Pzena Investment Management LLC Takes Position in PVH Corp. $PVH

Key Points

• Pzena Investment Management acquired 5.99 million PVH shares worth approximately $444.6 million, giving it a 12.98% stake and making PVH its 23rd-largest holding. Institutional investors collectively own 97.25% of the company.
• PVH reported quarterly EPS of $2.01, beating estimates of $1.80, while revenue rose 2.1% year over year to $2.03 billion. The company issued fiscal 2026 EPS guidance of $11.80–$12.10.
• PVH shares opened at $77.93 after declining 5.5%; analysts have a consensus “Hold” rating and an average price target of $86.62. The company also declared a quarterly dividend of $0.0375 per share, equivalent to a 0.2% annual yield.

Pzena Investment Management LLC purchased a new position in shares of PVH Corp. (NYSE:PVH - Free Report) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 5,986,677 shares of the textile maker's stock, valued at approximately $444,571,000. PVH comprises 1.3% of Pzena Investment Management LLC's holdings, making the stock its 23rd biggest holding. Pzena Investment Management LLC owned about 12.98% of PVH as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in PVH. Principal Financial Group Inc. grew its position in PVH by 2.2% during the 4th quarter. Principal Financial Group Inc. now owns 563,629 shares of the textile maker's stock worth $37,774,000 after purchasing an additional 12,279 shares during the last quarter. Fifth Third Bancorp boosted its stake in shares of PVH by 5,248.4% during the first quarter. Fifth Third Bancorp now owns 30,165 shares of the textile maker's stock worth $2,104,000 after buying an additional 29,601 shares during the period. Hsbc Holdings PLC boosted its stake in shares of PVH by 391.1% during the first quarter. Hsbc Holdings PLC now owns 42,250 shares of the textile maker's stock worth $2,928,000 after buying an additional 33,646 shares during the period. Bastion Asset Management Inc. purchased a new position in shares of PVH during the first quarter worth about $1,087,000. Finally, Allspring Global Investments Holdings LLC increased its position in PVH by 2.0% in the 1st quarter. Allspring Global Investments Holdings LLC now owns 2,262,489 shares of the textile maker's stock valued at $173,216,000 after acquiring an additional 44,346 shares during the period. Hedge funds and other institutional investors own 97.25% of the company's stock.

PVH Trading Down 5.5%

Shares of PVH stock opened at $77.93 on Tuesday. The company has a market capitalization of $3.59 billion, a price-to-earnings ratio of 24.66, a PEG ratio of 1.22 and a beta of 1.74. The company has a current ratio of 1.68, a quick ratio of 0.93 and a debt-to-equity ratio of 0.46. The firm has a 50-day moving average price of $80.02 and a 200 day moving average price of $78.18. PVH Corp. has a twelve month low of $59.60 and a twelve month high of $100.75.

PVH (NYSE:PVH - Get Free Report) last announced its earnings results on Wednesday, June 3rd. The textile maker reported $2.01 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.80 by $0.21. The firm had revenue of $2.03 billion for the quarter, compared to analyst estimates of $2 billion. PVH had a net margin of 1.76% and a return on equity of 10.87%. PVH's revenue was up 2.1% compared to the same quarter last year. During the same quarter last year, the business earned $2.30 earnings per share. PVH has set its Q2 2026 guidance at 3.000-3.10 EPS and its FY 2026 guidance at 11.800-12.10 EPS. Research analysts forecast that PVH Corp. will post 12.01 earnings per share for the current fiscal year.

PVH Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, September 23rd. Shareholders of record on Wednesday, September 2nd will be paid a $0.0375 dividend. This represents a $0.15 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date of this dividend is Wednesday, September 2nd. PVH's dividend payout ratio (DPR) is presently 4.75%.

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on the company. BTIG Research reaffirmed a "buy" rating and set a $100.00 price objective on shares of PVH in a research report on Friday, June 5th. The Goldman Sachs Group decreased their price target on PVH from $93.00 to $87.00 and set a "buy" rating for the company in a report on Friday, June 5th. Needham & Company LLC lowered their price objective on shares of PVH from $107.00 to $102.00 and set a "buy" rating on the stock in a research report on Thursday, June 4th. Wall Street Zen cut shares of PVH from a "buy" rating to a "hold" rating in a research note on Saturday, June 6th. Finally, JPMorgan Chase & Co. restated an "underweight" rating and issued a $84.00 target price (up from $70.00) on shares of PVH in a research note on Tuesday, August 4th. Seven analysts have rated the stock with a Buy rating, six have issued a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Hold" and an average target price of $86.62.

PVH Company Profile

PVH Corp is a leading global apparel company known for its portfolio of iconic brands in the dress shirt, sportswear and lifestyle categories. The company designs, markets and distributes clothing, accessories and fragrances under both owned and licensed brands. PVH's core brand holdings include Calvin Klein and Tommy Hilfiger, complemented by a range of heritage labels such as Van Heusen, IZOD, ARROW, Warner's and Olga.

PVH's operations span the entire value chain from product design and development to manufacturing, marketing and distribution.

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