Hsbc Holdings PLC Has $2.93 Million Stock Holdings in PVH Corp. $PVH

Hsbc Holdings PLC increased its position in shares of PVH Corp. (NYSE:PVH) by 391.1% during the 1st quarter, Holdings Channel reports. The fund owned 42,250 shares of the textile maker’s stock after buying an additional 33,646 shares during the quarter. Hsbc Holdings PLC’s holdings in PVH were worth $2,928,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of PVH. Saxon Interests Inc. acquired a new stake in PVH in the first quarter worth $817,000. Peregrine Capital Management LLC grew its holdings in shares of PVH by 8.1% in the 1st quarter. Peregrine Capital Management LLC now owns 83,260 shares of the textile maker’s stock valued at $5,808,000 after buying an additional 6,235 shares during the period. Traub Capital Management LLC bought a new stake in shares of PVH in the 1st quarter valued at $255,000. Fort Washington Investment Advisors Inc. OH increased its position in shares of PVH by 16.4% in the 1st quarter. Fort Washington Investment Advisors Inc. OH now owns 325,018 shares of the textile maker’s stock valued at $22,673,000 after buying an additional 45,790 shares in the last quarter. Finally, Wasatch Advisors LP raised its stake in PVH by 18.8% during the 1st quarter. Wasatch Advisors LP now owns 54,692 shares of the textile maker’s stock worth $3,815,000 after buying an additional 8,640 shares during the period. Institutional investors own 97.25% of the company’s stock.

PVH Stock Up 3.3%

NYSE:PVH opened at $80.34 on Friday. The stock has a 50-day simple moving average of $80.90 and a 200 day simple moving average of $75.79. PVH Corp. has a 52-week low of $59.60 and a 52-week high of $100.75. The company has a market cap of $3.70 billion, a PE ratio of 25.42, a PEG ratio of 1.19 and a beta of 1.75. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.93 and a current ratio of 1.68.

PVH (NYSE:PVH) last released its earnings results on Wednesday, June 3rd. The textile maker reported $2.01 EPS for the quarter, beating the consensus estimate of $1.80 by $0.21. PVH had a return on equity of 10.87% and a net margin of 1.76%.The firm had revenue of $2.03 billion for the quarter, compared to analysts’ expectations of $2 billion. During the same quarter in the previous year, the business posted $2.30 EPS. The business’s quarterly revenue was up 2.1% compared to the same quarter last year. PVH has set its Q2 2026 guidance at 3.000-3.10 EPS and its FY 2026 guidance at 11.800-12.10 EPS. On average, sell-side analysts expect that PVH Corp. will post 12.03 EPS for the current fiscal year.

PVH Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, June 24th. Investors of record on Wednesday, June 3rd were issued a dividend of $0.0375 per share. The ex-dividend date was Wednesday, June 3rd. This represents a $0.15 annualized dividend and a yield of 0.2%. PVH’s dividend payout ratio is presently 4.75%.

Analysts Set New Price Targets

Several research analysts have weighed in on the company. Wall Street Zen lowered PVH from a “buy” rating to a “hold” rating in a report on Saturday, June 6th. Needham & Company LLC dropped their price target on PVH from $107.00 to $102.00 and set a “buy” rating on the stock in a research report on Thursday, June 4th. Citigroup reiterated a “buy” rating on shares of PVH in a research report on Friday, June 5th. BTIG Research reissued a “buy” rating and set a $100.00 target price on shares of PVH in a research note on Friday, June 5th. Finally, Zacks Research downgraded shares of PVH from a “strong-buy” rating to a “hold” rating in a report on Tuesday, June 23rd. Seven research analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, PVH presently has an average rating of “Hold” and a consensus price target of $85.54.

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.