Wedbush Research Analysts Increase Earnings Estimates for PVH Corp. (NYSE:PVH)

PVH Corp. (NYSE:PVH) – Equities research analysts at Wedbush lifted their FY2026 earnings per share estimates for PVH in a research note issued to investors on Monday, April 15th. Wedbush analyst T. Nikic now anticipates that the textile maker will earn $12.84 per share for the year, up from their prior forecast of $12.56. Wedbush currently has a “Outperform” rating and a $128.00 target price on the stock. The consensus estimate for PVH’s current full-year earnings is $10.90 per share.

Several other research firms also recently commented on PVH. Barclays lowered their target price on shares of PVH from $157.00 to $149.00 and set an “overweight” rating on the stock in a research report on Thursday, April 4th. Citigroup lowered their price target on PVH from $139.00 to $120.00 and set a “neutral” rating on the stock in a research report on Wednesday, April 3rd. Bank of America lowered their price target on PVH from $156.00 to $122.00 and set a “buy” rating on the stock in a research report on Wednesday, April 3rd. JPMorgan Chase & Co. raised their price target on PVH from $146.00 to $157.00 and gave the company an “overweight” rating in a research report on Monday, April 8th. Finally, TD Cowen raised their price target on PVH from $150.00 to $160.00 and gave the company an “outperform” rating in a research report on Wednesday, March 20th. Three analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $129.40.

PVH Trading Down 1.7 %

PVH stock opened at $105.75 on Tuesday. The company has a debt-to-equity ratio of 0.31, a current ratio of 1.18 and a quick ratio of 0.66. The company has a market capitalization of $6.10 billion, a price-to-earnings ratio of 9.75, a PEG ratio of 1.02 and a beta of 2.20. PVH has a one year low of $69.27 and a one year high of $141.15. The company’s fifty day moving average price is $127.61 and its two-hundred day moving average price is $109.10.

PVH (NYSE:PVH) last posted its quarterly earnings results on Tuesday, April 2nd. The textile maker reported $3.72 earnings per share for the quarter, topping analysts’ consensus estimates of $3.51 by $0.21. PVH had a net margin of 7.20% and a return on equity of 12.96%. The business had revenue of $2.49 billion for the quarter, compared to the consensus estimate of $2.42 billion. During the same period in the prior year, the business posted $2.38 earnings per share. PVH’s revenue for the quarter was up .0% compared to the same quarter last year.

Institutional Trading of PVH

A number of institutional investors have recently bought and sold shares of PVH. Raymond James & Associates grew its holdings in PVH by 20.3% during the 1st quarter. Raymond James & Associates now owns 19,681 shares of the textile maker’s stock worth $1,508,000 after acquiring an additional 3,326 shares during the period. HighTower Advisors LLC boosted its position in shares of PVH by 17.8% during the first quarter. HighTower Advisors LLC now owns 6,146 shares of the textile maker’s stock worth $472,000 after purchasing an additional 930 shares in the last quarter. Citigroup Inc. boosted its position in shares of PVH by 29.2% during the first quarter. Citigroup Inc. now owns 35,739 shares of the textile maker’s stock worth $2,738,000 after purchasing an additional 8,081 shares in the last quarter. PNC Financial Services Group Inc. boosted its position in shares of PVH by 2.0% during the first quarter. PNC Financial Services Group Inc. now owns 11,444 shares of the textile maker’s stock worth $877,000 after purchasing an additional 226 shares in the last quarter. Finally, MetLife Investment Management LLC boosted its position in shares of PVH by 21.3% during the first quarter. MetLife Investment Management LLC now owns 19,033 shares of the textile maker’s stock worth $1,458,000 after purchasing an additional 3,336 shares in the last quarter. Institutional investors and hedge funds own 97.25% of the company’s stock.

Insider Transactions at PVH

In related news, EVP James Holmes sold 3,000 shares of the firm’s stock in a transaction that occurred on Thursday, April 11th. The shares were sold at an average price of $108.39, for a total value of $325,170.00. Following the completion of the sale, the executive vice president now owns 13,904 shares of the company’s stock, valued at $1,507,054.56. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Company insiders own 0.78% of the company’s stock.

PVH Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, March 27th. Stockholders of record on Wednesday, March 6th were issued a dividend of $0.0375 per share. This represents a $0.15 annualized dividend and a dividend yield of 0.14%. The ex-dividend date was Tuesday, March 5th. PVH’s payout ratio is 1.38%.

PVH declared that its Board of Directors has authorized a share repurchase program on Monday, April 1st that permits the company to buyback $2.00 billion in outstanding shares. This buyback authorization permits the textile maker to repurchase up to 24% of its shares through open market purchases. Shares buyback programs are usually an indication that the company’s leadership believes its stock is undervalued.

About PVH

PVH Corp. operates as an apparel company in the United States and internationally. The company operates through Tommy Hilfiger North America, Tommy Hilfiger International, Calvin Klein North America, Calvin Klein International, and Heritage Brands Wholesale segments. It designs and markets men's, women's, and children's branded apparel, footwear and accessories, underwear, sleepwear, outerwear, home furnishings, luggage, dresses, suits and swimwear, activewear, sportswear, socks and accessories, outerwear, golf products, footwear, watches and jewelry, eyeglasses and non-ophthalmic sunglasses, jeans wear, performance apparel, intimate apparel, dress shirts, handbags, fragrance, small leather goods, and other related products; and men's and boy's tailored clothing products, duvets, pillows, mattress pads and toppers, and feather beds.