Entropy Technologies LP boosted its holdings in The Gap, Inc. (NYSE:GAP – Free Report) by 53.9% in the 4th quarter, HoldingsChannel.com reports. The firm owned 110,218 shares of the company’s stock after buying an additional 38,588 shares during the quarter. Entropy Technologies LP’s holdings in GAP were worth $2,822,000 at the end of the most recent quarter.
Several other institutional investors have also recently added to or reduced their stakes in GAP. Cullen Frost Bankers Inc. acquired a new position in GAP in the fourth quarter valued at $26,000. Plato Investment Management Ltd acquired a new position in GAP in the fourth quarter valued at $28,000. V Square Quantitative Management LLC acquired a new position in GAP in the fourth quarter valued at $31,000. EverSource Wealth Advisors LLC increased its stake in GAP by 177.0% in the second quarter. EverSource Wealth Advisors LLC now owns 7,016 shares of the company’s stock valued at $153,000 after purchasing an additional 4,483 shares during the last quarter. Finally, Atlas Capital Advisors Inc. acquired a new position in GAP in the fourth quarter valued at $203,000. 58.81% of the stock is currently owned by institutional investors and hedge funds.
GAP Price Performance
GAP stock opened at $21.92 on Monday. The company has a debt-to-equity ratio of 0.41, a quick ratio of 1.08 and a current ratio of 1.81. The Gap, Inc. has a 1 year low of $18.68 and a 1 year high of $29.36. The firm has a market cap of $7.89 billion, a P/E ratio of 8.63, a price-to-earnings-growth ratio of 1.29 and a beta of 2.03. The stock has a 50-day simple moving average of $23.58 and a 200-day simple moving average of $25.48.
GAP Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Wednesday, July 29th. Stockholders of record on Wednesday, July 8th will be paid a $0.175 dividend. The ex-dividend date is Wednesday, July 8th. This represents a $0.70 dividend on an annualized basis and a dividend yield of 3.2%. GAP’s dividend payout ratio (DPR) is 27.56%.
Insiders Place Their Bets
In other news, insider Julie Gruber sold 5,302 shares of the stock in a transaction dated Friday, April 17th. The stock was sold at an average price of $27.00, for a total value of $143,154.00. Following the completion of the sale, the insider owned 58,414 shares in the company, valued at approximately $1,577,178. This trade represents a 8.32% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Eric Kayen Chan sold 13,377 shares of the stock in a transaction dated Friday, April 10th. The shares were sold at an average price of $26.18, for a total value of $350,209.86. Following the completion of the sale, the insider owned 21,967 shares of the company’s stock, valued at approximately $575,096.06. This trade represents a 37.85% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 891,032 shares of company stock valued at $21,886,912. Company insiders own 31.00% of the company’s stock.
Analyst Upgrades and Downgrades
GAP has been the subject of several analyst reports. Jefferies Financial Group dropped their target price on GAP from $32.00 to $29.00 and set a “buy” rating for the company in a research note on Friday, May 29th. BTIG Research reiterated a “buy” rating and issued a $28.00 target price on shares of GAP in a research note on Friday, May 29th. The Goldman Sachs Group dropped their target price on GAP from $32.00 to $28.00 and set a “buy” rating for the company in a research note on Friday, May 29th. Citigroup upped their target price on GAP from $25.00 to $27.00 and gave the company a “neutral” rating in a research note on Friday, March 6th. Finally, Bank of America dropped their target price on GAP from $29.00 to $26.00 and set a “neutral” rating for the company in a research note on Friday, May 29th. Two research analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $28.71.
View Our Latest Analysis on GAP
Trending Headlines about GAP
Here are the key news stories impacting GAP this week:
- Positive Sentiment: Zacks Research raised estimates for Gap’s FY2027 earnings to $2.31 per share from $2.25, and also increased its Q2 2027 and Q3 2027 forecasts, suggesting analysts see better profit potential ahead.
- Positive Sentiment: The firm also nudged up its Q3 2027 EPS estimate to $0.78 from $0.73, reinforcing the view that Gap’s earnings trajectory may be improving.
- Neutral Sentiment: Recent lifestyle and brand coverage around Gap collaborations and product promotions may help keep the brand visible, but these items are not likely to materially change near-term fundamentals.
- Negative Sentiment: Zacks Research trimmed several longer-term earnings estimates, including FY2028, FY2029, Q4 2027, and Q1 2029, which could temper enthusiasm about Gap’s longer-term growth outlook.
- Negative Sentiment: Two law firms announced investigations into possible securities-law violations at The Gap, Inc., adding headline risk and potentially weighing on investor sentiment.
About GAP
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.
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