Janney Montgomery Scott LLC Has $829,000 Stock Position in PVH Corp. $PVH

Janney Montgomery Scott LLC lessened its position in PVH Corp. (NYSE:PVH) by 11.1% in the second quarter, according to its most recent disclosure with the SEC. The firm owned 12,077 shares of the textile maker’s stock after selling 1,513 shares during the period. Janney Montgomery Scott LLC’s holdings in PVH were worth $829,000 as of its most recent filing with the SEC.

Other large investors also recently modified their holdings of the company. State of Alaska Department of Revenue raised its position in PVH by 2.3% during the 1st quarter. State of Alaska Department of Revenue now owns 6,517 shares of the textile maker’s stock valued at $421,000 after purchasing an additional 149 shares during the last quarter. Comerica Bank grew its stake in shares of PVH by 0.7% in the 1st quarter. Comerica Bank now owns 24,728 shares of the textile maker’s stock worth $1,598,000 after buying an additional 180 shares during the last quarter. Smartleaf Asset Management LLC grew its stake in shares of PVH by 30.0% in the 1st quarter. Smartleaf Asset Management LLC now owns 802 shares of the textile maker’s stock worth $52,000 after buying an additional 185 shares during the last quarter. Central Pacific Bank Trust Division lifted its position in PVH by 9.9% in the 2nd quarter. Central Pacific Bank Trust Division now owns 2,110 shares of the textile maker’s stock valued at $145,000 after acquiring an additional 190 shares in the last quarter. Finally, First Hawaiian Bank lifted its position in PVH by 4.0% in the 1st quarter. First Hawaiian Bank now owns 5,386 shares of the textile maker’s stock valued at $348,000 after acquiring an additional 205 shares in the last quarter. Institutional investors own 97.25% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have recently weighed in on the company. Barclays increased their price target on PVH from $83.00 to $101.00 and gave the company an “overweight” rating in a report on Wednesday, August 27th. Telsey Advisory Group reaffirmed an “outperform” rating and issued a $90.00 target price on shares of PVH in a report on Wednesday, August 27th. Wells Fargo & Company increased their price target on PVH from $80.00 to $88.00 and gave the stock an “equal weight” rating in a research note on Thursday, August 28th. The Goldman Sachs Group lifted their target price on PVH from $81.00 to $91.00 and gave the stock a “buy” rating in a report on Thursday, August 28th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of PVH in a research report on Wednesday, October 8th. Ten investment analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the stock. According to data from MarketBeat.com, PVH currently has an average rating of “Moderate Buy” and a consensus target price of $95.56.

PVH Price Performance

NYSE PVH opened at $83.08 on Wednesday. The company has a debt-to-equity ratio of 0.46, a current ratio of 1.37 and a quick ratio of 0.63. The stock’s fifty day moving average price is $81.84 and its 200 day moving average price is $75.83. PVH Corp. has a 1 year low of $59.28 and a 1 year high of $113.47. The company has a market cap of $4.00 billion, a price-to-earnings ratio of 9.31, a PEG ratio of 2.52 and a beta of 1.89.

PVH (NYSE:PVH) last posted its quarterly earnings results on Tuesday, August 26th. The textile maker reported $2.52 EPS for the quarter, beating the consensus estimate 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 for the quarter, compared to analyst estimates of $2.11 billion. During the same period in the prior year, the company earned $3.01 earnings per share. The firm’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 research analysts forecast that PVH Corp. will post 11.67 earnings per share for the current year.

PVH Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, September 24th. Shareholders of record on Wednesday, September 3rd were paid 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 (DPR) 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.