Public Employees Retirement System of Ohio Invests $960,000 in PVH Corp. $PVH

Public Employees Retirement System of Ohio acquired a new stake in PVH Corp. (NYSE:PVH) during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm acquired 12,922 shares of the textile maker’s stock, valued at approximately $960,000.

Other large investors have also added to or reduced their stakes in the company. Legal & General Group Plc acquired a new stake in shares of PVH in the second quarter valued at about $6,262,000. Corient Private Wealth LP bought a new stake in shares of PVH during the 2nd quarter worth approximately $4,892,000. Jupiter Topco LLC acquired a new stake in shares of PVH in the 2nd quarter valued at approximately $1,580,000. Fifth Third Bancorp grew its stake in shares of PVH by 5,248.4% in the first quarter. Fifth Third Bancorp now owns 30,165 shares of the textile maker’s stock valued at $2,104,000 after buying an additional 29,601 shares in the last quarter. Finally, BlackRock Inc. bought a new position in shares of PVH in the second quarter valued at $332,758,000. Institutional investors and hedge funds own 97.25% of the company’s stock.

PVH Trading Down 4.4%

PVH stock opened at $71.07 on Wednesday. PVH Corp. has a one year low of $59.60 and a one year high of $100.75. The stock has a market cap of $3.28 billion, a price-to-earnings ratio of -19.21, a price-to-earnings-growth ratio of 1.10 and a beta of 1.72. The company has a fifty day moving average price of $79.42 and a two-hundred day moving average price of $79.24. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.65 and a quick ratio of 0.93.

PVH (NYSE:PVH) last issued its quarterly earnings data on Wednesday, September 2nd. The textile maker reported $3.70 earnings per share for the quarter, beating the consensus estimate of $3.08 by $0.62. The company had revenue of $2.10 billion for the quarter, compared to analyst estimates of $2.09 billion. PVH had a negative net margin of 1.89% and a positive return on equity of 11.94%. The company’s revenue was down 3.2% on a year-over-year basis. During the same period in the prior year, the firm earned $2.52 earnings per share. PVH has set its Q3 2026 guidance at 2.500-2.650 EPS and its FY 2026 guidance at 11.800-12.100 EPS. Equities analysts anticipate that PVH Corp. will post 12 EPS for the current year.

PVH Announces Dividend

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

Wall Street Analyst Weigh In

Several analysts have issued reports on PVH shares. Weiss Ratings raised shares of PVH from a “hold (c-)” rating to a “hold (c)” rating in a research report on Tuesday, September 1st. Wells Fargo & Company lowered 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. Zacks Research raised shares of PVH from a “strong sell” rating to a “hold” rating in a report on Wednesday, September 2nd. Wall Street Zen downgraded shares of PVH from a “buy” rating to a “hold” rating in a research note on Saturday, June 6th. Finally, BTIG Research reiterated a “buy” rating and set a $100.00 price target on shares of PVH in a report on Friday, June 5th. Six equities research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $86.55.

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.