Clear Harbor Asset Management LLC Makes New $1.09 Million Investment in PVH Corp. $PVH

Key Points

• Clear Harbor Asset Management acquired 14,657 PVH shares worth approximately $1.09 million, while institutional investors collectively own 97.25% of the company.
• Analyst sentiment is mixed: PVH has seven Buy, six Hold, and three Sell ratings, resulting in an overall “Hold” consensus and an average price target of $86.62.
• PVH’s latest quarterly results exceeded expectations, with adjusted earnings of $2.01 per share versus a $1.80 consensus estimate and revenue of $2.03 billion; the company also declared a quarterly dividend of $0.0375 per share.

Clear Harbor Asset Management LLC bought a new position in PVH Corp. (NYSE:PVH - Free Report) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 14,657 shares of the textile maker's stock, valued at approximately $1,088,000.

Other institutional investors have also recently made changes to their positions in the company. Danske Bank A S purchased a new position in PVH in the 3rd quarter worth approximately $25,000. Global Retirement Partners LLC purchased a new stake in PVH during the 2nd quarter valued at $26,000. Eurizon Capital SGR S.p.A. purchased a new stake in PVH during the 4th quarter valued at $36,000. Allworth Financial LP purchased a new stake in PVH during the 2nd quarter valued at $41,000. Finally, Meeder Asset Management Inc. bought a new stake in shares of PVH in the 4th quarter worth $48,000. Hedge funds and other institutional investors own 97.25% of the company's stock.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on the company. The Goldman Sachs Group decreased their price target on PVH from $93.00 to $87.00 and set a "buy" rating for the company in a research note on Friday, June 5th. Evercore set a $79.00 price objective on PVH and gave the company an "in-line" rating in a research report on Thursday, June 4th. Wall Street Zen downgraded PVH from a "buy" rating to a "hold" rating in a report on Saturday, June 6th. Weiss Ratings lowered PVH from a "hold (c)" rating to a "hold (c-)" rating in a research report on Tuesday, July 14th. Finally, UBS Group lowered their target price on shares of PVH from $130.00 to $121.00 and set a "buy" rating on the stock in a research note on Friday, June 5th. Seven analysts have rated the stock with a Buy rating, six have given a Hold rating and three have issued a Sell rating to the company's stock. According to MarketBeat, PVH presently has an average rating of "Hold" and an average target price of $86.62.

PVH Price Performance

Shares of PVH opened at $78.56 on Friday. The firm has a market cap of $3.62 billion, a PE ratio of 24.86, a P/E/G ratio of 1.16 and a beta of 1.74. The company has a current ratio of 1.68, a quick ratio of 0.93 and a debt-to-equity ratio of 0.46. The firm has a fifty day simple moving average of $79.83 and a two-hundred day simple moving average of $78.52. 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 released 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 firm had revenue of $2.03 billion for the quarter, compared to analysts' expectations of $2 billion. During the same period in the prior year, the firm earned $2.30 EPS. The company's 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. On average, equities analysts anticipate that PVH Corp. will post 12.01 EPS for the current year.

PVH Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, September 23rd. Shareholders of record on Wednesday, September 2nd will be given a $0.0375 dividend. This represents a $0.15 annualized dividend and a yield of 0.2%. The ex-dividend date of this dividend is Wednesday, September 2nd. PVH's dividend payout ratio (DPR) is presently 4.75%.

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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