PVH (NYSE:PVH) Price Target Raised to $95.00

PVH (NYSE:PVH – Free Report) had its price target upped by Jefferies Financial Group from $91.00 to $95.00 in a research report released on Wednesday,Benzinga reports. Jefferies Financial Group currently has a buy rating on the textile maker’s stock.

Several other brokerages have also recently issued reports on PVH. Bank of America reiterated an “underperform” rating and set a $70.00 price target (down from $90.00) on shares of PVH in a research report on Thursday, June 25th. Weiss Ratings lowered shares of PVH from a “hold (c)” rating to a “sell (d)” rating in a report on Monday, September 14th. Needham & Company LLC lowered their price objective on shares of PVH from $102.00 to $95.00 and set a “buy” rating for the company in a report on Thursday, September 3rd. Telsey Advisory Group reaffirmed a “market perform” rating and set a $79.00 price objective on shares of PVH in a research report on Friday, September 4th. Finally, Zacks Research upgraded PVH from a “strong sell” rating to a “hold” rating in a report on Wednesday, September 2nd. Six research analysts have rated the stock with a Buy rating, five have issued a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat.com, PVH currently has a consensus rating of “Hold” and an average target price of $87.91.

Read Our Latest Analysis on PVH

PVH Price Performance

PVH stock opened at $84.71 on Wednesday. The stock has a market cap of $3.91 billion, a price-to-earnings ratio of -22.89, a PEG ratio of 1.07 and a beta of 1.76. The company has a quick ratio of 0.93, a current ratio of 1.65 and a debt-to-equity ratio of 0.47. The business has a 50-day simple moving average of $76.73 and a 200 day simple moving average of $81.20. PVH has a 52 week low of $59.60 and a 52 week high of $100.75.

PVH (NYSE:PVH – Get Free Report) last released its quarterly earnings results on Wednesday, September 2nd. The textile maker reported $3.70 earnings per share for the quarter, beating the consensus estimate of $3.08 by $0.62. The firm had revenue of $2.10 billion for the quarter, compared to analysts’ expectations of $2.09 billion. PVH had a positive return on equity of 11.94% and a negative net margin of 1.89%. The company’s revenue was down 3.2% compared to the same quarter last year. During the same quarter last year, the firm posted $2.52 EPS. PVH has set its Q3 2026 guidance at 2.500-2.650 EPS and its FY 2026 guidance at 11.800-12.100 EPS. On average, research analysts forecast that PVH will post 12.06 earnings per share for the current fiscal year.

PVH Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, September 23rd. Shareholders of record on Wednesday, September 2nd were issued a $0.0375 dividend. The ex-dividend date of this dividend was Wednesday, September 2nd. This represents a $0.15 dividend on an annualized basis and a yield of 0.2%. PVH’s dividend payout ratio is currently -4.05%.

Insider Buying and Selling at PVH

In other PVH news, CEO Stefan Larsson acquired 14,179 shares of the company’s stock in a transaction that occurred on Friday, September 11th. The shares were bought at an average price of $70.53 per share, with a total value of $1,000,044.87. Following the completion of the acquisition, the chief executive officer owned 349,889 shares in the company, valued at $24,677,671.17. This represents a 4.22% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 1.50% of the stock is owned by company insiders.

Institutional Trading of PVH

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Global Retirement Partners LLC purchased a new stake in shares of PVH in the 2nd quarter worth $26,000. Elevation Wealth Partners LLC raised its stake in PVH by 2,526.7% during the 3rd quarter. Elevation Wealth Partners LLC now owns 394 shares of the textile maker’s stock worth $29,000 after acquiring an additional 379 shares during the period. Mather Group LLC. raised its stake in PVH by 50.2% during the 3rd quarter. Mather Group LLC. now owns 431 shares of the textile maker’s stock worth $32,000 after acquiring an additional 144 shares during the period. Allworth Financial LP bought a new stake in PVH during the 2nd quarter worth approximately $41,000. Finally, Himension Capital Singapore PTE. LTD. purchased a new position in PVH during the first quarter valued at approximately $51,000. 97.25% of the stock is owned by hedge funds and other institutional investors.

About PVH

(Get Free Report)

PVH Corp. (NYSE: PVH) is a global apparel company that owns and operates the Calvin Klein and Tommy Hilfiger brands. Its products include clothing, accessories, footwear, underwear, and related lifestyle merchandise for women, men, and children.

The company sells its products through company-operated stores, e-commerce platforms, wholesale partners, and licensing arrangements. Calvin Klein and Tommy Hilfiger merchandise is distributed across North America, Europe, Asia-Pacific, and other international markets.

PVH traces its history to 1881 and has expanded through brand development and acquisitions, including its acquisition of Tommy Hilfiger in 2010.

Further Reading

Analyst Recommendations for PVH (NYSE:PVH)

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