Northwestern Mutual Wealth Management Co. acquired a new position in PVH Corp. (NYSE:PVH – Free Report) in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 9,545 shares of the textile maker’s stock, valued at approximately $709,000.
A number of other large investors also recently added to or reduced their stakes in the business. Danske Bank A S bought a new stake in shares of PVH during the third quarter worth approximately $25,000. Global Retirement Partners LLC bought a new stake in shares of PVH during the 2nd quarter valued at $26,000. Eurizon Capital SGR S.p.A. bought a new position in shares of PVH in the 4th quarter worth $36,000. Allworth Financial LP acquired a new stake in shares of PVH during the second quarter worth $41,000. Finally, Quarry LP bought a new stake in PVH in the third quarter valued at about $58,000. 97.25% of the stock is currently owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
Several equities analysts have recently issued reports on PVH shares. BTIG Research restated a “buy” rating and set a $100.00 target price on shares of PVH in a research report on Friday, June 5th. UBS Group lowered their target price on shares of PVH from $130.00 to $121.00 and set a “buy” rating for the company in a research note on Friday, June 5th. Bank of America reissued an “underperform” rating and set a $70.00 price target (down from $90.00) on shares of PVH in a research report on Thursday, June 25th. Wall Street Zen cut shares of PVH from a “buy” rating to a “hold” rating in a research report on Saturday, June 6th. Finally, The Goldman Sachs Group reduced their target price on PVH from $93.00 to $87.00 and set a “buy” rating on the stock in a report on Friday, June 5th. Six research analysts have rated the stock with a Buy rating, six have given a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $85.42.
PVH Stock Performance
PVH opened at $78.39 on Thursday. The company has a market capitalization of $3.61 billion, a price-to-earnings ratio of 24.81, a P/E/G ratio of 1.10 and a beta of 1.74. The business’s 50-day moving average price is $79.61 and its two-hundred day moving average price is $78.90. PVH Corp. has a 1 year low of $59.60 and a 1 year high of $100.75. The company has a debt-to-equity ratio of 0.46, a current ratio of 1.68 and a quick ratio of 0.93.
PVH (NYSE:PVH – Get Free Report) last posted its quarterly earnings data on Wednesday, June 3rd. The textile maker reported $2.01 earnings per share for the quarter, topping the consensus estimate of $1.80 by $0.21. PVH had a return on equity of 10.87% and a net margin of 1.76%.The company had revenue of $2.03 billion during the quarter, compared to analysts’ expectations of $2 billion. During the same period in the prior year, the firm earned $2.30 earnings per share. PVH’s revenue for the quarter was up 2.1% compared to the same quarter last year. PVH has set its Q2 2026 guidance at 3.000-3.10 EPS and its FY 2026 guidance at 11.800-12.10 EPS. Equities analysts expect that PVH Corp. will post 12.01 EPS for the current fiscal year.
PVH Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 23rd. Stockholders of record on Wednesday, September 2nd will be issued a $0.0375 dividend. The ex-dividend date is Wednesday, September 2nd. This represents a $0.15 dividend on an annualized basis and a dividend yield of 0.2%. PVH’s dividend payout ratio (DPR) is 4.75%.
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.
Read More
- Five stocks we like better than PVH
- Williams-Sonoma’s Quarter Gave Bulls More Than Just a Beat-and-Raise
- Alcoa’s Gallium Project Opens a New Door Beyond Aluminum
- Oura’s $16 Billion IPO Could Put a New Price on Wearable Tech
- Can Tesla’s Flying Roadster Distract From Its Real Risks?
Receive News & Ratings for PVH Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PVH and related companies with MarketBeat.com's FREE daily email newsletter.
