Empowered Funds LLC Invests $4.42 Million in PVH Corp. $PVH

Empowered Funds LLC purchased a new position in PVH Corp. (NYSE:PVH) during the 2nd quarter, Holdings Channel.com reports. The firm purchased 59,504 shares of the textile maker’s stock, valued at approximately $4,419,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Principal Financial Group Inc. increased its holdings in shares of PVH by 2.2% during the fourth quarter. Principal Financial Group Inc. now owns 563,629 shares of the textile maker’s stock valued at $37,774,000 after acquiring an additional 12,279 shares in the last quarter. Fifth Third Bancorp raised its position 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 worth $2,104,000 after purchasing an additional 29,601 shares during the last quarter. BlackRock Inc. bought a new position in PVH in the 2nd quarter worth about $332,758,000. Hsbc Holdings PLC boosted its stake in PVH by 391.1% in the 1st quarter. Hsbc Holdings PLC now owns 42,250 shares of the textile maker’s stock worth $2,928,000 after purchasing an additional 33,646 shares in the last quarter. Finally, First Trust Advisors LP grew its position in PVH by 25.0% during the 1st quarter. First Trust Advisors LP now owns 132,823 shares of the textile maker’s stock valued at $9,266,000 after purchasing an additional 26,569 shares during the last quarter. Institutional investors own 97.25% of the company’s stock.

PVH Stock Performance

Shares of NYSE PVH opened at $73.93 on Tuesday. The firm’s 50-day moving average price is $79.48 and its 200-day moving average price is $79.07. The company has a quick ratio of 0.93, a current ratio of 1.68 and a debt-to-equity ratio of 0.46. The company has a market cap of $3.41 billion, a PE ratio of 23.40, a PEG ratio of 1.12 and a beta of 1.74. PVH Corp. has a 52-week low of $59.60 and a 52-week high of $100.75.

PVH (NYSE:PVH) last released its quarterly earnings data on Wednesday, June 3rd. The textile maker reported $2.01 earnings per share for the quarter, beating the consensus estimate of $1.80 by $0.21. The firm had revenue of $2.03 billion during the quarter, compared to analysts’ expectations of $2 billion. PVH had a net margin of 1.76% and a return on equity of 10.87%. The firm’s quarterly revenue was up 2.1% on a year-over-year basis. During the same period in the previous year, the company earned $2.30 earnings per share. PVH has set its Q2 2026 guidance at 3.000-3.10 EPS and its FY 2026 guidance at 11.800-12.10 EPS. As a group, analysts anticipate that PVH Corp. will post 12.01 EPS for the current year.

PVH Announces Dividend

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 paid a dividend of $0.0375 per share. The ex-dividend date is Wednesday, September 2nd. This represents a $0.15 dividend on an annualized basis and a yield of 0.2%. PVH’s payout ratio is currently 4.75%.

Analyst Ratings Changes

PVH has been the subject of a number of analyst reports. JPMorgan Chase & Co. restated an “underweight” rating and set a $84.00 price objective (up from $70.00) on shares of PVH in a research note on Tuesday, August 4th. Citigroup reiterated a “buy” rating on shares of PVH in a research note on Friday, June 5th. Bank of America reissued an “underperform” rating and set a $70.00 price target (down from $90.00) on shares of PVH in a research report on Thursday, June 25th. Weiss Ratings lowered shares of PVH from a “hold (c)” rating to a “hold (c-)” rating in a report on Tuesday, July 14th. Finally, 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 report on Friday, June 5th. Six investment analysts have rated the stock with a Buy rating, five have assigned a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $86.82.

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.