Pzena Investment Management LLC Purchases Shares of 5,986,677 PVH Corp. $PVH

Pzena Investment Management LLC acquired a new stake in shares of PVH Corp. (NYSE:PVH) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 5,986,677 shares of the textile maker’s stock, valued at approximately $444,571,000. PVH accounts for approximately 1.3% of Pzena Investment Management LLC’s holdings, making the stock its 23rd largest holding. Pzena Investment Management LLC owned 0.13% of PVH as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the company. Danske Bank A S purchased a new position in shares of PVH in the 3rd quarter worth $25,000. Global Retirement Partners LLC purchased a new stake in PVH during the second quarter valued at about $26,000. Eurizon Capital SGR S.p.A. purchased a new stake in PVH during the fourth quarter valued at about $36,000. Meeder Asset Management Inc. acquired a new stake in PVH during the fourth quarter worth about $48,000. Finally, Himension Capital Singapore PTE. LTD. purchased a new position in shares of PVH in the 1st quarter worth about $51,000. 97.25% of the stock is currently owned by institutional investors and hedge funds.

PVH Price Performance

PVH opened at $77.93 on Tuesday. PVH Corp. has a twelve month low of $59.60 and a twelve month high of $100.75. The firm has a market cap of $3.59 billion, a price-to-earnings ratio of 24.66, a PEG ratio of 1.22 and a beta of 1.74. 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 company has a fifty day simple moving average of $80.02 and a 200 day simple moving average of $78.18.

PVH (NYSE:PVH) last issued its quarterly earnings data on Wednesday, June 3rd. The textile maker reported $2.01 EPS for the quarter, topping analysts’ consensus estimates of $1.80 by $0.21. The firm had revenue of $2.03 billion for the quarter, compared to analyst estimates of $2 billion. PVH had a net margin of 1.76% and a return on equity of 10.87%. The firm’s revenue was up 2.1% compared to the same quarter last year. During the same quarter in the previous year, the business 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. Equities research analysts expect that PVH Corp. will post 12.01 EPS for the current fiscal year.

PVH Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, September 23rd. Investors of record on Wednesday, September 2nd will be paid a $0.0375 dividend. The ex-dividend date is Wednesday, September 2nd. This represents a $0.15 annualized dividend and a dividend yield of 0.2%. PVH’s payout ratio is 4.75%.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on PVH shares. BTIG Research reiterated a “buy” rating and set a $100.00 price objective on shares of PVH in a research note on Friday, June 5th. Needham & Company LLC reduced their target price on shares of PVH from $107.00 to $102.00 and set a “buy” rating on the stock in a report on Thursday, June 4th. Weiss Ratings cut shares of PVH from a “hold (c)” rating to a “hold (c-)” rating in a research report on Tuesday, July 14th. Wells Fargo & Company lowered their price target on PVH from $85.00 to $78.00 and set an “equal weight” rating for the company in a report on Friday, June 5th. Finally, Bank of America reissued 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. Seven analysts have rated the stock with a Buy rating, six have assigned a Hold rating and three have issued a Sell rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $86.62.

PVH 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.