PVH (NYSE:PVH) Stock Price Down 6.1% – Here’s What Happened

Shares of PVH Corp. (NYSE:PVH) fell 6.1% during mid-day trading on Monday . The stock traded as low as $77.58 and last traded at $77.4240. Approximately 219,205 shares were traded during mid-day trading, a decline of 80% from the average session volume of 1,074,421 shares. The stock had previously closed at $82.47.

Wall Street Analysts Forecast Growth

A number of analysts have commented on the stock. Evercore set a $79.00 price target on shares of PVH and gave the company an “in-line” rating in a research report on Thursday, June 4th. Zacks Research lowered PVH from a “hold” rating to a “strong sell” rating in a research report on Tuesday, August 4th. Weiss Ratings downgraded PVH from a “hold (c)” rating to a “hold (c-)” rating in a research note on Tuesday, July 14th. The Goldman Sachs Group cut their target price on PVH from $93.00 to $87.00 and set a “buy” rating on the stock in a research report on Friday, June 5th. Finally, Citigroup reiterated a “buy” rating on shares of PVH in a report on Friday, June 5th. Seven research analysts have rated the stock with a Buy rating, six have issued a Hold rating and three have given a Sell rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $86.62.

PVH Stock Up 1.1%

The stock has a market cap of $3.64 billion, a price-to-earnings ratio of 25.00, a price-to-earnings-growth ratio of 1.22 and a beta of 1.74. The firm’s fifty day moving average price is $80.01 and its two-hundred day moving average price is $78.31. The company has a debt-to-equity ratio of 0.46, a current ratio of 1.68 and a quick ratio of 0.93.

PVH (NYSE:PVH) last issued its earnings results on Wednesday, June 3rd. The textile maker reported $2.01 EPS for the quarter, beating the consensus estimate of $1.80 by $0.21. PVH had a return on equity of 10.87% and a net margin of 1.76%.The company had revenue of $2.03 billion during the quarter, compared to the consensus estimate of $2 billion. During the same period last year, the business posted $2.30 EPS. The firm’s revenue for the quarter was up 2.1% compared to the same quarter last year. PVH has set its Q2 2026 guidance at 3.000-3.10 EPS and its FY 2026 guidance at 11.800-12.10 EPS. Sell-side analysts forecast that PVH Corp. will post 12.01 earnings per share for the current fiscal year.

PVH Dividend Announcement

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

Hedge Funds Weigh In On PVH

A number of institutional investors have recently modified their holdings of the company. Danske Bank A S acquired a new stake in PVH in the 3rd quarter valued at $25,000. Global Retirement Partners LLC bought a new position in shares of PVH in the second quarter valued at $26,000. Eurizon Capital SGR S.p.A. bought a new position in shares of PVH in the fourth quarter valued at $36,000. Allworth Financial LP acquired a new position in shares of PVH during the second quarter valued at about $41,000. Finally, Quarry LP acquired a new position in shares of PVH during the third quarter valued at about $58,000. 97.25% of the stock is owned by institutional investors and hedge funds.

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.