Canada Pension Plan Investment Board Invests $988,000 in PVH Corp. $PVH

Canada Pension Plan Investment Board purchased a new stake in shares of PVH Corp. (NYSE:PVH) during the 2nd quarter, HoldingsChannel.com reports. The fund purchased 13,300 shares of the textile maker’s stock, valued at approximately $988,000.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. Pzena Investment Management LLC purchased a new stake in PVH in the second quarter worth about $444,571,000. BlackRock Inc. purchased a new position in PVH during the 2nd quarter valued at about $332,758,000. Dimensional Fund Advisors LP increased its position in PVH by 1.8% during the 4th quarter. Dimensional Fund Advisors LP now owns 3,055,544 shares of the textile maker’s stock valued at $204,786,000 after purchasing an additional 54,635 shares during the period. Allspring Global Investments Holdings LLC raised its holdings in shares of 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 valued at $173,216,000 after purchasing an additional 44,346 shares in the last quarter. Finally, LSV Asset Management raised its holdings in shares of PVH by 8.4% in the 4th quarter. LSV Asset Management now owns 2,127,646 shares of the textile maker’s stock valued at $142,595,000 after purchasing an additional 164,343 shares in the last quarter. 97.25% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research firms have recently issued reports on PVH. Wall Street Zen downgraded shares of PVH from a “buy” rating to a “hold” rating in a research note on Saturday, June 6th. Bank of America reissued an “underperform” rating and set a $70.00 price objective (down from $90.00) on shares of PVH in a report on Thursday, June 25th. Evercore set a $79.00 price objective on shares of PVH and gave the stock an “in-line” rating in a research note on Thursday, June 4th. The Goldman Sachs Group lowered their target price on PVH from $93.00 to $87.00 and set a “buy” rating for the company in a report on Friday, June 5th. Finally, JPMorgan Chase & Co. reiterated an “underweight” rating and issued a $84.00 price target (up from $70.00) on shares of PVH in a report on Tuesday, August 4th. Six investment analysts have rated the stock with a Buy rating, five have issued a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $86.82.

PVH Stock Performance

PVH stock opened at $73.93 on Tuesday. The firm has a market cap of $3.41 billion, a price-to-earnings ratio of 23.40, a PEG ratio of 1.12 and a beta of 1.74. The firm has a 50-day simple moving average of $79.48 and a two-hundred day simple moving average of $79.07. PVH Corp. has a one year low of $59.60 and a one year high of $100.75. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.93 and a current ratio of 1.68.

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

PVH Announces Dividend

The company 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 $0.0375 dividend. This represents a $0.15 annualized dividend and a yield of 0.2%. The ex-dividend date is Wednesday, September 2nd. PVH’s dividend payout ratio (DPR) is 4.75%.

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.