Mutual of America Capital Management LLC Sells 4,765 Shares of PVH Corp. $PVH

Mutual of America Capital Management LLC reduced its stake in PVH Corp. (NYSE:PVH) by 16.6% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 23,867 shares of the textile maker’s stock after selling 4,765 shares during the quarter. Mutual of America Capital Management LLC’s holdings in PVH were worth $1,637,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. State of Alaska Department of Revenue lifted its position in PVH by 2.3% in 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 acquiring an additional 149 shares in the last quarter. Comerica Bank lifted its position in PVH by 0.7% in the 1st quarter. Comerica Bank now owns 24,728 shares of the textile maker’s stock valued at $1,598,000 after acquiring an additional 180 shares in the last quarter. Smartleaf Asset Management LLC lifted its position in PVH by 30.0% in the 1st quarter. Smartleaf Asset Management LLC now owns 802 shares of the textile maker’s stock valued at $52,000 after acquiring an additional 185 shares in 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. 97.25% of the stock is owned by institutional investors.

PVH Trading Down 1.3%

NYSE:PVH opened at $85.52 on Monday. 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 firm has a market capitalization of $4.12 billion, a price-to-earnings ratio of 9.59, a price-to-earnings-growth ratio of 2.69 and a beta of 1.89. PVH Corp. has a one year low of $59.28 and a one year high of $113.47. The business has a fifty day moving average price of $83.29 and a 200-day moving average price of $76.79.

PVH (NYSE:PVH) last posted its quarterly earnings data on Tuesday, August 26th. The textile maker reported $2.52 EPS for the quarter, topping the consensus estimate of $1.97 by $0.55. The firm had revenue of $2.17 billion during the quarter, compared to analyst estimates of $2.11 billion. PVH had a return on equity of 11.90% and a net margin of 5.34%.PVH’s revenue was up 4.5% on a year-over-year basis. During the same period in the prior year, the business 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. Sell-side analysts forecast that PVH Corp. will post 11.67 EPS for the current year.

PVH Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, September 24th. Stockholders of record on Wednesday, September 3rd were paid a $0.0375 dividend. 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 is 1.68%.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on the company. Weiss Ratings reaffirmed a “hold (c)” rating on shares of PVH in a research report on Saturday. Bank of America upped their price objective on PVH from $76.00 to $88.00 and gave the company a “neutral” rating in a research report on Wednesday, August 27th. TD Cowen reiterated a “hold” rating and set a $74.00 target price (down from $98.00) on shares of PVH in a research note on Wednesday, July 9th. Wells Fargo & Company boosted their target price on shares of PVH from $80.00 to $88.00 and gave the company an “equal weight” rating in a research note on Thursday, August 28th. Finally, Barclays boosted their target price on shares of PVH from $83.00 to $101.00 and gave the company an “overweight” rating in a research note on Wednesday, August 27th. Ten equities research analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $95.13.

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.