Mufg Securities Canada LTD. Reduces Position in Gildan Activewear, Inc. $GIL

Posted by on Sep 1st, 2026

Mufg Securities Canada LTD. lessened its holdings in shares of Gildan Activewear, Inc. (NYSE:GIL – Free Report) (TSE:GIL) by 4.6% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 261,950 shares of the textile maker’s stock after selling 12,714 shares during the period. Mufg Securities Canada LTD.’s holdings in Gildan Activewear were worth $13,484,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. AQR Capital Management LLC increased its stake in Gildan Activewear by 49.3% in the first quarter. AQR Capital Management LLC now owns 13,209 shares of the textile maker’s stock worth $584,000 after purchasing an additional 4,360 shares during the period. Goldman Sachs Group Inc. grew its holdings in shares of Gildan Activewear by 40.0% in the first quarter. Goldman Sachs Group Inc. now owns 1,760,253 shares of the textile maker’s stock worth $77,838,000 after purchasing an additional 503,359 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake in Gildan Activewear by 2.6% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 186,585 shares of the textile maker’s stock worth $8,251,000 after buying an additional 4,714 shares during the period. Cetera Investment Advisers lifted its holdings in Gildan Activewear by 2.1% during the 2nd quarter. Cetera Investment Advisers now owns 12,510 shares of the textile maker’s stock valued at $616,000 after buying an additional 259 shares in the last quarter. Finally, Prudential Financial Inc. purchased a new stake in Gildan Activewear in the 2nd quarter valued at about $317,000. 82.83% of the stock is owned by institutional investors.

Gildan Activewear Stock Down 1.8%

Shares of NYSE GIL opened at $52.16 on Tuesday. Gildan Activewear, Inc. has a 12-month low of $46.55 and a 12-month high of $73.69. The stock’s fifty day simple moving average is $53.80 and its two-hundred day simple moving average is $57.88. The stock has a market capitalization of $9.66 billion, a PE ratio of 100.31 and a beta of 1.11. The company has a current ratio of 1.93, a quick ratio of 1.01 and a debt-to-equity ratio of 1.15.

Gildan Activewear (NYSE:GIL – Get Free Report) (TSE:GIL) last issued 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. The firm had revenue of $1.58 billion during the quarter, compared to analysts’ expectations of $1.61 billion. Gildan Activewear had a return on equity of 21.03% and a net margin of 1.28%.The firm’s quarterly revenue was up 72.3% on a year-over-year basis. During the same period in the prior year, the business posted $0.97 EPS. As a group, analysts expect that Gildan Activewear, Inc. will post 4.67 EPS for the current fiscal year.

Gildan Activewear Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, September 14th. Investors of record on Thursday, August 20th will be given a dividend of $0.249 per share. 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 1.9%. Gildan Activewear’s dividend payout ratio is presently 192.31%.

Analysts Set New Price Targets

A number of equities analysts have recently commented on GIL shares. Stifel Nicolaus set a $83.00 target price on shares of Gildan Activewear and gave the stock a “buy” rating in a research report on Friday, July 31st. Scotia raised their price objective on Gildan Activewear from $65.00 to $67.00 and gave the stock a “sector outperform” rating in a report on Friday, July 31st. UBS Group upped their target price on Gildan Activewear from $110.00 to $111.00 and gave the stock a “buy” rating in a report on Friday, July 31st. Citigroup reissued a “neutral” rating on shares of Gildan Activewear in a research report on Tuesday, August 4th. Finally, TD Securities restated a “buy” rating on shares of Gildan Activewear in a report on Tuesday, June 16th. Twelve research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $80.00.

Read Our Latest Research Report on Gildan Activewear

Gildan Activewear Company 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.

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Institutional Ownership by Quarter for Gildan Activewear (NYSE:GIL)

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