Corient Private Wealth LP Invests $4.89 Million in PVH Corp. $PVH

Key Points

• Corient Private Wealth LP initiated a $4.89 million position in PVH during the second quarter, purchasing 65,873 shares, while institutional investors collectively own 97.25% of the company.
• PVH shares opened at $73.93, down 2.5%, and remain below their 52-week high of $100.75. Analysts have a consensus “Hold” rating and an average price target of $86.82.
• PVH exceeded quarterly earnings expectations with EPS of $2.01 versus the $1.80 consensus and revenue of $2.03 billion. The company also declared a quarterly dividend of $0.0375 per share, yielding 0.2% annually.

Corient Private Wealth LP purchased a new position in shares of PVH Corp. (NYSE:PVH - Free Report) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 65,873 shares of the textile maker's stock, valued at approximately $4,892,000. Corient Private Wealth LP owned about 0.14% of PVH as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Bank of America Corp DE acquired a new stake in PVH in the 2nd quarter worth about $11,330,000. Caisse de depot et placement du Quebec purchased a new position in shares of PVH in the second quarter valued at approximately $468,000. Man Group plc purchased a new position in shares of PVH in the second quarter valued at approximately $14,894,000. Jupiter Topco LLC acquired a new stake in shares of PVH in the second quarter worth approximately $1,580,000. Finally, Hsbc Holdings PLC acquired a new stake in shares of PVH in the second quarter worth approximately $1,248,000. 97.25% of the stock is owned by hedge funds and other institutional investors.

PVH Stock Down 2.5%

Shares of NYSE:PVH opened at $73.93 on Tuesday. PVH Corp. has a 52-week low of $59.60 and a 52-week high of $100.75. The stock has a market cap of $3.41 billion, a P/E ratio of 23.40, a PEG ratio of 1.12 and a beta of 1.74. The business has a fifty day moving average of $79.48 and a two-hundred day moving average of $79.07. The company has a quick ratio of 0.93, a current ratio of 1.68 and a debt-to-equity ratio of 0.46.

PVH (NYSE:PVH - Get Free Report) last posted its quarterly earnings results on Wednesday, June 3rd. The textile maker reported $2.01 EPS for the quarter, topping the consensus estimate of $1.80 by $0.21. The business had revenue of $2.03 billion for the quarter, compared to analyst estimates of $2 billion. PVH had a return on equity of 10.87% and a net margin of 1.76%.The company's quarterly revenue was up 2.1% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $2.30 EPS. 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, research analysts expect that PVH Corp. will post 12.01 earnings per share for the current year.

PVH Dividend Announcement

The company 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 yield of 0.2%. The ex-dividend date is Wednesday, September 2nd. PVH's dividend payout ratio (DPR) is presently 4.75%.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on the company. Citigroup reissued a "buy" rating on shares of PVH in a research note on Friday, June 5th. Needham & Company LLC lowered their target price on shares of PVH from $107.00 to $102.00 and set a "buy" rating on the stock in a research note on Thursday, June 4th. 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. Bank of America reiterated an "underperform" rating and issued a $70.00 target price (down from $90.00) on shares of PVH in a research report on Thursday, June 25th. Finally, UBS Group decreased their price target 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. Six research analysts have rated the stock with a Buy rating, five have issued a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Hold" and an average price target of $86.82.

About PVH

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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