Legal & General Group Plc Sells 19,302 Shares of PVH Corp. $PVH

Legal & General Group Plc trimmed its position in shares of PVH Corp. (NYSE:PVH) by 16.4% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 98,338 shares of the textile maker’s stock after selling 19,302 shares during the period. Legal & General Group Plc’s holdings in PVH were worth $6,591,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in PVH. LSV Asset Management lifted its stake in shares of PVH by 47.8% in the third quarter. LSV Asset Management now owns 1,963,303 shares of the textile maker’s stock valued at $164,466,000 after buying an additional 634,887 shares during the period. Barclays PLC lifted its stake in shares of PVH by 68.4% in the third quarter. Barclays PLC now owns 1,197,009 shares of the textile maker’s stock valued at $100,273,000 after buying an additional 486,210 shares during the period. Goldman Sachs Group Inc. lifted its stake in shares of PVH by 79.8% in the first quarter. Goldman Sachs Group Inc. now owns 553,500 shares of the textile maker’s stock valued at $35,778,000 after buying an additional 245,740 shares during the period. Jupiter Asset Management Ltd. bought a new stake in shares of PVH in the third quarter valued at about $18,167,000. Finally, American Century Companies Inc. lifted its stake in shares of PVH by 19.9% in the third quarter. American Century Companies Inc. now owns 1,270,040 shares of the textile maker’s stock valued at $106,391,000 after buying an additional 210,885 shares during the period. Institutional investors own 97.25% of the company’s stock.

PVH Stock Performance

NYSE:PVH opened at $77.49 on Friday. PVH Corp. has a 12-month low of $59.60 and a 12-month high of $100.75. The company has a quick ratio of 0.85, a current ratio of 1.68 and a debt-to-equity ratio of 0.46. The firm has a market capitalization of $3.55 billion, a PE ratio of 24.52, a price-to-earnings-growth ratio of 0.86 and a beta of 1.71. The firm has a 50-day moving average price of $86.53 and a 200 day moving average price of $75.14.

PVH (NYSE:PVH) last posted its quarterly earnings results on Wednesday, June 3rd. The textile maker reported $2.01 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.80 by $0.21. PVH had a net margin of 1.76% and a return on equity of 10.87%. The firm had revenue of $2.03 billion during the quarter, compared to analyst estimates of $2 billion. During the same quarter in the prior year, the business posted $2.30 earnings per share. The company’s quarterly revenue was up 2.1% compared to the same quarter last year. PVH has set its Q2 2026 guidance at 3.000-3.10 EPS and its FY 2026 guidance at 11.800-12.10 EPS. Research analysts anticipate that PVH Corp. will post 12.04 earnings per share for the current fiscal year.

PVH Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, June 24th. Investors of record on Wednesday, June 3rd will be given a $0.0375 dividend. This represents a $0.15 annualized dividend and a yield of 0.2%. The ex-dividend date of this dividend is Wednesday, June 3rd. PVH’s dividend payout ratio is 4.75%.

Analyst Ratings Changes

Several equities research analysts recently weighed in on the stock. Weiss Ratings upgraded shares of PVH from a “sell (d)” rating to a “sell (d+)” rating in a research note on Wednesday, May 6th. Wells Fargo & Company reduced their target price on shares of PVH from $85.00 to $78.00 and set an “equal weight” rating for the company in a research note on Friday. Bank of America reduced their target price on shares of PVH from $103.00 to $90.00 and set a “neutral” rating for the company in a research note on Friday. Wall Street Zen cut shares of PVH from a “buy” rating to a “hold” rating in a research note on Saturday. Finally, JPMorgan Chase & Co. reduced their target price on shares of PVH from $79.00 to $70.00 and set a “neutral” rating for the company in a research note on Thursday. One investment analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $86.14.

Key PVH News

Here are the key news stories impacting PVH this week:

• Positive Sentiment: PVH reported Q1 earnings of $2.01 per share and revenue of $2.03 billion, both slightly ahead of expectations, showing the business still has some near-term execution strength. Article Title
• Positive Sentiment: BTIG Research reaffirmed its Buy rating and $100 price target, suggesting upside if PVH can stabilize sales and margins. Article Title
• Neutral Sentiment: Bank of America and JPMorgan both kept neutral/hold-type views, but trimmed price targets, signaling analysts see value near current levels while remaining cautious on near-term demand. Article Title
• Neutral Sentiment: PVH’s earnings call highlighted progress in direct-to-consumer performance and brand momentum, but also acknowledged ongoing pressure in Europe, keeping the outlook mixed. Article Title
• Negative Sentiment: The main driver of the stock weakness is PVH’s decision to cut full-year revenue guidance to flat, down from prior expectations for slight growth, after management cited weak EMEA demand and the Middle East conflict. Article Title
• Negative Sentiment: Multiple articles and analyst notes describe the outlook cut as a “low-quality” update, and the sharp drop in the shares has also triggered securities investigations, adding legal overhang. Article Title

About PVH

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.