On December 31, 2024, Richard Pzena (Trades, Portfolio) executed a notable transaction involving PVH Corp, a prominent player in the apparel industry. This transaction saw a reduction of 247,860 shares, impacting Pzena's portfolio by -0.08%. The shares were traded at a price of $105.75, leaving Pzena with a total holding of 5,408,146 shares in PVH Corp. This move reflects a strategic decision within the context of Pzena's investment philosophy, which focuses on purchasing undervalued shares of good businesses.

Richard Pzena (Trades, Portfolio): A Profile of Investment Acumen

Richard Pzena (Trades, Portfolio) is the founder and Co-Chief Investment Officer of Pzena Investment Management, LLC, a firm established in 1995. Pzena's investment philosophy is rooted in identifying undervalued companies by comparing their current share price to their long-term earnings potential. The firm seeks to determine whether price drops are temporary or permanent, capitalizing on opportunities to invest in quality businesses at low prices. Pzena's top holdings include Cognizant Technology Solutions Corp (CTSH, Financial), Baxter International Inc (BAX, Financial), and $Capital One Financial Corp(COF-N)$ (COF, Financial), among others.

PVH Corp: A Leader in Branded Apparel

PVH Corp, headquartered in New York City, is a global leader in designing and marketing branded apparel. The company is renowned for its iconic brands, Calvin Klein and Tommy Hilfiger, which generate the majority of its revenue. Operating in over 40 countries, PVH Corp has a market capitalization of $5.36 billion. The company maintains a diverse portfolio, including e-commerce sites, approximately 1,500 stores, and a robust licensing and distribution network.

Transaction Details and Portfolio Impact

The recent transaction by Richard Pzena (Trades, Portfolio) involved trading PVH Corp shares at $105.75, resulting in a total holding of 5,408,146 shares. This position now represents 1.85% of Pzena's portfolio, with a 9.70% holding in the stock. The decision to reduce shares aligns with Pzena's strategy of evaluating the long-term potential of investments and adjusting positions accordingly.

Financial Metrics and Valuation of PVH Corp

PVH Corp is currently considered fairly valued with a GF Value of $96.31 and a PE ratio of 7.85. The stock has a GF Score of 73/100, indicating likely average performance. The company's balance sheet ranks 6/10, while its profitability ranks 7/10. Despite a 14.20% revenue growth over the past three years, PVH Corp has a low growth rank of 1/10.

Performance and Growth Indicators

PVH Corp's financial health is further illustrated by its interest coverage of 8.52 and an Altman Z score of 2.41, indicating moderate financial strength. The company's Piotroski F-Score is 7, suggesting a stable financial position. However, the operating margin growth remains stagnant, reflecting challenges in operational efficiency.

Other Notable Investors in PVH Corp

Besides Richard Pzena (Trades, Portfolio), other prominent investors in PVH Corp include Mason Hawkins (Trades, Portfolio), Steven Scruggs (Trades, Portfolio), and Joel Greenblatt (Trades, Portfolio). These investors, known for their value investing strategies, highlight the potential and attractiveness of PVH Corp within the investment community.

Conclusion: Strategic Portfolio Adjustment

The reduction in PVH Corp shares by Richard Pzena (Trades, Portfolio) underscores a strategic decision aligned with the firm's investment philosophy. By evaluating the temporary or permanent nature of price drops, Pzena continues to optimize the portfolio for long-term value. The transaction, coupled with PVH Corp's financial metrics, offers valuable insights for value investors considering similar opportunities in the apparel industry.

This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.