Rep. Thomas H. Kean, Jr. Buys Gildan Activewear, Inc. (NYSE:GIL) Shares

Posted by Geri Gentry on Jul 18th, 2026

Representative Thomas H. Kean, Jr. (Republican-New Jersey) recently bought shares of Gildan Activewear, Inc. (NYSE:GIL). In a filing disclosed on July 15th, the Representative disclosed that they had bought between $1,001 and $15,000 in Gildan Activewear stock on June 2nd. The trade occurred in the Representative’s “KEAN FAMILY PARTNERSHIP” account.

Representative Thomas H. Kean, Jr. also recently made the following trade(s):

Sold $1,001 – $15,000 in shares of Analog Devices (NASDAQ:ADI) on 6/30/2026.
Sold $1,001 – $15,000 in shares of S&P Global (NYSE:SPGI) on 6/29/2026.
Sold $1,001 – $15,000 in shares of Markel Group (NYSE:MKL) on 6/29/2026.
Sold $1,001 – $15,000 in shares of Johnson & Johnson (NYSE:JNJ) on 6/29/2026.
Purchased $1,001 – $15,000 in shares of ESAB (NYSE:ESAB) on 6/24/2026.
Sold $15,001 – $50,000 in shares of Alphabet (NASDAQ:GOOGL) on 6/24/2026.
Purchased $1,001 – $15,000 in shares of ESAB (NYSE:ESAB) on 6/22/2026.
Sold $1,001 – $15,000 in shares of Gildan Activewear (NYSE:GIL) on 6/17/2026.
Purchased $1,001 – $15,000 in shares of Wheaton Precious Metals (NYSE:WPM) on 6/4/2026.
Sold $1,001 – $15,000 in shares of Alphabet (NASDAQ:GOOGL) on 6/2/2026.

Gildan Activewear Trading Up 0.9%

NYSE:GIL traded up $0.48 on Friday, reaching $54.06. The company’s stock had a trading volume of 1,728,967 shares, compared to its average volume of 1,113,197. Gildan Activewear, Inc. has a 1-year low of $46.00 and a 1-year high of $73.69. The business’s 50-day moving average price is $55.38 and its two-hundred day moving average price is $60.21. The firm has a market cap of $10.01 billion, a PE ratio of 31.80 and a beta of 1.11. The company has a debt-to-equity ratio of 1.32, a quick ratio of 1.17 and a current ratio of 2.35.

Gildan Activewear (NYSE:GIL – Get Free Report) (TSE:GIL) last released its quarterly earnings results on Thursday, April 30th. The textile maker reported $0.43 EPS for the quarter, topping analysts’ consensus estimates of $0.36 by $0.07. Gildan Activewear had a return on equity of 21.38% and a net margin of 6.10%.The company had revenue of $1.17 billion for the quarter, compared to analyst estimates of $1.14 billion. During the same quarter last year, the firm posted $0.59 earnings per share. Gildan Activewear’s revenue was up 63.8% compared to the same quarter last year. Gildan Activewear has set its FY 2026 guidance at 4.200-4.400 EPS. Equities research analysts anticipate that Gildan Activewear, Inc. will post 4.25 earnings per share for the current fiscal year.

Gildan Activewear Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, June 15th. Shareholders of record on Wednesday, May 20th were issued a dividend of $0.249 per share. The ex-dividend date was Wednesday, May 20th. This represents a $1.00 annualized dividend and a yield of 1.8%. Gildan Activewear’s payout ratio is currently 58.82%.

Institutional Trading of Gildan Activewear

A number of hedge funds and other institutional investors have recently made changes to their positions in GIL. Polar Asset Management Partners Inc. bought a new position in shares of Gildan Activewear in the 3rd quarter valued at about $2,082,000. Wedge Capital Management L L P NC bought a new stake in Gildan Activewear during the fourth quarter worth about $36,866,000. Assetmark Inc. boosted its position in Gildan Activewear by 10,432.0% during the fourth quarter. Assetmark Inc. now owns 60,138 shares of the textile maker’s stock valued at $3,756,000 after purchasing an additional 59,567 shares during the last quarter. Barington Companies Management LLC acquired a new position in Gildan Activewear during the fourth quarter valued at approximately $15,941,000. Finally, JPMorgan Chase & Co. grew its stake in Gildan Activewear by 3.5% in the third quarter. JPMorgan Chase & Co. now owns 615,792 shares of the textile maker’s stock valued at $35,593,000 after purchasing an additional 21,078 shares in the last quarter. 82.83% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on the stock. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Gildan Activewear in a research note on Wednesday, June 17th. UBS Group restated a “buy” rating on shares of Gildan Activewear in a report on Friday. Zacks Research raised shares of Gildan Activewear from a “strong sell” rating to a “hold” rating in a research report on Friday, May 1st. Scotiabank reaffirmed a “sector outperform” rating and issued a $65.00 price objective (down from $72.00) on shares of Gildan Activewear in a research report on Wednesday, June 17th. Finally, Scotia reduced their target price on shares of Gildan Activewear from $72.00 to $65.00 and set a “sector outperform” rating for the company in a research note on Wednesday, June 17th. Thirteen equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat.com, Gildan Activewear currently has a consensus rating of “Moderate Buy” and an average target price of $78.21.

Read Our Latest Research Report on GIL

About Representative Kean

Thomas Kean Jr. (Republican Party) is a member of the U.S. House, representing New Jersey’s 7th Congressional District. He assumed office on January 3, 2023. His current term ends on January 3, 2027.

Kean (Republican Party) is running for re-election to the U.S. House to represent New Jersey’s 7th Congressional District. He declared candidacy for the 2026 election.

Thomas Kean Jr. lives in Westfield, New Jersey. Kean earned a master’s degree from the Tufts University Fletcher School of Law and Diplomacy. His career experience includes working with the Environmental Protection Agency during the George H.W. Bush administration and as an advisor to former U.S. Representative Bob Franks, a firefighter, and an emergency medical technician. Kean has served as the vice president of a fire department.

About Gildan Activewear

(Get Free Report)

Gildan Activewear Inc (NYSE:GIL) is a vertically integrated manufacturer and wholesaler of branded basic apparel, including activewear, socks, hosiery and underwear. Headquartered in Montreal, Quebec, the company produces a wide range of products such as T-shirts, fleece garments, sport shirts, performance wear, and shapewear under its Gildan, Anvil, Comfort Colors, Gold Toe, Peds and Silks brands. Leveraging its in-house knitting, dyeing, cut-and-sew and finishing operations, Gildan supplies blank apparel to screen printers, promotional product distributors and major retailers around the world.

Since its founding in 1984 by Glenn J.