Pzena Investment Management LLC Has $439.56 Million Holdings in PVH Corp. $PVH

Key Points

• Pzena Investment Management LLC increased its holdings in PVH Corp. by 4.0%, now owning approximately 13.33% of the company, valued at about $439.56 million.
• PVH's stock experienced a 5.4% decline recently, with a current trading price of $76.40, and the company reported better-than-expected earnings, with an EPS of $2.52.
• The firm also announced a quarterly dividend of $0.0375 per share, reflecting an annualized yield of 0.2%.

Pzena Investment Management LLC raised its holdings in PVH Corp. (NYSE:PVH - Free Report) by 4.0% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 6,407,637 shares of the textile maker's stock after buying an additional 246,070 shares during the quarter. PVH accounts for approximately 1.4% of Pzena Investment Management LLC's holdings, making the stock its 24th biggest holding. Pzena Investment Management LLC owned approximately 13.33% of PVH worth $439,564,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. UMB Bank n.a. increased its holdings in PVH by 63.3% in the 2nd quarter. UMB Bank n.a. now owns 619 shares of the textile maker's stock valued at $42,000 after buying an additional 240 shares during the period. Smartleaf Asset Management LLC increased its holdings in PVH by 30.0% in the 1st quarter. Smartleaf Asset Management LLC now owns 802 shares of the textile maker's stock valued at $52,000 after buying an additional 185 shares during the period. Allworth Financial LP increased its holdings in PVH by 78.2% in the 1st quarter. Allworth Financial LP now owns 930 shares of the textile maker's stock valued at $60,000 after buying an additional 408 shares during the period. Mirae Asset Global Investments Co. Ltd. increased its holdings in PVH by 45.6% in the 2nd quarter. Mirae Asset Global Investments Co. Ltd. now owns 907 shares of the textile maker's stock valued at $62,000 after buying an additional 284 shares during the period. Finally, Blue Trust Inc. increased its holdings in PVH by 41.2% in the 2nd quarter. Blue Trust Inc. now owns 952 shares of the textile maker's stock valued at $65,000 after buying an additional 278 shares during the period. Institutional investors own 97.25% of the company's stock.

PVH Stock Down 5.4%

Shares of NYSE:PVH opened at $76.40 on Monday. PVH Corp. has a 12 month low of $59.28 and a 12 month high of $113.47. The company's 50-day moving average price is $81.55 and its two-hundred day moving average price is $75.67. 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 cap of $3.68 billion, a P/E ratio of 8.57, a P/E/G ratio of 2.41 and a beta of 1.89.

PVH (NYSE:PVH - Get Free Report) last issued its quarterly earnings data on Tuesday, August 26th. The textile maker reported $2.52 EPS for the quarter, topping analysts' consensus estimates of $1.97 by $0.55. PVH had a net margin of 5.34% and a return on equity of 11.90%. The firm had revenue of $2.17 billion for the quarter, compared to analyst estimates of $2.11 billion. During the same quarter in the prior year, the firm earned $3.01 EPS. The company's revenue was up 4.5% on a year-over-year basis. 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, research analysts forecast 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 was paid on Wednesday, September 24th. Shareholders of record on Wednesday, September 3rd were issued a dividend of $0.0375 per share. The ex-dividend date of this dividend was Wednesday, September 3rd. This represents a $0.15 dividend on an annualized basis and a yield of 0.2%. PVH's dividend payout ratio is currently 1.68%.

Analyst Upgrades and Downgrades

PVH has been the topic of several analyst reports. Telsey Advisory Group reissued an "outperform" rating and issued a $90.00 price target on shares of PVH in a report on Wednesday, August 27th. Weiss Ratings reaffirmed a "hold (c)" rating on shares of PVH in a report on Wednesday, October 8th. Wall Street Zen raised shares of PVH from a "hold" rating to a "buy" rating in a report on Sunday. TD Cowen reaffirmed a "hold" rating and issued a $74.00 target price (down previously from $98.00) on shares of PVH in a report on Wednesday, July 9th. Finally, JPMorgan Chase & Co. upped their target price on shares of PVH from $76.00 to $87.00 and gave the stock a "neutral" rating in a report on Monday, July 28th. Nine equities research analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the stock. Based on data from MarketBeat, PVH currently has an average rating of "Moderate Buy" and a consensus target price 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.

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