Capricorn Fund Managers Ltd Makes New $3.43 Million Investment in PVH Corp. $PVH

Key Points

• Capricorn Fund Managers Ltd made a new investment in PVH Corp. worth approximately $3.43 million, acquiring 50,000 shares, representing 1.6% of its total holdings.
• Analyst ratings for PVH show a consensus of "Moderate Buy", with price targets ranging from $81.00 to $95.27, indicating positive outlook among market analysts.
• PVH reported stronger-than-expected earnings of $2.52 per share for the last quarter, exceeding analyst estimates and demonstrating a 4.5% year-over-year revenue increase.

Capricorn Fund Managers Ltd bought a new position in PVH Corp. (NYSE:PVH - Free Report) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 50,000 shares of the textile maker's stock, valued at approximately $3,430,000. PVH accounts for approximately 1.6% of Capricorn Fund Managers Ltd's holdings, making the stock its 28th biggest position. Capricorn Fund Managers Ltd owned approximately 0.10% of PVH at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. UMB Bank n.a. boosted its holdings in shares of PVH by 63.3% in the second quarter. UMB Bank n.a. now owns 619 shares of the textile maker's stock worth $42,000 after buying an additional 240 shares during the period. Smartleaf Asset Management LLC boosted its holdings in shares of PVH by 30.0% in the first quarter. Smartleaf Asset Management LLC now owns 802 shares of the textile maker's stock worth $52,000 after buying an additional 185 shares during the period. Mirae Asset Global Investments Co. Ltd. boosted its holdings in shares of PVH by 45.6% in the second quarter. Mirae Asset Global Investments Co. Ltd. now owns 907 shares of the textile maker's stock worth $62,000 after buying an additional 284 shares during the period. Allworth Financial LP boosted its holdings in shares of PVH by 78.2% in the first quarter. Allworth Financial LP now owns 930 shares of the textile maker's stock worth $60,000 after buying an additional 408 shares during the period. Finally, Fifth Third Bancorp boosted its holdings in shares of PVH by 28.9% in the second quarter. Fifth Third Bancorp now owns 1,061 shares of the textile maker's stock worth $73,000 after buying an additional 238 shares during the period. 97.25% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on the stock. Telsey Advisory Group reissued an "outperform" rating and issued a $90.00 price target on shares of PVH in a research report on Wednesday, August 27th. The Goldman Sachs Group increased their price target on shares of PVH from $81.00 to $91.00 and gave the stock a "buy" rating in a research report on Thursday, August 28th. Wall Street Zen lowered shares of PVH from a "buy" rating to a "hold" rating in a research report on Saturday. Wells Fargo & Company increased their price target on shares of PVH from $80.00 to $88.00 and gave the stock an "equal weight" rating in a research report on Thursday, August 28th. Finally, JPMorgan Chase & Co. increased their price target on shares of PVH from $76.00 to $87.00 and gave the stock a "neutral" rating in a research report on Monday, July 28th. Nine research analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the stock. Based on data from MarketBeat, PVH currently has a consensus rating of "Moderate Buy" and a consensus price target of $95.27.

PVH Price Performance

Shares of PVH opened at $83.36 on Friday. The firm has a market cap of $4.01 billion, a PE ratio of 9.35, a PEG ratio of 2.60 and a beta of 1.89. The firm's 50 day moving average price is $80.79 and its 200 day moving average price is $75.01. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.63 and a current ratio of 1.37. PVH Corp. has a twelve month low of $59.28 and a twelve month high of $113.47.

PVH (NYSE:PVH - Get Free Report) last issued its quarterly earnings data on Tuesday, August 26th. The textile maker reported $2.52 earnings per share for the quarter, beating the consensus estimate of $1.97 by $0.55. The firm had revenue of $2.17 billion for the quarter, compared to analyst estimates of $2.11 billion. PVH had a net margin of 5.34% and a return on equity of 11.90%. The company's revenue for the quarter was up 4.5% on a year-over-year basis. During the same quarter last year, the firm earned $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, research analysts expect that PVH Corp. will post 11.67 EPS for the current fiscal year.

PVH Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, September 24th. Stockholders of record on Wednesday, September 3rd were given a $0.0375 dividend. The ex-dividend date of this dividend was Wednesday, September 3rd. This represents a $0.15 dividend on an annualized basis and a dividend yield of 0.2%. PVH's dividend payout ratio (DPR) is currently 1.68%.

PVH Company Profile

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.

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