Glenmede Trust Co. NA Boosts Stock Position in The Gap, Inc. $GAP

Posted by Geri Gentry on Aug 6th, 2026

Glenmede Trust Co. NA boosted its position in shares of The Gap, Inc. (NYSE:GAP – Free Report) by 146.5% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 77,435 shares of the company’s stock after acquiring an additional 46,017 shares during the quarter. Glenmede Trust Co. NA’s holdings in GAP were worth $1,874,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the company. Public Employees Retirement System of Ohio increased its stake in GAP by 0.6% during the third quarter. Public Employees Retirement System of Ohio now owns 71,867 shares of the company’s stock worth $1,537,000 after purchasing an additional 447 shares during the period. Cullen Frost Bankers Inc. purchased a new position in shares of GAP in the fourth quarter valued at approximately $26,000. Plato Investment Management Ltd acquired a new position in shares of GAP in the fourth quarter valued at approximately $28,000. V Square Quantitative Management LLC acquired a new position in shares of GAP in the fourth quarter valued at approximately $31,000. Finally, California State Teachers Retirement System increased its stake in GAP by 0.8% during the 2nd quarter. California State Teachers Retirement System now owns 226,506 shares of the company’s stock worth $4,940,000 after buying an additional 1,703 shares during the period. 58.81% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

GAP has been the topic of a number of research reports. Wells Fargo & Company reduced their target price on shares of GAP from $30.00 to $26.00 and set an “overweight” rating on the stock in a report on Friday, May 29th. The Goldman Sachs Group cut their price objective on GAP from $32.00 to $28.00 and set a “buy” rating on the stock in a research report on Friday, May 29th. Weiss Ratings cut GAP from a “hold (c+)” rating to a “hold (c)” rating in a research note on Tuesday, July 28th. Bank of America decreased their target price on GAP from $29.00 to $26.00 and set a “neutral” rating for the company in a report on Friday, May 29th. Finally, JPMorgan Chase & Co. reissued a “neutral” rating and set a $27.00 target price (down from $35.00) on shares of GAP in a research note on Friday, May 29th. Two equities research analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating and eight have given a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $27.86.

Get Our Latest Stock Report on GAP

GAP Stock Down 0.3%

Shares of GAP stock opened at $20.56 on Thursday. The company has a quick ratio of 1.08, a current ratio of 1.81 and a debt-to-equity ratio of 0.41. The Gap, Inc. has a 52-week low of $18.11 and a 52-week high of $29.36. The company has a market capitalization of $7.40 billion, a P/E ratio of 8.09, a P/E/G ratio of 1.21 and a beta of 2.05. The company has a 50 day moving average of $20.40 and a 200 day moving average of $23.67.

GAP (NYSE:GAP – Get Free Report) last announced its quarterly earnings data on Thursday, May 28th. The company reported $0.38 EPS for the quarter, missing analysts’ consensus estimates of $0.39 by ($0.01). The firm had revenue of $3.50 billion during the quarter, compared to analysts’ expectations of $3.52 billion. GAP had a net margin of 6.25% and a return on equity of 21.13%. The company’s revenue for the quarter was up 1.0% on a year-over-year basis. During the same period in the prior year, the company posted $0.51 earnings per share. GAP has set its FY 2026 guidance at 2.300-2.400 EPS. As a group, research analysts forecast that The Gap, Inc. will post 2.34 EPS for the current fiscal year.

GAP Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, July 29th. Shareholders of record on Wednesday, July 8th were paid a $0.175 dividend. The ex-dividend date was Wednesday, July 8th. This represents a $0.70 dividend on an annualized basis and a yield of 3.4%. GAP’s dividend payout ratio (DPR) is currently 27.56%.

About GAP

(Free Report)

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.