PVH’s (PVH) “Buy” Rating Reiterated at Needham & Company LLC

Needham & Company LLC reissued their buy rating on shares of PVH (NYSE:PVH) in a research note released on Thursday morning, MarketBeat Ratings reports. The brokerage currently has a $100.00 price objective on the textile maker’s stock.

Several other analysts also recently commented on the stock. Bank of America raised their price objective on shares of PVH from $76.00 to $88.00 and gave the stock a “neutral” rating in a research report on Wednesday, August 27th. The Goldman Sachs Group increased their target price on shares of PVH from $81.00 to $91.00 and gave the stock a “buy” rating in a research note on Thursday, August 28th. BTIG Research began coverage on shares of PVH in a research note on Tuesday, October 14th. They issued a “buy” rating and a $100.00 price target for the company. Weiss Ratings reiterated a “hold (c)” rating on shares of PVH in a report on Wednesday, October 8th. Finally, Barclays increased their price objective on shares of PVH from $83.00 to $101.00 and gave the stock an “overweight” rating in a research report on Wednesday, August 27th. Nine analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company. According to data from MarketBeat.com, PVH presently has an average rating of “Moderate Buy” and an average price target of $92.00.

PVH Stock Performance

PVH stock opened at $78.43 on Thursday. The firm has a market cap of $3.77 billion, a PE ratio of 11.76, a price-to-earnings-growth ratio of 2.45 and a beta of 1.74. The company has a current ratio of 1.47, a quick ratio of 0.63 and a debt-to-equity ratio of 0.46. The stock has a 50-day moving average price of $80.79 and a 200-day moving average price of $77.91. PVH has a 1-year low of $59.28 and a 1-year high of $111.96.

PVH (NYSE:PVH) last announced its earnings results on Wednesday, December 3rd. The textile maker reported $2.83 EPS for the quarter, beating the consensus estimate of $2.56 by $0.27. PVH had a return on equity of 11.44% and a net margin of 3.87%.The company had revenue of $2.29 billion for the quarter, compared to analyst estimates of $2.28 billion. During the same quarter in the prior year, the company earned $3.03 EPS. The firm’s revenue for the quarter was up 1.7% compared to the same quarter last year. PVH has set its Q4 2025 guidance at 3.200-3.350 EPS and its FY 2025 guidance at 10.850-11.000 EPS. As a group, equities research analysts expect that PVH will post 11.67 earnings per share for the current year.

PVH Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, December 17th. Stockholders of record on Wednesday, November 26th will be given a dividend of $0.0375 per share. The ex-dividend date of this dividend is Wednesday, November 26th. This represents a $0.15 annualized dividend and a dividend yield of 0.2%. PVH’s payout ratio is presently 1.68%.

Hedge Funds Weigh In On PVH

A number of hedge funds have recently added to or reduced their stakes in PVH. Danske Bank A S bought a new stake in PVH during the 3rd quarter worth approximately $25,000. Saranac Partners Ltd bought a new position in shares of PVH in the third quarter valued at approximately $30,000. BNP PARIBAS ASSET MANAGEMENT Holding S.A. purchased a new position in shares of PVH during the second quarter valued at approximately $38,000. UMB Bank n.a. grew its holdings in PVH by 63.3% during the second quarter. UMB Bank n.a. now owns 619 shares of the textile maker’s stock worth $42,000 after buying an additional 240 shares in the last quarter. Finally, Hantz Financial Services Inc. grew its holdings in PVH by 1,284.4% during the second quarter. Hantz Financial Services Inc. now owns 623 shares of the textile maker’s stock worth $43,000 after buying an additional 578 shares in the last quarter. Institutional investors and hedge funds own 97.25% of the company’s stock.

PVH Company Profile

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.