Gildan Activewear (NYSE:GIL) Shares Purchased Rep. Thomas H. Kean, Jr.

Representative Thomas H. Kean, Jr. (Republican-New Jersey) recently bought shares of Gildan Activewear, Inc. (NYSE:GIL). In a filing disclosed on July 15th, the Representative disclosed that they had bought between $1,001 and $15,000 in Gildan Activewear stock on June 2nd. The trade occurred in the Representative’s “KEAN FAMILY PARTNERSHIP” account.

Representative Thomas H. Kean, Jr. also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of Analog Devices (NASDAQ:ADI) on 6/30/2026.
• Sold $1,001 – $15,000 in shares of S&P Global (NYSE:SPGI) on 6/29/2026.
• Sold $1,001 – $15,000 in shares of Markel Group (NYSE:MKL) on 6/29/2026.
• Sold $1,001 – $15,000 in shares of Johnson & Johnson (NYSE:JNJ) on 6/29/2026.
• Purchased $1,001 – $15,000 in shares of ESAB (NYSE:ESAB) on 6/24/2026.
• Sold $15,001 – $50,000 in shares of Alphabet (NASDAQ:GOOGL) on 6/24/2026.
• Purchased $1,001 – $15,000 in shares of ESAB (NYSE:ESAB) on 6/22/2026.
• Sold $1,001 – $15,000 in shares of Gildan Activewear (NYSE:GIL) on 6/17/2026.
• Purchased $1,001 – $15,000 in shares of Wheaton Precious Metals (NYSE:WPM) on 6/4/2026.
• Sold $1,001 – $15,000 in shares of Alphabet (NASDAQ:GOOGL) on 6/2/2026.

Gildan Activewear Price Performance

Shares of NYSE:GIL opened at $54.06 on Friday. The firm’s 50 day moving average price is $55.38 and its 200-day moving average price is $60.21. Gildan Activewear, Inc. has a twelve month low of $46.00 and a twelve month high of $73.69. The company has a quick ratio of 1.17, a current ratio of 2.35 and a debt-to-equity ratio of 1.32. The stock has a market capitalization of $10.01 billion, a PE ratio of 31.80 and a beta of 1.11.

Gildan Activewear (NYSE:GIL) (TSE:GIL) last announced its earnings results on Thursday, April 30th. The textile maker reported $0.43 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.36 by $0.07. Gildan Activewear had a net margin of 6.10% and a return on equity of 21.38%. The company had revenue of $1.17 billion during the quarter, compared to analyst estimates of $1.14 billion. During the same period in the previous year, the business posted $0.59 earnings per share. The firm’s quarterly revenue was up 63.8% compared to the same quarter last year. Gildan Activewear has set its FY 2026 guidance at 4.200-4.400 EPS. Equities research analysts expect that Gildan Activewear, Inc. will post 4.25 EPS for the current year.

Gildan Activewear Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, June 15th. Stockholders of record on Wednesday, May 20th were given a dividend of $0.249 per share. The ex-dividend date of this dividend was Wednesday, May 20th. This represents a $1.00 annualized dividend and a dividend yield of 1.8%. Gildan Activewear’s dividend payout ratio is presently 58.82%.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on GIL. Scotia cut their price objective on shares of Gildan Activewear from $72.00 to $65.00 and set a “sector outperform” rating for the company in a research report on Wednesday, June 17th. Weiss Ratings cut Gildan Activewear from a “hold (c+)” rating to a “hold (c)” rating in a report on Monday, May 18th. Royal Bank Of Canada reiterated an “outperform” rating on shares of Gildan Activewear in a research report on Wednesday, June 17th. TD Securities reissued a “buy” rating on shares of Gildan Activewear in a report on Tuesday, June 16th. Finally, Canadian Imperial Bank of Commerce restated an “outperform” rating and issued a $77.00 price target on shares of Gildan Activewear in a research report on Friday, May 1st. Thirteen research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat, Gildan Activewear has a consensus rating of “Moderate Buy” and a consensus target price of $78.21.

Hedge Funds Weigh In On Gildan Activewear

A number of large investors have recently made changes to their positions in the company. Caisse de depot et placement du Quebec grew its stake in shares of Gildan Activewear by 1,695.7% during the fourth quarter. Caisse de depot et placement du Quebec now owns 6,240,014 shares of the textile maker’s stock valued at $390,539,000 after buying an additional 5,892,514 shares during the last quarter. Norges Bank bought a new stake in shares of Gildan Activewear during the 4th quarter worth approximately $151,018,000. Mackenzie Financial Corp lifted its stake in shares of Gildan Activewear by 41.2% during the 4th quarter. Mackenzie Financial Corp now owns 6,860,108 shares of the textile maker’s stock worth $429,382,000 after acquiring an additional 2,001,279 shares during the last quarter. Brandes Investment Partners LP purchased a new position in Gildan Activewear during the 4th quarter valued at $99,870,000. Finally, Vanguard Group Inc. boosted its holdings in Gildan Activewear by 26.0% during the 4th quarter. Vanguard Group Inc. now owns 7,566,962 shares of the textile maker’s stock valued at $472,964,000 after acquiring an additional 1,561,729 shares during the period. 82.83% of the stock is owned by hedge funds and other institutional investors.

About Representative Kean

Thomas Kean Jr. (Republican Party) is a member of the U.S. House, representing New Jersey’s 7th Congressional District. He assumed office on January 3, 2023. His current term ends on January 3, 2027.

Kean (Republican Party) is running for re-election to the U.S. House to represent New Jersey’s 7th Congressional District. He declared candidacy for the 2026 election.

Thomas Kean Jr. lives in Westfield, New Jersey. Kean earned a master’s degree from the Tufts University Fletcher School of Law and Diplomacy. His career experience includes working with the Environmental Protection Agency during the George H.W. Bush administration and as an advisor to former U.S. Representative Bob Franks, a firefighter, and an emergency medical technician. Kean has served as the vice president of a fire department.

About Gildan Activewear

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.