PVH (NYSE:PVH) Downgraded to Hold Rating by Zacks Research

Zacks Research downgraded shares of PVH (NYSE:PVH) from a strong-buy rating to a hold rating in a research report report published on Tuesday morning,Zacks.com reports.

Several other equities analysts have also recently issued reports on the stock. Citigroup reiterated a “buy” rating on shares of PVH in a research note on Friday, June 5th. The Goldman Sachs Group cut their price objective on shares of PVH from $93.00 to $87.00 and set a “buy” rating for the company in a report on Friday, June 5th. Bank of America lowered their target price on shares of PVH from $103.00 to $90.00 and set a “neutral” rating on the stock in a research note on Friday, June 5th. JPMorgan Chase & Co. dropped their target price on PVH from $79.00 to $70.00 and set a “neutral” rating on the stock in a research report on Thursday, June 4th. Finally, Needham & Company LLC cut their price target on PVH from $107.00 to $102.00 and set a “buy” rating for the company in a research note on Thursday, June 4th. Seven investment analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $86.14.

PVH Stock Down 1.1%

Shares of PVH stock opened at $72.61 on Tuesday. The stock has a 50 day moving average of $86.48 and a 200 day moving average of $74.95. The company has a current ratio of 1.68, a quick ratio of 0.93 and a debt-to-equity ratio of 0.46. The stock has a market cap of $3.35 billion, a P/E ratio of 22.98, a P/E/G ratio of 0.98 and a beta of 1.71. PVH has a twelve month low of $59.60 and a twelve month high of $100.75.

PVH (NYSE:PVH) last released its quarterly earnings data on Wednesday, June 3rd. The textile maker reported $2.01 EPS for the quarter, topping the consensus estimate of $1.80 by $0.21. The business had revenue of $2.03 billion for the quarter, compared to analyst estimates of $2 billion. PVH had a return on equity of 10.87% and a net margin of 1.76%.The business’s quarterly revenue was up 2.1% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $2.30 EPS. PVH has set its Q2 2026 guidance at 3.000-3.10 EPS and its FY 2026 guidance at 11.800-12.10 EPS. As a group, sell-side analysts expect that PVH will post 12.06 EPS for the current year.

PVH Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, June 24th. Shareholders of record on Wednesday, June 3rd were paid a dividend of $0.0375 per share. This represents a $0.15 annualized dividend and a yield of 0.2%. The ex-dividend date was Wednesday, June 3rd. PVH’s payout ratio is 4.75%.

Institutional Trading of PVH

Several large investors have recently made changes to their positions in the company. Dimensional Fund Advisors LP lifted its holdings in PVH by 1.8% in 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 in the last quarter. Allspring Global Investments Holdings LLC raised its position in shares of PVH by 2.0% in the first quarter. Allspring Global Investments Holdings LLC now owns 2,262,489 shares of the textile maker’s stock valued at $173,216,000 after buying an additional 44,346 shares during the last quarter. LSV Asset Management raised its position in shares of PVH by 8.4% in the fourth quarter. LSV Asset Management now owns 2,127,646 shares of the textile maker’s stock valued at $142,595,000 after buying an additional 164,343 shares during the last quarter. American Century Companies Inc. lifted its stake in shares of PVH by 19.9% in the third quarter. American Century Companies Inc. now owns 1,270,040 shares of the textile maker’s stock worth $106,391,000 after buying an additional 210,885 shares in the last quarter. Finally, Barclays PLC lifted its stake in shares of PVH by 68.4% in the third quarter. Barclays PLC now owns 1,197,009 shares of the textile maker’s stock worth $100,273,000 after buying an additional 486,210 shares in the last quarter. 97.25% of the stock is currently owned by hedge funds and other institutional investors.

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.