Parallel Advisors LLC Decreases Position in PVH Corp. $PVH

Parallel Advisors LLC decreased its stake in PVH Corp. (NYSE:PVH) by 37.4% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,236 shares of the textile maker’s stock after selling 737 shares during the period. Parallel Advisors LLC’s holdings in PVH were worth $85,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently modified their holdings of the stock. Central Pacific Bank Trust Division boosted its position in shares of PVH by 9.9% in the second quarter. Central Pacific Bank Trust Division now owns 2,110 shares of the textile maker’s stock worth $145,000 after buying an additional 190 shares during the period. Swedbank AB lifted its stake in shares of PVH by 33.6% in the first quarter. Swedbank AB now owns 588,586 shares of the textile maker’s stock worth $38,046,000 after acquiring an additional 148,103 shares in the last quarter. First Hawaiian Bank lifted its stake in shares of PVH by 4.0% in the first quarter. First Hawaiian Bank now owns 5,386 shares of the textile maker’s stock worth $348,000 after acquiring an additional 205 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in shares of PVH by 9.3% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 353,847 shares of the textile maker’s stock worth $22,873,000 after acquiring an additional 30,077 shares in the last quarter. Finally, Optimize Financial Inc lifted its stake in shares of PVH by 82.9% in the first quarter. Optimize Financial Inc now owns 10,099 shares of the textile maker’s stock worth $653,000 after acquiring an additional 4,576 shares in the last quarter. Hedge funds and other institutional investors own 97.25% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts recently commented on PVH shares. Cowen reiterated a “buy” rating on shares of PVH in a research note on Friday, June 6th. Telsey Advisory Group reiterated an “outperform” rating and issued a $90.00 price target on shares of PVH in a research note on Wednesday, August 27th. Needham & Company LLC reiterated a “buy” rating and issued a $115.00 price target on shares of PVH in a research note on Thursday, June 5th. The Goldman Sachs Group boosted their price target on PVH from $81.00 to $91.00 and gave the stock a “buy” rating in a research note on Thursday, August 28th. Finally, Morgan Stanley boosted their price target on PVH from $64.00 to $70.00 and gave the stock an “equal weight” rating in a research note on Thursday, August 28th. Nine equities research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, PVH currently has an average rating of “Moderate Buy” and an average price target of $95.27.

PVH Stock Up 1.9%

Shares of PVH stock opened at $89.42 on Thursday. The company has a current ratio of 1.37, a quick ratio of 0.63 and a debt-to-equity ratio of 0.46. The business’s 50 day simple moving average is $79.40 and its 200-day simple moving average is $74.11. The stock has a market capitalization of $4.30 billion, a price-to-earnings ratio of 10.02, a PEG ratio of 2.76 and a beta of 1.84. PVH Corp. has a twelve month low of $59.28 and a twelve month high of $113.47.

PVH (NYSE:PVH) last announced its quarterly 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. The business had revenue of $2.17 billion for the quarter, compared to analysts’ expectations of $2.11 billion. PVH had a return on equity of 11.90% and a net margin of 5.34%.The business’s quarterly revenue was up 4.5% on a year-over-year basis. During the same period in the prior year, the firm earned $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. Equities research analysts forecast that PVH Corp. will post 11.67 earnings per share for the current year.

PVH Announces Dividend

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

PVH Company Profile

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.