Saxon Interests Inc. Makes New $817,000 Investment in PVH Corp. $PVH

Saxon Interests Inc. bought a new stake in PVH Corp. (NYSE:PVH) in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 11,716 shares of the textile maker’s stock, valued at approximately $817,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in PVH. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in PVH by 26.6% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 24,931 shares of the textile maker’s stock worth $1,612,000 after purchasing an additional 5,240 shares during the last quarter. Goldman Sachs Group Inc. raised its holdings 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 worth $35,778,000 after buying an additional 245,740 shares in the last quarter. Caxton Associates LLP bought a new stake in shares of PVH during the 1st quarter worth $226,000. United Services Automobile Association bought a new stake in shares of PVH during the 1st quarter worth $240,000. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in PVH by 9.3% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 353,847 shares of the textile maker’s stock valued at $22,873,000 after buying an additional 30,077 shares in the last quarter. Institutional investors own 97.25% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have commented on the company. JPMorgan Chase & Co. lowered their target price on PVH from $79.00 to $70.00 and set a “neutral” rating for the company in a research note on Thursday, June 4th. Telsey Advisory Group reaffirmed a “market perform” rating and set a $74.00 price target on shares of PVH in a report on Wednesday, April 1st. Wall Street Zen cut shares of PVH from a “buy” rating to a “hold” rating in a research report on Saturday, June 6th. Needham & Company LLC cut their target price on shares of PVH from $107.00 to $102.00 and set a “buy” rating on the stock in a research report on Thursday, June 4th. Finally, Zacks Research cut shares of PVH from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, June 23rd. Seven equities research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company has an average rating of “Hold” and an average price target of $84.71.

PVH Price Performance

Shares of PVH opened at $77.20 on Wednesday. The business has a 50-day moving average of $83.21 and a 200-day moving average of $74.94. 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 company has a market capitalization of $3.56 billion, a price-to-earnings ratio of 24.43, a price-to-earnings-growth ratio of 1.13 and a beta of 1.75. PVH Corp. has a 1 year low of $59.60 and a 1 year high of $100.75.

PVH (NYSE:PVH) last released its quarterly earnings results on Wednesday, June 3rd. The textile maker reported $2.01 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.80 by $0.21. The firm 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%. The company’s revenue was up 2.1% compared to the same quarter last year. During the same quarter last year, the business earned $2.30 EPS. PVH has set its Q2 2026 guidance at 3.000-3.10 EPS and its FY 2026 guidance at 11.800-12.10 EPS. As a group, equities research analysts anticipate that PVH Corp. will post 12.03 earnings per share for the current year.

PVH Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, June 24th. Investors of record on Wednesday, June 3rd were issued a $0.0375 dividend. The ex-dividend date was Wednesday, June 3rd. This represents a $0.15 annualized dividend and a yield of 0.2%. PVH’s payout ratio is presently 4.75%.

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.