Federated Hermes Inc. Buys 13,455 Shares of PVH Corp. $PVH

Federated Hermes Inc. increased its holdings in PVH Corp. (NYSE:PVH) by 4.8% during the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 294,604 shares of the textile maker’s stock after buying an additional 13,455 shares during the period. Federated Hermes Inc. owned 0.61% of PVH worth $24,679,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of PVH. BNP PARIBAS ASSET MANAGEMENT Holding S.A. bought a new position in PVH in the second quarter valued at $38,000. Hantz Financial Services Inc. boosted its holdings in PVH by 1,284.4% during the 2nd quarter. Hantz Financial Services Inc. now owns 623 shares of the textile maker’s stock valued at $43,000 after acquiring an additional 578 shares during the period. Mirae Asset Global Investments Co. Ltd. grew its holdings in shares of PVH by 45.6% in the second quarter. Mirae Asset Global Investments Co. Ltd. now owns 907 shares of the textile maker’s stock worth $62,000 after purchasing an additional 284 shares during the last quarter. Blue Trust Inc. grew its holdings in PVH by 41.2% in the 2nd quarter. Blue Trust Inc. now owns 952 shares of the textile maker’s stock worth $65,000 after acquiring an additional 278 shares during the last quarter. Finally, Fifth Third Bancorp grew its stake in shares of PVH by 28.9% in the second quarter. Fifth Third Bancorp now owns 1,061 shares of the textile maker’s stock worth $73,000 after purchasing an additional 238 shares during the last quarter. 97.25% of the stock is currently owned by institutional investors.

PVH Stock Performance

PVH opened at $62.37 on Friday. PVH Corp. has a 1-year low of $59.28 and a 1-year high of $92.60. The company has a debt-to-equity ratio of 0.46, a current ratio of 1.47 and a quick ratio of 0.72. The firm has a market cap of $2.86 billion, a P/E ratio of 9.35, a PEG ratio of 2.21 and a beta of 1.73. The company has a 50 day simple moving average of $70.69 and a two-hundred day simple moving average of $76.61.

PVH (NYSE:PVH) last released its quarterly earnings data 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 during the quarter, compared to analyst estimates of $2.28 billion. PVH had a return on equity of 11.44% and a net margin of 3.87%.The business’s quarterly revenue was up 1.7% compared to the same quarter last year. During the same quarter in the prior year, the company posted $3.03 earnings per share. PVH has set its Q4 2025 guidance at 3.200-3.350 EPS and its FY 2025 guidance at 10.850-11.000 EPS. Equities analysts forecast that PVH Corp. will post 11.67 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on PVH shares. Wells Fargo & Company cut their target price on shares of PVH from $88.00 to $85.00 and set an “equal weight” rating on the stock in a research note on Friday, December 5th. Needham & Company LLC reiterated a “buy” rating and set a $100.00 price objective on shares of PVH in a research note on Thursday, December 4th. Telsey Advisory Group reaffirmed an “outperform” rating and issued a $95.00 target price on shares of PVH in a report on Thursday, December 4th. JPMorgan Chase & Co. boosted their price target on PVH from $82.00 to $83.00 and gave the stock a “neutral” rating in a research note on Thursday, December 4th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of PVH in a report on Thursday, January 22nd. Eight analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the stock. According to data from MarketBeat, PVH currently has an average rating of “Hold” and an average target price of $91.60.

PVH 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.