Key Points
- CEO Stefan Larsson bought 14,179 PVH shares at an average price of $70.53, investing approximately $1.0 million and increasing his ownership by 4.22% to 349,889 shares.
- PVH exceeded quarterly earnings expectations, reporting $3.70 in EPS versus the $3.08 consensus and $2.10 billion in revenue, though revenue declined 3.2% year over year.
- Analyst sentiment remains mixed, with an overall “Hold” rating and a consensus price target of $86.55; institutional investors own approximately 97.25% of the company.
PVH Corp. (NYSE:PVH - Get Free Report) CEO Stefan Larsson acquired 14,179 shares of the company's stock in a transaction on Friday, September 11th. The shares were acquired at an average cost of $70.53 per share, for a total transaction of $1,000,044.87. Following the completion of the acquisition, the chief executive officer owned 349,889 shares of the company's stock, valued at approximately $24,677,671.17. The trade was a 4.22% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.
PVH Price Performance
PVH opened at $70.58 on Friday. The company has a market capitalization of $3.26 billion, a price-to-earnings ratio of -19.08, a PEG ratio of 0.87 and a beta of 1.72. The company has a quick ratio of 0.93, a current ratio of 1.65 and a debt-to-equity ratio of 0.47. The firm has a 50-day moving average price of $79.06 and a 200-day moving average price of $79.15. PVH Corp. has a twelve month low of $59.60 and a twelve month high of $100.75.
PVH (NYSE:PVH - Get Free Report) last announced its quarterly earnings results on Wednesday, September 2nd. The textile maker reported $3.70 EPS for the quarter, beating analysts' consensus estimates of $3.08 by $0.62. The company had revenue of $2.10 billion for the quarter, compared to analysts' expectations of $2.09 billion. PVH had a negative net margin of 1.89% and a positive return on equity of 11.94%. PVH's revenue was down 3.2% compared to the same quarter last year. During the same period in the prior year, the company posted $2.52 EPS. 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 expect 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, 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 dividend yield of 0.2%. PVH's dividend payout ratio is currently -4.05%.
Analysts Set New Price Targets
Several equities analysts have recently weighed in on the company. Weiss Ratings upgraded PVH from a "hold (c-)" rating to a "hold (c)" rating in a research report on Tuesday, September 1st. Needham & Company LLC dropped their price objective on PVH from $102.00 to $95.00 and set a "buy" rating on the stock in a report on Thursday, September 3rd. Zacks Research upgraded PVH from a "strong sell" rating to a "hold" rating in a research note on Wednesday, September 2nd. Wall Street Zen lowered PVH from a "buy" rating to a "hold" rating in a report on Saturday, June 6th. Finally, The Goldman Sachs Group decreased their price target on PVH from $93.00 to $87.00 and set a "buy" rating on the stock in a research report on Friday, June 5th. Six equities research analysts have rated the stock with a Buy rating, six have issued a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of "Hold" and a consensus price target of $86.55.
Get Our Latest Analysis on PVH
Institutional Inflows and Outflows
A number of hedge funds have recently made changes to their positions in the company. Empowered Funds LLC bought a new stake in PVH during the second quarter valued at $4,419,000. Legal & General Group Plc bought a new position in PVH in the 2nd quarter worth about $6,262,000. Jupiter Topco LLC bought a new position in PVH in the 2nd quarter worth about $1,580,000. Corient Private Wealth LP purchased a new stake in shares of PVH in the 2nd quarter valued at about $4,892,000. Finally, Fifth Third Bancorp raised its holdings in shares of PVH by 5,248.4% in the 1st quarter. Fifth Third Bancorp now owns 30,165 shares of the textile maker's stock valued at $2,104,000 after acquiring an additional 29,601 shares in the last quarter. 97.25% of the stock is currently owned by hedge funds and other institutional investors.
About PVH
(
Get Free Report)
PVH Corp. (NYSE: PVH) is a global apparel company that owns and operates internationally recognized fashion brands. Its principal brands are Calvin Klein and Tommy Hilfiger, which offer clothing, accessories, footwear, underwear, and related lifestyle products across a range of consumer categories.
The company sells its products through wholesale customers, company-operated and franchised stores, e-commerce platforms, and licensing arrangements. PVH serves customers in North America, Europe, the Asia-Pacific region, and other international markets through its retail, digital, and distribution networks.
PVH traces its origins to 1881 and has expanded through brand development and acquisitions, including its acquisition of Tommy Hilfiger and the Calvin Klein business.
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