Shares of PVH Corp. (NYSE:PVH – Get Free Report) have been assigned a consensus recommendation of “Moderate Buy” from the sixteen brokerages that are currently covering the firm, MarketBeat Ratings reports. Seven investment analysts have rated the stock with a hold rating and nine have given a buy rating to the company. The average 1-year price target among analysts that have updated their coverage on the stock in the last year is $95.2667.
PVH has been the subject of a number of research analyst reports. Barclays boosted their target price on shares of PVH from $83.00 to $101.00 and gave the stock an “overweight” rating in a research note on Wednesday, August 27th. Needham & Company LLC reissued a “buy” rating and set a $115.00 price target on shares of PVH in a research note on Thursday, June 5th. Evercore ISI dropped their price target on shares of PVH from $105.00 to $95.00 and set an “outperform” rating for the company in a research note on Thursday, June 5th. Bank of America boosted their price target on shares of PVH from $76.00 to $88.00 and gave the stock a “neutral” rating in a research note on Wednesday, August 27th. Finally, JPMorgan Chase & Co. boosted their price target on shares of PVH from $76.00 to $87.00 and gave the stock a “neutral” rating in a research note on Monday, July 28th.
PVH Trading Down 1.0%
PVH (NYSE:PVH – Get Free Report) last announced its earnings results on Tuesday, August 26th. The textile maker reported $2.52 earnings per share for the quarter, topping analysts’ consensus estimates of $1.97 by $0.55. PVH had a net margin of 5.34% and a return on equity of 11.90%. The company had revenue of $2.17 billion during the quarter, compared to the consensus estimate of $2.11 billion. During the same period in the previous year, the firm posted $3.01 earnings per share. The company’s revenue was up 4.5% on a year-over-year basis. PVH has set its Q3 2025 guidance at 2.350-2.50 EPS. FY 2025 guidance at 10.750-11.00 EPS. As a group, equities analysts expect that PVH will post 11.67 earnings per share for the current fiscal year.
PVH Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Wednesday, September 24th. Investors of record on Wednesday, September 3rd will be paid 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 of this dividend is Wednesday, September 3rd. PVH’s payout ratio is 1.68%.
Insider Buying and Selling at PVH
In other PVH news, CEO Stefan Larsson purchased 15,645 shares of the company’s stock in a transaction that occurred on Thursday, June 26th. The stock was acquired at an average cost of $63.92 per share, with a total value of $1,000,028.40. Following the completion of the purchase, the chief executive officer directly owned 269,438 shares in the company, valued at approximately $17,222,476.96. This represents a 6.16% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 1.20% of the stock is currently owned by company insiders.
Institutional Investors Weigh In On PVH
Institutional investors and hedge funds have recently modified their holdings of the business. Fort Washington Investment Advisors Inc. OH raised its stake in shares of PVH by 9.6% during the first quarter. Fort Washington Investment Advisors Inc. OH now owns 209,460 shares of the textile maker’s stock worth $13,539,000 after buying an additional 18,370 shares during the last quarter. Cetera Investment Advisers grew its holdings in PVH by 63.5% during the first quarter. Cetera Investment Advisers now owns 6,468 shares of the textile maker’s stock valued at $418,000 after purchasing an additional 2,511 shares during the period. Visionary Horizons LLC acquired a new position in PVH during the first quarter valued at approximately $513,000. Wedge Capital Management L L P NC grew its holdings in PVH by 60.2% during the first quarter. Wedge Capital Management L L P NC now owns 38,132 shares of the textile maker’s stock valued at $2,465,000 after purchasing an additional 14,331 shares during the period. Finally, Wealth Enhancement Advisory Services LLC grew its holdings in PVH by 106.9% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 9,109 shares of the textile maker’s stock valued at $963,000 after purchasing an additional 4,706 shares during the period. 97.25% of the stock is owned by institutional investors.
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.
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