Jump Financial LLC Buys New Stake in PVH Corp. $PVH

Key Points

• Jump Financial LLC invested approximately $6.35 million in PVH Corp. during the first quarter by acquiring 98,176 shares, bringing its total ownership to 0.19%.
• PVH's CEO, Stefan Larsson, increased his personal stake in the company by purchasing 15,645 shares for over $1 million, while director Jesper Andersen also made a significant purchase.
• Analysts have set varied price targets for PVH, with JPMorgan Chase & Co. increasing their target from $76 to $87, while Morgan Stanley decreased theirs from $86 to $64.

Jump Financial LLC acquired a new stake in shares of PVH Corp. (NYSE:PVH - Free Report) in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 98,176 shares of the textile maker's stock, valued at approximately $6,346,000. Jump Financial LLC owned about 0.19% of PVH as of its most recent SEC filing.

Several other institutional investors have also bought and sold shares of PVH. Kapitalo Investimentos Ltda bought a new position in PVH during the fourth quarter valued at $47,000. Smartleaf Asset Management LLC lifted its position in PVH by 30.0% during the first quarter. Smartleaf Asset Management LLC now owns 802 shares of the textile maker's stock valued at $52,000 after purchasing an additional 185 shares during the last quarter. Allworth Financial LP lifted its position in PVH by 78.2% during the first quarter. Allworth Financial LP now owns 930 shares of the textile maker's stock valued at $60,000 after purchasing an additional 408 shares during the last quarter. GAMMA Investing LLC lifted its position in PVH by 135.7% during the first quarter. GAMMA Investing LLC now owns 1,148 shares of the textile maker's stock valued at $74,000 after purchasing an additional 661 shares during the last quarter. Finally, New Age Alpha Advisors LLC bought a new position in PVH during the first quarter valued at $82,000. Institutional investors own 97.25% of the company's stock.

PVH Stock Up 1.8%

NYSE PVH traded up $1.46 during trading on Thursday, reaching $83.19. 1,442,120 shares of the company's stock traded hands, compared to its average volume of 1,421,229. The company has a debt-to-equity ratio of 0.37, a current ratio of 1.11 and a quick ratio of 0.53. The firm has a market cap of $4.00 billion, a price-to-earnings ratio of 9.33, a price-to-earnings-growth ratio of 1.70 and a beta of 1.84. The company's 50 day simple moving average is $73.28 and its two-hundred day simple moving average is $72.90. PVH Corp. has a 12-month low of $59.28 and a 12-month high of $113.47.

PVH (NYSE:PVH - Get Free Report) last posted its earnings results on Tuesday, August 26th. The textile maker reported $2.52 EPS for the quarter, beating analysts' consensus estimates of $1.97 by $0.55. The business had revenue of $2.17 billion for the quarter, compared to the consensus estimate of $2.11 billion. PVH had a net margin of 5.34% and a return on equity of 11.82%. The company's revenue for the quarter was up 4.5% on a year-over-year basis. During the same quarter last year, the firm posted $3.01 EPS. 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, sell-side analysts forecast that PVH Corp. will post 11.67 EPS for the current fiscal year.

PVH Announces Dividend

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

Insider Transactions at PVH

In other news, CEO Stefan Larsson acquired 15,645 shares of the business'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 transaction, the chief executive officer directly owned 269,438 shares in the company, valued at approximately $17,222,476.96. This represents a 6.16% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Jesper Andersen bought 600 shares of the company'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 transaction, the director owned 736 shares in the company, valued at $48,649.60. The trade was a 441.18% increase in their position. The disclosure for this purchase can be found here. Company insiders own 1.20% of the company's stock.

Analyst Upgrades and Downgrades

PVH has been the subject of several research reports. JPMorgan Chase & Co. increased their price objective on shares of PVH from $76.00 to $87.00 and gave the company a "neutral" rating in a research report on Monday, July 28th. Jefferies Financial Group upgraded shares of PVH from a "hold" rating to a "buy" rating and raised their target price for the stock from $70.00 to $105.00 in a report on Wednesday, May 14th. Wells Fargo & Company raised their target price on shares of PVH from $80.00 to $88.00 and gave the stock an "equal weight" rating in a report on Thursday. BMO Capital Markets lowered their target price on shares of PVH from $93.00 to $84.00 and set a "market perform" rating for the company in a report on Thursday, June 5th. Finally, Telsey Advisory Group restated an "outperform" rating and issued a $90.00 target price on shares of PVH in a report on Wednesday. Nine research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $95.27.

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.