PVH (NYSE:PVH) Upgraded to Buy at Wall Street Zen

Wall Street Zen upgraded shares of PVH (NYSE:PVH) from a hold rating to a buy rating in a report issued on Friday morning.

Several other equities analysts have also commented on PVH. Cowen reiterated a “buy” rating on shares of PVH in a research report on Friday, June 6th. JPMorgan Chase & Co. raised their price objective on PVH from $76.00 to $87.00 and gave the company a “neutral” rating in a report on Monday, July 28th. Telsey Advisory Group reissued an “outperform” rating and set a $90.00 price objective on shares of PVH in a report on Wednesday, August 27th. BMO Capital Markets decreased their price objective on PVH from $93.00 to $84.00 and set a “market perform” rating on the stock in a report on Thursday, June 5th. Finally, Wells Fargo & Company raised their price objective on PVH from $80.00 to $88.00 and gave the company an “equal weight” rating in a report on Thursday, August 28th. Nine investment analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $95.27.

PVH Stock Up 1.2%

PVH opened at $86.80 on Friday. The company has a fifty day moving average price of $79.99 and a 200-day moving average price of $74.35. The firm has a market capitalization of $4.18 billion, a P/E ratio of 9.73, a price-to-earnings-growth ratio of 2.70 and a beta of 1.84. 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 has a one year low of $59.28 and a one year high of $113.47.

PVH (NYSE:PVH) last released its quarterly earnings results on Tuesday, August 26th. The textile maker reported $2.52 EPS for the quarter, beating 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 firm had revenue of $2.17 billion during the quarter, compared to analyst estimates of $2.11 billion. During the same period in the previous year, the business earned $3.01 EPS. The business’s revenue for the quarter 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. Equities research analysts expect that PVH will post 11.67 earnings per share for the current fiscal year.

PVH Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, September 24th. Stockholders of record on Wednesday, September 3rd were paid a dividend of $0.0375 per share. This represents a $0.15 annualized dividend and a dividend yield of 0.2%. The ex-dividend date was Wednesday, September 3rd. PVH’s dividend payout ratio (DPR) is currently 1.68%.

Institutional Trading of PVH

Several institutional investors and hedge funds have recently modified their holdings of the company. Texas Permanent School Fund Corp raised its position in shares of PVH by 124.6% during the 2nd quarter. Texas Permanent School Fund Corp now owns 120,303 shares of the textile maker’s stock valued at $8,253,000 after purchasing an additional 66,741 shares during the period. Osaic Holdings Inc. raised its position in shares of PVH by 12.4% during the 2nd quarter. Osaic Holdings Inc. now owns 1,672 shares of the textile maker’s stock valued at $114,000 after purchasing an additional 184 shares during the period. Neuberger Berman Group LLC bought a new stake in shares of PVH during the 2nd quarter valued at $249,000. Geneos Wealth Management Inc. raised its position in shares of PVH by 183.0% during the 2nd quarter. Geneos Wealth Management Inc. now owns 1,081 shares of the textile maker’s stock valued at $74,000 after purchasing an additional 699 shares during the period. Finally, Sender Co & Partners Inc. bought a new stake in shares of PVH during the 2nd quarter valued at $958,000. 97.25% of the stock is currently owned by institutional investors.

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.