Bridgewater Advisors Inc. Makes New $206,000 Investment in PVH Corp. $PVH

Bridgewater Advisors Inc. bought a new stake in shares of PVH Corp. (NYSE:PVH) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 2,748 shares of the textile maker’s stock, valued at approximately $206,000.

Several other large investors also recently made changes to their positions in the stock. Comerica Bank raised its stake in shares of PVH by 0.7% in the 1st quarter. Comerica Bank now owns 24,728 shares of the textile maker’s stock valued at $1,598,000 after acquiring an additional 180 shares in the last quarter. Smartleaf Asset Management LLC grew its holdings in PVH by 30.0% during the first quarter. Smartleaf Asset Management LLC now owns 802 shares of the textile maker’s stock valued at $52,000 after purchasing an additional 185 shares during the last quarter. Central Pacific Bank Trust Division raised its position in shares of PVH by 9.9% in the second quarter. Central Pacific Bank Trust Division now owns 2,110 shares of the textile maker’s stock valued at $145,000 after purchasing an additional 190 shares during the period. First Hawaiian Bank lifted its stake in shares of PVH by 4.0% in the first quarter. First Hawaiian Bank now owns 5,386 shares of the textile maker’s stock worth $348,000 after buying an additional 205 shares during the last quarter. Finally, Avantax Advisory Services Inc. boosted its holdings in shares of PVH by 5.7% during the 1st quarter. Avantax Advisory Services Inc. now owns 3,855 shares of the textile maker’s stock worth $249,000 after buying an additional 207 shares during the period. Institutional investors own 97.25% of the company’s stock.

PVH Price Performance

Shares of PVH stock opened at $75.07 on Wednesday. PVH Corp. has a 12 month low of $59.28 and a 12 month high of $113.47. The company has a market capitalization of $3.61 billion, a P/E ratio of 8.42, a P/E/G ratio of 2.54 and a beta of 1.89. The stock has a 50 day moving average of $83.48 and a two-hundred day moving average of $77.37. The company has a current ratio of 1.37, a quick ratio of 0.63 and a debt-to-equity ratio of 0.46.

PVH (NYSE:PVH) last issued its earnings results on Tuesday, August 26th. The textile maker reported $2.52 EPS for the quarter, beating analysts’ consensus estimates of $1.97 by $0.55. PVH had a return on equity of 11.90% and a net margin of 5.34%.The business had revenue of $2.17 billion during the quarter, compared to analyst estimates of $2.11 billion. During the same period in the prior year, the company posted $3.01 earnings per share. PVH’s revenue was up 4.5% on a year-over-year basis. PVH has set its Q3 2025 guidance at 2.350-2.50 EPS. FY 2025 guidance at 10.750-11.00 EPS. As a group, equities analysts expect that PVH Corp. will post 11.67 EPS for the current year.

PVH Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, December 17th. Investors of record on Wednesday, November 26th will be paid a $0.0375 dividend. The ex-dividend date of this dividend is Wednesday, November 26th. This represents a $0.15 dividend on an annualized basis and a yield of 0.2%. PVH’s payout ratio is presently 1.68%.

Analysts Set New Price Targets

Several research analysts recently commented on PVH shares. UBS Group lifted their target price on shares of PVH from $146.00 to $148.00 and gave the stock a “buy” rating in a report on Thursday, August 28th. Jefferies Financial Group reiterated a “buy” rating on shares of PVH in a research note on Thursday, October 23rd. Barclays increased their target price on PVH from $83.00 to $101.00 and gave the company an “overweight” rating in a research note on Wednesday, August 27th. Wells Fargo & Company raised their target price on PVH from $80.00 to $88.00 and gave the company an “equal weight” rating in a report on Thursday, August 28th. Finally, The Goldman Sachs Group upped their price target on PVH from $81.00 to $91.00 and gave the stock a “buy” rating in a report on Thursday, August 28th. Ten analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, PVH has a consensus rating of “Moderate Buy” and an average target price of $95.13.

PVH Company Profile

PVH Corp. operates as an apparel company in the United States and internationally. The company operates through Tommy Hilfiger North America, Tommy Hilfiger International, Calvin Klein North America, Calvin Klein International, and Heritage Brands Wholesale segments. It designs and markets men's, women's, and children's branded apparel, footwear and accessories, underwear, sleepwear, outerwear, home furnishings, luggage, dresses, suits and swimwear, activewear, sportswear, socks and accessories, outerwear, golf products, footwear, watches and jewelry, eyeglasses and non-ophthalmic sunglasses, jeans wear, performance apparel, intimate apparel, dress shirts, handbags, fragrance, small leather goods, and other related products; and men's and boy's tailored clothing products, duvets, pillows, mattress pads and toppers, and feather beds.