Piper Jaffray Companies reaffirmed their buy rating on shares of PVH Corp. (NYSE:PVH) in a research note published on Sunday morning. They currently have a $148.00 price objective on the textile maker’s stock.

A number of other analysts have also commented on the company. Zacks Investment Research raised PVH Corp. from a hold rating to a buy rating and set a $143.00 target price for the company in a report on Wednesday, September 20th. Barclays PLC assumed coverage on PVH Corp. in a report on Tuesday, September 19th. They issued an overweight rating and a $147.00 target price for the company. Sanford C. Bernstein assumed coverage on PVH Corp. in a report on Tuesday, September 12th. They issued a market perform rating and a $142.00 target price for the company. ValuEngine lowered PVH Corp. from a buy rating to a hold rating in a report on Friday, September 1st. Finally, Citigroup Inc. lifted their target price on PVH Corp. from $125.00 to $148.00 and gave the stock a neutral rating in a report on Friday, August 25th. Four investment analysts have rated the stock with a hold rating and fifteen have assigned a buy rating to the company. The stock presently has an average rating of Buy and a consensus target price of $139.19.

PVH Corp. (NYSE PVH) opened at 127.29 on Friday. The firm has a 50-day moving average price of $126.00 and a 200 day moving average price of $112.10. The stock has a market cap of $9.86 billion, a PE ratio of 24.27 and a beta of 0.46. PVH Corp. has a 52-week low of $84.53 and a 52-week high of $130.75.

PVH Corp. (NYSE:PVH) last posted its earnings results on Wednesday, August 23rd. The textile maker reported $1.69 EPS for the quarter, topping the Zacks’ consensus estimate of $1.65 by $0.04. The business had revenue of $2.07 billion during the quarter, compared to analyst estimates of $2.02 billion. PVH Corp. had a return on equity of 11.67% and a net margin of 4.96%. The company’s quarterly revenue was up 7.1% compared to the same quarter last year. During the same quarter last year, the company earned $1.47 EPS. On average, analysts forecast that PVH Corp. will post $7.71 earnings per share for the current fiscal year.

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The business also recently announced a quarterly dividend, which was paid on Friday, September 22nd. Investors of record on Thursday, August 24th were given a dividend of $0.038 per share. The ex-dividend date was Tuesday, August 22nd. This represents a $0.15 annualized dividend and a yield of 0.12%. PVH Corp.’s dividend payout ratio (DPR) is presently 2.87%.

In related news, EVP Mark D. Fischer sold 5,589 shares of PVH Corp. stock in a transaction on Tuesday, September 5th. The stock was sold at an average price of $128.47, for a total transaction of $718,018.83. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO Francis K. Duane sold 24,000 shares of PVH Corp. stock in a transaction on Friday, August 25th. The shares were sold at an average price of $126.86, for a total value of $3,044,640.00. The disclosure for this sale can be found here. Insiders have sold 39,307 shares of company stock worth $4,980,787 over the last quarter. 1.50% of the stock is owned by company insiders.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in PVH. US Bancorp DE lifted its position in PVH Corp. by 3.5% during the first quarter. US Bancorp DE now owns 6,158 shares of the textile maker’s stock valued at $637,000 after purchasing an additional 211 shares in the last quarter. UBS Asset Management Americas Inc. lifted its position in PVH Corp. by 12.1% during the first quarter. UBS Asset Management Americas Inc. now owns 348,342 shares of the textile maker’s stock valued at $36,043,000 after purchasing an additional 37,666 shares in the last quarter. Sei Investments Co. lifted its position in PVH Corp. by 27.7% during the first quarter. Sei Investments Co. now owns 23,913 shares of the textile maker’s stock valued at $2,474,000 after purchasing an additional 5,194 shares in the last quarter. Ameritas Investment Partners Inc. purchased a new position in PVH Corp. during the first quarter valued at $198,000. Finally, Mason Street Advisors LLC lifted its position in PVH Corp. by 1.0% during the first quarter. Mason Street Advisors LLC now owns 10,954 shares of the textile maker’s stock valued at $1,133,000 after purchasing an additional 111 shares in the last quarter. Institutional investors own 95.32% of the company’s stock.

About PVH Corp.

PVH Corp. is an apparel company. The Company operates through three segments: Calvin Klein, which consists of the Calvin Klein North America and Calvin Klein International segments; Tommy Hilfiger, which consists of the Tommy Hilfiger North America and Tommy Hilfiger International segments, and Heritage Brands, which consists of the Heritage Brands Wholesale and Heritage Brands Retail segments.

Analyst Recommendations for PVH Corp. (NYSE:PVH)

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