Andra AP fonden Raises Stake in Gildan Activewear, Inc. $GIL

Andra AP fonden boosted its holdings in Gildan Activewear, Inc. (NYSE:GIL) (TSE:GIL) by 942.4% during the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 68,800 shares of the textile maker’s stock after purchasing an additional 62,200 shares during the quarter. Andra AP fonden’s holdings in Gildan Activewear were worth $3,977,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Smartleaf Asset Management LLC grew its stake in shares of Gildan Activewear by 161.8% in the 2nd quarter. Smartleaf Asset Management LLC now owns 555 shares of the textile maker’s stock worth $27,000 after buying an additional 343 shares during the last quarter. Farther Finance Advisors LLC boosted its holdings in Gildan Activewear by 240.1% in the third quarter. Farther Finance Advisors LLC now owns 738 shares of the textile maker’s stock worth $43,000 after acquiring an additional 521 shares in the last quarter. Assetmark Inc. grew its stake in shares of Gildan Activewear by 5,200.0% in the second quarter. Assetmark Inc. now owns 1,113 shares of the textile maker’s stock worth $55,000 after acquiring an additional 1,092 shares during the last quarter. Blue Trust Inc. grew its stake in shares of Gildan Activewear by 12.1% in the third quarter. Blue Trust Inc. now owns 2,268 shares of the textile maker’s stock worth $131,000 after acquiring an additional 245 shares during the last quarter. Finally, Versant Capital Management Inc increased its holdings in shares of Gildan Activewear by 82.3% during the third quarter. Versant Capital Management Inc now owns 2,850 shares of the textile maker’s stock valued at $165,000 after acquiring an additional 1,287 shares in the last quarter. 82.83% of the stock is currently owned by hedge funds and other institutional investors.

Key Stories Impacting Gildan Activewear

Here are the key news stories impacting Gildan Activewear this week:

• Positive Sentiment: Record revenue and margin improvement: Gildan reported record fourth‑quarter revenue (including HanesBrands contribution from Dec. 1–28) and expanded gross margins, showing strong top‑line growth and improved profitability. GlobeNewswire Release
• Positive Sentiment: Raised synergy targets and integration progress: Management said Hanes integration is delivering stronger than expected savings and increased targeted run‑rate synergies, supporting longer‑term margin potential. MSN Article
• Positive Sentiment: Dividend raise: Gildan announced a ~10.2% increase to the quarterly dividend (new quarterly payment $0.249), signaling confidence in cash flow and returning capital to shareholders.
• Neutral Sentiment: Hanes acquisition closed Dec. 1 — results include only one month of Hanes, which complicates quarter‑over‑quarter comparisons but explains substantial top‑line lift; the Hanes Australian business is classified as held for sale. GlobeNewswire Release
• Negative Sentiment: EPS miss: Adjusted EPS of $0.96 missed the consensus of $1.31, which likely disappointed traders expecting stronger near‑term profitability despite higher revenue. Zacks Earnings Article
• Negative Sentiment: FY‑2026 guidance below consensus: Gildan set FY‑2026 EPS guidance of $4.20–$4.40, below the Street (~$4.46), which reduced near‑term earnings visibility and likely pressured the stock. MSN Guidance Story

Analyst Ratings Changes

GIL has been the topic of a number of analyst reports. Royal Bank Of Canada reiterated an “outperform” rating and issued a $79.00 price target (up from $71.00) on shares of Gildan Activewear in a research note on Tuesday. Scotiabank reaffirmed an “outperform” rating on shares of Gildan Activewear in a report on Tuesday, February 3rd. UBS Group reiterated a “buy” rating and issued a $110.00 target price (up from $80.00) on shares of Gildan Activewear in a research note on Tuesday, December 16th. National Bank Financial raised their price target on shares of Gildan Activewear from $92.00 to $97.00 and gave the company an “outperform” rating in a research report on Monday, February 2nd. Finally, Stifel Nicolaus boosted their price objective on shares of Gildan Activewear from $75.00 to $80.00 and gave the stock a “buy” rating in a report on Monday, February 23rd. Thirteen research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, Gildan Activewear presently has a consensus rating of “Moderate Buy” and a consensus target price of $80.00.

Gildan Activewear Stock Down 1.4%

Shares of GIL stock opened at $68.13 on Friday. The company has a current ratio of 2.01, a quick ratio of 0.88 and a debt-to-equity ratio of 0.94. Gildan Activewear, Inc. has a 12 month low of $37.16 and a 12 month high of $73.69. The stock has a market cap of $12.62 billion, a P/E ratio of 26.01 and a beta of 1.08. The company has a 50 day simple moving average of $66.66 and a two-hundred day simple moving average of $60.81.

Gildan Activewear (NYSE:GIL) (TSE:GIL) last issued its quarterly earnings data on Thursday, February 26th. The textile maker reported $0.96 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.31 by ($0.35). The business had revenue of $1.08 billion for the quarter, compared to the consensus estimate of $1.01 billion. Gildan Activewear had a net margin of 11.02% and a return on equity of 37.40%. The company’s revenue was up 31.1% on a year-over-year basis. During the same period in the previous year, the firm earned $0.83 EPS. Gildan Activewear has set its FY 2026 guidance at 4.200-4.400 EPS. On average, research analysts expect that Gildan Activewear, Inc. will post 3.48 earnings per share for the current year.

Gildan Activewear Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, April 13th. Stockholders of record on Thursday, March 19th will be paid a $0.249 dividend. This represents a $1.00 annualized dividend and a dividend yield of 1.5%. This is an increase from Gildan Activewear’s previous quarterly dividend of $0.23. The ex-dividend date of this dividend is Thursday, March 19th. Gildan Activewear’s dividend payout ratio is 28.75%.

Gildan Activewear Profile

Gildan Activewear Inc (NYSE:GIL) is a vertically integrated manufacturer and wholesaler of branded basic apparel, including activewear, socks, hosiery and underwear. Headquartered in Montreal, Quebec, the company produces a wide range of products such as T-shirts, fleece garments, sport shirts, performance wear, and shapewear under its Gildan, Anvil, Comfort Colors, Gold Toe, Peds and Silks brands. Leveraging its in-house knitting, dyeing, cut-and-sew and finishing operations, Gildan supplies blank apparel to screen printers, promotional product distributors and major retailers around the world.

Since its founding in 1984 by Glenn J.