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

PVH (NYSE:PVH) was downgraded by investment analysts at Zacks Research from a “strong-buy” rating to a “hold” rating in a note issued to investors on Tuesday,Zacks.com reports.

A number of other equities analysts have also recently weighed in on the stock. Telsey Advisory Group reaffirmed a “market perform” rating and set a $74.00 price objective on shares of PVH in a research report on Wednesday, April 1st. BTIG Research restated a “buy” rating and set a $100.00 price target on shares of PVH in a research note on Friday, June 5th. Weiss Ratings upgraded PVH from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Monday, June 8th. Needham & Company LLC dropped their price objective on PVH from $107.00 to $102.00 and set a “buy” rating for the company in a research note on Thursday, June 4th. Finally, JPMorgan Chase & Co. cut their price objective on PVH from $79.00 to $70.00 and set a “neutral” rating on the stock in a report on Thursday, June 4th. Seven research analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the company. Based on data from MarketBeat.com, PVH has a consensus rating of “Hold” and an average target price of $86.14.

PVH Trading Down 1.1%

NYSE PVH opened at $72.61 on Tuesday. The firm’s 50-day moving average is $86.48 and its two-hundred day moving average is $74.95. PVH has a 12 month low of $59.60 and a 12 month high of $100.75. The company has a debt-to-equity ratio of 0.46, a current ratio of 1.68 and a quick ratio of 0.93. The stock has a market capitalization of $3.35 billion, a P/E ratio of 22.98, a PEG ratio of 0.98 and a beta of 1.71.

PVH (NYSE:PVH) last announced its earnings results on Wednesday, June 3rd. The textile maker reported $2.01 earnings per share for the quarter, topping the consensus estimate of $1.80 by $0.21. The company had revenue of $2.03 billion during the quarter, compared to analyst estimates of $2 billion. PVH had a net margin of 1.76% and a return on equity of 10.87%. PVH’s revenue was up 2.1% compared to the same quarter last year. During the same quarter last year, the firm 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, sell-side analysts anticipate that PVH will post 12.06 earnings per share for the current year.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of PVH. NewEdge Advisors LLC grew its stake in PVH by 1.1% during the 1st quarter. NewEdge Advisors LLC now owns 16,212 shares of the textile maker’s stock worth $1,131,000 after purchasing an additional 171 shares in the last quarter. Financial Solutions Advisory Group Inc. purchased a new position in shares of PVH in the 1st quarter valued at about $385,000. Glenmede Trust Co. NA acquired a new position in shares of PVH during the first quarter worth about $202,000. Access Investment Management LLC purchased a new stake in shares of PVH during the first quarter worth approximately $7,531,000. Finally, Bank of America Corp DE increased its stake in shares of PVH by 8.5% during the first quarter. Bank of America Corp DE now owns 175,813 shares of the textile maker’s stock worth $12,265,000 after buying an additional 13,834 shares during the period. 97.25% of the stock is currently owned by hedge funds and other institutional investors.

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.