PVH Corp. $PVH Shares Sold by Pzena Investment Management LLC

Pzena Investment Management LLC trimmed its holdings in shares of PVH Corp. (NYSE:PVH) by 2.6% during the third quarter, HoldingsChannel reports. The firm owned 5,829,334 shares of the textile maker’s stock after selling 157,343 shares during the quarter. PVH accounts for about 1.3% of Pzena Investment Management LLC’s investment portfolio, making the stock its 26th biggest holding. Pzena Investment Management LLC owned approximately 0.13% of PVH worth $431,662,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Global Retirement Partners LLC purchased a new stake in PVH during the second quarter worth about $26,000. Reyes Financial Architecture Inc. bought a new stake in PVH in the third quarter worth about $27,000. Elevation Wealth Partners LLC boosted its stake in PVH by 2,526.7% in the third quarter. Elevation Wealth Partners LLC now owns 394 shares of the textile maker’s stock valued at $29,000 after acquiring an additional 379 shares during the last quarter. Mather Group LLC. grew its position in shares of PVH by 50.2% during the 3rd quarter. Mather Group LLC. now owns 431 shares of the textile maker’s stock valued at $32,000 after acquiring an additional 144 shares during the period. Finally, Allworth Financial LP purchased a new stake in PVH in the second quarter worth $41,000. 97.25% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on PVH. Telsey Advisory Group reissued a “market perform” rating and issued a $79.00 price target on shares of PVH in a research report on Friday, September 4th. Zacks Research raised PVH from a “strong sell” rating to a “hold” rating in a research note on Wednesday, September 2nd. UBS Group reissued a “buy” rating on shares of PVH in a research note on Friday, September 4th. Jefferies Financial Group increased their price objective on PVH from $91.00 to $95.00 and gave the company a “buy” rating in a research report on Wednesday, October 14th. Finally, JPMorgan Chase & Co. cut their price objective on shares of PVH from $84.00 to $83.00 and set an “underweight” rating for the company in a research note on Thursday, September 3rd. Six analysts have rated the stock with a Buy rating, five have given a Hold rating and three have given a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $87.91.

Insider Buying and Selling

In related news, CEO Stefan Larsson bought 14,179 shares of the business’s stock in a transaction on Friday, September 11th. The stock was acquired at an average price of $70.53 per share, with a total value of $1,000,044.87. Following the transaction, 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 position. The purchase was disclosed in a filing with the SEC, which is accessible through this link. Company insiders own 1.50% of the company’s stock.

PVH Price Performance

PVH opened at $97.14 on Thursday. The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.93 and a current ratio of 1.65. The stock has a market capitalization of $4.48 billion, a P/E ratio of -26.25, a P/E/G ratio of 1.14 and a beta of 1.74. The company’s 50-day simple moving average is $78.89 and its two-hundred day simple moving average is $77.80. PVH Corp. has a 52-week low of $59.60 and a 52-week high of $100.75.

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

PVH Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, December 16th. Investors of record on Wednesday, November 25th will be issued a $0.0375 dividend. The ex-dividend date is Wednesday, November 25th. This represents a $0.15 annualized dividend and a yield of 0.2%. PVH’s dividend payout ratio (DPR) is currently -4.05%.

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.