PVH (NYSE:PVH) Price Target Raised to $95.00

PVH (NYSE:PVH) had its price target boosted by analysts at Jefferies Financial Group from $91.00 to $95.00 in a report released on Wednesday, Benzinga reports. The brokerage presently has a “buy” rating on the textile maker’s stock. Jefferies Financial Group’s price objective indicates a potential upside of 16.49% from the stock’s current price.

PVH has been the topic of a number of other research reports. Needham & Company LLC dropped their price objective on PVH from $102.00 to $95.00 and set a “buy” rating on the stock in a report on Thursday, September 3rd. Zacks Research upgraded shares of PVH from a “strong sell” rating to a “hold” rating in a research note on Wednesday, September 2nd. Bank of America reissued an “underperform” rating and issued a $70.00 target price (down from $90.00) on shares of PVH in a research report on Thursday, June 25th. Weiss Ratings lowered shares of PVH from a “hold (c)” rating to a “sell (d)” rating in a research note on Monday, September 14th. Finally, Telsey Advisory Group restated a “market perform” rating and set a $79.00 price target on shares of PVH in a research note on Friday, September 4th. Six research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat, PVH presently has an average rating of “Hold” and a consensus price target of $87.91.

PVH Stock Down 1.4%

Shares of NYSE:PVH traded down $1.20 during midday trading on Wednesday, hitting $81.56. 837,789 shares of the stock were exchanged, compared to its average volume of 1,055,372. The company has a market capitalization of $3.76 billion, a PE ratio of -22.04, a P/E/G ratio of 1.02 and a beta of 1.76. PVH has a 52-week low of $59.60 and a 52-week high of $100.75. The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.93 and a current ratio of 1.65. The business’s fifty day simple moving average is $76.91 and its two-hundred day simple moving average is $80.94.

PVH (NYSE:PVH) last issued its earnings results on Wednesday, September 2nd. The textile maker reported $3.70 EPS for the quarter, beating analysts’ consensus estimates of $3.08 by $0.62. PVH had a positive return on equity of 11.94% and a negative net margin of 1.89%. The firm had revenue of $2.10 billion for the quarter, compared to the consensus estimate of $2.09 billion. During the same quarter in the previous year, the company posted $2.52 earnings per share. The business’s quarterly revenue was down 3.2% compared to the same quarter last year. PVH has set its Q3 2026 guidance at 2.500-2.650 EPS and its FY 2026 guidance at 11.800-12.100 EPS. As a group, research analysts predict that PVH will post 12.06 earnings per share for the current fiscal year.

Insider Buying and Selling

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

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of PVH. Pzena Investment Management LLC bought a new position in shares of PVH in the second quarter worth about $444,571,000. BlackRock Inc. bought a new stake in PVH during the 2nd quarter valued at approximately $332,758,000. Allspring Global Investments Holdings LLC boosted its stake in PVH by 2.0% during 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 during the period. Invenomic Capital Management LP boosted its stake in PVH by 32.3% during the 4th quarter. Invenomic Capital Management LP now owns 652,967 shares of the textile maker’s stock valued at $43,762,000 after purchasing an additional 159,532 shares during the period. Finally, Bank of New York Mellon Corp acquired a new stake in PVH in the 2nd quarter valued at approximately $25,665,000. 97.25% of the stock is currently owned by institutional investors and hedge funds.

About PVH

PVH Corp. (NYSE: PVH) is a global apparel company that owns and operates the Calvin Klein and Tommy Hilfiger brands. Its products include clothing, accessories, footwear, underwear, and related lifestyle merchandise for women, men, and children.

The company sells its products through company-operated stores, e-commerce platforms, wholesale partners, and licensing arrangements. Calvin Klein and Tommy Hilfiger merchandise is distributed across North America, Europe, Asia-Pacific, and other international markets.

PVH traces its history to 1881 and has expanded through brand development and acquisitions, including its acquisition of Tommy Hilfiger in 2010.