127,062 Shares in PVH Corp. $PVH Purchased by Caisse DE Depot ET Placement DU Quebec

Key Points

• Caisse DE Depot ET Placement DU Quebec acquired a new stake in PVH Corp. in Q1, purchasing 127,062 shares valued at approximately $8.2 million, representing ownership of 0.24% of the company.
• Insider trading activity includes CEO Stefan Larsson buying 15,645 shares for about $1 million, increasing his stake by 6.16%, while Director Jesper Andersen raised his holding by 441.18% through the purchase of 600 shares.
• PVH reported earnings of $2.52 per share for Q2, exceeding estimates by $0.55, along with a revenue of $2.17 billion, showing a year-over-year growth of 4.5%.

Caisse DE Depot ET Placement DU Quebec acquired a new position in shares of PVH Corp. (NYSE:PVH - Free Report) during the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 127,062 shares of the textile maker's stock, valued at approximately $8,213,000. Caisse DE Depot ET Placement DU Quebec owned approximately 0.24% of PVH at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of PVH. State of Alaska Department of Revenue increased its stake in PVH by 2.3% during the first quarter. State of Alaska Department of Revenue now owns 6,517 shares of the textile maker's stock worth $421,000 after acquiring an additional 149 shares during the last quarter. Parallel Advisors LLC raised its holdings in shares of PVH by 8.9% in the first quarter. Parallel Advisors LLC now owns 1,973 shares of the textile maker's stock valued at $128,000 after acquiring an additional 162 shares in the last quarter. Central Pacific Bank Trust Division raised its stake in PVH by 9.7% in the first quarter. Central Pacific Bank Trust Division now owns 1,920 shares of the textile maker's stock worth $124,000 after buying an additional 170 shares in the last quarter. ProShare Advisors LLC raised its position in shares of PVH by 7.2% in the 4th quarter. ProShare Advisors LLC now owns 2,611 shares of the textile maker's stock worth $276,000 after acquiring an additional 176 shares in the last quarter. Finally, Comerica Bank lifted its position in shares of PVH by 0.7% during the first quarter. Comerica Bank now owns 24,728 shares of the textile maker's stock valued at $1,598,000 after buying an additional 180 shares during the last quarter. 97.25% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at PVH

In other news, CEO Stefan Larsson bought 15,645 shares of PVH stock in a transaction on Thursday, June 26th. The stock was acquired at an average price of $63.92 per share, with a total value of $1,000,028.40. Following the completion of the acquisition, the chief executive officer directly owned 269,438 shares of the company's stock, valued at $17,222,476.96. The trade was a 6.16% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, Director Jesper Andersen purchased 600 shares of the stock in a transaction dated Wednesday, June 11th. The stock was purchased at an average cost of $66.10 per share, for a total transaction of $39,660.00. Following the completion of the purchase, the director directly owned 736 shares of the company's stock, valued at approximately $48,649.60. The trade was a 441.18% increase in their ownership of the stock. The disclosure for this purchase can be found here. 1.20% of the stock is currently owned by insiders.

PVH Price Performance

PVH stock traded up $1.66 during trading on Tuesday, reaching $85.98. The company had a trading volume of 1,445,183 shares, compared to its average volume of 1,113,082. The firm has a market capitalization of $4.13 billion, a PE ratio of 9.64, a price-to-earnings-growth ratio of 2.65 and a beta of 1.84. The firm's 50-day simple moving average is $74.90 and its 200 day simple moving average is $73.05. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.53 and a current ratio of 1.37. PVH Corp. has a 1-year low of $59.28 and a 1-year high of $113.47.

PVH (NYSE:PVH - Get Free Report) last posted its quarterly earnings data on Tuesday, August 26th. The textile maker reported $2.52 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.97 by $0.55. PVH had a net margin of 5.34% and a return on equity of 11.90%. The business had revenue of $2.17 billion for the quarter, compared to the consensus estimate of $2.11 billion. The company's revenue was up 4.5% compared to the same quarter last year. During the same period last year, the firm posted $3.01 earnings per share. PVH has set its Q3 2025 guidance at 2.350-2.50 EPS. FY 2025 guidance at 10.750-11.00 EPS. As a group, equities research analysts anticipate that PVH Corp. will post 11.67 earnings per share for the current fiscal year.

PVH Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 24th. Investors of record on Wednesday, September 3rd will be issued a $0.0375 dividend. This represents a $0.15 annualized dividend and a yield of 0.2%. The ex-dividend date is Wednesday, September 3rd. PVH's payout ratio is presently 1.68%.

Analyst Ratings Changes

A number of research firms have recently weighed in on PVH. Evercore ISI lowered their price objective on PVH from $105.00 to $95.00 and set an "outperform" rating for the company in a research report on Thursday, June 5th. Bank of America increased their price target on shares of PVH from $76.00 to $88.00 and gave the stock a "neutral" rating in a report on Wednesday, August 27th. Cowen restated a "buy" rating on shares of PVH in a research note on Friday, June 6th. TD Cowen reaffirmed a "hold" rating and issued a $74.00 price objective (down from $98.00) on shares of PVH in a report on Wednesday, July 9th. Finally, Barclays increased their price objective on shares of PVH from $83.00 to $101.00 and gave the stock an "overweight" rating in a research note on Wednesday, August 27th. Nine research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company's stock. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $95.27.

About PVH

PVH Corp. operates as an apparel company in the United States and internationally. The company operates through Tommy Hilfiger North America, Tommy Hilfiger International, Calvin Klein North America, Calvin Klein International, and Heritage Brands Wholesale segments. It designs and markets men's, women's, and children's branded apparel, footwear and accessories, underwear, sleepwear, outerwear, home furnishings, luggage, dresses, suits and swimwear, activewear, sportswear, socks and accessories, outerwear, golf products, footwear, watches and jewelry, eyeglasses and non-ophthalmic sunglasses, jeans wear, performance apparel, intimate apparel, dress shirts, handbags, fragrance, small leather goods, and other related products; and men's and boy's tailored clothing products, duvets, pillows, mattress pads and toppers, and feather beds.