PVH Corp. $PVH Shares Sold by New York State Common Retirement Fund

New York State Common Retirement Fund reduced its stake in shares of PVH Corp. (NYSE:PVH) by 21.6% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 28,604 shares of the textile maker’s stock after selling 7,900 shares during the quarter. New York State Common Retirement Fund owned 0.06% of PVH worth $2,396,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently bought and sold shares of PVH. BNP PARIBAS ASSET MANAGEMENT Holding S.A. acquired a new stake in shares of PVH during the 2nd quarter worth about $38,000. Hantz Financial Services Inc. grew its stake in PVH by 1,284.4% in the 2nd 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. Farther Finance Advisors LLC raised its holdings in PVH by 128.7% in the 3rd quarter. Farther Finance Advisors LLC now owns 892 shares of the textile maker’s stock valued at $75,000 after acquiring an additional 502 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. lifted its stake in shares of PVH by 45.6% during the 2nd 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 period. Finally, Blue Trust Inc. boosted its holdings in shares of PVH by 41.2% during the second quarter. Blue Trust Inc. now owns 952 shares of the textile maker’s stock worth $65,000 after purchasing an additional 278 shares during the last quarter. Institutional investors and hedge funds own 97.25% of the company’s stock.

Analyst Ratings Changes

A number of research firms have issued reports on PVH. Needham & Company LLC reissued a “buy” rating and set a $100.00 price target on shares of PVH in a research report on Thursday, December 4th. Citigroup reduced their price objective on PVH from $83.00 to $80.00 and set a “neutral” rating on the stock in a research note on Monday, December 8th. JPMorgan Chase & Co. boosted their target price on PVH from $82.00 to $83.00 and gave the stock a “neutral” rating in a report on Thursday, December 4th. Weiss Ratings restated a “hold (c)” rating on shares of PVH in a report on Thursday, January 22nd. Finally, Guggenheim initiated coverage on shares of PVH in a research report on Tuesday, December 9th. They set a “neutral” rating on the stock. Eight analysts have rated the stock with a Buy rating and nine have given a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $91.60.

PVH Trading Up 2.5%

NYSE:PVH opened at $66.22 on Monday. The company has a market cap of $3.03 billion, a PE ratio of 9.93, a P/E/G ratio of 2.20 and a beta of 1.72. The business’s 50 day moving average is $68.86 and its two-hundred day moving average is $76.35. The company has a quick ratio of 0.72, a current ratio of 1.47 and a debt-to-equity ratio of 0.46. PVH Corp. has a 52 week low of $59.28 and a 52 week high of $89.79.

PVH (NYSE:PVH) last issued its earnings results on Wednesday, December 3rd. The textile maker reported $2.83 EPS for the quarter, beating analysts’ consensus estimates of $2.56 by $0.27. PVH had a return on equity of 11.44% and a net margin of 3.87%.The company had revenue of $2.29 billion during the quarter, compared to the consensus estimate of $2.28 billion. During the same period in the previous year, the firm posted $3.03 earnings per share. PVH’s quarterly 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. On average, analysts predict that PVH Corp. will post 11.67 EPS for the current year.

PVH Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, March 25th. Stockholders of record on Wednesday, March 4th will be issued a $0.0375 dividend. The ex-dividend date is Wednesday, March 4th. This represents a $0.15 dividend on an annualized basis and a dividend yield of 0.2%. PVH’s dividend payout ratio is presently 2.25%.

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.