Strengthening Families & Communities LLC acquired a new stake in shares of PVH Corp. (NYSE:PVH – Free Report) in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor acquired 31,270 shares of the textile maker’s stock, valued at approximately $2,620,000. Strengthening Families & Communities LLC owned about 0.06% of PVH as of its most recent SEC filing.
Other institutional investors have also recently made changes to their positions in the company. Allspring Global Investments Holdings LLC boosted its stake in PVH by 170.6% during the second quarter. Allspring Global Investments Holdings LLC now owns 2,057,013 shares of the textile maker’s stock valued at $147,262,000 after buying an additional 1,296,881 shares during the last quarter. Vaughan Nelson Investment Management L.P. purchased a new stake in shares of PVH during the 3rd quarter worth approximately $74,338,000. American Century Companies Inc. boosted its position in shares of PVH by 31.8% during the 2nd quarter. American Century Companies Inc. now owns 1,059,155 shares of the textile maker’s stock valued at $72,658,000 after acquiring an additional 255,755 shares during the last quarter. Pzena Investment Management LLC grew its holdings in shares of PVH by 4.0% in the second quarter. Pzena Investment Management LLC now owns 6,407,637 shares of the textile maker’s stock valued at $439,564,000 after purchasing an additional 246,070 shares in the last quarter. Finally, Goldman Sachs Group Inc. increased its position in PVH by 79.8% in the first quarter. Goldman Sachs Group Inc. now owns 553,500 shares of the textile maker’s stock worth $35,778,000 after purchasing an additional 245,740 shares during the last quarter. Hedge funds and other institutional investors own 97.25% of the company’s stock.
Wall Street Analyst Weigh In
Several equities analysts have commented on PVH shares. Telsey Advisory Group reiterated an “outperform” rating and set a $95.00 price objective on shares of PVH in a research report on Thursday, December 4th. Needham & Company LLC reaffirmed a “buy” rating and issued a $100.00 price target on shares of PVH in a report on Thursday, December 4th. BTIG Research reissued a “buy” rating and set a $100.00 price objective on shares of PVH in a research note on Friday, December 5th. Citigroup lowered their price objective on PVH from $83.00 to $80.00 and set a “neutral” rating for the company in a research note on Monday, December 8th. Finally, Wall Street Zen downgraded PVH from a “buy” rating to a “hold” rating in a research report on Saturday, December 13th. Eight analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company. According to data from MarketBeat.com, PVH currently has an average rating of “Hold” and an average price target of $91.60.
PVH Stock Up 0.6%
Shares of NYSE:PVH opened at $62.75 on Tuesday. 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 business has a 50 day simple moving average of $70.39 and a two-hundred day simple moving average of $76.63. PVH Corp. has a 1 year low of $59.28 and a 1 year high of $89.79. The firm has a market capitalization of $2.87 billion, a PE ratio of 9.41, a price-to-earnings-growth ratio of 2.21 and a beta of 1.73.
PVH (NYSE:PVH – Get Free Report) last issued its quarterly earnings results on Wednesday, December 3rd. The textile maker reported $2.83 earnings per share (EPS) 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%.PVH’s quarterly revenue was up 1.7% compared to the same quarter last year. During the same period last year, the company earned $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, equities analysts predict that PVH Corp. will post 11.67 EPS for the current year.
About PVH
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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