PVH Corp. (NYSE:PVH) Shareholders Set to Receive $0.04 Quarterly Dividend

PVH Corp. (NYSE:PVH – Get Free Report) announced a quarterly dividend on Wednesday, October 28th. Stockholders of record on Wednesday, November 25th will be given a dividend of $0.0375 per share by the textile maker on Wednesday, December 16th. This represents a $0.15 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date of this dividend is Wednesday, November 25th.

PVH has increased its dividend payment by an average of 0.3% annually over the last three years. PVH has a payout ratio of 1.1% meaning its dividend is sufficiently covered by earnings. Analysts expect PVH to earn $12.57 per share next year, which means the company should continue to be able to cover its $0.15 annual dividend with an expected future payout ratio of 1.2%.

PVH Price Performance

NYSE:PVH traded up $2.72 during trading hours on Thursday, reaching $87.97. 274,636 shares of the company were exchanged, compared to its average volume of 1,039,294. The firm has a market cap of $4.06 billion, a PE ratio of -23.75, a price-to-earnings-growth ratio of 1.06 and a beta of 1.76. The stock’s 50-day moving average is $77.40 and its 200-day moving average is $77.15. PVH has a twelve month low of $59.60 and a twelve month high of $100.75. The company has a current ratio of 1.65, a quick ratio of 0.93 and a debt-to-equity ratio of 0.47.

PVH (NYSE:PVH – Get Free Report) last posted its quarterly earnings results on Wednesday, September 2nd. The textile maker reported $3.70 earnings per share for the quarter, topping the consensus estimate of $3.08 by $0.62. PVH had a negative net margin of 1.89% and a positive return on equity of 11.94%. The firm had revenue of $2.10 billion for the quarter, compared to the consensus estimate of $2.09 billion. During the same period last year, the firm posted $2.52 earnings per share. The company’s revenue for the quarter was down 3.2% on a year-over-year basis. PVH has set its Q3 2026 guidance at 2.500-2.650 EPS and its FY 2026 guidance at 11.800-12.100 EPS. On average, sell-side analysts anticipate that PVH will post 12.06 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, CEO Stefan Larsson acquired 14,179 shares of the stock in a transaction dated Friday, September 11th. The stock was bought at an average cost of $70.53 per share, with a total value of $1,000,044.87. Following the purchase, the chief executive officer directly owned 349,889 shares of the company’s stock, valued at approximately $24,677,671.17. This represents a 4.22% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 1.50% of the stock is currently owned by corporate insiders.

Institutional Trading of PVH

Large investors have recently added to or reduced their stakes in the stock. Pzena Investment Management LLC purchased a new stake in shares of PVH during the second quarter valued at approximately $444,571,000. BlackRock Inc. bought a new stake in PVH in the second quarter valued at $332,758,000. Allspring Global Investments Holdings LLC grew its holdings in PVH by 2.0% in the 1st quarter. Allspring Global Investments Holdings LLC now owns 2,262,489 shares of the textile maker’s stock worth $173,216,000 after buying an additional 44,346 shares in the last quarter. Bank of New York Mellon Corp bought a new stake in shares of PVH during the 2nd quarter worth about $25,665,000. Finally, Sei Investments Co. boosted its stake in PVH by 6.7% during the first quarter. Sei Investments Co. now owns 322,712 shares of the textile maker’s stock valued at $22,515,000 after buying an additional 20,328 shares in the last quarter. 97.25% of the stock is currently owned by institutional investors and hedge funds.

PVH Company Profile

(Get Free Report)

PVH Corp. (NYSE: PVH) is a global apparel company that owns and manages the Calvin Klein and Tommy Hilfiger brands. Its products include clothing, underwear, accessories, footwear, and related lifestyle merchandise sold through wholesale partners, company-operated stores, e-commerce platforms, and licensing arrangements.

The company traces its history to 1881, when Moses Phillips began selling shirts in New York. Formerly known as Phillips-Van Heusen Corporation, PVH expanded through acquisitions, including the purchase of Calvin Klein in 2003 and Tommy Hilfiger in 2010.

Further Reading

Dividend History for PVH (NYSE:PVH)

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