PVH (NYSE:PVH) Announces Quarterly Earnings Results

PVH (NYSE:PVH - Get Free Report) released its quarterly earnings data on Wednesday. The textile maker reported $2.30 EPS for the quarter, topping the consensus estimate of $2.24 by $0.06, Zacks reports. PVH had a net margin of 8.13% and a return on equity of 13.66%. The company had revenue of $1.98 billion during the quarter, compared to the consensus estimate of $1.93 billion. During the same period last year, the firm earned $2.45 EPS. PVH's revenue for the quarter was up 1.6% on a year-over-year basis. PVH updated its Q2 2025 guidance to 1.850-2.00 EPS and its FY 2025 guidance to 10.750-11.00 EPS.

PVH Trading Up 2.6%

Shares of PVH traded up $1.70 during trading hours on Friday, reaching $68.00. 401,395 shares of the company traded hands, compared to its average volume of 1,055,312. The company's fifty day moving average price is $74.89 and its two-hundred day moving average price is $84.77. The company has a market capitalization of $3.26 billion, a price-to-earnings ratio of 5.52, a price-to-earnings-growth ratio of 0.77 and a beta of 1.89. The company has a quick ratio of 0.69, a current ratio of 1.29 and a debt-to-equity ratio of 0.31. PVH has a 12 month low of $59.28 and a 12 month high of $124.68.

PVH Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, June 25th. Stockholders of record on Wednesday, June 4th will be paid a dividend of $0.0375 per share. This represents a $0.15 dividend on an annualized basis and a dividend yield of 0.22%. The ex-dividend date of this dividend is Wednesday, June 4th. PVH's payout ratio is 1.42%.

Wall Street Analyst Weigh In

Several analysts have issued reports on the stock. Morgan Stanley lowered their target price on shares of PVH from $95.00 to $86.00 and set an "equal weight" rating on the stock in a research note on Wednesday, April 2nd. UBS Group increased their target price on shares of PVH from $140.00 to $150.00 and gave the stock a "buy" rating in a research note on Wednesday, May 28th. Wall Street Zen upgraded shares of PVH from a "hold" rating to a "buy" rating in a research note on Friday, May 30th. Barclays lowered their target price on shares of PVH from $103.00 to $87.00 and set an "overweight" rating on the stock in a research note on Monday, April 28th. Finally, Wells Fargo & Company lowered their target price on shares of PVH from $100.00 to $80.00 and set an "equal weight" rating on the stock in a research note on Thursday. Six equities research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company's stock. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average price target of $102.33.

Institutional Investors Weigh In On PVH

Large investors have recently modified their holdings of the stock. Caxton Associates LLP bought a new stake in shares of PVH during the 1st quarter valued at about $226,000. United Services Automobile Association bought a new stake in shares of PVH during the 1st quarter valued at about $240,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in shares of PVH by 26.6% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 24,931 shares of the textile maker's stock valued at $1,612,000 after purchasing an additional 5,240 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in shares of PVH by 9.3% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 353,847 shares of the textile maker's stock valued at $22,873,000 after purchasing an additional 30,077 shares in the last quarter. Finally, Goldman Sachs Group Inc. boosted its stake in shares of PVH by 79.8% during the 1st quarter. Goldman Sachs Group Inc. now owns 553,500 shares of the textile maker's stock valued at $35,778,000 after purchasing an additional 245,740 shares in the last quarter. Institutional investors own 97.25% of the company's stock.

PVH Company 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.