UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Sells 7,553 Shares of PVH Corp. $PVH

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC cut its holdings in PVH Corp. (NYSE:PVH) by 4.0% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 181,747 shares of the textile maker’s stock after selling 7,553 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned approximately 0.39% of PVH worth $13,497,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Pzena Investment Management LLC acquired a new position in shares of PVH during the 2nd quarter valued at about $444,571,000. BlackRock Inc. acquired a new stake in PVH in the 2nd quarter worth approximately $332,758,000. Bank of New York Mellon Corp bought a new stake in PVH during the second quarter worth approximately $25,665,000. Goldman Sachs Group Inc. grew its holdings in 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 last quarter. Finally, Man Group plc bought a new position in shares of PVH in the second quarter valued at approximately $14,894,000. 97.25% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research firms recently issued reports on PVH. Wall Street Zen lowered shares of PVH from a “buy” rating to a “hold” rating in a research note on Saturday, June 6th. Bank of America reaffirmed an “underperform” rating and issued a $70.00 price target (down from $90.00) on shares of PVH in a research report on Thursday, June 25th. Wells Fargo & Company cut their price objective on PVH from $85.00 to $78.00 and set an “equal weight” rating for the company in a research report on Friday, June 5th. Telsey Advisory Group reaffirmed a “market perform” rating and issued a $79.00 price target on shares of PVH in a research report on Friday. Finally, Citigroup reissued a “buy” rating on shares of PVH in a research report on Friday, June 5th. Six analysts have rated the stock with a Buy rating, six have assigned a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $86.55.

PVH News Summary

Here are the key news stories impacting PVH this week:

• Positive Sentiment: Adjusted earnings beat expectations: PVH reported second-quarter adjusted EPS of $3.70, well above the $3.08 consensus estimate and up from $2.52 a year earlier. The beat was helped by approximately $1.80 per share in tariff refunds, lower product costs and disciplined expenses. Revenue of roughly $2.1 billion was broadly in line with forecasts. PVH Corp. Q2 Earnings Beat on Tariff Refunds
• Positive Sentiment: Cost savings and shareholder returns support the outlook: Management reaffirmed fiscal 2026 EPS guidance of $11.80-$12.10 and is targeting $45 million in run-rate savings. PVH also plans to repurchase approximately $300 million of stock during 2026, potentially supporting per-share results and valuation. PVH forecasts fiscal 2026 EPS
• Positive Sentiment: Longer-term operating trends remain encouraging: Digital and direct-to-consumer momentum, improving margins, resilient Americas demand and growth in Asia are viewed as potential catalysts. Needham maintained a Buy rating, although it reduced its price target to $95. Should You Buy, Sell or Hold PVH Stock Post Q2 Earnings?
• Neutral Sentiment: Analyst views are mixed: Zacks upgraded PVH from Strong Sell to Hold, while JPMorgan maintained an Underweight rating and lowered its target to $83. The differing views reflect uncertainty over the pace of recovery and the stock’s earnings valuation.
• Negative Sentiment: Sales and near-term guidance remain concerns: Quarterly revenue declined year over year, pressured by weakness at Calvin Klein and international markets. Fiscal third-quarter EPS guidance of $2.50-$2.65 is materially below the $3.17 analyst consensus. PVH also reported a GAAP loss tied partly to heavy impairment charges, while tariffs, macroeconomic pressure and geopolitical disruptions could weigh on demand. PVH sales hurt by Calvin Klein declines

PVH Stock Up 2.3%

Shares of PVH stock opened at $74.10 on Friday. The stock has a market cap of $3.42 billion, a P/E ratio of -20.03, a price-to-earnings-growth ratio of 1.10 and a beta of 1.72. PVH Corp. has a one year low of $59.60 and a one year high of $100.75. The stock has a fifty day moving average price of $79.47 and a 200 day moving average price of $79.12. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.65 and a quick ratio of 0.93.

PVH (NYSE:PVH) last announced its quarterly earnings data on Wednesday, September 2nd. The textile maker reported $3.70 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.08 by $0.62. PVH had a negative net margin of 1.89% and a positive return on equity of 11.94%. The company had revenue of $2.10 billion during the quarter, compared to analysts’ expectations of $2.09 billion. During the same quarter in the prior year, the company posted $2.52 EPS. The business’s revenue was down 3.2% on a year-over-year basis. PVH has set its Q3 2026 guidance at 2.500-2.650 EPS and its FY 2026 guidance at 11.800-12.100 EPS. Analysts predict that PVH Corp. will post 12 earnings per share for the current year.

PVH Announces Dividend

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

PVH 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.