Petrus Trust Company LTA Purchases 3,549 Shares of PVH Corp. $PVH

Key Points

• Petrus Trust Company LTA increased its holdings in PVH Corp. by 184.7% during Q1, obtaining a total of 5,471 shares valued at $354,000.
• Analysts rate PVH with a consensus rating of "Moderate Buy" and an average price target of $95.27, with firm's recent earnings outpacing estimates.
• CEO Stefan Larsson purchased 15,645 shares of PVH for approximately $1 million, indicating strong insider confidence in the company’s future.

Petrus Trust Company LTA boosted its holdings in PVH Corp. (NYSE:PVH - Free Report) by 184.7% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 5,471 shares of the textile maker's stock after purchasing an additional 3,549 shares during the quarter. Petrus Trust Company LTA's holdings in PVH were worth $354,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of PVH. Ameriprise Financial Inc. raised its stake in PVH by 0.6% in the 4th quarter. Ameriprise Financial Inc. now owns 215,526 shares of the textile maker's stock worth $22,792,000 after purchasing an additional 1,312 shares in the last quarter. Captrust Financial Advisors acquired a new stake in PVH in the 4th quarter worth about $1,823,000. Ethic Inc. raised its stake in PVH by 19.5% in the 4th quarter. Ethic Inc. now owns 2,448 shares of the textile maker's stock worth $259,000 after purchasing an additional 400 shares in the last quarter. Focus Partners Wealth acquired a new stake in PVH in the 4th quarter worth about $1,060,000. Finally, Hudson Bay Capital Management LP acquired a new stake in PVH in the 4th quarter worth about $5,823,000. Institutional investors and hedge funds own 97.25% of the company's stock.

Insider Activity

In related news, CEO Stefan Larsson bought 15,645 shares of the company's stock in a transaction that occurred on Thursday, June 26th. The shares were bought at an average price of $63.92 per share, for a total transaction of $1,000,028.40. Following the transaction, the chief executive officer directly owned 269,438 shares of the company's stock, valued at approximately $17,222,476.96. The trade was 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. 1.20% of the stock is owned by insiders.

PVH Trading Down 1.0%

Shares of NYSE PVH traded down $0.85 during midday trading on Friday, reaching $81.18. The stock had a trading volume of 976,703 shares, compared to its average volume of 1,287,591. The firm has a market cap of $3.91 billion, a price-to-earnings ratio of 9.10, a price-to-earnings-growth ratio of 2.58 and a beta of 1.84. PVH Corp. has a twelve month low of $59.28 and a twelve month high of $113.47. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.63 and a current ratio of 1.37. The company's 50 day moving average price is $77.30 and its 200 day moving average price is $73.37.

PVH (NYSE:PVH - Get Free Report) last issued its quarterly earnings results on Tuesday, August 26th. The textile maker reported $2.52 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.97 by $0.55. The firm 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 11.90%. The company's revenue for the quarter was up 4.5% on a year-over-year basis. During the same quarter in the previous year, the company earned $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 expect that PVH Corp. will post 11.67 EPS for the current year.

PVH Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, September 24th. Investors of record on Wednesday, September 3rd will be given a dividend of $0.0375 per share. This represents a $0.15 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date is Wednesday, September 3rd. PVH's payout ratio is presently 1.68%.

Analyst Ratings Changes

PVH has been the topic of several recent analyst reports. TD Cowen reissued 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. Wall Street Zen raised shares of PVH from a "hold" rating to a "buy" rating in a report on Friday, May 30th. Telsey Advisory Group reaffirmed an "outperform" rating and set a $90.00 price target on shares of PVH in a report on Wednesday, August 27th. Bank of America lifted their target price on shares of PVH from $76.00 to $88.00 and gave the stock a "neutral" rating in a research report on Wednesday, August 27th. Finally, Wells Fargo & Company lifted their target price on shares of PVH from $80.00 to $88.00 and gave the stock an "equal weight" rating in a research report on Thursday, August 28th. Nine equities research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company's stock. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $95.27.

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.