PVH (NYSE:PVH) Lowered to “Strong Sell” Rating by Zacks Research

Zacks Research downgraded shares of PVH (NYSE:PVH) from a hold rating to a strong sell rating in a research note published on Tuesday morning,Zacks.com reports.

Several other brokerages have also recently issued reports on PVH. Weiss Ratings cut PVH from a “hold (c)” rating to a “hold (c-)” rating in a report on Tuesday, July 14th. Needham & Company LLC cut their price target on PVH from $107.00 to $102.00 and set a “buy” rating for the company in a report on Thursday, June 4th. Wall Street Zen downgraded PVH from a “buy” rating to a “hold” rating in a research note on Saturday, June 6th. BTIG Research reaffirmed a “buy” rating and set a $100.00 price objective on shares of PVH in a report on Friday, June 5th. Finally, Citigroup reiterated a “buy” rating on shares of PVH in a research report on Friday, June 5th. Seven research analysts have rated the stock with a Buy rating, six have given a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $86.62.

PVH Price Performance

PVH stock opened at $87.04 on Tuesday. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.93 and a current ratio of 1.68. The company’s fifty day moving average price is $80.86 and its 200-day moving average price is $76.99. PVH has a one year low of $59.60 and a one year high of $100.75. The company has a market capitalization of $4.01 billion, a PE ratio of 27.55, a price-to-earnings-growth ratio of 1.31 and a beta of 1.74.

PVH (NYSE:PVH) last posted its earnings results on Wednesday, June 3rd. The textile maker reported $2.01 earnings per share for the quarter, beating the consensus estimate of $1.80 by $0.21. The company had revenue of $2.03 billion during the quarter, compared to analysts’ expectations of $2 billion. PVH had a net margin of 1.76% and a return on equity of 10.87%. PVH’s quarterly revenue was up 2.1% on a year-over-year basis. During the same period last year, the company posted $2.30 earnings per share. PVH has set its Q2 2026 guidance at 3.000-3.10 EPS and its FY 2026 guidance at 11.800-12.10 EPS. On average, equities analysts anticipate that PVH will post 12.03 EPS for the current fiscal year.

PVH Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, September 23rd. Investors of record on Wednesday, September 2nd will be given a $0.0375 dividend. The ex-dividend date is Wednesday, September 2nd. This represents a $0.15 annualized dividend and a yield of 0.2%. PVH’s dividend payout ratio (DPR) is currently 4.75%.

Institutional Investors Weigh In On PVH

Several institutional investors have recently modified their holdings of the stock. Goldman Sachs Group Inc. boosted its stake 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 valued at $35,778,000 after purchasing an additional 245,740 shares during the period. Jupiter Asset Management Ltd. boosted its position in PVH by 87.5% during the 4th quarter. Jupiter Asset Management Ltd. now owns 406,536 shares of the textile maker’s stock valued at $27,246,000 after acquiring an additional 189,666 shares in the last quarter. LSV Asset Management raised its position in shares of PVH by 8.4% in the 4th quarter. LSV Asset Management now owns 2,127,646 shares of the textile maker’s stock worth $142,595,000 after acquiring an additional 164,343 shares in the last quarter. Invenomic Capital Management LP lifted its position in shares of PVH by 32.3% during the fourth quarter. Invenomic Capital Management LP now owns 652,967 shares of the textile maker’s stock valued at $43,762,000 after buying an additional 159,532 shares during the last quarter. Finally, Natixis Advisors LLC acquired a new stake in PVH in the third quarter valued at approximately $10,825,000. 97.25% of the stock is owned by institutional investors.

About PVH

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.