PVH’s (PVH) “Outperform” Rating Reiterated at Telsey Advisory Group

Telsey Advisory Group reiterated their outperform rating on shares of PVH (NYSE:PVH) in a report issued on Wednesday morning,Benzinga reports. Telsey Advisory Group currently has a $90.00 price objective on the textile maker’s stock.

A number of other equities research analysts have also recently commented on the stock. TD Cowen reissued a “hold” rating and issued a $74.00 price objective (down from $98.00) on shares of PVH in a research note on Wednesday, July 9th. Needham & Company LLC reissued a “buy” rating and issued a $115.00 price objective on shares of PVH in a research note on Thursday, June 5th. Evercore ISI lowered their price objective on shares of PVH from $105.00 to $95.00 and set an “outperform” rating on the stock in a research note on Thursday, June 5th. Bank of America lowered their price objective on shares of PVH from $86.00 to $76.00 and set a “neutral” rating on the stock in a research note on Friday, June 6th. Finally, UBS Group lowered their price objective on shares of PVH from $150.00 to $146.00 and set a “buy” rating on the stock in a research note on Friday, June 6th. Nine equities research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. According to MarketBeat.com, PVH presently has a consensus rating of “Moderate Buy” and an average price target of $93.40.

PVH Stock Performance

Shares of PVH opened at $75.8910 on Wednesday. The company has a 50-day simple moving average of $71.65 and a 200-day simple moving average of $72.91. The company has a quick ratio of 0.53, a current ratio of 1.11 and a debt-to-equity ratio of 0.37. The company has a market capitalization of $3.65 billion, a PE ratio of 10.70, a P/E/G ratio of 1.57 and a beta of 1.84. PVH has a 52-week low of $59.28 and a 52-week high of $113.47.

PVH (NYSE:PVH) last announced its quarterly earnings results on Wednesday, June 4th. The textile maker reported $2.30 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.24 by $0.06. The business had revenue of $1.98 billion during the quarter, compared to the consensus estimate of $1.93 billion. PVH had a net margin of 4.63% and a return on equity of 12.66%. The business’s revenue was up 1.6% compared to the same quarter last year. During the same quarter last year, the firm posted $2.45 EPS. PVH has set its Q2 2025 guidance at 1.850-2.00 EPS. FY 2025 guidance at 10.750-11.00 EPS. Equities research analysts predict that PVH will post 11.67 earnings per share for the current fiscal year.

PVH Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, September 24th. Shareholders of record on Wednesday, September 3rd will be issued a $0.0375 dividend. This represents a $0.15 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date is Wednesday, September 3rd. PVH’s dividend payout ratio is 2.12%.

Insider Transactions at PVH

In other news, Director Jesper Andersen bought 600 shares of PVH stock in a transaction on Wednesday, June 11th. The shares were bought at an average cost of $66.10 per share, for a total transaction of $39,660.00. Following the acquisition, the director owned 736 shares in the company, valued at approximately $48,649.60. This trade represents a 441.18% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, CEO Stefan Larsson bought 15,645 shares of PVH stock in a transaction on Thursday, June 26th. The stock was purchased at an average price of $63.92 per share, for a total transaction of $1,000,028.40. Following the completion of the acquisition, the chief executive officer owned 269,438 shares in the company, valued at $17,222,476.96. This represents a 6.16% increase in their position. The disclosure for this purchase can be found here. 1.20% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the stock. BNP PARIBAS ASSET MANAGEMENT Holding S.A. acquired a new position in shares of PVH during the 2nd quarter valued at about $38,000. UMB Bank n.a. increased its stake in shares of PVH by 63.3% during the 2nd quarter. UMB Bank n.a. now owns 619 shares of the textile maker’s stock valued at $42,000 after acquiring an additional 240 shares during the last quarter. Hantz Financial Services Inc. increased its stake in shares of 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 last quarter. Kapitalo Investimentos Ltda acquired a new position in shares of PVH during the 4th quarter valued at about $47,000. Finally, Smartleaf Asset Management LLC increased its stake in shares of PVH by 30.0% during the 1st quarter. Smartleaf Asset Management LLC now owns 802 shares of the textile maker’s stock valued at $52,000 after acquiring an additional 185 shares during the last quarter. Institutional investors and hedge funds own 97.25% of the company’s stock.

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.