South Dakota Investment Council Has $15.69 Million Stake in PVH Corp. $PVH

South Dakota Investment Council grew its position in PVH Corp. (NYSE:PVH) by 52.3% during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 228,753 shares of the textile maker’s stock after purchasing an additional 78,554 shares during the quarter. South Dakota Investment Council’s holdings in PVH were worth $15,692,000 as of its most recent filing with the SEC.

Several other large investors also recently modified their holdings of PVH. Pzena Investment Management LLC lifted its holdings in PVH by 4.0% in the second quarter. Pzena Investment Management LLC now owns 6,407,637 shares of the textile maker’s stock valued at $439,564,000 after buying an additional 246,070 shares during the period. Allspring Global Investments Holdings LLC grew its holdings in PVH by 170.6% during the 2nd quarter. Allspring Global Investments Holdings LLC now owns 2,057,013 shares of the textile maker’s stock worth $147,262,000 after acquiring an additional 1,296,881 shares during the period. LSV Asset Management raised its position in shares of PVH by 10.7% in the 1st quarter. LSV Asset Management now owns 1,327,797 shares of the textile maker’s stock worth $85,829,000 after acquiring an additional 128,559 shares in the last quarter. American Century Companies Inc. lifted its stake in shares of PVH by 76.6% in the 1st quarter. American Century Companies Inc. now owns 803,400 shares of the textile maker’s stock valued at $51,932,000 after purchasing an additional 348,592 shares during the period. Finally, Charles Schwab Investment Management Inc. boosted its position in shares of PVH by 3.1% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 646,995 shares of the textile maker’s stock valued at $41,822,000 after purchasing an additional 19,340 shares in the last quarter. 97.25% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on PVH. Barclays lifted their target price on PVH from $83.00 to $101.00 and gave the stock an “overweight” rating in a report on Wednesday, August 27th. The Goldman Sachs Group lifted their price objective on shares of PVH from $81.00 to $91.00 and gave the company a “buy” rating in a research note on Thursday, August 28th. Bank of America boosted their target price on shares of PVH from $76.00 to $88.00 and gave the company a “neutral” rating in a research report on Wednesday, August 27th. Wall Street Zen upgraded shares of PVH from a “hold” rating to a “buy” rating in a report on Sunday, October 12th. Finally, Wells Fargo & Company lifted their price target on shares of PVH from $80.00 to $88.00 and gave the company an “equal weight” rating in a research note on Thursday, August 28th. Ten research analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $95.13.

PVH Stock Down 0.1%

PVH stock opened at $78.30 on Monday. The company has a current ratio of 1.37, a quick ratio of 0.63 and a debt-to-equity ratio of 0.46. The firm’s fifty day moving average price is $83.73 and its two-hundred day moving average price is $77.27. The firm has a market capitalization of $3.77 billion, a price-to-earnings ratio of 8.78, a price-to-earnings-growth ratio of 2.54 and a beta of 1.89. PVH Corp. has a 1-year low of $59.28 and a 1-year high of $113.47.

PVH (NYSE:PVH) last posted its earnings results on Tuesday, August 26th. The textile maker reported $2.52 earnings per share for the quarter, topping analysts’ consensus estimates of $1.97 by $0.55. PVH had a net margin of 5.34% and a return on equity of 11.90%. The company had revenue of $2.17 billion for the quarter, compared to analyst estimates of $2.11 billion. During the same quarter in the prior year, the business posted $3.01 EPS. The firm’s revenue was up 4.5% compared to the same quarter last year. PVH has set its Q3 2025 guidance at 2.350-2.50 EPS. FY 2025 guidance at 10.750-11.00 EPS. On average, equities research analysts predict that PVH Corp. will post 11.67 earnings per share for the current fiscal year.

PVH Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, December 17th. Stockholders of record on Wednesday, November 26th will be 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 is Wednesday, November 26th. PVH’s dividend payout ratio (DPR) is currently 1.68%.

About PVH

PVH Corp. operates as an apparel company in the United States and internationally. The company operates through Tommy Hilfiger North America, Tommy Hilfiger International, Calvin Klein North America, Calvin Klein International, and Heritage Brands Wholesale segments. It designs and markets men's, women's, and children's branded apparel, footwear and accessories, underwear, sleepwear, outerwear, home furnishings, luggage, dresses, suits and swimwear, activewear, sportswear, socks and accessories, outerwear, golf products, footwear, watches and jewelry, eyeglasses and non-ophthalmic sunglasses, jeans wear, performance apparel, intimate apparel, dress shirts, handbags, fragrance, small leather goods, and other related products; and men's and boy's tailored clothing products, duvets, pillows, mattress pads and toppers, and feather beds.