G-III Apparel Group, LTD. $GIII Shares Purchased by Hound Partners LLC

Hound Partners LLC increased its holdings in G-III Apparel Group, LTD. (NASDAQ:GIII) by 280.0% in the 3rd quarter, according to its most recent disclosure with the SEC. The firm owned 478,909 shares of the textile maker’s stock after acquiring an additional 352,869 shares during the period. G-III Apparel Group makes up about 1.6% of Hound Partners LLC’s holdings, making the stock its 15th largest holding. Hound Partners LLC’s holdings in G-III Apparel Group were worth $12,744,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Brevan Howard Capital Management LP lifted its stake in shares of G-III Apparel Group by 237.0% in the 3rd quarter. Brevan Howard Capital Management LP now owns 35,273 shares of the textile maker’s stock valued at $939,000 after purchasing an additional 24,806 shares during the last quarter. CSM Advisors LLC increased its position in shares of G-III Apparel Group by 14.1% during the 3rd quarter. CSM Advisors LLC now owns 200,545 shares of the textile maker’s stock worth $5,336,000 after purchasing an additional 24,730 shares during the last quarter. Bank of America Corp DE increased its position in shares of G-III Apparel Group by 55.3% during the 3rd quarter. Bank of America Corp DE now owns 251,729 shares of the textile maker’s stock worth $6,699,000 after purchasing an additional 89,667 shares during the last quarter. Creative Planning purchased a new stake in G-III Apparel Group in the 3rd quarter valued at about $844,000. Finally, Man Group plc purchased a new stake in G-III Apparel Group in the 3rd quarter valued at about $1,189,000. Institutional investors and hedge funds own 92.13% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have weighed in on GIII. BTIG Research reaffirmed a “buy” rating on shares of G-III Apparel Group in a research note on Thursday. Weiss Ratings reissued a “hold (c+)” rating on shares of G-III Apparel Group in a research note on Friday, January 9th. Telsey Advisory Group restated a “market perform” rating and issued a $29.00 price objective (down from $34.00) on shares of G-III Apparel Group in a report on Monday, March 9th. KeyCorp reaffirmed an “overweight” rating and set a $35.00 price objective (up from $33.00) on shares of G-III Apparel Group in a research report on Wednesday, December 10th. Finally, UBS Group cut their target price on G-III Apparel Group from $32.00 to $30.00 and set a “neutral” rating on the stock in a research report on Tuesday, March 3rd. Two research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $29.80.

G-III Apparel Group Price Performance

NASDAQ GIII opened at $26.38 on Monday. The company has a market cap of $1.11 billion, a P/E ratio of 17.59 and a beta of 1.29. The stock has a 50-day moving average of $29.88 and a two-hundred day moving average of $28.78. G-III Apparel Group, LTD. has a 1-year low of $20.33 and a 1-year high of $34.83.

G-III Apparel Group (NASDAQ:GIII) last issued its quarterly earnings results on Thursday, March 12th. The textile maker reported $0.30 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.59 by ($0.29). G-III Apparel Group had a return on equity of 6.73% and a net margin of 2.28%.The business had revenue of $771.49 million for the quarter, compared to analyst estimates of $791.98 million. During the same period in the prior year, the company posted $1.27 EPS. The firm’s revenue for the quarter was down 8.1% compared to the same quarter last year. G-III Apparel Group has set its Q1 2027 guidance at -0.400–0.300 EPS and its FY 2027 guidance at 2.000-2.100 EPS. On average, analysts anticipate that G-III Apparel Group, LTD. will post 4.16 EPS for the current fiscal year.

G-III Apparel Group Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 30th. Shareholders of record on Monday, March 23rd will be issued a dividend of $0.10 per share. The ex-dividend date is Monday, March 23rd. This represents a $0.40 dividend on an annualized basis and a yield of 1.5%. G-III Apparel Group’s dividend payout ratio is 26.67%.

Key Headlines Impacting G-III Apparel Group

Here are the key news stories impacting G-III Apparel Group this week:

• Positive Sentiment: Board declared a quarterly cash dividend of $0.10/share (payable Mar 30, record Mar 23), signaling cash return to shareholders and offering limited near-term support. G-III Apparel Group Declares Quarterly Dividend
• Positive Sentiment: Management outlined a FY27 sales target (~$2.71B) and emphasized a strategic shift to owned brands and margin expansion — a longer-term growth/profitability thesis that could support multiple expansion if execution succeeds. G-III outlines $2.71B FY27 sales target amid strategic shift to owned brands and margin expansion
• Neutral Sentiment: Company published Q4/FY26 results and the FY27 outlook in a press release; full filings and call transcript provide detail for investors to model the new FY27 assumptions. G-III Apparel Group, Ltd. Reports Fourth Quarter and Full Year Fiscal 2026 Results; Provides Fiscal 2027 Outlook
• Neutral Sentiment: Full earnings call / transcript items are available for investors who want management’s color on results, the strategic plan and the impacts from licensing exits and retailer bankruptcies. G-III Apparel Group, Ltd. (GIII) Q4 2026 Earnings Call Transcript
• Negative Sentiment: Q4 EPS of $0.30 missed consensus (~$0.59) and revenue of $771.5M missed estimates; revenue fell ~8.1% y/y — a clear near-term earnings catalyst that pressured the stock. GIII Stock Falls 11% After Q4 Earnings Miss Estimates & Sales Dip Y/Y
• Negative Sentiment: FY27 EPS guidance of $2.00–2.10 and Q1 guide of -$0.40 to -$0.30 came in well below analyst expectations — the guidance cut is the primary reason for the sharp share decline as it implies slower near-term earnings recovery. Why G-III Apparel Group (GIII) Is Down 13.2% After Cutting Sales Outlook But Guiding Higher Profit
• Negative Sentiment: Disruption from Saks’ global bankruptcy and the planned exits of certain licensing relationships hurt comparable sales and inventory flow in Q4, aggravating the miss and creating nearer-term uncertainty. G-III Bitten by Saks Global Bankruptcy in the Fourth Quarter

G-III Apparel Group Profile

G-III Apparel Group, Ltd. is a global fashion company engaged in the design, sourcing, marketing and distribution of women’s and men’s apparel, outerwear, footwear, handbags and fashion accessories. Founded in 1956 and headquartered in New York City, the company has grown from an importer of ladies’ apparel into a diversified apparel business with a portfolio of owned and licensed brands.

The company’s product offerings span a broad spectrum of price points and styles, including formal and casual outerwear, sportswear, performance wear and contemporary fashion.