Gildan Activewear (NYSE:GIL) Stock Rating Cut to Hold at UBS Group

Gildan Activewear (NYSE:GIL) (TSE:GIL) was downgraded by research analysts at UBS Group from a “strong-buy” rating to a “hold” rating in a note issued to investors on Friday, Zacks reports.

GIL has been the subject of several other reports. Weiss Ratings restated a “hold (c)” rating on shares of Gildan Activewear in a report on Thursday, August 13th. Citigroup reiterated a “neutral” rating on shares of Gildan Activewear in a research note on Tuesday, August 4th. Stifel Nicolaus set a $83.00 price target on Gildan Activewear and gave the stock a “buy” rating in a report on Friday, July 31st. Royal Bank Of Canada lowered their price objective on shares of Gildan Activewear from $70.00 to $50.00 and set an “outperform” rating for the company in a research report on Friday. Finally, William Blair set a $49.00 price objective on shares of Gildan Activewear in a report on Friday. Nine research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $59.42.

Gildan Activewear Stock Performance

Shares of GIL opened at $34.66 on Friday. The company’s 50 day moving average price is $43.84 and its 200 day moving average price is $55.17. The company has a debt-to-equity ratio of 1.15, a quick ratio of 1.01 and a current ratio of 1.93. Gildan Activewear has a 52 week low of $31.33 and a 52 week high of $73.69. The company has a market capitalization of $6.42 billion, a PE ratio of 30.95 and a beta of 1.15.

Gildan Activewear (NYSE:GIL) (TSE:GIL) last released its quarterly earnings results on Thursday, November 5th. The textile maker reported $1.54 EPS for the quarter, missing analysts’ consensus estimates of $1.57 by ($0.03). Gildan Activewear had a return on equity of 21.03% and a net margin of 1.28%. Research analysts expect that Gildan Activewear will post 4.63 EPS for the current fiscal year.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Caisse de depot et placement du Quebec bought a new position in shares of Gildan Activewear during the 2nd quarter valued at $601,931,000. Jupiter Topco LLC acquired a new stake in shares of Gildan Activewear during the 2nd quarter worth approximately $573,363,000. The Manufacturers Life Insurance Company purchased a new position in Gildan Activewear in the second quarter valued at $234,764,000. Letko Brosseau & Associates Inc. boosted its holdings in Gildan Activewear by 169.0% in the 3rd quarter. Letko Brosseau & Associates Inc. now owns 2,548,094 shares of the textile maker’s stock valued at $108,816,000 after purchasing an additional 1,600,994 shares in the last quarter. Finally, Bank of America Corp DE purchased a new stake in Gildan Activewear in the 2nd quarter valued at approximately $65,193,000. 82.83% of the stock is currently owned by hedge funds and other institutional investors.

Gildan Activewear News Summary

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

• Positive Sentiment: Gildan declared a quarterly dividend of $0.249 per share, payable December 21, representing an annualized dividend of about $1.00 and a yield of roughly 2.9%. Dividend announcement
• Positive Sentiment: Third-quarter sales from continuing operations rose 61.1% year over year to $1.47 billion, with a 27.0% adjusted operating margin. Third-quarter results
• Negative Sentiment: Several analysts cut ratings or price targets: Canaccord moved GIL from Buy to Hold and lowered its target to $41 from $62; Scotiabank downgraded it to Sector Perform and cut its target to $39 from $53; and RBC reduced its target to $50 from $70, while retaining Outperform. These reductions signal weaker expectations, despite the remaining upside implied by the targets. Canaccord rating Scotiabank rating RBC rating
• Negative Sentiment: Gildan reported third-quarter EPS of $1.54, below the $1.57 consensus; revenue also missed estimates according to Zacks. The earnings shortfall may reinforce concerns about near-term performance, despite substantial year-over-year sales growth. Earnings estimates report
• Negative Sentiment: Multiple law firms publicized a securities class action covering investors who acquired Gildan shares from February 19, 2025, through June 15, 2026. The complaint alleges material misstatements or omissions, including claims related to channel stuffing; these are allegations, not proven findings. The litigation adds uncertainty and comes amid reports of a sharp share-price decline. The lead-plaintiff deadline is December 14, 2026. Class action notice

About Gildan Activewear

Gildan Activewear Inc is a Montreal, Quebec-based apparel manufacturer that produces and sells everyday basic clothing for consumers and businesses. The company’s product portfolio includes activewear, T-shirts, fleece garments, underwear, socks and hosiery, as well as other apparel basics.

Gildan sells products primarily through wholesale distributors and screen printers, who supply decorated apparel to businesses, schools, teams, organizations and retailers. Its portfolio includes the Gildan, American Apparel, Comfort Colors, Gold Toe and Anvil brands.