Callan Family Office LLC Takes $651,000 Position in The Gap, Inc. $GAP

Callan Family Office LLC acquired a new stake in shares of The Gap, Inc. (NYSE:GAP) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 34,859 shares of the company’s stock, valued at approximately $651,000.

A number of other large investors also recently bought and sold shares of the business. Amundi purchased a new stake in GAP during the first quarter worth $259,000. EverSource Wealth Advisors LLC increased its holdings in shares of GAP by 177.0% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 7,016 shares of the company’s stock valued at $153,000 after acquiring an additional 4,483 shares during the period. Jump Financial LLC purchased a new position in shares of GAP in the 2nd quarter valued at $612,000. California State Teachers Retirement System raised its position in shares of GAP by 0.8% in the 2nd quarter. California State Teachers Retirement System now owns 226,506 shares of the company’s stock worth $4,940,000 after acquiring an additional 1,703 shares in the last quarter. Finally, Ameriprise Financial Inc. lifted its stake in shares of GAP by 42.7% during the 2nd quarter. Ameriprise Financial Inc. now owns 4,407,809 shares of the company’s stock worth $96,134,000 after purchasing an additional 1,318,322 shares during the last quarter. Institutional investors own 58.81% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages recently weighed in on GAP. BTIG Research set a $26.00 price objective on GAP in a research report on Thursday, July 30th. JPMorgan Chase & Co. reiterated a “neutral” rating and issued a $27.00 target price (down from $35.00) on shares of GAP in a report on Friday, May 29th. Barclays reissued an “equal weight” rating and set a $20.00 price target (down from $26.00) on shares of GAP in a research report on Tuesday, August 11th. Morgan Stanley reaffirmed an “equal weight” rating and issued a $21.00 price objective on shares of GAP in a research report on Monday, July 6th. Finally, Bank of America reduced their price objective on shares of GAP from $29.00 to $26.00 and set a “neutral” rating for the company in a research note on Friday, May 29th. Two investment analysts have rated the stock with a Strong Buy rating, five have issued a Buy rating and eleven have issued a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $26.29.

GAP Price Performance

Shares of NYSE GAP opened at $20.15 on Wednesday. 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 company has a market cap of $7.25 billion, a PE ratio of 7.93, a P/E/G ratio of 1.21 and a beta of 2.05. The business has a 50-day simple moving average of $20.01 and a two-hundred day simple moving average of $22.98. The Gap, Inc. has a fifty-two week low of $18.11 and a fifty-two week high of $29.36.

GAP (NYSE:GAP) last issued its quarterly earnings results on Thursday, May 28th. The company reported $0.38 earnings per share for the quarter, missing analysts’ consensus estimates 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 analysts’ expectations of $3.52 billion. During the same quarter in the previous year, the firm posted $0.51 EPS. GAP’s revenue was up 1.0% on a year-over-year basis. GAP has set its FY 2026 guidance at 2.300-2.400 EPS. As a group, equities analysts expect that The Gap, Inc. will post 2.33 EPS for the current fiscal year.

GAP Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, October 28th. Shareholders of record on Wednesday, October 7th will be paid a dividend of $0.175 per share. The ex-dividend date is Wednesday, October 7th. This represents a $0.70 dividend on an annualized basis and a yield of 3.5%. GAP’s dividend payout ratio is presently 27.56%.

GAP Profile

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.