Voya Investment Management LLC Has $4.19 Million Position in PVH Corp. $PVH

Key Points

• Voya Investment Management LLC has reduced its stake in PVH Corp by 90.5%, bringing its ownership to approximately $4.19 million after selling over 614,000 shares in the first quarter.
• PVH's recent quarterly earnings report indicated an EPS of $2.52, significantly surpassing estimates, and the company has set guidance for Q3 2025 between $2.350 and $2.50 EPS.
• The firm declared a quarterly dividend of $0.0375 per share, resulting in an annualized yield of 0.2%, with the payment date set for September 24th.

Voya Investment Management LLC trimmed its holdings in shares of PVH Corp. (NYSE:PVH - Free Report) by 90.5% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 64,890 shares of the textile maker's stock after selling 614,872 shares during the period. Voya Investment Management LLC owned about 0.13% of PVH worth $4,194,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of PVH. Pzena Investment Management LLC raised its stake in shares of PVH by 15.1% during the 1st quarter. Pzena Investment Management LLC now owns 6,161,567 shares of the textile maker's stock worth $398,284,000 after buying an additional 807,301 shares in the last quarter. American Century Companies Inc. boosted its holdings in PVH by 76.6% in the first quarter. American Century Companies Inc. now owns 803,400 shares of the textile maker's stock valued at $51,932,000 after acquiring an additional 348,592 shares during the last quarter. Invenomic Capital Management LP acquired a new position in PVH in the first quarter valued at $20,075,000. Goldman Sachs Group Inc. lifted its stake in shares of PVH by 79.8% during the first quarter. Goldman Sachs Group Inc. now owns 553,500 shares of the textile maker's stock worth $35,778,000 after purchasing an additional 245,740 shares in the last quarter. Finally, Bragg Financial Advisors Inc lifted its stake in shares of PVH by 54.2% during the first quarter. Bragg Financial Advisors Inc now owns 382,616 shares of the textile maker's stock worth $24,732,000 after purchasing an additional 134,478 shares in the last quarter. 97.25% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at PVH

In related news, CEO Stefan Larsson acquired 15,645 shares of the business's stock in a transaction dated 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 transaction, the chief executive officer owned 269,438 shares of the company's stock, valued at approximately $17,222,476.96. The trade was a 6.16% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Company insiders own 1.20% of the company's stock.

Analyst Ratings Changes

A number of analysts have recently issued reports on the company. Bank of America lifted their target price on PVH from $76.00 to $88.00 and gave the stock a "neutral" rating in a research report on Wednesday, August 27th. Barclays lifted their target price on PVH from $83.00 to $101.00 and gave the stock an "overweight" rating in a research report on Wednesday, August 27th. Morgan Stanley lifted their target price on PVH from $64.00 to $70.00 and gave the stock an "equal weight" rating in a research report on Thursday, August 28th. Wells Fargo & Company lifted their target price on PVH from $80.00 to $88.00 and gave the stock an "equal weight" rating in a research report 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 report on Thursday, June 5th. Nine research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company's stock. Based on data from MarketBeat.com, PVH has a consensus rating of "Moderate Buy" and an average target price of $95.27.

PVH Stock Performance

PVH stock traded down $0.30 on Friday, reaching $86.58. The company's stock had a trading volume of 2,204,581 shares, compared to its average volume of 1,297,839. PVH Corp. has a 52 week low of $59.28 and a 52 week high of $113.47. The company has a market capitalization of $4.17 billion, a P/E ratio of 9.71, a price-to-earnings-growth ratio of 2.72 and a beta of 1.84. The firm has a fifty day moving average of $78.45 and a two-hundred day moving average of $73.81. 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 (NYSE:PVH - Get Free Report) last released its earnings results on Tuesday, August 26th. The textile maker reported $2.52 earnings per share for the quarter, topping analysts' consensus estimates of $1.97 by $0.55. The firm had revenue of $2.17 billion during the quarter, compared to the consensus estimate of $2.11 billion. PVH had a return on equity of 11.90% and a net margin of 5.34%.The firm'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 posted $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 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 given a dividend of $0.0375 per share. This represents a $0.15 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date is Wednesday, September 3rd. PVH's dividend payout ratio is 1.68%.

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.