Nomura Asset Management Co. Ltd. Reduces Stock Position in PVH Corp. $PVH
Nomura Asset Management Co. Ltd. significantly reduced its stake in PVH Corp. by 92.8% in the fourth quarter, selling 13,263 shares and retaining 1,030 shares valued at $69,000. This reduction follows PVH's mixed Q1 results, where it beat EPS and revenue expectations but cut full-year revenue guidance due to weak EMEA demand and geopolitical uncertainty, leading to a share decline and securities investigations. Analysts remain divided on PVH, with some maintaining buy ratings while others have downgraded or trimmed price targets, indicating caution despite the company's Q1 performance.
https://www.marketbeat.com/instant-alerts/filing-nomura-asset-management-co-ltd-reduces-stock-position-in-pvh-corp-pvh-2026-06-07/