Longleaf Partners Fund sees PVH Corp. stock as a detractor, but confident in future returns

From Yahoo Finance: 2025-04-21 08:28:00

Longleaf Partners, managed by Southeastern Asset Management, released its “Partners Fund” first quarter 2025 investor letter. The fund returned -5.14% in the first quarter, compared to the S&P 500’s -4.27% return and Russell 1000 Value’s 2.14% return. The firm’s stock price performance was volatile, but its confidence in future returns grew as the quarter progressed.

In its first-quarter 2025 investor letter, Longleaf Partners Fund highlighted stocks such as PVH Corp. (NYSE:PVH). PVH Corp. (NYSE:PVH) is an apparel company. The one-month return of PVH Corp. (NYSE:PVH) was 6.31%, and its shares lost 35.17% of their value over the last 52 weeks. On April 17, 2025, PVH Corp. (NYSE:PVH) stock closed at $68.92 per share with a market capitalization of $3.63 billion.

PVH Corp. (NYSE:PVH) was a detractor for the quarter due to consumer discretionary spending pressures and being placed on China’s restricted list. Despite challenges, PVH reported solid results and new share repurchase authorizations, leading to positive stock reactions. The company’s focus is on closing the price to value gap for investors.

PVH Corp. (NYSE:PVH) is not among the 30 Most Popular Stocks Among Hedge Funds, but 28 hedge fund portfolios held it at the end of the fourth quarter. While PVH has potential, AI stocks are seen as offering greater returns within a shorter timeframe. Investors looking for promising AI stocks at a discount can explore further options.



Read more at Yahoo Finance: Here are the Key Factors that Weighed on PVH Corp. (PVH) Stock Price