Stefan Larsson Purchases 14,179 Shares of PVH (NYSE:PVH) Stock

PVH Corp. (NYSE:PVH) CEO Stefan Larsson acquired 14,179 shares of the company’s stock in a transaction that occurred on Friday, September 11th. The stock was purchased at an average cost of $70.53 per share, for a total transaction of $1,000,044.87. Following the acquisition, the chief executive officer owned 349,889 shares in the company, valued at approximately $24,677,671.17. This trade represents a 4.22% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is available through this link.

PVH Trading Up 1.8%

PVH stock opened at $70.58 on Friday. The company has a quick ratio of 0.93, a current ratio of 1.65 and a debt-to-equity ratio of 0.47. The firm has a 50-day moving average price of $79.06 and a two-hundred day moving average price of $79.15. The firm has a market capitalization of $3.26 billion, a price-to-earnings ratio of -19.08, a PEG ratio of 0.89 and a beta of 1.72. PVH Corp. has a 52-week low of $59.60 and a 52-week high of $100.75.

PVH (NYSE:PVH) last posted its earnings results on Wednesday, September 2nd. The textile maker reported $3.70 EPS for the quarter, topping the consensus estimate of $3.08 by $0.62. The firm had revenue of $2.10 billion during the quarter, compared to analysts’ expectations of $2.09 billion. PVH had a negative net margin of 1.89% and a positive return on equity of 11.94%. PVH’s quarterly revenue was down 3.2% on a year-over-year basis. During the same quarter in the prior year, the firm earned $2.52 EPS. PVH has set its Q3 2026 guidance at 2.500-2.650 EPS and its FY 2026 guidance at 11.800-12.100 EPS. Sell-side analysts expect that PVH Corp. will post 12.06 earnings per share for the current year.

PVH Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, September 23rd. Investors of record on Wednesday, September 2nd will be given a $0.0375 dividend. This represents a $0.15 annualized dividend and a yield of 0.2%. The ex-dividend date is Wednesday, September 2nd. PVH’s dividend payout ratio (DPR) is currently -4.05%.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on PVH. The Goldman Sachs Group reduced their price target on PVH from $93.00 to $87.00 and set a “buy” rating for the company in a research report on Friday, June 5th. Wells Fargo & Company cut their price objective on shares of PVH from $85.00 to $78.00 and set an “equal weight” rating on the stock in a research note on Friday, June 5th. Citigroup reaffirmed a “buy” rating on shares of PVH in a report on Friday, June 5th. UBS Group reaffirmed a “buy” rating on shares of PVH in a report on Friday, September 4th. Finally, Wall Street Zen lowered shares of PVH from a “buy” rating to a “hold” rating in a research report on Saturday, June 6th. Six investment analysts have rated the stock with a Buy rating, six have issued a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $86.55.

Hedge Funds Weigh In On PVH

Hedge funds have recently modified their holdings of the company. Pzena Investment Management LLC purchased a new stake in shares of PVH during the 2nd quarter worth about $444,571,000. BlackRock Inc. acquired a new stake in shares of PVH during the 2nd quarter valued at about $332,758,000. California State Teachers Retirement System grew its stake in shares of PVH by 7,475.8% in the 2nd quarter. California State Teachers Retirement System now owns 3,938,825 shares of the textile maker’s stock valued at $292,497,000 after buying an additional 3,886,833 shares in the last quarter. Bank of New York Mellon Corp acquired a new position in PVH in the second quarter worth approximately $25,665,000. Finally, Goldman Sachs Group Inc. increased its holdings in PVH by 79.8% in the first quarter. Goldman Sachs Group Inc. now owns 553,500 shares of the textile maker’s stock worth $35,778,000 after buying an additional 245,740 shares during the last quarter. 97.25% of the stock is currently owned by institutional investors and hedge funds.

About PVH

PVH Corp. (NYSE: PVH) is a global apparel company that owns and operates internationally recognized fashion brands. Its principal brands are Calvin Klein and Tommy Hilfiger, which offer clothing, accessories, footwear, underwear, and related lifestyle products across a range of consumer categories.

The company sells its products through wholesale customers, company-operated and franchised stores, e-commerce platforms, and licensing arrangements. PVH serves customers in North America, Europe, the Asia-Pacific region, and other international markets through its retail, digital, and distribution networks.

PVH traces its origins to 1881 and has expanded through brand development and acquisitions, including its acquisition of Tommy Hilfiger and the Calvin Klein business.