Conscious Wealth Investments LLC raised its holdings in PVH Corp. (NYSE:PVH – Free Report) by 2.7% during the second quarter, HoldingsChannel reports. The firm owned 52,504 shares of the textile maker’s stock after buying an additional 1,379 shares during the period. PVH comprises about 2.5% of Conscious Wealth Investments LLC’s investment portfolio, making the stock its 18th biggest holding. Conscious Wealth Investments LLC’s holdings in PVH were worth $3,953,000 as of its most recent SEC filing.
A number of other institutional investors also recently bought and sold shares of PVH. Allspring Global Investments Holdings LLC increased its stake in PVH by 170.6% in the second quarter. Allspring Global Investments Holdings LLC now owns 2,057,013 shares of the textile maker’s stock valued at $147,262,000 after purchasing an additional 1,296,881 shares during the period. Pzena Investment Management LLC increased its position in PVH by 15.1% in the 1st quarter. Pzena Investment Management LLC now owns 6,161,567 shares of the textile maker’s stock valued at $398,284,000 after acquiring an additional 807,301 shares during the period. American Century Companies Inc. increased its holdings in shares of PVH by 76.6% in the first quarter. American Century Companies Inc. now owns 803,400 shares of the textile maker’s stock valued at $51,932,000 after purchasing an additional 348,592 shares during the period. Invenomic Capital Management LP acquired a new position in shares of PVH in the first quarter valued at approximately $20,075,000. Finally, Goldman Sachs Group Inc. increased its holdings in shares of PVH by 79.8% in the first quarter. Goldman Sachs Group Inc. now owns 553,500 shares of the textile maker’s stock valued at $35,778,000 after purchasing an additional 245,740 shares during the period. 97.25% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
Several equities analysts have issued reports on PVH shares. 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. Barclays boosted their price objective on shares of PVH from $83.00 to $101.00 and gave the company an “overweight” rating in a research note on Wednesday, August 27th. Weiss Ratings reiterated a “hold (c)” rating on shares of PVH in a research note on Wednesday, October 8th. Wells Fargo & Company boosted their price target on shares of PVH from $80.00 to $88.00 and gave the stock an “equal weight” rating in a research note on Thursday, August 28th. Finally, JPMorgan Chase & Co. boosted their target price on PVH from $76.00 to $87.00 and gave the stock a “neutral” rating in a research report on Monday, July 28th. Ten equities research analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company. Based on data from MarketBeat.com, PVH presently has an average rating of “Moderate Buy” and a consensus target price of $95.13.
PVH Stock Performance
NYSE:PVH opened at $85.54 on Tuesday. The company has a quick ratio of 0.63, a current ratio of 1.37 and a debt-to-equity ratio of 0.46. The firm’s fifty day simple moving average is $83.48 and its 200-day simple moving average is $76.89. PVH Corp. has a fifty-two week low of $59.28 and a fifty-two week high of $113.47. The stock has a market cap of $4.12 billion, a PE ratio of 9.59, a price-to-earnings-growth ratio of 2.69 and a beta of 1.89.
PVH (NYSE:PVH – Get Free Report) last issued its earnings results on Tuesday, August 26th. The textile maker reported $2.52 earnings per share for the quarter, topping the consensus estimate of $1.97 by $0.55. PVH had a net margin of 5.34% and a return on equity of 11.90%. The company had revenue of $2.17 billion for the quarter, compared to analyst estimates of $2.11 billion. During the same period in the prior year, the business posted $3.01 earnings per share. The firm’s revenue for the quarter was up 4.5% compared to the same quarter last year. PVH has set its Q3 2025 guidance at 2.350-2.50 EPS. FY 2025 guidance at 10.750-11.00 EPS. Analysts expect that PVH Corp. will post 11.67 earnings per share for the current fiscal year.
PVH Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Wednesday, September 24th. Shareholders of record on Wednesday, September 3rd were issued a $0.0375 dividend. The ex-dividend date of this dividend was Wednesday, September 3rd. This represents a $0.15 annualized dividend and a yield of 0.2%. PVH’s dividend payout ratio is 1.68%.
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.
See Also
- Five stocks we like better than PVH
- Best of the list of Dividend Aristocrats: Build wealth with the aristocrat index
- Growth Picks: 3 Low-Cost Stocks That Could Double in Value
- The 3 Best Retail Stocks to Shop for in August
- Are These 3 Beaten-Down Stocks Ready to Rebound?
- How to find penny stocks to invest and tradeĀ
- Does the Trump-Induced Quantum Stock Rally Have Legs?
Want to see what other hedge funds are holding PVH? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for PVH Corp. (NYSE:PVH – Free Report).
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.
