BlackRock Inc. Ups Stake in PVH Corp (PVH)

Fintel reports that BlackRock Inc. has filed a 13G/A form with the SEC disclosing ownership of 6,042,276 shares of PVH Corp (PVH). This represents 9.5% of the company.

In their previous filing dated February 7, 2022 they reported 4,478,514 shares and 6.40% of the company, an increase in shares of 34.92% and an increase in total ownership of 3.10% (calculated as current - previous percent ownership).

Analyst Price Forecast Suggests -10.65% Downside

As of January 24, 2023, the average one-year price target for PVH is $80.52. The forecasts range from a low of $51.51 to a high of $110.25. The average price target represents a decrease of -10.65% from its latest reported closing price of $90.12.

The projected annual revenue for PVH is $8,962MM, a decrease of -0.04%. The projected annual EPS is $8.35, an increase of 24.12%.

Fund Sentiment

There are 967 funds or institutions reporting positions in PVH Corp. This is a decrease of 11 owner(s) or 1.12%.