $3.26 billion, a P/E ratio of -19.08, a price-to-earnings-growth ratio of 0.87 and a beta of 1.72. The stock has a fifty day simple moving average of $79.06 and a 200 day simple moving average of $79.15. PVH Corp. has a 12-month low of $59.60 and a 12-month high of $100.75. The company has a current ratio of 1.65, a quick ratio of 0.93 and a debt-to-equity ratio of 0.47.
PVH (NYSE:PVH – Get Free Report) last issued its quarterly earnings data on Wednesday, September 2nd. The textile maker reported $3.70 earnings per share for the quarter, beating the consensus estimate of $3.08 by $0.62. PVH had a positive return on equity of 11.94% and a negative net margin of 1.89%.The business had revenue of $2.10 billion for the quarter, compared to analysts’ expectations of $2.09 billion. During the same period last year, the business earned $2.52 EPS. The business’s revenue was down 3.2% on a year-over-year basis. PVH has set its Q3 2026 guidance at 2.500-2.650 EPS and its FY 2026 guidance at 11.800-12.100 EPS. On average, sell-side analysts anticipate that PVH Corp. will post 12.06 earnings per share for the current fiscal year.
PVH Dividend Announcement
Analyst Upgrades and Downgrades
A number of equities analysts have recently weighed in on the company. Needham & Company LLC cut their target price on PVH from $102.00 to $95.00 and set a “buy” rating on the stock in a research note on Thursday, September 3rd. Evercore set a $79.00 price target on PVH and gave the company an “in-line” rating in a research report on Thursday, June 4th. Weiss Ratings upgraded PVH from a “hold (c-)” rating to a “hold (c)” rating in a report on Tuesday, September 1st. Telsey Advisory Group reissued a “market perform” rating and issued a $79.00 price objective on shares of PVH in a research report on Friday, September 4th. Finally, Citigroup reissued a “buy” rating on shares of PVH in a research report on Friday, June 5th. Six equities research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $86.55.
Get Our Latest Research Report on PVH
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Pzena Investment Management LLC purchased a new stake in shares of PVH during the 2nd quarter worth approximately $444,571,000. BlackRock Inc. bought a new position in PVH during the second quarter valued at $332,758,000. California State Teachers Retirement System grew its holdings in PVH by 7,475.8% during the second quarter. California State Teachers Retirement System now owns 3,938,825 shares of the textile maker’s stock valued at $292,497,000 after purchasing an additional 3,886,833 shares during the period. Dimensional Fund Advisors LP increased its position in PVH by 1.8% in the fourth quarter. Dimensional Fund Advisors LP now owns 3,055,544 shares of the textile maker’s stock worth $204,786,000 after buying an additional 54,635 shares during the last quarter. Finally, Allspring Global Investments Holdings LLC increased its position in PVH by 2.0% in the first quarter. Allspring Global Investments Holdings LLC now owns 2,262,489 shares of the textile maker’s stock worth $173,216,000 after buying an additional 44,346 shares during the last quarter. 97.25% of the stock is currently owned by hedge funds and other institutional investors.
About PVH
PVH Corp. (NYSE: PVH) is a global apparel company that owns and operates internationally recognized fashion brands. Its principal brands are Calvin Klein and Tommy Hilfiger, which offer clothing, accessories, footwear, underwear, and related lifestyle products across a range of consumer categories.
The company sells its products through wholesale customers, company-operated and franchised stores, e-commerce platforms, and licensing arrangements. PVH serves customers in North America, Europe, the Asia-Pacific region, and other international markets through its retail, digital, and distribution networks.
PVH traces its origins to 1881 and has expanded through brand development and acquisitions, including its acquisition of Tommy Hilfiger and the Calvin Klein business.
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