Engineers Gate Manager LP Makes New $1.70 Million Investment in PVH Corp. $PVH

Key Points

• Engineers Gate Manager LP opened a new PVH position by purchasing 22,950 shares valued at approximately $1.70 million. Institutional investors collectively own 97.25% of the company.
• Analyst sentiment remains mixed, with six Buy, six Hold, and two Sell ratings; the consensus rating is Hold with an average price target of $86.55.
• PVH exceeded quarterly earnings expectations, reporting $3.70 EPS versus the $3.08 estimate, although revenue declined 3.2% year over year. CEO Stefan Larsson also bought roughly $1.0 million of company stock.

Engineers Gate Manager LP purchased a new position in PVH Corp. (NYSE:PVH - Free Report) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 22,950 shares of the textile maker's stock, valued at approximately $1,704,000.

A number of other institutional investors also recently modified their holdings of the company. Global Retirement Partners LLC bought a new position in PVH during the second quarter worth $26,000. Eurizon Capital SGR S.p.A. bought a new position in shares of PVH in the 4th quarter worth about $36,000. Allworth Financial LP bought a new position in shares of PVH in the 2nd quarter worth about $41,000. Himension Capital Singapore PTE. LTD. acquired a new position in shares of PVH in the 1st quarter valued at about $51,000. Finally, Caitlin John LLC acquired a new position in shares of PVH in the 2nd quarter valued at about $73,000. 97.25% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several equities research analysts recently commented on PVH shares. Weiss Ratings raised PVH from a "hold (c-)" rating to a "hold (c)" rating in a research note on Tuesday, September 1st. Wells Fargo & Company cut their price target on PVH from $85.00 to $78.00 and set an "equal weight" rating on the stock in a report on Friday, June 5th. Zacks Research raised shares of PVH from a "strong sell" rating to a "hold" rating in a research report on Wednesday, September 2nd. BTIG Research reiterated a "buy" rating and issued a $100.00 price objective on shares of PVH in a research note on Friday, June 5th. Finally, The Goldman Sachs Group dropped their target price on shares of PVH from $93.00 to $87.00 and set a "buy" rating on the stock in a research report on Friday, June 5th. Six investment analysts have rated the stock with a Buy rating, six have issued a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of "Hold" and an average price target of $86.55.

PVH Stock Up 0.2%

PVH opened at $71.76 on Thursday. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.65 and a quick ratio of 0.93. The company's 50-day moving average is $78.79 and its 200 day moving average is $79.28. PVH Corp. has a fifty-two week low of $59.60 and a fifty-two week high of $100.75. The firm has a market capitalization of $3.31 billion, a P/E ratio of -19.40, a PEG ratio of 0.90 and a beta of 1.72.

PVH (NYSE:PVH - Get Free Report) last issued its quarterly earnings data on Wednesday, September 2nd. The textile maker reported $3.70 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $3.08 by $0.62. PVH had a negative net margin of 1.89% and a positive return on equity of 11.94%. The business had revenue of $2.10 billion during the quarter, compared to the consensus estimate of $2.09 billion. During the same period in the prior year, the firm posted $2.52 EPS. The firm's quarterly revenue was down 3.2% compared to the same quarter last year. PVH has set its Q3 2026 guidance at 2.500-2.650 EPS and its FY 2026 guidance at 11.800-12.100 EPS. Research analysts expect that PVH Corp. will post 12.06 earnings per share for the current fiscal year.

PVH Announces Dividend

The firm also recently disclosed 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. The ex-dividend date of this dividend is Wednesday, September 2nd. This represents a $0.15 annualized dividend and a yield of 0.2%. PVH's payout ratio is currently -4.05%.

Insider Transactions at PVH

In other PVH news, CEO Stefan Larsson acquired 14,179 shares of PVH stock in a transaction on Friday, September 11th. The stock was purchased at an average price of $70.53 per share, for a total transaction of $1,000,044.87. Following the purchase, the chief executive officer directly owned 349,889 shares of the company's stock, valued at $24,677,671.17. This trade represents a 4.22% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. 1.50% of the stock is owned by company insiders.

PVH Profile

PVH Corp. NYSE: PVH is a global apparel company that owns and operates internationally recognized fashion brands. Its principal brands are Calvin Klein and Tommy Hilfiger, which offer clothing, accessories, footwear, underwear, and related lifestyle products across a range of consumer categories.

The company sells its products through wholesale customers, company-operated and franchised stores, e-commerce platforms, and licensing arrangements. PVH serves customers in North America, Europe, the Asia-Pacific region, and other international markets through its retail, digital, and distribution networks.

PVH traces its origins to 1881 and has expanded through brand development and acquisitions, including its acquisition of Tommy Hilfiger and the Calvin Klein business.

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