Clear Harbor Asset Management LLC Buys Shares of 14,657 PVH Corp. $PVH

Clear Harbor Asset Management LLC purchased a new position in PVH Corp. (NYSE:PVH) during the 2nd quarter, Holdings Channel reports. The fund purchased 14,657 shares of the textile maker’s stock, valued at approximately $1,088,000.

Several other institutional investors and hedge funds have also modified their holdings of PVH. Neuberger Berman Group LLC grew its position in shares of PVH by 4.7% during the 4th quarter. Neuberger Berman Group LLC now owns 3,467 shares of the textile maker’s stock valued at $232,000 after acquiring an additional 155 shares during the period. GAMMA Investing LLC raised its holdings in PVH by 10.2% in the 2nd quarter. GAMMA Investing LLC now owns 1,708 shares of the textile maker’s stock worth $127,000 after purchasing an additional 158 shares during the period. NewEdge Advisors LLC raised its holdings in PVH by 1.1% in the 1st quarter. NewEdge Advisors LLC now owns 16,212 shares of the textile maker’s stock worth $1,131,000 after purchasing an additional 171 shares during the period. Smartleaf Asset Management LLC lifted its position in PVH by 15.0% during the fourth quarter. Smartleaf Asset Management LLC now owns 1,381 shares of the textile maker’s stock valued at $94,000 after purchasing an additional 180 shares in the last quarter. Finally, Osaic Holdings Inc. lifted its position in PVH by 12.4% during the second quarter. Osaic Holdings Inc. now owns 1,672 shares of the textile maker’s stock valued at $114,000 after purchasing an additional 184 shares in the last quarter. Hedge funds and other institutional investors own 97.25% of the company’s stock.

PVH Trading Up 3.2%

Shares of PVH stock opened at $78.56 on Friday. The company has a market capitalization of $3.62 billion, a P/E ratio of 24.86, a P/E/G ratio of 1.16 and a beta of 1.74. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.93 and a current ratio of 1.68. The company has a fifty day moving average of $79.83 and a 200 day moving average of $78.52. PVH Corp. has a fifty-two week low of $59.60 and a fifty-two week high of $100.75.

PVH (NYSE:PVH) last issued its quarterly 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. The business had revenue of $2.03 billion during 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%.PVH’s revenue for the quarter was up 2.1% compared to the same quarter last year. During the same quarter in the prior 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. On average, sell-side analysts anticipate that PVH Corp. will post 12.01 earnings per share for the current fiscal year.

PVH Dividend Announcement

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

Analyst Ratings Changes

Several analysts have issued reports on PVH shares. Citigroup reissued a “buy” rating on shares of PVH in a report on Friday, June 5th. The Goldman Sachs Group decreased their price objective on PVH from $93.00 to $87.00 and set a “buy” rating on the stock in a research note on Friday, June 5th. Evercore set a $79.00 price objective on PVH and gave the company an “in-line” rating in a research report on Thursday, June 4th. UBS Group cut their price objective on PVH from $130.00 to $121.00 and set a “buy” rating for the company in a research note on Friday, June 5th. Finally, Needham & Company LLC reduced their target price on shares of PVH from $107.00 to $102.00 and set a “buy” rating for the company in a report on Thursday, June 4th. Seven research analysts have rated the stock with a Buy rating, six have given a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $86.62.

About PVH

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.