Hanesbrands Inc. $HBI Shares Bought by Invesco Ltd.

Invesco Ltd. lifted its position in Hanesbrands Inc. (NYSE:HBI) by 59.9% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 2,755,348 shares of the textile maker’s stock after acquiring an additional 1,032,139 shares during the quarter. Invesco Ltd. owned 0.78% of Hanesbrands worth $15,898,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. LPL Financial LLC grew its position in shares of Hanesbrands by 11.2% in the 1st quarter. LPL Financial LLC now owns 505,109 shares of the textile maker’s stock worth $2,914,000 after acquiring an additional 50,977 shares in the last quarter. Hsbc Holdings PLC grew its position in shares of Hanesbrands by 175.7% in the 4th quarter. Hsbc Holdings PLC now owns 276,547 shares of the textile maker’s stock worth $2,283,000 after acquiring an additional 176,238 shares in the last quarter. Vanguard Group Inc. grew its position in shares of Hanesbrands by 2.5% in the 1st quarter. Vanguard Group Inc. now owns 41,041,617 shares of the textile maker’s stock worth $236,810,000 after acquiring an additional 1,006,739 shares in the last quarter. Cambridge Investment Research Advisors Inc. grew its position in shares of Hanesbrands by 60.6% in the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 216,653 shares of the textile maker’s stock worth $1,250,000 after acquiring an additional 81,709 shares in the last quarter. Finally, Deutsche Bank AG grew its position in shares of Hanesbrands by 40.9% in the 4th quarter. Deutsche Bank AG now owns 366,836 shares of the textile maker’s stock worth $2,986,000 after acquiring an additional 106,464 shares in the last quarter. Institutional investors and hedge funds own 80.31% of the company’s stock.

Hanesbrands Stock Performance

Shares of NYSE HBI opened at $6.3640 on Friday. The company has a current ratio of 1.52, a quick ratio of 0.74 and a debt-to-equity ratio of 13.62. The stock has a 50 day simple moving average of $4.85 and a 200-day simple moving average of $5.23. The company has a market cap of $2.25 billion, a PE ratio of 26.52 and a beta of 1.40. Hanesbrands Inc. has a 12-month low of $3.96 and a 12-month high of $9.10.

Hanesbrands (NYSE:HBI) last issued its quarterly earnings data on Thursday, August 7th. The textile maker reported $0.24 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.18 by $0.06. The business had revenue of $991.33 million during the quarter, compared to the consensus estimate of $971.93 million. Hanesbrands had a return on equity of 226.31% and a net margin of 2.49%.The business’s revenue was down .4% on a year-over-year basis. During the same period in the previous year, the firm posted $0.15 earnings per share. Hanesbrands has set its Q3 2025 guidance at 0.160-0.160 EPS. FY 2025 guidance at 0.660-0.660 EPS. On average, equities research analysts forecast that Hanesbrands Inc. will post 0.53 EPS for the current year.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on HBI shares. Wall Street Zen upgraded Hanesbrands from a “hold” rating to a “strong-buy” rating in a research report on Saturday, August 9th. Wells Fargo & Company upgraded Hanesbrands from a “strong sell” rating to an “equal weight” rating and increased their price target for the stock from $5.00 to $6.00 in a research report on Thursday, August 14th. Barclays set a $6.00 price target on Hanesbrands and gave the stock an “equal weight” rating in a research report on Tuesday, May 20th. Finally, UBS Group increased their price target on Hanesbrands from $8.00 to $9.00 and gave the stock a “buy” rating in a research report on Friday, August 8th. One research analyst has rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat, Hanesbrands presently has a consensus rating of “Hold” and a consensus target price of $6.50.

Hanesbrands Profile

Hanesbrands Inc, a consumer goods company, designs, manufactures, sources, and sells a range of range of innerwear apparels for men, women, and children in the Americas, Europe, the Asia pacific, and internationally. The company operates through three segments: Innerwear, Activewear, and International.