Rockefeller Capital Management L.P. Reduces Holdings in PVH Corp. $PVH

Rockefeller Capital Management L.P. trimmed its position in shares of PVH Corp. (NYSE:PVH) by 99.1% during the 4th quarter, HoldingsChannel.com reports. The fund owned 828 shares of the textile maker’s stock after selling 91,496 shares during the period. Rockefeller Capital Management L.P.’s holdings in PVH were worth $56,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Goldman Sachs Group Inc. boosted its position in shares of PVH by 79.8% during 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 in the last quarter. Jupiter Asset Management Ltd. lifted its position in PVH by 87.5% during the fourth quarter. Jupiter Asset Management Ltd. now owns 406,536 shares of the textile maker’s stock valued at $27,246,000 after buying an additional 189,666 shares during the period. LSV Asset Management boosted its holdings in shares of PVH by 8.4% during the 4th quarter. LSV Asset Management now owns 2,127,646 shares of the textile maker’s stock valued at $142,595,000 after buying an additional 164,343 shares in the last quarter. Invenomic Capital Management LP boosted its holdings in shares of PVH by 32.3% during the 4th quarter. Invenomic Capital Management LP now owns 652,967 shares of the textile maker’s stock valued at $43,762,000 after buying an additional 159,532 shares in the last quarter. Finally, Allspring Global Investments Holdings LLC grew its position in shares of PVH by 7.0% in the 4th quarter. Allspring Global Investments Holdings LLC now owns 2,218,143 shares of the textile maker’s stock worth $150,434,000 after buying an additional 145,430 shares during the period. Institutional investors own 97.25% of the company’s stock.

Analyst Ratings Changes

PVH has been the subject of a number of recent research reports. Wall Street Zen cut shares of PVH from a “buy” rating to a “hold” rating in a research report on Saturday, June 6th. Telsey Advisory Group reaffirmed a “market perform” rating and set a $74.00 target price on shares of PVH in a research note on Wednesday, April 1st. Wells Fargo & Company lowered their target price on shares of PVH from $85.00 to $78.00 and set an “equal weight” rating for the company in a report on Friday, June 5th. Evercore set a $79.00 price target on PVH and gave the stock an “in-line” rating in a research report on Thursday, June 4th. Finally, Needham & Company LLC reduced their price objective on PVH from $107.00 to $102.00 and set a “buy” rating for the company in a research report on Thursday, June 4th. Seven analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $85.54.

PVH Trading Up 0.0%

NYSE:PVH opened at $79.40 on Monday. PVH Corp. has a one year low of $59.60 and a one year high of $100.75. The business has a fifty day moving average price of $82.31 and a 200-day moving average price of $75.09. The firm has a market capitalization of $3.66 billion, a price-to-earnings ratio of 25.13, a price-to-earnings-growth ratio of 1.17 and a beta of 1.75. 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) last issued its quarterly earnings results on Wednesday, June 3rd. The textile maker reported $2.01 EPS for the quarter, topping analysts’ consensus estimates of $1.80 by $0.21. PVH had a return on equity of 10.87% and a net margin of 1.76%.The business had revenue of $2.03 billion during the quarter, compared to analysts’ expectations of $2 billion. During the same quarter in the prior year, the business posted $2.30 earnings per share. The business’s quarterly revenue was up 2.1% on a year-over-year basis. PVH has set its Q2 2026 guidance at 3.000-3.10 EPS and its FY 2026 guidance at 11.800-12.10 EPS. Sell-side analysts forecast that PVH Corp. will post 12.03 EPS for the current year.

PVH Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, June 24th. Shareholders of record on Wednesday, June 3rd were given a $0.0375 dividend. This represents a $0.15 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date was Wednesday, June 3rd. PVH’s dividend payout ratio is presently 4.75%.

PVH Company 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.