Bank of New York Mellon Corp Takes Position in PVH Corp. $PVH

Key Points

• Bank of New York Mellon acquired 345,609 PVH shares worth approximately $25.7 million, representing about 0.75% of the apparel company. Institutional investors and hedge funds collectively own 97.25% of PVH.
• PVH’s latest quarterly results exceeded expectations, with EPS of $2.01 versus the $1.80 consensus and revenue of $2.03 billion. Revenue increased 2.1% year over year, and management issued fiscal 2026 EPS guidance of $11.80–$12.10.
• Analyst sentiment is mixed: six analysts rate PVH a Buy, five Hold, and three Sell, producing an overall “Hold” rating and an average price target of $86.82 versus the stock’s recent price of $75.71.

Bank of New York Mellon Corp bought a new stake in PVH Corp. (NYSE:PVH - Free Report) during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 345,609 shares of the textile maker's stock, valued at approximately $25,665,000. Bank of New York Mellon Corp owned about 0.75% of PVH at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in the stock. Danske Bank A S acquired a new stake in shares of PVH in the third quarter valued at $25,000. Global Retirement Partners LLC boosted 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 acquiring an additional 370 shares in the last quarter. Eurizon Capital SGR S.p.A. purchased a new stake in PVH in the fourth quarter valued at $36,000. Meeder Asset Management Inc. acquired a new position in PVH in the fourth quarter valued at $48,000. Finally, Himension Capital Singapore PTE. LTD. acquired a new position in PVH in the first quarter valued at $51,000. 97.25% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

PVH has been the topic of several research analyst reports. Needham & Company LLC cut their price target on PVH from $107.00 to $102.00 and set a "buy" rating on the stock in a research report on Thursday, June 4th. BTIG Research restated a "buy" rating and issued a $100.00 price target on shares of PVH in a research report on Friday, June 5th. Citigroup reaffirmed a "buy" rating on shares of PVH in a research note on Friday, June 5th. Wall Street Zen cut PVH from a "buy" rating to a "hold" rating in a research report on Saturday, June 6th. Finally, Wells Fargo & Company dropped their price objective on shares of PVH from $85.00 to $78.00 and set an "equal weight" rating on the stock in a research note on Friday, June 5th. Six equities research analysts have rated the stock with a Buy rating, five have given a Hold rating and three have issued a Sell rating to the company's stock. According to MarketBeat, the stock presently has an average rating of "Hold" and an average price target of $86.82.

PVH Stock Performance

PVH opened at $75.71 on Friday. The stock has a market cap of $3.49 billion, a P/E ratio of 23.96, a P/E/G ratio of 1.12 and a beta of 1.74. The company has a debt-to-equity ratio of 0.46, a current ratio of 1.68 and a quick ratio of 0.93. The stock's 50 day simple moving average is $79.56 and its 200 day simple moving average is $78.94. PVH Corp. has a 1-year low of $59.60 and a 1-year high of $100.75.

PVH (NYSE:PVH - Get Free Report) last issued its quarterly earnings data 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 firm had revenue of $2.03 billion during the quarter, compared to analysts' expectations of $2 billion. PVH had a return on equity of 10.87% and a net margin of 1.76%.PVH's revenue was up 2.1% on a year-over-year basis. During the same period in the previous year, the firm posted $2.30 earnings per share. 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, equities analysts anticipate that PVH Corp. will post 12.01 EPS for the current fiscal year.

PVH Dividend Announcement

The business also recently disclosed 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. This represents a $0.15 annualized dividend and a dividend yield of 0.2%. The ex-dividend date is Wednesday, September 2nd. PVH's payout ratio is currently 4.75%.

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.

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