PVH Corp. Declares Dividend#
PVH Corp., known for its popular brands Calvin Klein and Tommy Hilfiger, has announced a quarterly cash dividend of $0.0375 per share. This dividend will be paid on June 24, 2026, to shareholders who are on record as of June 3, 2026.
Company Overview#
Operating in over 40 countries, PVH Corp. has seen its stock price increase by 38% this year, currently trading at $90.52. The company has a market capitalization of $4.15 billion and has been rated with a "GOOD" financial health score, indicating a stable financial position.
Strong Earnings Report#
In addition to the dividend announcement, PVH Corp. recently reported impressive earnings for the fourth quarter of 2026. The company achieved earnings per share (EPS) of $3.82, which exceeded analysts' expectations of $3.30. Furthermore, PVH's revenue reached $2.51 billion, surpassing the anticipated $2.43 billion.
Analyst Updates#
Following these positive results, Needham, a financial services firm, has raised its price target for PVH Corp. from $100 to $107, while maintaining a Buy rating. They also revised their EPS forecasts for the fiscal years 2026 and 2027, increasing them to $12.06 and $13.40, respectively, from previous estimates of $11.77 and $13.12. These updates reflect the recent positive momentum for PVH Corp.