Arrowstreet Capital Limited Partnership Sells 598,808 Shares of PVH Corp. $PVH

Key Points

• Arrowstreet Capital cut its PVH stake by 86% in the first quarter, selling 598,808 shares and retaining 97,709 shares valued at approximately $6.8 million. Institutional investors collectively own 97.25% of PVH.
• Analyst sentiment is mixed but leans neutral: PVH has a consensus “Hold” rating and an average price target of $85.54, with several firms recently lowering ratings or targets.
• PVH reported quarterly earnings of $2.01 per share, beating expectations of $1.80, while revenue rose 2.1% year over year to $2.03 billion. Management issued fiscal 2026 EPS guidance of $11.80 to $12.10.

Arrowstreet Capital Limited Partnership lessened its holdings in PVH Corp. (NYSE:PVH - Free Report) by 86.0% during the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 97,709 shares of the textile maker's stock after selling 598,808 shares during the quarter. Arrowstreet Capital Limited Partnership owned approximately 0.21% of PVH worth $6,816,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently made changes to their positions in PVH. Danske Bank A S bought a new stake in PVH during the 3rd quarter valued at $25,000. Global Retirement Partners LLC grew its position in shares of PVH by 513.9% during the 4th quarter. Global Retirement Partners LLC now owns 442 shares of the textile maker's stock worth $30,000 after buying an additional 370 shares in the last quarter. Eurizon Capital SGR S.p.A. purchased a new stake in PVH in the fourth quarter worth about $36,000. Meeder Asset Management Inc. purchased a new stake in PVH in the fourth quarter worth about $48,000. Finally, Himension Capital Singapore PTE. LTD. bought a new stake in shares of PVH in the 1st quarter valued at about $51,000. 97.25% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of equities analysts recently commented on PVH shares. 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 note on Thursday, June 25th. Zacks Research cut PVH from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, June 23rd. Evercore set a $79.00 target price on shares of PVH and gave the stock an "in-line" rating in a report on Thursday, June 4th. Wall Street Zen lowered shares of PVH from a "buy" rating to a "hold" rating in a research report on Saturday, June 6th. Finally, JPMorgan Chase & Co. lowered their price target on shares of PVH from $79.00 to $70.00 and set a "neutral" rating on the stock in a report on Thursday, June 4th. Seven analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus price target of $85.54.

PVH Stock Performance

Shares of PVH opened at $86.78 on Monday. The stock has a 50-day moving average of $81.16 and a two-hundred day moving average of $76.53. PVH Corp. has a one year low of $59.60 and a one year high of $100.75. 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 stock has a market cap of $4.00 billion, a P/E ratio of 27.46, a P/E/G ratio of 1.28 and a beta of 1.74.

PVH (NYSE:PVH - Get Free Report) last posted its quarterly earnings results on Wednesday, June 3rd. The textile maker reported $2.01 earnings per share for the quarter, beating the consensus estimate 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 the consensus estimate of $2 billion. During the same quarter in the previous year, the business earned $2.30 EPS. The company's quarterly revenue 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. As a group, research analysts predict that PVH Corp. will post 12.03 EPS for the current year.

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.

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