PVH (NYSE:PVH) Cut to Hold at Wall Street Zen

Wall Street Zen cut shares of PVH (NYSE:PVH) from a buy rating to a hold rating in a report published on Saturday morning.

Several other equities research analysts have also recently issued reports on the company. Wells Fargo & Company cut their price target on PVH from $88.00 to $85.00 and set an “equal weight” rating for the company in a research note on Friday, December 5th. Morgan Stanley lifted their price objective on PVH from $64.00 to $70.00 and gave the company an “equal weight” rating in a report on Thursday, August 28th. Barclays upped their target price on PVH from $83.00 to $101.00 and gave the company an “overweight” rating in a research report on Wednesday, August 27th. The Goldman Sachs Group raised their price target on PVH from $81.00 to $91.00 and gave the stock a “buy” rating in a research report on Thursday, August 28th. Finally, Bank of America upped 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. Nine research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $92.80.

PVH Stock Performance

NYSE:PVH opened at $74.47 on Friday. The stock has a 50 day simple moving average of $79.75 and a 200 day simple moving average of $77.51. The stock has a market cap of $3.41 billion, a P/E ratio of 11.17, a PEG ratio of 2.67 and a beta of 1.74. PVH has a 1-year low of $59.28 and a 1-year high of $111.71. The company has a current ratio of 1.47, a quick ratio of 0.72 and a debt-to-equity ratio of 0.46.

PVH (NYSE:PVH) last issued its quarterly earnings data on Wednesday, December 3rd. The textile maker reported $2.83 earnings per share for the quarter, topping the consensus estimate of $2.56 by $0.27. The business had revenue of $2.29 billion during the quarter, compared to analysts’ expectations of $2.28 billion. PVH had a net margin of 3.87% and a return on equity of 11.44%. The business’s revenue was up 1.7% on a year-over-year basis. During the same quarter in the previous year, the company earned $3.03 EPS. PVH has set its Q4 2025 guidance at 3.200-3.350 EPS and its FY 2025 guidance at 10.850-11.000 EPS. Research analysts anticipate that PVH will post 11.67 earnings per share for the current year.

PVH Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, December 17th. Shareholders of record on Wednesday, November 26th will be given a $0.0375 dividend. The ex-dividend date is Wednesday, November 26th. This represents a $0.15 annualized dividend and a yield of 0.2%. PVH’s dividend payout ratio (DPR) is currently 2.25%.

Hedge Funds Weigh In On PVH

Several institutional investors and hedge funds have recently added to or reduced their stakes in PVH. Danske Bank A S bought a new stake in shares of PVH in the third quarter worth $25,000. Saranac Partners Ltd bought a new stake in shares of PVH in the 3rd quarter valued at about $30,000. BNP PARIBAS ASSET MANAGEMENT Holding S.A. acquired a new stake in shares of PVH in the second quarter valued at about $38,000. UMB Bank n.a. raised its position in shares of 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 acquiring an additional 240 shares during the last quarter. Finally, Hantz Financial Services Inc. boosted its holdings in PVH by 1,284.4% in the second quarter. Hantz Financial Services Inc. now owns 623 shares of the textile maker’s stock valued at $43,000 after acquiring an additional 578 shares during the last quarter. 97.25% of the stock is currently owned by institutional investors and hedge funds.

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.