Pacer Advisors Inc. Has $387,000 Stock Position in PVH Corp. $PVH

Pacer Advisors Inc. lowered its position in PVH Corp. (NYSE:PVH) by 92.8% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 5,554 shares of the textile maker’s stock after selling 72,038 shares during the period. Pacer Advisors Inc.’s holdings in PVH were worth $387,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in PVH. Principal Financial Group Inc. increased its holdings in shares of PVH by 2.2% in the fourth quarter. Principal Financial Group Inc. now owns 563,629 shares of the textile maker’s stock worth $37,774,000 after acquiring an additional 12,279 shares in the last quarter. Fifth Third Bancorp lifted its holdings in shares of PVH by 5,248.4% during the 1st quarter. Fifth Third Bancorp now owns 30,165 shares of the textile maker’s stock valued at $2,104,000 after purchasing an additional 29,601 shares in the last quarter. Hsbc Holdings PLC lifted its holdings in shares of PVH by 391.1% during the 1st quarter. Hsbc Holdings PLC now owns 42,250 shares of the textile maker’s stock valued at $2,928,000 after purchasing an additional 33,646 shares in the last quarter. Bastion Asset Management Inc. acquired a new position in shares of PVH in the 1st quarter valued at approximately $1,087,000. Finally, Allspring Global Investments Holdings LLC increased its stake in PVH by 2.0% during the 1st quarter. Allspring Global Investments Holdings LLC now owns 2,262,489 shares of the textile maker’s stock worth $173,216,000 after purchasing an additional 44,346 shares in the last quarter. Institutional investors and hedge funds own 97.25% of the company’s stock.

Analyst Ratings Changes

Several brokerages have commented on PVH. The Goldman Sachs Group dropped their target price on shares of PVH from $93.00 to $87.00 and set a “buy” rating on the stock in a report on Friday, June 5th. Evercore set a $79.00 price objective on shares of PVH and gave the stock an “in-line” rating in a report on Thursday, June 4th. Wall Street Zen lowered PVH from a “buy” rating to a “hold” rating in a report on Saturday, June 6th. Needham & Company LLC dropped their target price on PVH from $107.00 to $102.00 and set a “buy” rating on the stock in a research report on Thursday, June 4th. Finally, Bank of America restated an “underperform” rating and issued a $70.00 target price (down from $90.00) on shares of PVH in a research note on Thursday, June 25th. Seven equities research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $86.62.

PVH Stock Down 2.6%

Shares of PVH stock opened at $84.84 on Wednesday. The firm’s fifty day moving average price is $80.16 and its two-hundred day moving average price is $77.65. The company has a current ratio of 1.68, a quick ratio of 0.93 and a debt-to-equity ratio of 0.46. PVH Corp. has a 1 year low of $59.60 and a 1 year high of $100.75. The firm has a market capitalization of $3.91 billion, a P/E ratio of 26.85, a PEG ratio of 1.29 and a beta of 1.74.

PVH (NYSE:PVH) last posted its quarterly earnings data on Wednesday, June 3rd. The textile maker reported $2.01 EPS for the quarter, topping analysts’ consensus estimates of $1.80 by $0.21. The company had revenue of $2.03 billion during the quarter, compared to the consensus estimate of $2 billion. PVH had a net margin of 1.76% and a return on equity of 10.87%. The company’s quarterly revenue was up 2.1% on a year-over-year basis. During the same period in the prior year, the business posted $2.30 EPS. 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 predict that PVH Corp. will post 12.01 EPS for the current fiscal year.

PVH Dividend Announcement

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