PVH Corp. $PVH Shares Sold by Pzena Investment Management LLC

Pzena Investment Management LLC reduced its position in shares of PVH Corp. (NYSE:PVH) by 2.6% during the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 5,829,334 shares of the textile maker’s stock after selling 157,343 shares during the quarter. PVH comprises about 1.3% of Pzena Investment Management LLC’s portfolio, making the stock its 26th biggest position. Pzena Investment Management LLC owned approximately 12.63% of PVH worth $431,662,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. Mirae Asset Global Investments Co. Ltd. bought a new stake in PVH during the 3rd quarter valued at $54,000. Vise Technologies Inc. bought a new position in shares of PVH in the third quarter valued at $363,000. Maxi Investments CY Ltd bought a new position in shares of PVH in the third quarter valued at $781,000. Signaturefd LLC lifted its stake in shares of PVH by 26.0% in the third quarter. Signaturefd LLC now owns 2,448 shares of the textile maker’s stock valued at $181,000 after buying an additional 505 shares in the last quarter. Finally, Citizens Financial Group Inc. RI acquired a new position in shares of PVH during the third quarter valued at about $253,000. Institutional investors own 97.25% of the company’s stock.

PVH Price Performance

PVH opened at $97.14 on Thursday. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.65 and a quick ratio of 0.93. The company has a market capitalization of $4.48 billion, a price-to-earnings ratio of -26.25, a P/E/G ratio of 1.14 and a beta of 1.74. The firm’s fifty day moving average price is $78.89 and its two-hundred day moving average price is $77.80. 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, September 2nd. The textile maker reported $3.70 EPS for the quarter, beating the consensus estimate of $3.08 by $0.62. PVH had a negative net margin of 1.89% and a positive return on equity of 11.94%. The company had revenue of $2.10 billion during the quarter, compared to the consensus estimate of $2.09 billion. During the same quarter in the prior year, the company posted $2.52 earnings per share. The firm’s revenue for the quarter was down 3.2% on a year-over-year basis. PVH has set its Q3 2026 guidance at 2.500-2.650 EPS and its FY 2026 guidance at 11.800-12.100 EPS. As a group, analysts anticipate that PVH Corp. will post 12.06 earnings per share for the current fiscal year.

PVH Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, December 16th. Shareholders of record on Wednesday, November 25th will be given a dividend of $0.0375 per share. The ex-dividend date of this dividend is Wednesday, November 25th. This represents a $0.15 annualized dividend and a dividend yield of 0.2%. PVH’s dividend payout ratio (DPR) is currently -4.05%.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on the stock. Zacks Research raised shares of PVH from a “strong sell” rating to a “hold” rating in a research report on Wednesday, September 2nd. Telsey Advisory Group reaffirmed a “market perform” rating and issued a $79.00 price target on shares of PVH in a research report on Friday, September 4th. JPMorgan Chase & Co. cut their price target on PVH from $84.00 to $83.00 and set an “underweight” rating for the company in a research note on Thursday, September 3rd. Needham & Company LLC decreased their price objective on PVH from $102.00 to $95.00 and set a “buy” rating for the company in a report on Thursday, September 3rd. Finally, Weiss Ratings raised PVH from a “sell (d)” rating to a “sell (d+)” rating in a report on Monday, October 26th. Six research analysts have rated the stock with a Buy rating, five have issued a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $87.91.

Insider Activity at PVH

In other PVH news, CEO Stefan Larsson bought 14,179 shares of the business’s stock in a transaction dated Friday, September 11th. The shares were purchased at an average price of $70.53 per share, for a total transaction of $1,000,044.87. Following the purchase, the chief executive officer directly owned 349,889 shares of the company’s stock, valued at approximately $24,677,671.17. This represents a 4.22% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 1.50% of the stock is currently owned by corporate insiders.

PVH Profile

PVH Corp. (NYSE: PVH) is a global apparel company that owns and manages the Calvin Klein and Tommy Hilfiger brands. Its products include clothing, underwear, accessories, footwear, and related lifestyle merchandise sold through wholesale partners, company-operated stores, e-commerce platforms, and licensing arrangements.

The company traces its history to 1881, when Moses Phillips began selling shirts in New York. Formerly known as Phillips-Van Heusen Corporation, PVH expanded through acquisitions, including the purchase of Calvin Klein in 2003 and Tommy Hilfiger in 2010.