PVH Corp. $PVH Shares Sold by SummitTX Capital L.P.

SummitTX Capital L.P. lessened its holdings in PVH Corp. (NYSE:PVH) by 50.5% during the first quarter, HoldingsChannel.com reports. The fund owned 18,305 shares of the textile maker’s stock after selling 18,663 shares during the quarter. SummitTX Capital L.P.’s holdings in PVH were worth $1,277,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Danske Bank A S purchased a new stake in PVH during the 3rd quarter worth $25,000. Global Retirement Partners LLC raised its position in PVH by 513.9% in the fourth quarter. Global Retirement Partners LLC now owns 442 shares of the textile maker’s stock valued at $30,000 after purchasing an additional 370 shares during the period. Eurizon Capital SGR S.p.A. purchased a new position in PVH in the fourth quarter valued at about $36,000. Quarry LP acquired a new position in shares of PVH during the third quarter worth about $58,000. Finally, Larson Financial Group LLC lifted its stake in shares of PVH by 70,300.0% during the third quarter. Larson Financial Group LLC now owns 704 shares of the textile maker’s stock worth $59,000 after purchasing an additional 703 shares in the last quarter. Institutional investors and hedge funds own 97.25% of the company’s stock.

PVH Stock Performance

NYSE:PVH opened at $88.40 on Thursday. The firm has a 50-day moving average of $81.20 and a two-hundred day moving average of $76.23. The company has a debt-to-equity ratio of 0.46, a current ratio of 1.68 and a quick ratio of 0.93. The stock has a market cap of $4.08 billion, a P/E ratio of 27.97, a PEG ratio of 1.28 and a beta of 1.75. PVH Corp. has a 1-year low of $59.60 and a 1-year high of $100.75.

PVH (NYSE:PVH) last announced its earnings results on Wednesday, June 3rd. The textile maker reported $2.01 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.80 by $0.21. PVH had a return on equity of 10.87% and a net margin of 1.76%.The business had revenue of $2.03 billion for the quarter, compared to analyst estimates of $2 billion. During the same period in the previous year, the company earned $2.30 earnings per share. The company’s revenue for the quarter 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, research analysts expect that PVH Corp. will post 12.03 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on PVH shares. The Goldman Sachs Group decreased their target price on PVH from $93.00 to $87.00 and set a “buy” rating for the company in a research report on Friday, June 5th. Evercore set a $79.00 price target on PVH and gave the stock an “in-line” rating in a research report on Thursday, June 4th. Needham & Company LLC decreased their price target on PVH from $107.00 to $102.00 and set a “buy” rating for the company in a report on Thursday, June 4th. Bank of America reaffirmed an “underperform” rating and issued a $70.00 price objective (down from $90.00) on shares of PVH in a research report on Thursday, June 25th. Finally, Citigroup reiterated a “buy” rating on shares of PVH in a research note on Friday, June 5th. Seven research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, PVH has an average rating of “Hold” and a consensus price target of $85.54.

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.