Nomura Asset Management Co. Ltd. Reduces Stock Position in PVH Corp. $PVH

Market Beat
2026.06.07 09:09
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Nomura Asset Management reduced its stake in PVH Corp. by 92.8% in Q4, holding 1,030 shares valued at $69,000. Conversely, other institutions like LSV Asset Management, Barclays, and Goldman Sachs increased their positions. PVH reported strong Q1 earnings but cut full-year revenue guidance due to weak EMEA demand, leading to stock weakness and analyst downgrades. The consensus rating remains 'Hold' with an average price target of $86.14.