Redwood Investment Management LLC Makes New Investment in PVH Corp. $PVH

Redwood Investment Management LLC purchased a new stake in shares of PVH Corp. (NYSE:PVH) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 15,668 shares of the textile maker’s stock, valued at approximately $1,164,000.

Several other institutional investors and hedge funds have also recently made changes to their positions in PVH. Principal Financial Group Inc. grew its stake in PVH by 2.2% in the fourth quarter. Principal Financial Group Inc. now owns 563,629 shares of the textile maker’s stock valued at $37,774,000 after purchasing an additional 12,279 shares during the last quarter. Fifth Third Bancorp lifted its position in shares of PVH by 5,248.4% during the first quarter. Fifth Third Bancorp now owns 30,165 shares of the textile maker’s stock valued at $2,104,000 after buying an additional 29,601 shares during the last quarter. Hsbc Holdings PLC lifted its position in shares of PVH by 391.1% during the first quarter. Hsbc Holdings PLC now owns 42,250 shares of the textile maker’s stock valued at $2,928,000 after buying an additional 33,646 shares during the last quarter. Bastion Asset Management Inc. bought a new stake in shares of PVH in the 1st quarter valued at about $1,087,000. Finally, First Trust Advisors LP boosted its holdings in shares of PVH by 25.0% in the 1st quarter. First Trust Advisors LP now owns 132,823 shares of the textile maker’s stock valued at $9,266,000 after buying an additional 26,569 shares in the last quarter. 97.25% of the stock is currently owned by institutional investors.

PVH Price Performance

Shares of NYSE:PVH opened at $78.39 on Thursday. PVH Corp. has a twelve month low of $59.60 and a twelve month high of $100.75. The company has a current ratio of 1.68, a quick ratio of 0.93 and a debt-to-equity ratio of 0.46. The company has a market cap of $3.61 billion, a PE ratio of 24.81, a price-to-earnings-growth ratio of 1.10 and a beta of 1.74. The company’s 50 day moving average is $79.61 and its 200 day moving average is $78.90.

PVH (NYSE:PVH) last announced its quarterly earnings data on Wednesday, June 3rd. The textile maker reported $2.01 EPS for the quarter, beating the consensus estimate of $1.80 by $0.21. The business had revenue of $2.03 billion during the quarter, compared to analysts’ expectations of $2 billion. PVH had a net margin of 1.76% and a return on equity of 10.87%. The business’s quarterly revenue was up 2.1% compared to the same quarter last year. During the same period in the previous year, the business posted $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. On average, sell-side analysts forecast that PVH Corp. will post 12.01 EPS for the current year.

PVH Dividend Announcement

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

Analysts Set New Price Targets

Several research analysts recently commented on PVH shares. Wall Street Zen lowered shares of PVH from a “buy” rating to a “hold” rating in a research note on Saturday, June 6th. UBS Group cut their price target on shares of PVH from $130.00 to $121.00 and set a “buy” rating on the stock in a report on Friday, June 5th. Evercore set a $79.00 price target on PVH and gave the stock an “in-line” rating in a research report on Thursday, June 4th. JPMorgan Chase & Co. reiterated an “underweight” rating and set a $84.00 price objective (up from $70.00) on shares of PVH in a report on Tuesday, August 4th. Finally, The Goldman Sachs Group lowered their price objective on PVH from $93.00 to $87.00 and set a “buy” rating for the company in a research report on Friday, June 5th. Six equities 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 company’s stock. According to MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $85.42.

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.