SCHEDULE 13G/A: FMR LLC and Abigail P. Johnson Disclose 11.7% Passive Stake in PVH Corp

FMR LLC and its affiliates, along with Abigail P. Johnson, have filed an amended Schedule 13G, reporting a combined beneficial ownership of 11.7% of PVH Corp's common stock as of April 30, 2025.

Summary

• FMR LLC and Abigail P. Johnson, through various entities, reported beneficial ownership of 6,164,225.70 shares of PVH Corp's common stock.
• This aggregate amount represents 11.7% of the total outstanding common stock of PVH Corp.
• The filing is an Amendment No. 12 to Schedule 13G, indicating an update to previous ownership disclosures.
• FMR LLC holds sole voting power over 5,997,061.80 shares and sole dispositive power over 6,164,225.70 shares.
• Abigail P. Johnson holds sole dispositive power over 6,164,225.70 shares, with no sole or shared voting power directly attributed.
• The securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of PVH Corp.
• Fidelity Management & Research Company LLC, a subsidiary of FMR LLC, is specifically noted as beneficially owning 5% or greater of the outstanding shares.
• Abigail P. Johnson is identified as a Director, Chairman, and Chief Executive Officer of FMR LLC, and a predominant owner of FMR LLC's Series B voting common shares, forming a controlling group with respect to FMR LLC.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing (Schedule 13G) disclosing beneficial ownership, which is inherently neutral in sentiment regarding the issuer's operational performance or future prospects. It simply states a factual ownership position.

Future Outlook

This Schedule 13G filing does not contain any forward-looking statements or guidance regarding PVH Corp's future outlook.

Industry Context

PVH Corp is a global apparel company known for brands such as Calvin Klein and Tommy Hilfiger. This filing indicates a significant institutional stake by FMR LLC, a major asset manager, which is a common occurrence for large, publicly traded companies in the apparel sector. The presence of a substantial institutional investor suggests a degree of confidence or strategic interest in the company within the industry.

Stakeholder Impact

• Shareholders: Provides transparency regarding a significant institutional shareholder's stake, which can influence market perception of the stock's stability or institutional interest.

Key Dates

Keywords

PVH CORP, FMR LLC, Abigail P. Johnson, Schedule 13G, Beneficial Ownership, Common Stock, Institutional Investor, Passive Investment, SEC Filing, Apparel Industry