PVH (NYSE:PVH) CEO Buys 14,179 Shares of Stock

PVH Corp. (NYSE:PVHGet Free Report) CEO Stefan Larsson bought 14,179 shares of the firm’s stock in a transaction on Friday, September 11th. The shares were purchased at an average price of $70.53 per share, for a total transaction of $1,000,044.87. Following the purchase, the chief executive officer owned 349,889 shares in the company, valued at $24,677,671.17. This trade represents a 4.22% increase in their position. The purchase was disclosed in a document filed with the SEC, which is available at the SEC website.

PVH Price Performance

Shares of PVH traded up $1.23 during mid-day trading on Friday, reaching $70.58. The stock had a trading volume of 873,238 shares, compared to its average volume of 1,015,107. The business has a fifty day moving average of $79.06 and a 200 day moving average of $79.15. The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.93 and a current ratio of 1.65. The firm has a market cap of $3.26 billion, a price-to-earnings ratio of -19.08, a PEG ratio of 0.87 and a beta of 1.72. PVH Corp. has a 12 month low of $59.60 and a 12 month high of $100.75.

PVH (NYSE:PVHGet Free Report) last released its earnings results on Wednesday, September 2nd. The textile maker reported $3.70 earnings per share for the quarter, beating analysts’ consensus estimates of $3.08 by $0.62. The company had revenue of $2.10 billion for the quarter, compared to analysts’ expectations of $2.09 billion. PVH had a negative net margin of 1.89% and a positive return on equity of 11.94%. PVH’s revenue for the quarter was down 3.2% on a year-over-year basis. During the same quarter in the previous year, the company earned $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. Equities analysts predict that PVH Corp. will post 12.06 EPS for the current year.

PVH Announces Dividend

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

Hedge Funds Weigh In On PVH

Institutional investors have recently added to or reduced their stakes in the company. Danske Bank A S bought a new position in shares of PVH during the 3rd quarter valued at approximately $25,000. Global Retirement Partners LLC purchased a new position in shares of PVH in the second quarter valued at $26,000. Eurizon Capital SGR S.p.A. bought a new stake in PVH in the fourth quarter worth $36,000. Allworth Financial LP purchased a new stake in PVH during the second quarter valued at $41,000. Finally, Meeder Asset Management Inc. bought a new position in PVH during the fourth quarter valued at $48,000. Hedge funds and other institutional investors own 97.25% of the company’s stock.

Analysts Set New Price Targets

PVH has been the topic of a number of research analyst reports. Weiss Ratings raised PVH from a “hold (c-)” rating to a “hold (c)” rating in a report on Tuesday, September 1st. Telsey Advisory Group reaffirmed a “market perform” rating and set a $79.00 price objective on shares of PVH in a report on Friday, September 4th. UBS Group reissued a “buy” rating on shares of PVH in a report on Friday, September 4th. Evercore set a $79.00 target price on shares of PVH and gave the stock an “in-line” rating in a research report on Thursday, June 4th. Finally, The Goldman Sachs Group cut their target price on shares of PVH from $93.00 to $87.00 and set a “buy” rating for the company in a research note on Friday, June 5th. Six investment analysts have rated the stock with a Buy rating, six have given a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, PVH currently has a consensus rating of “Hold” and an average target price of $86.55.

Check Out Our Latest Stock Report on PVH

PVH Company Profile

(Get Free Report)

PVH Corp. (NYSE: PVH) is a global apparel company that owns and operates internationally recognized fashion brands. Its principal brands are Calvin Klein and Tommy Hilfiger, which offer clothing, accessories, footwear, underwear, and related lifestyle products across a range of consumer categories.

The company sells its products through wholesale customers, company-operated and franchised stores, e-commerce platforms, and licensing arrangements. PVH serves customers in North America, Europe, the Asia-Pacific region, and other international markets through its retail, digital, and distribution networks.

PVH traces its origins to 1881 and has expanded through brand development and acquisitions, including its acquisition of Tommy Hilfiger and the Calvin Klein business.

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