Principal Financial Group Inc. Has $7.14 Million Stock Holdings in PVH Corp. $PVH

Principal Financial Group Inc. decreased its position in PVH Corp. (NYSE:PVH) by 81.8% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 102,346 shares of the textile maker’s stock after selling 461,283 shares during the period. Principal Financial Group Inc.’s holdings in PVH were worth $7,140,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of PVH. Danske Bank A S bought a new stake in shares of PVH during the third quarter valued at approximately $25,000. Global Retirement Partners LLC boosted its stake in PVH by 513.9% during the fourth quarter. Global Retirement Partners LLC now owns 442 shares of the textile maker’s stock worth $30,000 after buying an additional 370 shares in the last quarter. Eurizon Capital SGR S.p.A. bought a new stake in PVH in the 4th quarter valued at $36,000. Meeder Asset Management Inc. bought a new position in shares of PVH during the 4th quarter worth about $48,000. Finally, Quarry LP acquired a new stake in shares of PVH during the 3rd quarter valued at about $58,000. Institutional investors and hedge funds own 97.25% of the company’s stock.

Wall Street Analysts Forecast Growth

PVH has been the subject of several recent research reports. Weiss Ratings lowered shares of PVH from a “hold (c)” rating to a “hold (c-)” rating in a research report on Tuesday, July 14th. UBS Group lowered their price objective on PVH from $130.00 to $121.00 and set a “buy” rating on the stock in a research note on Friday, June 5th. Needham & Company LLC cut their target price on PVH from $107.00 to $102.00 and set a “buy” rating for the company in a research report on Thursday, June 4th. 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 note on Friday, June 5th. Finally, Wells Fargo & Company lowered their price target on PVH from $85.00 to $78.00 and set an “equal weight” rating on the stock in a research report on Friday, June 5th. Seven investment analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $85.54.

PVH Trading Up 4.4%

Shares of PVH stock opened at $83.95 on Tuesday. PVH Corp. has a 12-month low of $59.60 and a 12-month high of $100.75. The company has a market capitalization of $3.87 billion, a P/E ratio of 26.57, a P/E/G ratio of 1.19 and a beta of 1.75. The firm has a 50-day moving average price of $80.97 and a 200 day moving average price of $75.94. The company has a quick ratio of 0.93, a current ratio of 1.68 and a debt-to-equity ratio of 0.46.

PVH (NYSE:PVH) last issued its quarterly earnings data on Wednesday, June 3rd. The textile maker reported $2.01 earnings per share for the quarter, topping the consensus estimate of $1.80 by $0.21. PVH had a net margin of 1.76% and a return on equity of 10.87%. The firm had revenue of $2.03 billion for the quarter, compared to analysts’ expectations of $2 billion. During the same period in the prior year, the firm earned $2.30 earnings per share. The company’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. Research analysts forecast that PVH Corp. will post 12.03 earnings per share for the current fiscal year.

PVH Dividend Announcement

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

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.