Oak Thistle LLC Purchases New Stake in PVH Corp. $PVH

Oak Thistle LLC acquired a new position in shares of PVH Corp. (NYSE:PVH) in the third quarter, Holdings Channel.com reports. The institutional investor acquired 9,811 shares of the textile maker’s stock, valued at approximately $822,000.

Several other institutional investors and hedge funds also recently bought and sold shares of the business. LPL Financial LLC lifted its position in shares of PVH by 321.0% in the first quarter. LPL Financial LLC now owns 23,454 shares of the textile maker’s stock worth $1,516,000 after purchasing an additional 17,883 shares in the last quarter. Invesco Ltd. increased its stake in PVH by 9.7% in the 1st quarter. Invesco Ltd. now owns 322,717 shares of the textile maker’s stock valued at $20,860,000 after buying an additional 28,528 shares during the period. Nuveen LLC purchased a new stake in PVH in the 1st quarter worth approximately $7,864,000. Hsbc Holdings PLC boosted its stake in shares of PVH by 296.8% during the 1st quarter. Hsbc Holdings PLC now owns 34,773 shares of the textile maker’s stock valued at $2,225,000 after buying an additional 26,009 shares during the period. Finally, EntryPoint Capital LLC purchased a new position in shares of PVH during the 1st quarter valued at $244,000. Hedge funds and other institutional investors own 97.25% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on the company. Needham & Company LLC reissued a “buy” rating and set a $100.00 price objective on shares of PVH in a research report on Thursday, December 4th. Jefferies Financial Group reiterated a “buy” rating on shares of PVH in a report on Thursday, October 23rd. Bank of America increased their price objective on PVH from $76.00 to $88.00 and gave the stock a “neutral” rating in a report on Wednesday, August 27th. BTIG Research reaffirmed a “buy” rating and set a $100.00 price objective on shares of PVH in a research report on Friday, December 5th. Finally, Telsey Advisory Group reissued an “outperform” rating and issued a $95.00 target price on shares of PVH in a research report on Thursday, December 4th. Nine analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $92.80.

PVH Price Performance

Shares of PVH stock opened at $71.07 on Friday. The company has a current ratio of 1.47, a quick ratio of 0.72 and a debt-to-equity ratio of 0.46. The firm has a fifty day simple moving average of $79.10 and a 200-day simple moving average of $77.35. The stock has a market capitalization of $3.26 billion, a price-to-earnings ratio of 10.66, a PEG ratio of 2.55 and a beta of 1.74. PVH Corp. has a 1-year low of $59.28 and a 1-year high of $109.88.

PVH (NYSE:PVH) last announced its earnings results on Wednesday, December 3rd. The textile maker reported $2.83 EPS for the quarter, topping the consensus estimate of $2.56 by $0.27. The firm had revenue of $2.29 billion for the quarter, compared to the consensus estimate of $2.28 billion. PVH had a net margin of 3.87% and a return on equity of 11.44%. The business’s quarterly revenue was up 1.7% on a year-over-year basis. During the same quarter last 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, sell-side analysts expect that PVH Corp. will post 11.67 earnings per share for the current year.

PVH Announces Dividend

The firm also recently disclosed 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 dividend yield of 0.2%. The ex-dividend date of this dividend was Wednesday, November 26th. PVH’s payout ratio is currently 2.25%.

PVH Company Profile

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.