Fort Washington Investment Advisors Inc. OH Has $16.64 Million Stock Position in PVH Corp. $PVH

Key Points

• Fort Washington Investment Advisors increased its stake in PVH Corp by 15.8%, holding 242,525 shares valued at approximately $16.64 million.
• PVH's stock has received multiple upgrades from various analysts, with a consensus rating of "Moderate Buy" and an average price target of $95.27.
• The company reported earnings of $2.52 per share for the last quarter, surpassing analysts' expectations of $1.97, alongside a quarterly revenue increase of 4.5% year-over-year.

Fort Washington Investment Advisors Inc. OH lifted its position in shares of PVH Corp. (NYSE:PVH - Free Report) by 15.8% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 242,525 shares of the textile maker's stock after acquiring an additional 33,065 shares during the quarter. Fort Washington Investment Advisors Inc. OH owned approximately 0.50% of PVH worth $16,637,000 at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in PVH. RBA Wealth Management LLC raised its holdings in PVH by 1.2% during the 2nd quarter. RBA Wealth Management LLC now owns 58,856 shares of the textile maker's stock worth $4,038,000 after purchasing an additional 714 shares during the last quarter. Michels Family Financial LLC grew its position in shares of PVH by 11.6% during the 2nd quarter. Michels Family Financial LLC now owns 10,514 shares of the textile maker's stock worth $721,000 after buying an additional 1,094 shares during the period. Signaturefd LLC raised its stake in shares of PVH by 103.5% during the second quarter. Signaturefd LLC now owns 2,827 shares of the textile maker's stock worth $194,000 after buying an additional 1,438 shares during the last quarter. Public Employees Retirement System of Ohio lifted its holdings in PVH by 2.1% in the second quarter. Public Employees Retirement System of Ohio now owns 17,433 shares of the textile maker's stock valued at $1,196,000 after buying an additional 356 shares during the period. Finally, Fifth Third Bancorp boosted its position in shares of PVH by 28.9% in the 2nd quarter. Fifth Third Bancorp now owns 1,061 shares of the textile maker's stock worth $73,000 after purchasing an additional 238 shares during the last quarter. Institutional investors own 97.25% of the company's stock.

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on PVH. Cowen restated a "buy" rating on shares of PVH in a research report on Friday, June 6th. Wells Fargo & Company boosted their price target on shares of PVH from $80.00 to $88.00 and gave the company an "equal weight" rating in a report on Thursday, August 28th. UBS Group raised their price objective on shares of PVH from $146.00 to $148.00 and gave the stock a "buy" rating in a report on Thursday, August 28th. The Goldman Sachs Group lifted their target price on PVH from $81.00 to $91.00 and gave the company a "buy" rating in a research report on Thursday, August 28th. Finally, Morgan Stanley upped their price target on PVH from $64.00 to $70.00 and gave the stock an "equal weight" rating in a research report on Thursday, August 28th. Nine research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company's stock. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of $95.27.

PVH Stock Up 1.2%

Shares of NYSE PVH opened at $86.80 on Monday. The stock has a 50-day moving average price of $79.99 and a two-hundred day moving average price of $74.48. The company has a market cap of $4.18 billion, a price-to-earnings ratio of 9.73, a PEG ratio of 2.73 and a beta of 1.84. PVH Corp. has a 12 month low of $59.28 and a 12 month high of $113.47. The company has a current ratio of 1.37, a quick ratio of 0.63 and a debt-to-equity ratio of 0.46.

PVH (NYSE:PVH - Get Free Report) last issued its earnings results on Tuesday, August 26th. The textile maker reported $2.52 earnings per share for the quarter, beating analysts' consensus estimates of $1.97 by $0.55. The firm had revenue of $2.17 billion for the quarter, compared to analyst estimates of $2.11 billion. PVH had a net margin of 5.34% and a return on equity of 11.90%. The company's quarterly revenue was up 4.5% on a year-over-year basis. During the same quarter last year, the business posted $3.01 earnings per share. PVH has set its Q3 2025 guidance at 2.350-2.50 EPS. FY 2025 guidance at 10.750-11.00 EPS. As a group, analysts forecast that PVH Corp. will post 11.67 earnings per share for the current fiscal year.

PVH Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, September 24th. Shareholders of record on Wednesday, September 3rd were given a $0.0375 dividend. The ex-dividend date was Wednesday, September 3rd. This represents a $0.15 annualized dividend and a yield of 0.2%. PVH's dividend payout ratio (DPR) is currently 1.68%.

PVH 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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