EntryPoint Capital LLC Takes $244,000 Position in PVH Corp. $PVH

Key Points

• EntryPoint Capital LLC has acquired a new position in PVH Corp. during the first quarter, purchasing 3,782 shares valued at approximately $244,000.
• Analysts have mixed ratings for PVH, with Bank of America cutting the price target from $86 to $76, while Needham & Company has maintained a "buy" rating with a target of $115.
• PVH reported better-than-expected earnings for the latest quarter, posting an EPS of $2.30 against a consensus estimate of $2.24, and set guidance for Q2 2025 earnings between $1.850 and $2.00 per share.

EntryPoint Capital LLC acquired a new position in PVH Corp. (NYSE:PVH - Free Report) during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 3,782 shares of the textile maker's stock, valued at approximately $244,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in PVH. Pzena Investment Management LLC lifted its stake in shares of PVH by 15.1% in the first quarter. Pzena Investment Management LLC now owns 6,161,567 shares of the textile maker's stock worth $398,284,000 after acquiring an additional 807,301 shares during the period. Balyasny Asset Management L.P. acquired a new position in shares of PVH in the fourth quarter worth approximately $53,373,000. American Century Companies Inc. lifted its stake in shares of PVH by 76.6% in the first quarter. American Century Companies Inc. now owns 803,400 shares of the textile maker's stock worth $51,932,000 after acquiring an additional 348,592 shares during the period. AQR Capital Management LLC lifted its stake in shares of PVH by 128.6% in the fourth quarter. AQR Capital Management LLC now owns 566,513 shares of the textile maker's stock worth $59,909,000 after acquiring an additional 318,731 shares during the period. Finally, LSV Asset Management lifted its stake in shares of PVH by 10.7% in the first quarter. LSV Asset Management now owns 1,327,797 shares of the textile maker's stock worth $85,829,000 after acquiring an additional 128,559 shares during the period. 97.25% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on PVH shares. Bank of America cut their price objective on PVH from $86.00 to $76.00 and set a "neutral" rating on the stock in a research note on Friday, June 6th. Needham & Company LLC reiterated a "buy" rating and issued a $115.00 target price on shares of PVH in a report on Thursday, June 5th. BMO Capital Markets lowered their target price on PVH from $93.00 to $84.00 and set a "market perform" rating for the company in a report on Thursday, June 5th. TD Cowen reiterated a "hold" rating and issued a $74.00 target price (down from $98.00) on shares of PVH in a report on Wednesday, July 9th. Finally, UBS Group lowered their target price on PVH from $150.00 to $146.00 and set a "buy" rating for the company in a report on Friday, June 6th. Nine analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average target price of $93.40.

PVH Trading Up 4.5%

NYSE PVH opened at $79.8090 on Friday. The company has a market cap of $3.84 billion, a price-to-earnings ratio of 11.26, a P/E/G ratio of 1.64 and a beta of 1.84. PVH Corp. has a 52 week low of $59.28 and a 52 week high of $113.47. The business has a 50 day moving average price of $72.24 and a 200-day moving average price of $72.80. The company has a quick ratio of 0.53, a current ratio of 1.11 and a debt-to-equity ratio of 0.37.

PVH (NYSE:PVH - Get Free Report) last released its quarterly earnings data on Wednesday, June 4th. The textile maker reported $2.30 EPS for the quarter, beating the consensus estimate of $2.24 by $0.06. The firm had revenue of $1.98 billion during the quarter, compared to the consensus estimate of $1.93 billion. PVH had a return on equity of 12.66% and a net margin of 4.63%.The company's quarterly revenue was up 1.6% on a year-over-year basis. During the same quarter in the previous year, the company posted $2.45 earnings per share. PVH has set its Q2 2025 guidance at 1.850-2.00 EPS. FY 2025 guidance at 10.750-11.00 EPS. As a group, equities analysts expect that PVH Corp. will post 11.67 earnings per share for the current fiscal year.

PVH Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 24th. Stockholders of record on Wednesday, September 3rd will be issued a dividend of $0.0375 per share. The ex-dividend date is Wednesday, September 3rd. This represents a $0.15 annualized dividend and a dividend yield of 0.2%. PVH's payout ratio is currently 2.12%.

Insider Activity at PVH

In other news, Director Jesper Andersen acquired 600 shares of the firm's stock in a transaction dated Wednesday, June 11th. The stock was purchased at an average price of $66.10 per share, for a total transaction of $39,660.00. Following the completion of the acquisition, the director directly owned 736 shares in the company, valued at $48,649.60. The trade was a 441.18% increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through this link. Also, CEO Stefan Larsson acquired 15,645 shares of the firm's stock in a transaction dated Thursday, June 26th. The shares were purchased at an average price of $63.92 per share, with a total value of $1,000,028.40. Following the acquisition, the chief executive officer owned 269,438 shares of the company's stock, valued at approximately $17,222,476.96. This represents a 6.16% increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders own 1.20% of the company's stock.

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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