Maxi Investments CY Ltd acquired a new stake in shares of PVH Corp. (NYSE:PVH – Free Report) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 10,553 shares of the textile maker’s stock, valued at approximately $781,000.
Several other large investors have also modified their holdings of PVH. Pzena Investment Management LLC acquired a new position in shares of PVH in the 2nd quarter worth $444,571,000. BlackRock Inc. purchased a new stake in shares of PVH during the second quarter valued at $332,758,000. Bank of New York Mellon Corp acquired a new position in shares of PVH in the 2nd quarter valued at $25,665,000. Man Group plc acquired a new position in shares of PVH in the 2nd quarter valued at $14,894,000. Finally, Bank of America Corp DE acquired a new position in shares of PVH in the 2nd quarter valued at $11,330,000. 97.25% of the stock is owned by institutional investors.
PVH Price Performance
PVH opened at $86.53 on Tuesday. The stock has a fifty day moving average of $77.12 and a 200-day moving average of $76.96. The firm has a market capitalization of $3.99 billion, a P/E ratio of -23.39, a PEG ratio of 1.06 and a beta of 1.76. PVH Corp. has a 12-month low of $59.60 and a 12-month high of $100.75. The company has a quick ratio of 0.93, a current ratio of 1.65 and a debt-to-equity ratio of 0.47.
PVH (NYSE:PVH – Get Free Report) last issued 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. PVH had a positive return on equity of 11.94% and a negative net margin of 1.89%. The business had revenue of $2.10 billion during the quarter, compared to analysts’ expectations of $2.09 billion. During the same quarter last year, the firm posted $2.52 earnings per share. PVH’s revenue was down 3.2% compared to the same quarter last year. 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 forecast that PVH Corp. will post 12.06 EPS for the current fiscal year.
PVH Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, September 23rd. Shareholders of record on Wednesday, September 2nd were given a dividend of $0.0375 per share. The ex-dividend date was Wednesday, September 2nd. This represents a $0.15 dividend on an annualized basis and a yield of 0.2%. PVH’s dividend payout ratio (DPR) is presently -4.05%.
Analyst Upgrades and Downgrades
A number of equities analysts recently weighed in on PVH shares. Telsey Advisory Group reissued a “market perform” rating and issued a $79.00 price target on shares of PVH in a research note on Friday, September 4th. Needham & Company LLC reduced their price objective on shares of PVH from $102.00 to $95.00 and set a “buy” rating for the company in a research note on Thursday, September 3rd. JPMorgan Chase & Co. decreased their target price on shares of PVH from $84.00 to $83.00 and set an “underweight” rating for the company in a report on Thursday, September 3rd. Jefferies Financial Group raised their target price on shares of PVH from $91.00 to $95.00 and gave the stock a “buy” rating in a report on Wednesday, October 14th. Finally, UBS Group reissued a “buy” rating on shares of PVH in a research report on Friday, September 4th. Six research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $87.91.
Read Our Latest Stock Analysis on PVH
Insider Buying and Selling
In other PVH news, CEO Stefan Larsson bought 14,179 shares of the stock in a transaction on Friday, September 11th. The shares were bought at an average price of $70.53 per share, with a total value of $1,000,044.87. Following the purchase, the chief executive officer directly owned 349,889 shares in the company, valued at $24,677,671.17. The trade was a 4.22% increase in their position. The acquisition was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Insiders own 1.50% of the company’s stock.
PVH Company Profile
PVH Corp. (NYSE: PVH) is a global apparel company that owns and manages the Calvin Klein and Tommy Hilfiger brands. Its products include clothing, underwear, accessories, footwear, and related lifestyle merchandise sold through wholesale partners, company-operated stores, e-commerce platforms, and licensing arrangements.
The company traces its history to 1881, when Moses Phillips began selling shirts in New York. Formerly known as Phillips-Van Heusen Corporation, PVH expanded through acquisitions, including the purchase of Calvin Klein in 2003 and Tommy Hilfiger in 2010.
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