Needham & Company LLC Cuts PVH (NYSE:PVH) Price Target to $95.00

PVH (NYSE:PVH) had its price target dropped by investment analysts at Needham & Company LLC from $102.00 to $95.00 in a report issued on Thursday, Benzinga reports. The brokerage presently has a “buy” rating on the textile maker’s stock. Needham & Company LLC’s price objective suggests a potential upside of 30.92% from the stock’s current price.

Several other brokerages have also commented on PVH. Wall Street Zen lowered shares of PVH from a “buy” rating to a “hold” rating in a report on Saturday, June 6th. Citigroup reissued a “buy” rating on shares of PVH in a research report on Friday, June 5th. Evercore set a $79.00 price objective on shares of PVH and gave the company an “in-line” rating in a research report on Thursday, June 4th. Bank of America reissued an “underperform” rating and set a $70.00 price objective (down from $90.00) on shares of PVH in a research note on Thursday, June 25th. Finally, Wells Fargo & Company cut their target price on PVH from $85.00 to $78.00 and set an “equal weight” rating on the stock in a research report on Friday, June 5th. Six research analysts have rated the stock with a Buy rating, five have issued a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat, PVH currently has an average rating of “Hold” and a consensus target price of $86.18.

PVH Trading Up 0.4%

NYSE:PVH traded up $0.28 during midday trading on Thursday, reaching $72.56. 1,118,468 shares of the stock traded hands, compared to its average volume of 1,068,148. The stock has a market capitalization of $3.35 billion, a P/E ratio of 23.02, a PEG ratio of 1.08 and a beta of 1.72. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.93 and a current ratio of 1.68. The company has a fifty day moving average of $79.47 and a 200 day moving average of $79.13. PVH has a 12 month low of $59.60 and a 12 month high of $100.75.

PVH (NYSE:PVH) last announced its quarterly earnings results on Wednesday, September 2nd. The textile maker reported $3.70 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.08 by $0.62. The company had revenue of $2.10 billion for the quarter, compared to the consensus estimate of $2.09 billion. PVH had a return on equity of 10.87% and a net margin of 1.76%.PVH’s revenue was down 3.2% compared to the same quarter last year. During the same quarter in the previous year, the business 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. On average, research analysts predict that PVH will post 12.01 EPS for the current year.

Institutional Investors Weigh In On PVH

Several hedge funds have recently made changes to their positions in PVH. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in shares of PVH by 26.6% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 24,931 shares of the textile maker’s stock valued at $1,612,000 after buying an additional 5,240 shares during the period. Goldman Sachs Group Inc. increased its position in PVH by 79.8% during the 1st 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. Caxton Associates LLP bought a new stake in shares of PVH in the 1st quarter valued at about $226,000. United Services Automobile Association purchased a new stake in shares of PVH in the 1st quarter worth approximately $240,000. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in shares of 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 worth $22,873,000 after purchasing an additional 30,077 shares during the period. 97.25% of the stock is currently owned by hedge funds and other institutional investors.

PVH News Roundup

Here are the key news stories impacting PVH this week:

• Positive Sentiment: PVH reported second-quarter non-GAAP EPS of $3.70, well above the $3.08 consensus estimate, while revenue of approximately $2.10 billion was broadly in line with expectations. Digital commerce revenue grew 4%, and management cited continued progress in its PVH+ strategic plan. PVH Beats Q2 Earnings Estimates
• Positive Sentiment: The company reaffirmed its fiscal 2026 non-GAAP revenue, operating-margin and EPS outlook and plans to repurchase at least $300 million of stock during the year. The buyback could support per-share earnings and signal management confidence in the long-term plan. PVH Reports 2026 Second Quarter Results
• Neutral Sentiment: At roughly $11.80-$12.10 of expected fiscal 2026 EPS, PVH’s guidance remains close to the analyst consensus of $11.92. Some valuation commentary argues the stock could be below fair value after its prior selloff, but this is dependent on a recovery in brand performance and consumer demand. PVH Stock Could Trade Below Fair Value
• Negative Sentiment: Second-quarter revenue declined about 3% year over year, pressured by weakness at Calvin Klein. The quarter also included a $439 million pre-tax noncash goodwill impairment, producing a $102.9 million GAAP net loss versus a year-earlier profit. Tariff refunds helped gross margin, but may not represent a recurring benefit. PVH Sales Hurt by Calvin Klein Declines
• Negative Sentiment: Fiscal third-quarter EPS guidance of $2.50-$2.65 is materially below the $3.17 analyst consensus, raising concerns about near-term earnings momentum despite the maintained full-year forecast. PVH Turns to Q2 Loss and Reaffirms Outlook

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.