Voya Investment Management LLC Cuts Position in PVH Corp. $PVH

Voya Investment Management LLC lessened its stake in PVH Corp. (NYSE:PVH) by 90.5% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 64,890 shares of the textile maker’s stock after selling 614,872 shares during the quarter. Voya Investment Management LLC owned 0.13% of PVH worth $4,194,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Smartleaf Asset Management LLC boosted its stake in shares of PVH by 30.0% during the 1st quarter. Smartleaf Asset Management LLC now owns 802 shares of the textile maker’s stock worth $52,000 after purchasing an additional 185 shares during the last quarter. Allworth Financial LP increased its stake in shares of PVH by 78.2% in the first quarter. Allworth Financial LP now owns 930 shares of the textile maker’s stock worth $60,000 after buying an additional 408 shares during the last quarter. GAMMA Investing LLC increased its stake in shares of PVH by 135.7% in the first quarter. GAMMA Investing LLC now owns 1,148 shares of the textile maker’s stock worth $74,000 after buying an additional 661 shares during the last quarter. New Age Alpha Advisors LLC acquired a new position in PVH in the first quarter worth $82,000. Finally, Central Pacific Bank Trust Division boosted its holdings in shares of PVH by 9.7% during the first quarter. Central Pacific Bank Trust Division now owns 1,920 shares of the textile maker’s stock valued at $124,000 after acquiring an additional 170 shares during the period. 97.25% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at PVH

In other news, CEO Stefan Larsson bought 15,645 shares of the stock in a transaction on Thursday, June 26th. The stock was acquired at an average price of $63.92 per share, with a total value of $1,000,028.40. Following the acquisition, the chief executive officer directly owned 269,438 shares in the company, valued at approximately $17,222,476.96. This trade represents a 6.16% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 1.20% of the stock is currently owned by insiders.

PVH Stock Performance

PVH opened at $86.58 on Friday. The business has a fifty day simple moving average of $78.45 and a 200 day simple moving average of $73.79. The company has a market capitalization of $4.17 billion, a PE ratio of 9.71, a price-to-earnings-growth ratio of 2.73 and a beta of 1.84. PVH Corp. has a 1 year low of $59.28 and a 1 year high of $113.47. The company has a debt-to-equity ratio of 0.46, a current ratio of 1.37 and a quick ratio of 0.63.

PVH (NYSE:PVH) last released its quarterly earnings results on Tuesday, August 26th. The textile maker reported $2.52 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.97 by $0.55. The business had revenue of $2.17 billion during the quarter, compared to the consensus estimate of $2.11 billion. PVH had a return on equity of 11.90% and a net margin of 5.34%.The firm’s quarterly revenue was up 4.5% on a year-over-year basis. During the same period in the previous year, the company posted $3.01 EPS. PVH has set its Q3 2025 guidance at 2.350-2.50 EPS. FY 2025 guidance at 10.750-11.00 EPS. Research analysts expect that PVH Corp. will post 11.67 EPS for the current year.

PVH Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, September 24th. Stockholders of record on Wednesday, September 3rd will be issued a dividend of $0.0375 per share. The ex-dividend date of this dividend is Wednesday, September 3rd. This represents a $0.15 dividend on an annualized basis and a dividend yield of 0.2%. PVH’s payout ratio is 1.68%.

Wall Street Analyst Weigh In

Several analysts have issued reports on PVH shares. Telsey Advisory Group restated an “outperform” rating and set a $90.00 price objective on shares of PVH in a report on Wednesday, August 27th. The Goldman Sachs Group upped their target price on PVH from $81.00 to $91.00 and gave the company a “buy” rating in a research note on Thursday, August 28th. UBS Group increased their target price on PVH from $146.00 to $148.00 and gave the stock a “buy” rating in a report on Thursday, August 28th. Wall Street Zen upgraded PVH from a “hold” rating to a “buy” rating in a report on Friday, May 30th. Finally, JPMorgan Chase & Co. raised 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. Nine analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $95.27.

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.