Corient Private Wealth LP Takes $4.89 Million Position in PVH Corp. $PVH

Corient Private Wealth LP acquired a new stake in PVH Corp. (NYSE:PVH) during the second quarter, Holdings Channel reports. The fund acquired 65,873 shares of the textile maker’s stock, valued at approximately $4,892,000.

Several other hedge funds also recently added to or reduced their stakes in the business. Danske Bank A S acquired a new stake in PVH during the third quarter worth $25,000. Global Retirement Partners LLC purchased a new stake in PVH in the second quarter valued at $26,000. Eurizon Capital SGR S.p.A. acquired a new position in shares of PVH in the 4th quarter valued at $36,000. Allworth Financial LP acquired a new position in shares of PVH in the 2nd quarter valued at $41,000. Finally, Meeder Asset Management Inc. purchased a new position in shares of PVH during the 4th quarter worth $48,000. 97.25% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on PVH. UBS Group cut their price objective on PVH from $130.00 to $121.00 and set a “buy” rating for the company in a research report on Friday, June 5th. Citigroup reaffirmed a “buy” rating on shares of PVH in a research report on Friday, June 5th. Wall Street Zen lowered shares of PVH from a “buy” rating to a “hold” rating in a research note on Saturday, June 6th. Needham & Company LLC dropped their price target on shares of PVH from $107.00 to $102.00 and set a “buy” rating for the company in a research report on Thursday, June 4th. Finally, Wells Fargo & Company reduced their price target on shares of PVH from $85.00 to $78.00 and set an “equal weight” rating on the stock in a research note on Friday, June 5th. Six equities research analysts have rated the stock with a Buy rating, five have issued a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat, the company has an average rating of “Hold” and a consensus target price of $86.82.

PVH Trading Down 2.5%

PVH opened at $73.93 on Tuesday. PVH Corp. has a 52 week low of $59.60 and a 52 week high of $100.75. The business has a fifty day simple moving average of $79.48 and a 200-day simple moving average of $79.07. The firm has a market cap of $3.41 billion, a P/E ratio of 23.40, a P/E/G ratio of 1.12 and a beta of 1.74. The company has a quick ratio of 0.93, a current ratio of 1.68 and a debt-to-equity ratio of 0.46.

PVH (NYSE:PVH) last issued its quarterly earnings data on Wednesday, June 3rd. The textile maker reported $2.01 earnings per share for the quarter, beating analysts’ consensus estimates of $1.80 by $0.21. The business had revenue of $2.03 billion during the quarter, compared to analysts’ expectations of $2 billion. PVH had a return on equity of 10.87% and a net margin of 1.76%.The company’s revenue was up 2.1% on a year-over-year basis. During the same period in the previous year, the firm posted $2.30 earnings per share. PVH has set its Q2 2026 guidance at 3.000-3.10 EPS and its FY 2026 guidance at 11.800-12.10 EPS. On average, equities analysts expect that PVH Corp. will post 12.01 earnings per share for the current year.

PVH Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, September 23rd. Shareholders of record on Wednesday, September 2nd will be given a $0.0375 dividend. This represents a $0.15 annualized dividend and a yield of 0.2%. The ex-dividend date of this dividend is Wednesday, September 2nd. PVH’s payout ratio is currently 4.75%.

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.