Voya Investment Management LLC Sells 11,840 Shares of PVH Corp. $PVH

Voya Investment Management LLC trimmed its position in PVH Corp. (NYSE:PVH) by 18.8% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 51,121 shares of the textile maker’s stock after selling 11,840 shares during the period. Voya Investment Management LLC’s holdings in PVH were worth $4,282,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also made changes to their positions in PVH. Oak Thistle LLC acquired a new stake in shares of PVH in the 3rd quarter worth $822,000. Texas Permanent School Fund Corp raised its stake in PVH by 124.6% in the second quarter. Texas Permanent School Fund Corp now owns 120,303 shares of the textile maker’s stock valued at $8,253,000 after buying an additional 66,741 shares during the last quarter. Osaic Holdings Inc. boosted its holdings in PVH by 12.4% in the second quarter. Osaic Holdings Inc. now owns 1,672 shares of the textile maker’s stock worth $114,000 after acquiring an additional 184 shares in the last quarter. Neuberger Berman Group LLC purchased a new stake in shares of PVH during the second quarter worth about $249,000. Finally, Geneos Wealth Management Inc. grew its stake in shares of PVH by 183.0% during the second quarter. Geneos Wealth Management Inc. now owns 1,081 shares of the textile maker’s stock worth $74,000 after acquiring an additional 699 shares during the last quarter. 97.25% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on the stock. UBS Group reiterated a “buy” rating and issued a $148.00 target price on shares of PVH in a research note on Tuesday, November 25th. BTIG Research reaffirmed a “buy” rating and issued a $100.00 price target on shares of PVH in a report on Friday, December 5th. Jefferies Financial Group reissued a “buy” rating on shares of PVH in a report on Thursday, October 23rd. Guggenheim began coverage on PVH in a research note on Tuesday, December 9th. They issued a “neutral” rating for the company. Finally, The Goldman Sachs Group lifted their price target on PVH from $81.00 to $91.00 and gave the stock a “buy” rating in a research report on Thursday, August 28th. Nine research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $92.80.

PVH Trading Down 0.2%

PVH stock opened at $67.93 on Friday. The firm has a market cap of $3.11 billion, a PE ratio of 10.18, a P/E/G ratio of 2.45 and a beta of 1.74. PVH Corp. has a 12 month low of $59.28 and a 12 month high of $109.88. The stock’s 50 day simple moving average is $77.89 and its two-hundred day simple moving average is $77.11. The company has a current ratio of 1.47, a quick ratio of 0.72 and a debt-to-equity ratio of 0.46.

PVH (NYSE:PVH) last posted its earnings results on Wednesday, December 3rd. The textile maker reported $2.83 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.56 by $0.27. PVH had a net margin of 3.87% and a return on equity of 11.44%. The firm had revenue of $2.29 billion during the quarter, compared to analysts’ expectations of $2.28 billion. During the same period in the previous year, the business posted $3.03 EPS. The business’s revenue was up 1.7% compared to the same quarter last year. PVH has set its Q4 2025 guidance at 3.200-3.350 EPS and its FY 2025 guidance at 10.850-11.000 EPS. Analysts anticipate that PVH Corp. will post 11.67 earnings per share for the current year.

PVH Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, December 17th. Investors of record on Wednesday, November 26th were issued a $0.0375 dividend. The ex-dividend date of this dividend was Wednesday, November 26th. This represents a $0.15 dividend on an annualized basis and a yield of 0.2%. PVH’s dividend payout ratio is presently 2.25%.

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.