The Gap, Inc. $GAP Holdings Cut by SG Americas Securities LLC

SG Americas Securities LLC decreased its position in shares of The Gap, Inc. (NYSE:GAP) by 47.5% in the first quarter, Holdings Channel.com reports. The firm owned 76,936 shares of the company’s stock after selling 69,496 shares during the period. SG Americas Securities LLC’s holdings in GAP were worth $1,862,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. LSV Asset Management boosted its holdings in GAP by 3.6% in the fourth quarter. LSV Asset Management now owns 3,462,702 shares of the company’s stock worth $88,645,000 after purchasing an additional 121,001 shares in the last quarter. Quantbot Technologies LP bought a new position in GAP in the 3rd quarter worth approximately $1,845,000. Bank of New York Mellon Corp raised its stake in GAP by 13.0% during the 4th quarter. Bank of New York Mellon Corp now owns 3,195,934 shares of the company’s stock valued at $81,816,000 after purchasing an additional 368,191 shares during the last quarter. Quent Capital LLC lifted its stake in shares of GAP by 1,900.2% in the fourth quarter. Quent Capital LLC now owns 21,202 shares of the company’s stock valued at $543,000 after buying an additional 20,142 shares during the period. Finally, BI Asset Management Fondsmaeglerselskab A S bought a new stake in shares of GAP in the 4th quarter worth approximately $4,801,000. 58.81% of the stock is owned by institutional investors.

GAP Stock Up 2.7%

Shares of GAP stock opened at $19.32 on Friday. The business’s 50 day simple moving average is $22.06 and its 200 day simple moving average is $24.85. The company has a debt-to-equity ratio of 0.41, a quick ratio of 1.08 and a current ratio of 1.81. The firm has a market cap of $6.95 billion, a PE ratio of 7.61, a P/E/G ratio of 1.11 and a beta of 2.04. The Gap, Inc. has a 52-week low of $18.11 and a 52-week high of $29.36.

GAP (NYSE:GAP) last announced its earnings results on Thursday, May 28th. The company reported $0.38 EPS for the quarter, missing the consensus estimate of $0.39 by ($0.01). GAP had a return on equity of 21.13% and a net margin of 6.25%.The business had revenue of $3.50 billion for the quarter, compared to analyst estimates of $3.52 billion. During the same quarter in the previous year, the company posted $0.51 EPS. The business’s revenue for the quarter was up 1.0% compared to the same quarter last year. GAP has set its FY 2026 guidance at 2.300-2.400 EPS. On average, analysts predict that The Gap, Inc. will post 2.34 earnings per share for the current fiscal year.

GAP Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 29th. Stockholders of record on Wednesday, July 8th will be issued a $0.175 dividend. This represents a $0.70 annualized dividend and a dividend yield of 3.6%. The ex-dividend date of this dividend is Wednesday, July 8th. GAP’s dividend payout ratio is presently 27.56%.

Insider Activity

In related news, insider Julie Gruber sold 5,302 shares of the business’s stock in a transaction that occurred on Friday, April 17th. The stock was sold at an average price of $27.00, for a total transaction of $143,154.00. Following the transaction, the insider directly owned 58,414 shares of the company’s stock, valued at approximately $1,577,178. The trade was a 8.32% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Eric Kayen Chan sold 13,377 shares of the company’s stock in a transaction on Friday, April 10th. The shares were sold at an average price of $26.18, for a total transaction of $350,209.86. Following the completion of the transaction, the insider owned 21,967 shares in the company, valued at approximately $575,096.06. This represents a 37.85% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 343,679 shares of company stock worth $8,741,864. Insiders own 31.00% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on GAP shares. TD Cowen decreased their target price on shares of GAP from $32.00 to $26.00 and set a “buy” rating on the stock in a research report on Monday, May 18th. JPMorgan Chase & Co. reaffirmed a “neutral” rating and issued a $27.00 price target (down from $35.00) on shares of GAP in a report on Friday, May 29th. Bank of America reduced their price objective on GAP from $29.00 to $26.00 and set a “neutral” rating on the stock in a report on Friday, May 29th. Weiss Ratings restated a “buy (b-)” rating on shares of GAP in a research report on Thursday, June 18th. Finally, Citigroup raised their price target on GAP from $25.00 to $27.00 and gave the stock a “neutral” rating in a research report on Friday, March 6th. Two equities research analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $28.71.

About GAP

Gap Inc is a global specialty retailer renowned for its portfolio of apparel and accessories brands, including Gap, Banana Republic, Old Navy and Athleta. The company designs, sources and markets clothing across a broad price range and style spectrum, catering to men, women and children. Its offerings extend from everyday wardrobe essentials such as denim, tees and outerwear to performance and lifestyle pieces, reflecting each brand’s distinct identity and price point.

Founded in San Francisco in 1969 by Donald and Doris Fisher, Gap Inc has grown into one of the world’s largest apparel companies.