PVH (NYSE:PVH) Shares Down 11.3% – What’s Next?

PVH Corp. (NYSE:PVH)’s stock price fell 11.3% on Thursday . The stock traded as low as $76.46 and last traded at $77.6150. 909,177 shares were traded during trading, a decline of 27% from the average session volume of 1,245,238 shares. The stock had previously closed at $87.55.

Analysts Set New Price Targets

Several research analysts have commented on PVH shares. Telsey Advisory Group reaffirmed an “outperform” rating and issued a $95.00 price target on shares of PVH in a research report on Thursday. Jefferies Financial Group reiterated a “buy” rating on shares of PVH in a research note on Thursday, October 23rd. Wall Street Zen upgraded shares of PVH from a “hold” rating to a “buy” rating in a research report on Sunday, October 12th. JPMorgan Chase & Co. boosted their price objective on shares of PVH from $82.00 to $83.00 and gave the stock a “neutral” rating in a report on Thursday. Finally, UBS Group reiterated a “buy” rating and issued a $148.00 target price on shares of PVH in a research note on Tuesday, November 25th. Ten investment analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $94.25.

PVH Price Performance

The company has a quick ratio of 0.63, a current ratio of 1.37 and a debt-to-equity ratio of 0.46. The company’s 50-day moving average is $81.12 and its 200-day moving average is $78.02. The stock has a market cap of $3.76 billion, a price-to-earnings ratio of 8.77, a price-to-earnings-growth ratio of 2.69 and a beta of 1.74.

PVH (NYSE:PVH) last issued its earnings results on Wednesday, December 3rd. The textile maker reported $2.83 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.56 by $0.27. The business had revenue of $2.29 billion during the quarter, compared to analysts’ expectations of $2.28 billion. PVH had a return on equity of 11.90% and a net margin of 5.34%.PVH’s quarterly revenue was up 1.7% compared to the same quarter last year. During the same period in the prior year, the firm posted $3.03 EPS. PVH has set its Q4 2025 guidance at 3.200-3.350 EPS and its FY 2025 guidance at 10.850-11.000 EPS. Equities research analysts expect that PVH Corp. will post 11.67 earnings per share for the current fiscal year.

PVH Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, December 17th. Investors of record on Wednesday, November 26th will be issued a dividend of $0.0375 per share. This represents a $0.15 annualized dividend and a yield of 0.2%. The ex-dividend date of this dividend is Wednesday, November 26th. PVH’s dividend payout ratio (DPR) is currently 1.68%.

Institutional Investors Weigh In On PVH

A number of hedge funds and other institutional investors have recently bought and sold shares of PVH. Pzena Investment Management LLC raised its position in PVH by 4.0% in the 2nd quarter. Pzena Investment Management LLC now owns 6,407,637 shares of the textile maker’s stock valued at $439,564,000 after purchasing an additional 246,070 shares during the last quarter. Allspring Global Investments Holdings LLC raised its holdings in shares of PVH by 0.8% in the third quarter. Allspring Global Investments Holdings LLC now owns 2,072,713 shares of the textile maker’s stock valued at $176,471,000 after buying an additional 15,700 shares during the last quarter. LSV Asset Management lifted its position in PVH by 47.8% during the 3rd quarter. LSV Asset Management now owns 1,963,303 shares of the textile maker’s stock worth $164,466,000 after buying an additional 634,887 shares in the last quarter. American Century Companies Inc. grew its holdings in PVH by 19.9% during the 3rd quarter. American Century Companies Inc. now owns 1,270,040 shares of the textile maker’s stock worth $106,391,000 after acquiring an additional 210,885 shares during the last quarter. Finally, Barclays PLC increased its position in PVH by 68.4% in the 3rd quarter. Barclays PLC now owns 1,197,009 shares of the textile maker’s stock valued at $100,273,000 after acquiring an additional 486,210 shares in the last quarter. 97.25% of the stock is owned by institutional investors and hedge funds.

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.