9,312 Shares in PVH Corp. $PVH Purchased by Sequoia Financial Advisors LLC

Sequoia Financial Advisors LLC acquired a new stake in PVH Corp. (NYSE:PVH) in the first quarter, HoldingsChannel.com reports. The fund acquired 9,312 shares of the textile maker’s stock, valued at approximately $650,000.

A number of other institutional investors also recently added to or reduced their stakes in PVH. ARGA Investment Management LP increased its position in PVH by 428.8% during the 1st quarter. ARGA Investment Management LP now owns 21,302 shares of the textile maker’s stock worth $1,486,000 after purchasing an additional 17,274 shares during the period. Hsbc Holdings PLC boosted its stake in shares of PVH by 391.1% in the first quarter. Hsbc Holdings PLC now owns 42,250 shares of the textile maker’s stock valued at $2,928,000 after buying an additional 33,646 shares in the last quarter. Saxon Interests Inc. purchased a new stake in shares of PVH in the first quarter valued at approximately $817,000. Peregrine Capital Management LLC grew its holdings in PVH by 8.1% during the first quarter. Peregrine Capital Management LLC now owns 83,260 shares of the textile maker’s stock worth $5,808,000 after acquiring an additional 6,235 shares during the period. Finally, Traub Capital Management LLC purchased a new position in PVH in the first quarter worth $255,000. Hedge funds and other institutional investors own 97.25% of the company’s stock.

PVH Stock Down 0.1%

PVH stock opened at $78.09 on Monday. PVH Corp. has a fifty-two week low of $59.60 and a fifty-two week high of $100.75. The firm has a market capitalization of $3.60 billion, a price-to-earnings ratio of 24.71, a price-to-earnings-growth ratio of 1.15 and a beta of 1.75. The stock’s fifty day moving average is $81.15 and its two-hundred day moving average is $75.45. 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 (EPS) for the quarter, topping the consensus estimate of $1.80 by $0.21. The business had revenue of $2.03 billion during the quarter, compared to the consensus estimate of $2 billion. PVH had a return on equity of 10.87% and a net margin of 1.76%.The business’s revenue was up 2.1% on a year-over-year basis. During the same quarter in the previous year, the company 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. Analysts predict that PVH Corp. will post 12.03 EPS for the current fiscal year.

PVH Announces Dividend

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

Wall Street Analysts Forecast Growth

A number of research firms have commented on PVH. Wall Street Zen downgraded PVH from a “buy” rating to a “hold” rating in a report on Saturday, June 6th. Wells Fargo & Company reduced their price objective on shares of PVH from $85.00 to $78.00 and set an “equal weight” rating for the company in a research note on Friday, June 5th. Citigroup reissued a “buy” rating on shares of PVH in a report on Friday, June 5th. JPMorgan Chase & Co. lowered their target price on shares of PVH from $79.00 to $70.00 and set a “neutral” rating on the stock in a research report on Thursday, June 4th. Finally, Telsey Advisory Group reaffirmed a “market perform” rating and issued a $74.00 target price on shares of PVH in a report on Wednesday, April 1st. Seven analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price 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.