JLB & Associates Inc. Takes Position in Gildan Activewear, Inc. $GIL

Posted by Brenda Bartman on Aug 19th, 2026

JLB & Associates Inc. bought a new position in shares of Gildan Activewear, Inc. (NYSE:GIL – Free Report) (TSE:GIL) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 27,440 shares of the textile maker’s stock, valued at approximately $1,416,000.

Several other large investors have also recently bought and sold shares of GIL. Caisse de depot et placement du Quebec raised its position in shares of Gildan Activewear by 1,695.7% during the 4th quarter. Caisse de depot et placement du Quebec now owns 6,240,014 shares of the textile maker’s stock valued at $390,539,000 after buying an additional 5,892,514 shares in the last quarter. Norges Bank purchased a new position in shares of Gildan Activewear in the 4th quarter worth about $151,018,000. Mackenzie Financial Corp increased its position in shares of Gildan Activewear by 41.2% during the 4th quarter. Mackenzie Financial Corp now owns 6,860,108 shares of the textile maker’s stock valued at $429,382,000 after purchasing an additional 2,001,279 shares during the last quarter. Brandes Investment Partners LP purchased a new position in shares of Gildan Activewear during the 4th quarter valued at about $99,870,000. Finally, Vanguard Group Inc. raised its holdings in shares of Gildan Activewear by 26.0% during the 4th quarter. Vanguard Group Inc. now owns 7,566,962 shares of the textile maker’s stock valued at $472,964,000 after buying an additional 1,561,729 shares in the last quarter. 82.83% of the stock is owned by institutional investors.

Gildan Activewear Trading Down 0.2%

NYSE GIL opened at $55.78 on Wednesday. The firm has a market capitalization of $10.33 billion, a PE ratio of 107.27 and a beta of 1.11. The stock’s 50 day moving average is $53.98 and its 200 day moving average is $58.77. Gildan Activewear, Inc. has a twelve month low of $46.55 and a twelve month high of $73.69. The company has a quick ratio of 1.01, a current ratio of 1.93 and a debt-to-equity ratio of 1.15.

Gildan Activewear (NYSE:GIL – Get Free Report) (TSE:GIL) last announced its quarterly earnings data on Thursday, July 30th. The textile maker reported $1.28 earnings per share for the quarter, topping analysts’ consensus estimates of $1.11 by $0.17. Gildan Activewear had a net margin of 1.28% and a return on equity of 21.03%. The business had revenue of $1.58 billion for the quarter, compared to analysts’ expectations of $1.61 billion. During the same quarter in the prior year, the company earned $0.97 earnings per share. The business’s revenue was up 72.3% compared to the same quarter last year. Research analysts forecast that Gildan Activewear, Inc. will post 4.67 earnings per share for the current fiscal year.

Gildan Activewear Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, September 14th. Shareholders of record on Thursday, August 20th will be given a $0.249 dividend. The ex-dividend date of this dividend is Thursday, August 20th. This represents a $1.00 dividend on an annualized basis and a yield of 1.8%. Gildan Activewear’s payout ratio is 190.38%.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on the stock. Canadian Imperial Bank of Commerce reiterated an “outperform” rating and issued a $77.00 target price on shares of Gildan Activewear in a research report on Friday, May 1st. Citigroup reaffirmed a “neutral” rating on shares of Gildan Activewear in a research note on Tuesday, August 4th. Stifel Nicolaus set a $83.00 price objective on Gildan Activewear and gave the stock a “buy” rating in a report on Friday, July 31st. Weiss Ratings reissued a “hold (c)” rating on shares of Gildan Activewear in a research note on Thursday, August 13th. Finally, Zacks Research upgraded Gildan Activewear from a “strong sell” rating to a “hold” rating in a report on Friday, May 1st. Twelve analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $80.00.

View Our Latest Stock Analysis on GIL

Gildan Activewear Profile

(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.