SCHEDULE: Pzena Investment Management Discloses 13.4% Stake in PVH Corp.

Pzena Investment Management LLC has reported a beneficial ownership of 13.4% of PVH Corp.'s Common Stock, totaling 6,465,818 shares, as of June 30, 2025.

Summary

• Pzena Investment Management LLC, a Delaware-based investment adviser, filed an Amendment No. 2 to Schedule 13G regarding its beneficial ownership in PVH Corp. /DE/.
• The filing indicates beneficial ownership of 6,465,818 shares of PVH Corp.'s Common Stock.
• This aggregate amount represents 13.4% of the class of securities.
• Pzena Investment Management LLC holds sole voting power over 5,340,898 shares and sole dispositive power over all 6,465,818 shares.
• The securities were acquired and are held in the ordinary course of business, not for the purpose of changing or influencing the control of PVH Corp.
• Clients of Pzena Investment Management LLC have the right to receive dividends and proceeds from the sale of these securities, with no single client holding more than five percent of the class.

Sentiment

Score: 6

Explanation: The filing is a routine disclosure of a significant beneficial ownership stake by an investment adviser. While not directly positive or negative about the company's operational performance, a large institutional holding can be viewed as a vote of confidence, hence slightly positive.

Positives

• Pzena Investment Management LLC, a notable investment adviser, has disclosed a significant 13.4% beneficial ownership stake in PVH Corp., which may be interpreted as a vote of confidence in the company's value and prospects.

Future Outlook

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

Management Comments

• "The securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under 240.14a-11."

Industry Context

This filing reflects a routine disclosure by an institutional investor of a significant equity stake in a publicly traded company within the apparel industry. Such disclosures are standard practice for large asset managers reporting their holdings above a certain threshold.

Stakeholder Impact

• Shareholders: The disclosure of a significant stake by a reputable investment manager like Pzena Investment Management LLC could be perceived positively, potentially signaling institutional confidence in PVH Corp.'s value.

Next Steps

• Pzena Investment Management LLC will continue to file updates to its beneficial ownership if its stake in PVH Corp. changes significantly, as required by SEC regulations.

Key Dates

Keywords

PVH Corp, Pzena Investment Management, Schedule 13G, Beneficial Ownership, Common Stock, Investment Adviser, SEC Filing, Institutional Ownership, Equity Stake