Quantbot Technologies LP Takes Position in PVH Corp. $PVH

Key Points

• Quantbot Technologies LP recently invested approximately $3.7 million in PVH Corp, acquiring 57,633 shares and now holds 0.11% of the company's stock.
• PVH reported a Q1 EPS of $2.30, exceeding analyst estimates, with revenue of $1.98 billion, showing a year-over-year increase of 1.6%.
• The company announced a quarterly dividend of $0.0375 per share, effective September 24th, with a dividend yield of 0.2%.

Quantbot Technologies LP bought a new position in PVH Corp. (NYSE:PVH - Free Report) in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund bought 57,633 shares of the textile maker's stock, valued at approximately $3,725,000. Quantbot Technologies LP owned approximately 0.11% of PVH as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Kapitalo Investimentos Ltda purchased a new position in PVH in the fourth quarter worth $47,000. Allworth Financial LP boosted its position in PVH by 78.2% during the first 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. GAMMA Investing LLC boosted its position in PVH by 135.7% during the first quarter. GAMMA Investing LLC now owns 1,148 shares of the textile maker's stock valued at $74,000 after buying an additional 661 shares during the period. New Age Alpha Advisors LLC purchased a new stake in PVH during the first quarter valued at about $82,000. Finally, Central Pacific Bank Trust Division boosted its position in PVH by 9.7% during the first quarter. Central Pacific Bank Trust Division now owns 1,920 shares of the textile maker's stock valued at $124,000 after buying an additional 170 shares during the period. 97.25% of the stock is currently owned by hedge funds and other institutional investors.

PVH Stock Up 4.5%

Shares of PVH traded up $3.4390 on Friday, hitting $79.8090. 961,877 shares of the stock traded hands, compared to its average volume of 941,869. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.53 and a current ratio of 1.11. PVH Corp. has a one year low of $59.28 and a one year high of $113.47. The company has a market capitalization of $3.84 billion, a PE ratio of 11.26, a P/E/G ratio of 1.57 and a beta of 1.84. The business has a 50 day simple moving average of $72.24 and a 200 day simple moving average of $72.84.

PVH (NYSE:PVH - Get Free Report) last posted its earnings results on Wednesday, June 4th. The textile maker reported $2.30 EPS for the quarter, topping analysts' consensus estimates of $2.24 by $0.06. PVH had a net margin of 4.63% and a return on equity of 12.66%. The business had revenue of $1.98 billion during the quarter, compared to the consensus estimate of $1.93 billion. During the same quarter in the previous year, the firm posted $2.45 EPS. The firm's revenue was up 1.6% on a year-over-year basis. PVH has set its Q2 2025 guidance at 1.850-2.00 EPS. FY 2025 guidance at 10.750-11.00 EPS. As a group, equities analysts forecast that PVH Corp. will post 11.67 earnings per share for the current fiscal year.

PVH Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 24th. Stockholders of record on Wednesday, September 3rd will be given a dividend of $0.0375 per share. The ex-dividend date of this dividend is Wednesday, September 3rd. This represents a $0.15 dividend on an annualized basis and a dividend yield of 0.2%. PVH's payout ratio is presently 2.12%.

Wall Street Analysts Forecast Growth

PVH has been the subject of several analyst reports. Telsey Advisory Group restated an "outperform" rating and set a $90.00 price target on shares of PVH in a research report on Wednesday. Wall Street Zen upgraded shares of PVH from a "hold" rating to a "buy" rating in a research report on Friday, May 30th. TD Cowen restated a "hold" rating and set a $74.00 price target (down from $98.00) on shares of PVH in a research report on Wednesday, July 9th. Jefferies Financial Group upgraded shares of PVH from a "hold" rating to a "buy" rating and increased their target price for the stock from $70.00 to $105.00 in a report on Wednesday, May 14th. Finally, Bank of America lowered their price objective on shares of PVH from $86.00 to $76.00 and set a "neutral" rating for the company in a report on Friday, June 6th. Nine equities research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $93.40.

Insiders Place Their Bets

In related news, Director Jesper Andersen purchased 600 shares of the firm's stock in a transaction on Wednesday, June 11th. The shares were acquired at an average price of $66.10 per share, for a total transaction of $39,660.00. Following the purchase, the director directly owned 736 shares in the company, valued at $48,649.60. This trade represents a 441.18% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CEO Stefan Larsson purchased 15,645 shares of the firm's stock in a transaction on Thursday, June 26th. The stock was bought 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 in the company, valued at approximately $17,222,476.96. This represents a 6.16% increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders own 1.20% of the company's stock.

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.