Bahl & Gaynor Inc. lifted its holdings in shares of Gildan Activewear, Inc. (NYSE:GIL – Free Report) (TSE:GIL) by 30.4% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,457,591 shares of the textile maker’s stock after buying an additional 339,959 shares during the period. Bahl & Gaynor Inc. owned approximately 0.98% of Gildan Activewear worth $84,249,000 at the end of the most recent reporting period.
Several other large investors have also recently added to or reduced their stakes in GIL. AQR Capital Management LLC raised its stake in Gildan Activewear by 49.3% during the 1st quarter. AQR Capital Management LLC now owns 13,209 shares of the textile maker’s stock valued at $584,000 after acquiring an additional 4,360 shares in the last quarter. Goldman Sachs Group Inc. raised its stake in shares of Gildan Activewear by 40.0% during the first quarter. Goldman Sachs Group Inc. now owns 1,760,253 shares of the textile maker’s stock valued at $77,838,000 after purchasing an additional 503,359 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake in shares of Gildan Activewear by 2.6% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 186,585 shares of the textile maker’s stock valued at $8,251,000 after purchasing an additional 4,714 shares in the last quarter. Arkadios Wealth Advisors lifted its holdings in Gildan Activewear by 33.3% in the second quarter. Arkadios Wealth Advisors now owns 8,442 shares of the textile maker’s stock worth $416,000 after purchasing an additional 2,107 shares during the period. Finally, Assetmark Inc. grew its position in Gildan Activewear by 5,200.0% in the 2nd quarter. Assetmark Inc. now owns 1,113 shares of the textile maker’s stock valued at $55,000 after buying an additional 1,092 shares in the last quarter. 82.83% of the stock is currently owned by institutional investors and hedge funds.
Analysts Set New Price Targets
A number of analysts have commented on the stock. Zacks Research downgraded shares of Gildan Activewear from a “hold” rating to a “strong sell” rating in a research report on Monday, February 23rd. Weiss Ratings reiterated a “buy (b)” rating on shares of Gildan Activewear in a research note on Monday, December 29th. Stifel Nicolaus boosted their target price on Gildan Activewear from $75.00 to $80.00 and gave the stock a “buy” rating in a report on Monday, February 23rd. Royal Bank Of Canada restated an “outperform” rating and issued a $79.00 target price (up from $71.00) on shares of Gildan Activewear in a research report on Tuesday, February 24th. Finally, National Bank Financial lifted their price target on Gildan Activewear from $92.00 to $97.00 and gave the company an “outperform” rating in a research report on Monday, February 2nd. Thirteen equities 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’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $80.00.
Gildan Activewear News Roundup
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
Gildan Activewear Trading Down 1.4%
NYSE:GIL opened at $68.13 on Monday. The stock has a fifty day simple moving average of $66.66 and a 200 day simple moving average of $60.85. The firm has a market capitalization of $12.62 billion, a price-to-earnings ratio of 26.01 and a beta of 1.05. Gildan Activewear, Inc. has a 1-year low of $37.16 and a 1-year high of $73.69. The company has a quick ratio of 1.05, a current ratio of 2.11 and a debt-to-equity ratio of 1.16.
Gildan Activewear (NYSE:GIL – Get Free Report) (TSE:GIL) last posted its quarterly earnings data on Thursday, February 26th. The textile maker reported $0.96 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.31 by ($0.35). Gildan Activewear had a return on equity of 27.32% and a net margin of 11.02%.The company had revenue of $1.08 billion for the quarter, compared to analyst estimates of $1.01 billion. During the same quarter in the previous year, the firm posted $0.83 EPS. Gildan Activewear’s quarterly revenue was up 31.1% on a year-over-year basis. Gildan Activewear has set its FY 2026 guidance at 4.200-4.400 EPS. Sell-side analysts forecast that Gildan Activewear, Inc. will post 3.48 earnings per share for the current year.
Gildan Activewear Increases Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Monday, April 13th. Investors of record on Thursday, March 19th will be paid a $0.249 dividend. The ex-dividend date of this dividend is Thursday, March 19th. This represents a $1.00 dividend on an annualized basis and a yield of 1.5%. This is a positive change from Gildan Activewear’s previous quarterly dividend of $0.23. Gildan Activewear’s dividend payout ratio (DPR) is 34.35%.
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.
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