Rep. Thomas H. Kean, Jr. Sells Shares of Gildan Activewear, Inc. (NYSE:GIL)

Representative Thomas H. Kean, Jr. (Republican-New Jersey) recently sold shares of Gildan Activewear, Inc. (NYSE:GIL). In a filing disclosed on July 15th, the Representative disclosed that they had sold between $1,001 and $15,000 in Gildan Activewear stock on June 17th. The trade occurred in the Representative’s “KEAN FAMILY PARTNERSHIP” account.

Representative Thomas H. Kean, Jr. also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of Analog Devices (NASDAQ:ADI) on 6/30/2026.
• Sold $1,001 – $15,000 in shares of S&P Global (NYSE:SPGI) on 6/29/2026.
• Sold $1,001 – $15,000 in shares of Markel Group (NYSE:MKL) on 6/29/2026.
• Sold $1,001 – $15,000 in shares of Johnson & Johnson (NYSE:JNJ) on 6/29/2026.
• Purchased $1,001 – $15,000 in shares of ESAB (NYSE:ESAB) on 6/24/2026.
• Sold $15,001 – $50,000 in shares of Alphabet (NASDAQ:GOOGL) on 6/24/2026.
• Purchased $1,001 – $15,000 in shares of ESAB (NYSE:ESAB) on 6/22/2026.
• Purchased $1,001 – $15,000 in shares of Wheaton Precious Metals (NYSE:WPM) on 6/4/2026.
• Purchased $1,001 – $15,000 in shares of Gildan Activewear (NYSE:GIL) on 6/2/2026.
• Sold $1,001 – $15,000 in shares of Johnson & Johnson (NYSE:JNJ) on 6/2/2026.

Gildan Activewear Price Performance

Gildan Activewear stock traded up $0.48 during midday trading on Friday, hitting $54.06. The company’s stock had a trading volume of 1,728,967 shares, compared to its average volume of 1,113,197. The company has a quick ratio of 1.17, a current ratio of 2.35 and a debt-to-equity ratio of 1.32. The stock’s 50-day moving average price is $55.38 and its 200-day moving average price is $60.21. Gildan Activewear, Inc. has a 12 month low of $46.00 and a 12 month high of $73.69. The company has a market capitalization of $10.01 billion, a PE ratio of 31.80 and a beta of 1.11.

Gildan Activewear (NYSE:GIL) (TSE:GIL) last issued its quarterly earnings results on Thursday, April 30th. The textile maker reported $0.43 earnings per share for the quarter, beating analysts’ consensus estimates of $0.36 by $0.07. The company had revenue of $1.17 billion during the quarter, compared to the consensus estimate of $1.14 billion. Gildan Activewear had a net margin of 6.10% and a return on equity of 21.38%. Gildan Activewear’s revenue was up 63.8% on a year-over-year basis. During the same period in the prior year, the company earned $0.59 EPS. Gildan Activewear has set its FY 2026 guidance at 4.200-4.400 EPS. Analysts anticipate that Gildan Activewear, Inc. will post 4.25 earnings per share for the current fiscal year.

Gildan Activewear Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, June 15th. Investors of record on Wednesday, May 20th were issued a dividend of $0.249 per share. This represents a $1.00 dividend on an annualized basis and a yield of 1.8%. The ex-dividend date of this dividend was Wednesday, May 20th. Gildan Activewear’s payout ratio is presently 58.82%.

Institutional Trading of Gildan Activewear

Several hedge funds have recently added to or reduced their stakes in the business. Washburn Capital Management Inc. boosted its position in shares of Gildan Activewear by 3.8% during the fourth quarter. Washburn Capital Management Inc. now owns 4,257 shares of the textile maker’s stock worth $266,000 after buying an additional 157 shares during the period. Fifth Third Bancorp raised its position in Gildan Activewear by 16.5% during the first quarter. Fifth Third Bancorp now owns 1,355 shares of the textile maker’s stock worth $75,000 after acquiring an additional 192 shares in the last quarter. Arkadios Wealth Advisors lifted its stake in Gildan Activewear by 2.2% in the 4th quarter. Arkadios Wealth Advisors now owns 8,787 shares of the textile maker’s stock valued at $549,000 after purchasing an additional 193 shares during the last quarter. Tacita Capital Inc lifted its position in shares of Gildan Activewear by 1.9% in the fourth quarter. Tacita Capital Inc now owns 11,250 shares of the textile maker’s stock valued at $704,000 after buying an additional 211 shares during the last quarter. Finally, Cetera Investment Advisers boosted its position in Gildan Activewear by 2.1% during the second quarter. Cetera Investment Advisers now owns 12,510 shares of the textile maker’s stock worth $616,000 after purchasing an additional 259 shares during the period. Institutional investors own 82.83% of the company’s stock.

Analyst Ratings Changes

GIL has been the topic of several research reports. Zacks Research raised Gildan Activewear from a “strong sell” rating to a “hold” rating in a report on Friday, May 1st. UBS Group restated a “buy” rating on shares of Gildan Activewear in a report on Friday. Canadian Imperial Bank of Commerce restated an “outperform” rating and set a $77.00 price target on shares of Gildan Activewear in a report on Friday, May 1st. Scotiabank restated a “sector outperform” rating and issued a $65.00 price objective (down from $72.00) on shares of Gildan Activewear in a report on Wednesday, June 17th. Finally, TD Securities reaffirmed a “buy” rating on shares of Gildan Activewear in a research report on Tuesday, June 16th. Thirteen equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $78.21.

About Representative Kean

Thomas Kean Jr. (Republican Party) is a member of the U.S. House, representing New Jersey’s 7th Congressional District. He assumed office on January 3, 2023. His current term ends on January 3, 2027.

Kean (Republican Party) is running for re-election to the U.S. House to represent New Jersey’s 7th Congressional District. He declared candidacy for the 2026 election.

Thomas Kean Jr. lives in Westfield, New Jersey. Kean earned a master’s degree from the Tufts University Fletcher School of Law and Diplomacy. His career experience includes working with the Environmental Protection Agency during the George H.W. Bush administration and as an advisor to former U.S. Representative Bob Franks, a firefighter, and an emergency medical technician. Kean has served as the vice president of a fire department.

About Gildan Activewear

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.