PVH (NYSE:PVH) Given New $83.00 Price Target at JPMorgan Chase & Co.

PVH (NYSE:PVH) had its price objective increased by JPMorgan Chase & Co. from $82.00 to $83.00 in a research note issued to investors on Thursday morning,Benzinga reports. The brokerage currently has a neutral rating on the textile maker’s stock.

Several other equities research analysts have also recently issued reports on the company. Morgan Stanley lifted their price objective on PVH from $64.00 to $70.00 and gave the stock an “equal weight” rating in a report on Thursday, August 28th. The Goldman Sachs Group raised their target price on PVH from $81.00 to $91.00 and gave the company a “buy” rating in a research report on Thursday, August 28th. Telsey Advisory Group reiterated an “outperform” rating and set a $95.00 price target on shares of PVH in a research report on Thursday. Weiss Ratings reissued a “hold (c)” rating on shares of PVH in a research note on Wednesday, October 8th. Finally, UBS Group reaffirmed a “buy” rating and set a $148.00 target price on shares of PVH in a research note on Tuesday, November 25th. Ten analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, PVH presently has a consensus rating of “Moderate Buy” and a consensus target price of $94.25.

PVH Price Performance

PVH stock opened at $77.14 on Thursday. The stock has a market capitalization of $3.71 billion, a P/E ratio of 11.56, a P/E/G ratio of 2.76 and a beta of 1.74. The company’s fifty day moving average price is $80.95 and its 200 day moving average price is $78.01. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.63 and a current ratio of 1.37. PVH has a 1 year low of $59.28 and a 1 year high of $113.47.

PVH (NYSE:PVH) last posted its quarterly earnings data on Wednesday, December 3rd. The textile maker reported $2.83 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.56 by $0.27. PVH had a net margin of 3.87% and a return on equity of 11.44%. The business had revenue of $2.29 billion for the quarter, compared to the consensus estimate of $2.28 billion. During the same period last year, the firm posted $3.03 earnings per share. The company’s revenue was up 1.7% compared to the same quarter last year. PVH has set its Q4 2025 guidance at 3.200-3.350 EPS and its FY 2025 guidance at 10.850-11.000 EPS. As a group, equities research analysts anticipate that PVH will post 11.67 earnings per share for the current fiscal year.

PVH Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, December 17th. Stockholders of record on Wednesday, November 26th will be given a dividend of $0.0375 per share. The ex-dividend date of this dividend is Wednesday, November 26th. This represents a $0.15 annualized dividend and a dividend yield of 0.2%. PVH’s payout ratio is presently 1.68%.

Hedge Funds Weigh In On PVH

A number of institutional investors have recently bought and sold shares of PVH. Danske Bank A S purchased a new stake in shares of PVH in the 3rd quarter valued at approximately $25,000. BNP PARIBAS ASSET MANAGEMENT Holding S.A. acquired a new position in PVH in the second quarter valued at approximately $38,000. UMB Bank n.a. grew its position in PVH by 63.3% in the second quarter. UMB Bank n.a. now owns 619 shares of the textile maker’s stock worth $42,000 after acquiring an additional 240 shares during the period. Hantz Financial Services Inc. grew its position in PVH by 1,284.4% in the second quarter. Hantz Financial Services Inc. now owns 623 shares of the textile maker’s stock worth $43,000 after acquiring an additional 578 shares during the period. Finally, Smartleaf Asset Management LLC increased its stake in PVH by 30.0% during the first quarter. Smartleaf Asset Management LLC now owns 802 shares of the textile maker’s stock worth $52,000 after acquiring an additional 185 shares during the last quarter. 97.25% of the stock is owned by hedge funds and other institutional investors.

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.