Moody Aldrich Partners LLC Makes New Investment in PVH Corp. $PVH

Moody Aldrich Partners LLC acquired a new stake in PVH Corp. (NYSE:PVH) in the 2nd quarter, Holdings Channel.com reports. The institutional investor acquired 29,000 shares of the textile maker’s stock, valued at approximately $1,989,000.

A number of other institutional investors have also made changes to their positions in PVH. Allspring Global Investments Holdings LLC boosted its stake in shares of PVH by 170.6% in the second quarter. Allspring Global Investments Holdings LLC now owns 2,057,013 shares of the textile maker’s stock valued at $147,262,000 after purchasing an additional 1,296,881 shares during the period. Pzena Investment Management LLC lifted its holdings in PVH by 15.1% in 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 position in PVH by 76.6% in the 1st quarter. American Century Companies Inc. now owns 803,400 shares of the textile maker’s stock valued at $51,932,000 after buying an additional 348,592 shares during the last quarter. Invenomic Capital Management LP acquired a new stake in shares of PVH during the first quarter valued at about $20,075,000. Finally, Goldman Sachs Group Inc. increased its position 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 acquiring an additional 245,740 shares during the last quarter. 97.25% of the stock is owned by institutional investors and hedge funds.

PVH Stock Performance

PVH stock opened at $78.35 on Friday. 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 Corp. has a 12 month low of $59.28 and a 12 month high of $113.47. The company has a fifty day moving average price of $83.76 and a two-hundred day moving average price of $77.09. The company has a market cap of $3.77 billion, a PE ratio of 8.78, a P/E/G ratio of 2.54 and a beta of 1.89.

PVH (NYSE:PVH) last posted its quarterly earnings results on Tuesday, August 26th. The textile maker reported $2.52 earnings per share (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 company had revenue of $2.17 billion for the quarter, compared to the consensus estimate of $2.11 billion. During the same period last year, the firm posted $3.01 EPS. The company’s revenue for the quarter 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. Research analysts expect that PVH Corp. will post 11.67 earnings per share for the current year.

PVH Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, December 17th. Shareholders of record on Wednesday, November 26th 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 is Wednesday, November 26th. PVH’s payout ratio is presently 1.68%.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on the company. Weiss Ratings reissued a “hold (c)” rating on shares of PVH in a report on Wednesday, October 8th. BTIG Research started coverage on shares of PVH in a research report on Tuesday, October 14th. They set a “buy” rating and a $100.00 price target for the company. Wall Street Zen upgraded shares of PVH from a “hold” rating to a “buy” rating in a research note on Sunday, October 12th. JPMorgan Chase & Co. increased their price objective on shares of PVH from $76.00 to $87.00 and gave the company a “neutral” rating in a research note on Monday, July 28th. Finally, Jefferies Financial Group reissued a “buy” rating on shares of PVH in a research report on Thursday, October 23rd. Ten analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $95.13.

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.