Jupiter Asset Management Ltd. Purchases New Stake in PVH Corp. $PVH

Jupiter Asset Management Ltd. acquired a new position in shares of PVH Corp. (NYSE:PVH) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 216,870 shares of the textile maker’s stock, valued at approximately $18,167,000. Jupiter Asset Management Ltd. owned about 0.45% of PVH at the end of the most recent quarter.

A number of other large investors also recently added to or reduced their stakes in PVH. Allspring Global Investments Holdings LLC grew its position in shares of PVH by 0.8% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 2,072,713 shares of the textile maker’s stock worth $176,471,000 after buying an additional 15,700 shares during the period. LSV Asset Management boosted its stake in PVH by 47.8% in the third quarter. LSV Asset Management now owns 1,963,303 shares of the textile maker’s stock valued at $164,466,000 after acquiring an additional 634,887 shares during the last quarter. American Century Companies Inc. boosted its stake in PVH by 31.8% in the second quarter. American Century Companies Inc. now owns 1,059,155 shares of the textile maker’s stock valued at $72,658,000 after acquiring an additional 255,755 shares during the last quarter. Vaughan Nelson Investment Management L.P. acquired a new stake in PVH during the 3rd quarter worth $74,338,000. Finally, Goldman Sachs Group Inc. raised its position 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 acquiring an additional 245,740 shares during the last quarter. 97.25% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on the company. Needham & Company LLC restated a “buy” rating and issued a $100.00 price target on shares of PVH in a research report on Thursday, December 4th. Wells Fargo & Company reduced their target price on PVH from $88.00 to $85.00 and set an “equal weight” rating on the stock in a report on Friday, December 5th. JPMorgan Chase & Co. boosted their target price on PVH from $82.00 to $83.00 and gave the stock a “neutral” rating in a research report on Thursday, December 4th. BTIG Research reaffirmed a “buy” rating and issued a $100.00 price target on shares of PVH in a research note on Friday, December 5th. Finally, Wall Street Zen downgraded shares of PVH from a “buy” rating to a “hold” rating in a research report on Saturday, December 13th. Eight research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $91.60.

PVH Trading Up 3.7%

NYSE PVH opened at $72.24 on Friday. PVH Corp. has a one year low of $59.28 and a one year high of $89.79. The company has a debt-to-equity ratio of 0.46, a current ratio of 1.47 and a quick ratio of 0.72. The firm has a market cap of $3.31 billion, a P/E ratio of 10.83, a P/E/G ratio of 2.32 and a beta of 1.72. The stock’s 50-day moving average is $66.81 and its 200-day moving average is $75.92.

PVH (NYSE:PVH) last issued its quarterly earnings data on Wednesday, December 3rd. The textile maker reported $2.83 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.56 by $0.27. PVH had a return on equity of 11.44% and a net margin of 3.87%.The business had revenue of $2.29 billion during the quarter, compared to analyst estimates of $2.28 billion. During the same period in the previous year, the firm earned $3.03 EPS. PVH’s quarterly revenue was up 1.7% compared to the same quarter last year. PVH has set its Q4 2025 guidance at 3.200-3.350 EPS and its FY 2025 guidance at 10.850-11.000 EPS. Sell-side analysts anticipate that PVH Corp. will post 11.67 earnings per share for the current fiscal year.

PVH Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 25th. Investors of record on Wednesday, March 4th will be issued 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, March 4th. PVH’s dividend payout ratio (DPR) is presently 2.25%.

PVH Company Profile

PVH Corp is a leading global apparel company known for its portfolio of iconic brands in the dress shirt, sportswear and lifestyle categories. The company designs, markets and distributes clothing, accessories and fragrances under both owned and licensed brands. PVH’s core brand holdings include Calvin Klein and Tommy Hilfiger, complemented by a range of heritage labels such as Van Heusen, IZOD, ARROW, Warner’s and Olga.

PVH’s operations span the entire value chain from product design and development to manufacturing, marketing and distribution.