BTIG Research Forecasts Strong Price Appreciation for G-III Apparel Group (NASDAQ:GIII) Stock

Posted by Geri Gentry on Jun 5th, 2026

G-III Apparel Group (NASDAQ:GIII – Get Free Report) had its price target increased by equities research analysts at BTIG Research from $34.00 to $40.00 in a report released on Friday,Benzinga reports. The brokerage presently has a “buy” rating on the textile maker’s stock. BTIG Research’s price objective would indicate a potential upside of 16.53% from the stock’s current price.

GIII has been the topic of several other research reports. UBS Group reduced their target price on shares of G-III Apparel Group from $30.00 to $26.00 and set a “neutral” rating on the stock in a report on Tuesday, March 17th. Zacks Research raised shares of G-III Apparel Group from a “strong sell” rating to a “hold” rating in a report on Tuesday, May 12th. Finally, Telsey Advisory Group reissued a “market perform” rating and set a $29.00 price objective (down from $34.00) on shares of G-III Apparel Group in a report on Monday, March 9th. Two investment analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, G-III Apparel Group currently has a consensus rating of “Hold” and a consensus price target of $30.20.

Read Our Latest Research Report on G-III Apparel Group

G-III Apparel Group Trading Up 7.1%

NASDAQ:GIII traded up $2.29 during mid-day trading on Friday, hitting $34.33. The stock had a trading volume of 874,253 shares, compared to its average volume of 491,101. The stock has a 50-day simple moving average of $30.13 and a two-hundred day simple moving average of $29.77. The company has a market capitalization of $1.45 billion, a PE ratio of 22.94 and a beta of 1.29. G-III Apparel Group has a twelve month low of $20.33 and a twelve month high of $35.84.

G-III Apparel Group (NASDAQ:GIII – Get Free Report) last issued its earnings results on Friday, June 5th. The textile maker reported ($0.21) earnings per share for the quarter, beating the consensus estimate of ($0.30) by $0.09. The firm had revenue of $535.96 million for the quarter, compared to analysts’ expectations of $529.07 million. G-III Apparel Group had a net margin of 2.28% and a return on equity of 6.70%. The firm’s revenue was down 8.2% compared to the same quarter last year. During the same quarter last year, the company earned $0.19 earnings per share. G-III Apparel Group has set its FY 2027 guidance at 2.150-2.250 EPS and its Q2 2027 guidance at 0.150-0.250 EPS. Sell-side analysts predict that G-III Apparel Group will post 2.07 EPS for the current fiscal year.

Hedge Funds Weigh In On G-III Apparel Group

A number of hedge funds have recently modified their holdings of GIII. GAMMA Investing LLC grew its position in shares of G-III Apparel Group by 107.7% during the fourth quarter. GAMMA Investing LLC now owns 941 shares of the textile maker’s stock worth $27,000 after acquiring an additional 488 shares during the last quarter. EverSource Wealth Advisors LLC grew its position in shares of G-III Apparel Group by 105.2% during the third quarter. EverSource Wealth Advisors LLC now owns 1,153 shares of the textile maker’s stock worth $31,000 after acquiring an additional 591 shares during the last quarter. Newbridge Financial Services Group Inc. purchased a new position in shares of G-III Apparel Group during the fourth quarter worth approximately $34,000. Federated Hermes Inc. purchased a new position in shares of G-III Apparel Group during the third quarter worth approximately $40,000. Finally, Raymond James Financial Inc. purchased a new position in shares of G-III Apparel Group during the second quarter worth approximately $41,000. 92.13% of the stock is currently owned by hedge funds and other institutional investors.

G-III Apparel Group Company Profile

(Get Free Report)

G-III Apparel Group, Ltd. is a global fashion company engaged in the design, sourcing, marketing and distribution of women’s and men’s apparel, outerwear, footwear, handbags and fashion accessories. Founded in 1956 and headquartered in New York City, the company has grown from an importer of ladies’ apparel into a diversified apparel business with a portfolio of owned and licensed brands.

The company’s product offerings span a broad spectrum of price points and styles, including formal and casual outerwear, sportswear, performance wear and contemporary fashion.