JPMorgan Chase & Co. Raises Holdings in Gildan Activewear, Inc. $GIL

JPMorgan Chase & Co. increased its stake in shares of Gildan Activewear, Inc. (NYSE:GIL) (TSE:GIL) by 3.5% during the 3rd quarter, Holdings Channel reports. The fund owned 615,792 shares of the textile maker’s stock after purchasing an additional 21,078 shares during the quarter. JPMorgan Chase & Co.’s holdings in Gildan Activewear were worth $35,593,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently bought and sold shares of GIL. Norges Bank acquired a new stake in shares of Gildan Activewear during the 2nd quarter worth approximately $101,409,000. Mackenzie Financial Corp boosted its holdings in Gildan Activewear by 61.9% during the second quarter. Mackenzie Financial Corp now owns 4,434,020 shares of the textile maker’s stock worth $218,622,000 after buying an additional 1,695,329 shares in the last quarter. Picton Mahoney Asset Management purchased a new stake in Gildan Activewear during the second quarter worth $65,409,000. The Manufacturers Life Insurance Company grew its position in Gildan Activewear by 24.3% during the second quarter. The Manufacturers Life Insurance Company now owns 3,678,451 shares of the textile maker’s stock valued at $180,305,000 after buying an additional 718,896 shares during the period. Finally, Goldman Sachs Group Inc. increased its holdings in Gildan Activewear by 40.0% in 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 buying an additional 503,359 shares in the last quarter. 82.83% of the stock is owned by institutional investors and hedge funds.

Gildan Activewear Price Performance

NYSE:GIL opened at $68.13 on Friday. The stock has a 50 day moving average of $66.66 and a two-hundred day moving average of $60.73. Gildan Activewear, Inc. has a 12 month low of $37.16 and a 12 month high of $73.69. The firm 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 current ratio of 2.01, a quick ratio of 0.88 and a debt-to-equity ratio of 0.94.

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

Gildan Activewear Increases Dividend

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

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on GIL shares. UBS Group reissued a “buy” rating and set a $110.00 target price (up from $80.00) on shares of Gildan Activewear in a research note on Tuesday, December 16th. TD Securities reaffirmed a “buy” rating and issued a $77.00 price target on shares of Gildan Activewear in a report on Tuesday, January 27th. Scotiabank reissued an “outperform” rating on shares of Gildan Activewear in a report on Tuesday, February 3rd. National Bank Financial boosted their price objective on Gildan Activewear from $92.00 to $97.00 and gave the company an “outperform” rating in a research report on Monday, February 2nd. Finally, BMO Capital Markets upped their target price on Gildan Activewear from $70.00 to $78.00 and gave the stock an “outperform” rating in a research note on Monday, January 26th. Thirteen analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company 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 Company 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.