PVH Corp. (NYSE:PVH) Receives Average Rating of “Hold” from Brokerages

Shares of PVH Corp. (NYSE:PVH) have been assigned a consensus rating of “Hold” from the seventeen brokerages that are covering the firm, Marketbeat Ratings reports. Nine analysts have rated the stock with a hold recommendation and eight have assigned a buy recommendation to the company. The average 12-month target price among brokerages that have issued a report on the stock in the last year is $91.60.

Several equities analysts have recently issued reports on the company. JPMorgan Chase & Co. lifted their price target on PVH from $82.00 to $83.00 and gave the company a “neutral” rating in a research report on Thursday, December 4th. Guggenheim began coverage on PVH in a research note on Tuesday, December 9th. They set a “neutral” rating for the company. Wall Street Zen cut shares of PVH from a “buy” rating to a “hold” rating in a research report on Saturday, December 13th. Wells Fargo & Company reduced their price objective on shares of PVH from $88.00 to $85.00 and set an “equal weight” rating for the company in a research report on Friday, December 5th. Finally, UBS Group reaffirmed a “buy” rating and issued a $148.00 price objective on shares of PVH in a research note on Tuesday, November 25th.

PVH Stock Up 0.0%

PVH stock opened at $69.36 on Thursday. The firm’s 50-day moving average is $67.03 and its two-hundred day moving average is $75.98. The company has a market capitalization of $3.18 billion, a price-to-earnings ratio of 10.40, a price-to-earnings-growth ratio of 2.31 and a beta of 1.72. PVH has a 52 week low of $59.28 and a 52 week high of $89.79. 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 quarterly earnings data 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 business had revenue of $2.29 billion during the quarter, compared to analysts’ expectations of $2.28 billion. During the same period last year, the firm posted $3.03 earnings per share. The business’s revenue was up 1.7% on a year-over-year basis. PVH has set its Q4 2025 guidance at 3.200-3.350 EPS and its FY 2025 guidance at 10.850-11.000 EPS. On average, analysts forecast that PVH will post 11.67 earnings per share for the current fiscal year.

PVH Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, March 25th. Shareholders of record on Wednesday, March 4th will be issued a $0.0375 dividend. The ex-dividend date of this dividend is Wednesday, March 4th. This represents a $0.15 annualized dividend and a dividend yield of 0.2%. PVH’s dividend payout ratio is currently 2.25%.

Institutional Trading of PVH

Several institutional investors and hedge funds have recently bought and sold shares of PVH. Neuberger Berman Group LLC boosted its holdings in shares of PVH by 4.7% in the fourth quarter. Neuberger Berman Group LLC now owns 3,467 shares of the textile maker’s stock worth $232,000 after buying an additional 155 shares during the period. Central Pacific Bank Trust Division lifted its position in shares of PVH by 9.6% in the 4th quarter. Central Pacific Bank Trust Division now owns 1,940 shares of the textile maker’s stock valued at $130,000 after acquiring an additional 170 shares in the last quarter. State Board of Administration of Florida Retirement System lifted its position in shares of PVH by 0.4% in the 2nd quarter. State Board of Administration of Florida Retirement System now owns 47,572 shares of the textile maker’s stock valued at $3,263,000 after acquiring an additional 180 shares in the last quarter. Smartleaf Asset Management LLC boosted its stake in PVH by 15.0% in the 4th quarter. Smartleaf Asset Management LLC now owns 1,381 shares of the textile maker’s stock worth $94,000 after purchasing an additional 180 shares during the period. Finally, Osaic Holdings Inc. grew its position in PVH by 12.4% during the 2nd quarter. Osaic Holdings Inc. now owns 1,672 shares of the textile maker’s stock worth $114,000 after purchasing an additional 184 shares in the last quarter. Institutional investors and hedge funds own 97.25% of the company’s stock.

About PVH

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.