Optimize Financial Inc Grows Stake in PVH Corp. $PVH

Key Points

• Optimize Financial Inc increased its holdings in PVH Corp. by 82.9% during the 1st quarter, owning a total of 10,099 shares valued at approximately $653,000.
• PVH Corp. reported earnings of $2.52 per share for the last quarter, surpassing analyst expectations by $0.55 and showing a 4.5% increase in revenue from the previous year.
• The company recently announced a quarterly dividend of $0.0375 per share, with the dividend payout ratio currently at 1.68%.

Optimize Financial Inc increased its position in shares of PVH Corp. (NYSE:PVH - Free Report) by 82.9% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 10,099 shares of the textile maker's stock after acquiring an additional 4,576 shares during the quarter. Optimize Financial Inc's holdings in PVH were worth $653,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently bought and sold shares of PVH. Ameriprise Financial Inc. raised its stake in PVH by 0.6% during the fourth 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 during the period. Captrust Financial Advisors purchased a new position in PVH during the fourth quarter worth about $1,823,000. Ethic Inc. raised its stake in PVH by 19.5% during the fourth quarter. Ethic Inc. now owns 2,448 shares of the textile maker's stock worth $259,000 after purchasing an additional 400 shares during the period. Focus Partners Wealth purchased a new position in PVH during the fourth quarter worth about $1,060,000. Finally, Hudson Bay Capital Management LP purchased a new position in PVH during the fourth quarter worth about $5,823,000. 97.25% of the stock is owned by hedge funds and other institutional investors.

PVH Trading Down 1.0%

NYSE:PVH traded down $0.85 on Friday, reaching $81.18. 976,703 shares of the company's stock were exchanged, compared to its average volume of 1,411,482. The company has a quick ratio of 0.63, a current ratio of 1.37 and a debt-to-equity ratio of 0.46. The firm has a market capitalization of $3.91 billion, a price-to-earnings ratio of 9.10, a price-to-earnings-growth ratio of 2.57 and a beta of 1.84. The business has a fifty day moving average of $77.14 and a 200-day moving average of $73.38. PVH Corp. has a 52-week low of $59.28 and a 52-week high of $113.47.

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 company 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 business's revenue for the quarter was up 4.5% compared to the same quarter last year. During the same period in the prior year, the firm 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 expect that PVH Corp. will post 11.67 earnings per share for the current year.

PVH Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 24th. Stockholders of record on Wednesday, September 3rd will be paid a $0.0375 dividend. This represents a $0.15 annualized dividend and a dividend yield of 0.2%. The ex-dividend date is Wednesday, September 3rd. PVH's dividend payout ratio (DPR) is presently 1.68%.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on the stock. Telsey Advisory Group reaffirmed an "outperform" rating and set a $90.00 target price on shares of PVH in a research note on Wednesday, August 27th. JPMorgan Chase & Co. increased their target price on shares of PVH from $76.00 to $87.00 and gave the stock a "neutral" rating in a research note on Monday, July 28th. Morgan Stanley increased their target price on shares of PVH from $64.00 to $70.00 and gave the stock an "equal weight" rating in a research note on Thursday, August 28th. UBS Group increased their target price on shares of PVH from $146.00 to $148.00 and gave the stock a "buy" rating in a research note on Thursday, August 28th. Finally, Needham & Company LLC reaffirmed a "buy" rating and set a $115.00 target price on shares of PVH in a research note on Thursday, June 5th. Nine investment analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. According to data from MarketBeat, PVH has an average rating of "Moderate Buy" and an average price target of $95.27.

Insider Activity

In related news, CEO Stefan Larsson acquired 15,645 shares of the firm's stock in a transaction dated Thursday, June 26th. The stock was acquired at an average price of $63.92 per share, for a total transaction of $1,000,028.40. Following the purchase, the chief executive officer owned 269,438 shares of the company's stock, valued at $17,222,476.96. This represents a 6.16% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 1.20% of the company's stock.

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.