Dimensional Fund Advisors LP Has $196.57 Million Stock Position in PVH Corp. $PVH

Key Points

• Dimensional Fund Advisors LP reduced its stake in PVH Corp. by 1.8%, now holding 3,041,112 shares worth approximately $196.57 million.
• Based on recent analysts' reports, PVH has a consensus rating of "Moderate Buy" with varying target prices, including a high of $90 set by Telsey Advisory Group.
• The company announced a quarterly dividend of $0.0375, reflecting a modest annual yield of 0.2%, with an ex-dividend date on September 3rd.

Dimensional Fund Advisors LP cut its holdings in PVH Corp. (NYSE:PVH - Free Report) by 1.8% during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,041,112 shares of the textile maker's stock after selling 56,863 shares during the period. Dimensional Fund Advisors LP owned about 5.78% of PVH worth $196,574,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in the company. Pzena Investment Management LLC increased its stake in shares of PVH by 15.1% during the 1st quarter. Pzena Investment Management LLC now owns 6,161,567 shares of the textile maker's stock valued at $398,284,000 after acquiring an additional 807,301 shares during the last quarter. LSV Asset Management increased its stake in shares of PVH by 10.7% during the 1st quarter. LSV Asset Management now owns 1,327,797 shares of the textile maker's stock valued at $85,829,000 after acquiring an additional 128,559 shares during the last quarter. Voya Investment Management LLC increased its stake in shares of PVH by 29.4% during the 4th quarter. Voya Investment Management LLC now owns 679,762 shares of the textile maker's stock valued at $71,885,000 after acquiring an additional 154,295 shares during the last quarter. Charles Schwab Investment Management Inc. increased its stake in shares of PVH by 3.1% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 646,995 shares of the textile maker's stock valued at $41,822,000 after acquiring an additional 19,340 shares during the last quarter. Finally, AQR Capital Management LLC increased its stake in shares of PVH by 128.6% during the 4th quarter. AQR Capital Management LLC now owns 566,513 shares of the textile maker's stock valued at $59,909,000 after acquiring an additional 318,731 shares during the last quarter. Institutional investors and hedge funds own 97.25% of the company's stock.

PVH Stock Up 4.5%

NYSE PVH traded up $3.4390 on Friday, reaching $79.8090. The company had a trading volume of 961,877 shares, compared to its average volume of 941,869. The firm has a market capitalization of $3.84 billion, a PE ratio of 11.26, a P/E/G ratio of 1.57 and a beta of 1.84. PVH Corp. has a 1 year low of $59.28 and a 1 year high of $113.47. The firm has a 50-day moving average of $72.24 and a 200-day moving average of $72.84. The company has a debt-to-equity ratio of 0.37, a current ratio of 1.11 and a quick ratio of 0.53.

PVH (NYSE:PVH - Get Free Report) last released its quarterly earnings results on Wednesday, June 4th. The textile maker reported $2.30 earnings per share for the quarter, topping analysts' consensus estimates of $2.24 by $0.06. The firm had revenue of $1.98 billion during the quarter, compared to analysts' expectations of $1.93 billion. PVH had a return on equity of 12.66% and a net margin of 4.63%.PVH's quarterly revenue was up 1.6% compared to the same quarter last year. During the same quarter in the prior year, the business earned $2.45 EPS. PVH has set its Q2 2025 guidance at 1.850-2.00 EPS. FY 2025 guidance at 10.750-11.00 EPS. On average, equities research analysts anticipate that PVH Corp. will post 11.67 EPS for the current fiscal year.

PVH Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, September 24th. Shareholders of record on Wednesday, September 3rd will be paid a $0.0375 dividend. This represents a $0.15 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date is Wednesday, September 3rd. PVH's dividend payout ratio (DPR) is presently 2.12%.

Insiders Place Their Bets

In related news, Director Jesper Andersen bought 600 shares of the business's stock in a transaction on Wednesday, June 11th. The shares were bought 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 owned 736 shares of the company's stock, valued at $48,649.60. This represents a 441.18% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Stefan Larsson bought 15,645 shares of the business's stock in a transaction on Thursday, June 26th. The stock was bought at an average price of $63.92 per share, for a total transaction of $1,000,028.40. Following the completion of the purchase, 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 position. The disclosure for this purchase can be found here. Company insiders own 1.20% of the company's stock.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on PVH. Telsey Advisory Group reissued an "outperform" rating and set a $90.00 target price on shares of PVH in a research report on Wednesday. Wells Fargo & Company dropped their target price on shares of PVH from $100.00 to $80.00 and set an "equal weight" rating for the company in a research report on Thursday, June 5th. JPMorgan Chase & Co. increased their target price 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. Needham & Company LLC reissued a "buy" rating and set a $115.00 target price on shares of PVH in a research report on Thursday, June 5th. Finally, Cowen reissued a "buy" rating on shares of PVH in a research report on Friday, June 6th. Nine equities research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus target price of $93.40.

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.