200,559 Shares in PVH Corp. $PVH Purchased by Man Group plc

Man Group plc bought a new position in PVH Corp. (NYSE:PVH) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 200,559 shares of the textile maker’s stock, valued at approximately $14,894,000.

Several other institutional investors also recently made changes to their positions in the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in PVH by 26.6% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 24,931 shares of the textile maker’s stock worth $1,612,000 after buying an additional 5,240 shares during the period. Goldman Sachs Group Inc. raised its holdings 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 buying an additional 245,740 shares during the last quarter. Caxton Associates LLP acquired a new position in shares of PVH during the first quarter worth approximately $226,000. United Services Automobile Association bought a new position in PVH in the 1st quarter worth approximately $240,000. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in PVH by 9.3% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 353,847 shares of the textile maker’s stock valued at $22,873,000 after acquiring an additional 30,077 shares during the period. 97.25% of the stock is owned by institutional investors.

Analyst Ratings Changes

PVH has been the subject of a number of analyst reports. UBS Group reduced their price target on PVH from $130.00 to $121.00 and set a “buy” rating for the company in a research 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. Needham & Company LLC decreased their target price 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. The Goldman Sachs Group reduced their price target on shares of PVH from $93.00 to $87.00 and set a “buy” rating for the company in a research note on Friday, June 5th. Finally, Citigroup reiterated a “buy” rating on shares of PVH in a research note on Friday, June 5th. Six 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 company. According to data from MarketBeat.com, PVH has a consensus rating of “Hold” and a consensus price target of $86.82.

PVH Stock Performance

Shares of PVH opened at $76.16 on Friday. The company has a debt-to-equity ratio of 0.46, a current ratio of 1.68 and a quick ratio of 0.93. The firm’s 50 day moving average is $79.59 and its 200-day moving average is $78.97. PVH Corp. has a 12-month low of $59.60 and a 12-month high of $100.75. The stock has a market capitalization of $3.51 billion, a P/E ratio of 24.10, a P/E/G ratio of 1.16 and a beta of 1.74.

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

PVH Dividend Announcement

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