Universal Beteiligungs und Servicegesellschaft mbH boosted its position in shares of PVH Corp. (NYSE:PVH – Free Report) by 55.3% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 95,291 shares of the textile maker’s stock after buying an additional 33,929 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH owned approximately 0.20% of PVH worth $7,983,000 at the end of the most recent quarter.
Several other hedge funds have also recently bought and sold shares of PVH. BNP PARIBAS ASSET MANAGEMENT Holding S.A. bought a new stake in shares of PVH during the 2nd quarter worth approximately $38,000. Hantz Financial Services Inc. raised its position in PVH by 1,284.4% during the second quarter. Hantz Financial Services Inc. now owns 623 shares of the textile maker’s stock valued at $43,000 after purchasing an additional 578 shares in the last quarter. Farther Finance Advisors LLC lifted its stake in PVH by 128.7% during the third quarter. Farther Finance Advisors LLC now owns 892 shares of the textile maker’s stock worth $75,000 after purchasing an additional 502 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. boosted its holdings in shares of PVH by 45.6% in the 2nd quarter. Mirae Asset Global Investments Co. Ltd. now owns 907 shares of the textile maker’s stock valued at $62,000 after purchasing an additional 284 shares in the last quarter. Finally, Blue Trust Inc. increased its stake in shares of PVH by 41.2% in the 2nd quarter. Blue Trust Inc. now owns 952 shares of the textile maker’s stock valued at $65,000 after purchasing an additional 278 shares during the last quarter. 97.25% of the stock is owned by institutional investors.
Wall Street Analyst Weigh In
Several analysts recently weighed in on the company. Jefferies Financial Group started coverage on PVH in a research note on Wednesday, January 14th. They issued a “buy” rating and a $85.00 price objective on the stock. JPMorgan Chase & Co. increased their target price on shares of PVH from $82.00 to $83.00 and gave the stock a “neutral” rating in a report on Thursday, December 4th. BTIG Research restated a “buy” rating and issued a $100.00 price target on shares of PVH in a research note on Friday, December 5th. Wall Street Zen cut shares of PVH from a “buy” rating to a “hold” rating in a research report on Saturday, December 13th. Finally, Needham & Company LLC reissued a “buy” rating and issued a $100.00 price objective on shares of PVH in a research note on Thursday, December 4th. Eight research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the stock. According to MarketBeat, PVH has an average rating of “Hold” and an average target price of $91.93.
PVH Stock Down 0.6%
Shares of NYSE PVH opened at $61.33 on Monday. The company has a 50 day simple moving average of $71.93 and a 200 day simple moving average of $77.06. The company has a debt-to-equity ratio of 0.46, a current ratio of 1.47 and a quick ratio of 0.72. PVH Corp. has a 1 year low of $59.28 and a 1 year high of $94.67. The firm has a market cap of $2.81 billion, a PE ratio of 9.19, a price-to-earnings-growth ratio of 2.18 and a beta of 1.73.
PVH (NYSE:PVH – Get Free Report) last posted its earnings results on Wednesday, December 3rd. The textile maker reported $2.83 earnings per share for the quarter, topping analysts’ consensus estimates of $2.56 by $0.27. The firm had revenue of $2.29 billion for the quarter, compared to analyst estimates of $2.28 billion. PVH had a net margin of 3.87% and a return on equity of 11.44%. The company’s revenue for the quarter was up 1.7% compared to the same quarter last year. During the same period in the previous year, the firm posted $3.03 EPS. PVH has set its Q4 2025 guidance at 3.200-3.350 EPS and its FY 2025 guidance at 10.850-11.000 EPS. On average, research analysts forecast that PVH Corp. will post 11.67 EPS for the current year.
PVH Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Wednesday, December 17th. Investors of record on Wednesday, November 26th were given a dividend of $0.0375 per share. This represents a $0.15 annualized dividend and a yield of 0.2%. The ex-dividend date of this dividend was Wednesday, November 26th. PVH’s dividend payout ratio (DPR) is currently 2.25%.
PVH Company Profile
PVH Corp is a leading global apparel company known for its portfolio of iconic brands in the dress shirt, sportswear and lifestyle categories. The company designs, markets and distributes clothing, accessories and fragrances under both owned and licensed brands. PVH’s core brand holdings include Calvin Klein and Tommy Hilfiger, complemented by a range of heritage labels such as Van Heusen, IZOD, ARROW, Warner’s and Olga.
PVH’s operations span the entire value chain from product design and development to manufacturing, marketing and distribution.
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