Invesco Ltd. increased its position in shares of Guess?, Inc. (NYSE:GES – Free Report) by 10.5% in the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 596,459 shares of the company’s stock after purchasing an additional 56,479 shares during the quarter. Invesco Ltd. owned approximately 1.15% of Guess? worth $6,603,000 as of its most recent filing with the SEC.
Several other hedge funds have also recently added to or reduced their stakes in the company. Dimensional Fund Advisors LP lifted its holdings in Guess? by 7.5% in the 4th quarter. Dimensional Fund Advisors LP now owns 3,290,336 shares of the company’s stock valued at $46,261,000 after purchasing an additional 228,601 shares in the last quarter. Millennium Management LLC grew its holdings in shares of Guess? by 160.2% during the fourth quarter. Millennium Management LLC now owns 1,159,249 shares of the company’s stock worth $16,299,000 after buying an additional 713,666 shares in the last quarter. BNP Paribas Financial Markets raised its position in shares of Guess? by 8.6% in the fourth quarter. BNP Paribas Financial Markets now owns 1,020,538 shares of the company’s stock valued at $14,349,000 after buying an additional 80,944 shares during the last quarter. Allianz Asset Management GmbH raised its position in shares of Guess? by 38.4% in the first quarter. Allianz Asset Management GmbH now owns 644,308 shares of the company’s stock valued at $7,132,000 after buying an additional 178,848 shares during the last quarter. Finally, Carolina Wealth Advisors LLC purchased a new position in shares of Guess? in the first quarter worth about $5,834,000. 61.74% of the stock is owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
Several analysts recently issued reports on the stock. Telsey Advisory Group upped their price objective on shares of Guess? from $13.00 to $16.75 and gave the company a “market perform” rating in a research note on Thursday, August 21st. UBS Group raised their target price on shares of Guess? from $12.00 to $13.00 and gave the stock a “neutral” rating in a research note on Tuesday, August 19th. Two research analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $14.88.
Guess? Trading Up 0.4%
Shares of GES stock opened at $16.87 on Wednesday. The company has a current ratio of 1.57, a quick ratio of 0.76 and a debt-to-equity ratio of 1.08. Guess?, Inc. has a twelve month low of $8.48 and a twelve month high of $21.31. The company’s 50-day moving average price is $13.31 and its 200-day moving average price is $11.89. The stock has a market cap of $877.32 million, a price-to-earnings ratio of -70.27 and a beta of 1.24.
Guess? (NYSE:GES – Get Free Report) last issued its earnings results on Thursday, June 5th. The company reported ($0.44) EPS for the quarter, topping analysts’ consensus estimates of ($0.70) by $0.26. The company had revenue of $647.80 million for the quarter, compared to the consensus estimate of $630.61 million. Guess? had a net margin of 0.47% and a return on equity of 18.25%. Guess?’s quarterly revenue was up 9.4% compared to the same quarter last year. During the same period in the previous year, the firm earned ($0.27) earnings per share. Guess? has set its FY 2026 guidance at 1.320-1.640 EPS. Q2 2026 guidance at 0.110-0.210 EPS. As a group, equities analysts predict that Guess?, Inc. will post 1.92 earnings per share for the current year.
Guess? Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Thursday, July 3rd. Stockholders of record on Wednesday, June 18th were given a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a dividend yield of 7.1%. The ex-dividend date of this dividend was Wednesday, June 18th. Guess?’s payout ratio is presently -500.00%.
Guess? Profile
Guess?, Inc designs, markets, distributes, and licenses lifestyle collections of apparel and accessories for men, women, and children. It operates through five segments: Americas Retail, Americas Wholesale, Europe, Asia, and Licensing. The company’s clothing collection includes jeans, pants, skirts, dresses, shorts, blouses, shirts, jackets, activewear, knitwear, and intimate apparel.
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