Petrus Trust Company LTA Has $354,000 Stock Position in 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 grew its position in PVH Corp. (NYSE:PVH - Free Report) by 184.7% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 5,471 shares of the textile maker's stock after acquiring an additional 3,549 shares during the period. Petrus Trust Company LTA's holdings in PVH were worth $354,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in PVH by 26.6% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 24,931 shares of the textile maker's stock worth $1,612,000 after purchasing an additional 5,240 shares in the last quarter. Invenomic Capital Management LP bought a new position in PVH during the first quarter valued at about $20,075,000. Vident Advisory LLC boosted its position in PVH by 12.4% during the first quarter. Vident Advisory LLC now owns 11,310 shares of the textile maker's stock worth $731,000 after purchasing an additional 1,244 shares during the period. Magnetar Financial LLC boosted its position in shares of PVH by 100.5% in the first quarter. Magnetar Financial LLC now owns 18,500 shares of the textile maker's stock valued at $1,196,000 after acquiring an additional 9,274 shares during the period. Finally, Eisler Capital Management Ltd. purchased a new stake in PVH in the first quarter valued at approximately $570,000. Institutional investors and hedge funds own 97.25% of the company's stock.

Insider Activity at PVH

In other news, CEO Stefan Larsson purchased 15,645 shares of the firm's stock in a transaction dated Thursday, June 26th. The stock was bought 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 directly 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 transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders own 1.20% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on PVH shares. BMO Capital Markets dropped their price target on shares of PVH from $93.00 to $84.00 and set a "market perform" rating on the stock in a research note on Thursday, June 5th. Wall Street Zen upgraded PVH from a "hold" rating to a "buy" rating in a research report on Friday, May 30th. Jefferies Financial Group upgraded PVH from a "hold" rating to a "buy" rating and boosted their price target for the stock from $70.00 to $105.00 in a research note on Wednesday, May 14th. Cowen restated a "buy" rating on shares of PVH in a research report on Friday, June 6th. Finally, JPMorgan Chase & Co. upped their target price on PVH from $76.00 to $87.00 and gave the company a "neutral" rating in a report on Monday, July 28th. Nine analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company's stock. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average target price of $95.27.

PVH Stock Performance

PVH stock traded down $0.74 on Wednesday, reaching $81.60. The company's stock had a trading volume of 963,872 shares, compared to its average volume of 1,280,243. The company has a market capitalization of $3.93 billion, a P/E ratio of 9.15, a price-to-earnings-growth ratio of 2.59 and a beta of 1.84. The company has a debt-to-equity ratio of 0.46, a current ratio of 1.37 and a quick ratio of 0.63. PVH Corp. has a 52 week low of $59.28 and a 52 week high of $113.47. The firm has a fifty day moving average of $76.96 and a two-hundred day moving average of $73.35.

PVH (NYSE:PVH - Get Free Report) last released its earnings results on Tuesday, August 26th. The textile maker reported $2.52 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.97 by $0.55. The company had revenue of $2.17 billion during the quarter, compared to analyst estimates of $2.11 billion. PVH had a return on equity of 11.90% and a net margin of 5.34%.The company's revenue for the quarter was up 4.5% on a year-over-year basis. During the same quarter in the prior year, the company earned $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 predict that PVH Corp. will post 11.67 EPS for the current fiscal year.

PVH Announces Dividend

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