803,166 Shares in The Gap, Inc. $GAP Acquired by Miller Howard Investments Inc. NY

Miller Howard Investments Inc. NY acquired a new stake in The Gap, Inc. (NYSE:GAP) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 803,166 shares of the company’s stock, valued at approximately $20,561,000.

A number of other hedge funds also recently made changes to their positions in the company. Root Financial Partners LLC acquired a new position in shares of GAP during the third quarter worth $27,000. V Square Quantitative Management LLC acquired a new stake in GAP during the 4th quarter valued at $31,000. Cornerstone Planning Group LLC purchased a new stake in GAP during the 3rd quarter worth $35,000. EverSource Wealth Advisors LLC increased its stake in GAP by 177.0% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 7,016 shares of the company’s stock worth $153,000 after buying an additional 4,483 shares during the period. Finally, Covestor Ltd lifted its holdings in GAP by 1,228.1% in the 3rd quarter. Covestor Ltd now owns 7,597 shares of the company’s stock worth $163,000 after buying an additional 7,025 shares in the last quarter. Hedge funds and other institutional investors own 58.81% of the company’s stock.

GAP Price Performance

Shares of GAP stock opened at $26.98 on Monday. The firm has a fifty day moving average of $25.77 and a two-hundred day moving average of $25.41. The firm has a market cap of $9.86 billion, a P/E ratio of 12.55, a P/E/G ratio of 1.57 and a beta of 2.27. The Gap, Inc. has a 1-year low of $18.47 and a 1-year high of $29.36. The company has a debt-to-equity ratio of 0.39, a current ratio of 1.75 and a quick ratio of 1.08.

GAP (NYSE:GAP) last issued its earnings results on Thursday, March 5th. The company reported $0.45 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.46 by ($0.01). GAP had a net margin of 5.31% and a return on equity of 22.98%. The company had revenue of $4.24 billion during the quarter, compared to analyst estimates of $4.24 billion. During the same quarter last year, the company posted $0.54 EPS. The business’s revenue for the quarter was up 2.1% compared to the same quarter last year. GAP has set its FY 2026 guidance at 2.200-2.350 EPS. As a group, research analysts anticipate that The Gap, Inc. will post 2.02 earnings per share for the current fiscal year.

GAP Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 29th. Shareholders of record on Wednesday, April 8th will be paid a dividend of $0.175 per share. The ex-dividend date is Wednesday, April 8th. This is an increase from GAP’s previous quarterly dividend of $0.17. This represents a $0.70 annualized dividend and a yield of 2.6%. GAP’s payout ratio is currently 32.56%.

Insider Activity at GAP

In other news, CEO Mark Breitbard sold 119,155 shares of the business’s stock in a transaction that occurred on Tuesday, March 17th. The stock was sold at an average price of $23.80, for a total value of $2,835,889.00. Following the completion of the sale, the chief executive officer directly owned 135,884 shares in the company, valued at approximately $3,234,039.20. The trade was a 46.72% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Katrina O’connell sold 153,413 shares of the company’s stock in a transaction that occurred on Tuesday, March 17th. The shares were sold at an average price of $23.85, for a total value of $3,658,900.05. Following the sale, the chief financial officer directly owned 11,503 shares in the company, valued at approximately $274,346.55. This represents a 93.02% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 917,796 shares of company stock worth $22,505,004 over the last quarter. 31.00% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on GAP shares. Barclays reissued an “overweight” rating on shares of GAP in a research report on Tuesday, January 6th. UBS Group upgraded GAP from a “neutral” rating to a “buy” rating and boosted their price target for the stock from $26.00 to $41.00 in a research note on Wednesday, January 7th. JPMorgan Chase & Co. increased their price target on GAP from $33.00 to $35.00 and gave the company an “overweight” rating in a report on Friday, March 20th. Argus upgraded GAP to a “strong-buy” rating in a research note on Thursday, January 22nd. Finally, Wall Street Zen downgraded GAP from a “buy” rating to a “hold” rating in a report on Saturday, March 7th. Two research analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, GAP presently has a consensus rating of “Moderate Buy” and an average price target of $30.62.

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.