JPMorgan Chase & Co. Raises Stock Holdings in Gildan Activewear, Inc. $GIL

JPMorgan Chase & Co. boosted its stake in shares of Gildan Activewear, Inc. (NYSE:GIL) (TSE:GIL) by 3.5% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 615,792 shares of the textile maker’s stock after purchasing an additional 21,078 shares during the quarter. JPMorgan Chase & Co. owned about 0.41% of Gildan Activewear worth $35,593,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also added to or reduced their stakes in GIL. Mackenzie Financial Corp boosted its holdings in shares of Gildan Activewear by 61.9% in the 2nd quarter. Mackenzie Financial Corp now owns 4,434,020 shares of the textile maker’s stock valued at $218,622,000 after buying an additional 1,695,329 shares in the last quarter. The Manufacturers Life Insurance Company lifted its position in Gildan Activewear by 24.3% during the second quarter. The Manufacturers Life Insurance Company now owns 3,678,451 shares of the textile maker’s stock valued at $180,305,000 after acquiring an additional 718,896 shares during the last quarter. Norges Bank acquired a new stake in Gildan Activewear in the second quarter valued at approximately $101,409,000. Goldman Sachs Group Inc. boosted its stake in 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 valued at $77,838,000 after acquiring an additional 503,359 shares in the last quarter. Finally, Connor Clark & Lunn Investment Management Ltd. grew its holdings in Gildan Activewear by 40.4% in the second quarter. Connor Clark & Lunn Investment Management Ltd. now owns 1,579,620 shares of the textile maker’s stock worth $77,885,000 after purchasing an additional 454,327 shares during the last quarter. 82.83% of the stock is currently owned by institutional investors.

Gildan Activewear News Summary

Here are the key news stories impacting Gildan Activewear this week:

• Positive Sentiment: Record revenue and margin improvement: Gildan reported record fourth‑quarter revenue (including HanesBrands contribution from Dec. 1–28) and expanded gross margins, showing strong top‑line growth and improved profitability. GlobeNewswire Release
• Positive Sentiment: Raised synergy targets and integration progress: Management said Hanes integration is delivering stronger than expected savings and increased targeted run‑rate synergies, supporting longer‑term margin potential. MSN Article
• Positive Sentiment: Dividend raise: Gildan announced a ~10.2% increase to the quarterly dividend (new quarterly payment $0.249), signaling confidence in cash flow and returning capital to shareholders.
• Neutral Sentiment: Hanes acquisition closed Dec. 1 — results include only one month of Hanes, which complicates quarter‑over‑quarter comparisons but explains substantial top‑line lift; the Hanes Australian business is classified as held for sale. GlobeNewswire Release
• Negative Sentiment: EPS miss: Adjusted EPS of $0.96 missed the consensus of $1.31, which likely disappointed traders expecting stronger near‑term profitability despite higher revenue. Zacks Earnings Article
• Negative Sentiment: FY‑2026 guidance below consensus: Gildan set FY‑2026 EPS guidance of $4.20–$4.40, below the Street (~$4.46), which reduced near‑term earnings visibility and likely pressured the stock. MSN Guidance Story

Analyst Upgrades and Downgrades

Several brokerages have recently commented on GIL. Stifel Nicolaus increased their price objective on Gildan Activewear from $75.00 to $80.00 and gave the company a “buy” rating in a report on Monday, February 23rd. Scotiabank reiterated an “outperform” rating on shares of Gildan Activewear in a research note on Tuesday, February 3rd. Canadian Imperial Bank of Commerce restated an “outperform” rating and set a $79.00 price target on shares of Gildan Activewear in a research note on Friday, February 20th. BMO Capital Markets upped their price objective on shares of Gildan Activewear from $70.00 to $78.00 and gave the company an “outperform” rating in a report on Monday, January 26th. Finally, National Bank Financial lifted their target price on shares of Gildan Activewear from $92.00 to $97.00 and gave the stock an “outperform” rating in a research note on Monday, February 2nd. Thirteen research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $80.00.

Gildan Activewear Trading Down 1.4%

Gildan Activewear stock opened at $68.13 on Friday. The stock has a 50-day moving average price of $66.66 and a 200 day moving average price of $60.73. The company has a market capitalization of $12.62 billion, a price-to-earnings ratio of 26.01 and a beta of 1.08. Gildan Activewear, Inc. has a 52 week low of $37.16 and a 52 week high of $73.69. The company has a quick ratio of 0.88, a current ratio of 2.01 and a debt-to-equity ratio of 0.94.

Gildan Activewear (NYSE:GIL) (TSE:GIL) last issued its quarterly earnings results on Thursday, February 26th. The textile maker reported $0.96 earnings per share for the quarter, missing the consensus estimate of $1.31 by ($0.35). Gildan Activewear had a return on equity of 37.40% and a net margin of 11.02%.The business had revenue of $1.08 billion during the quarter, compared to analyst estimates of $1.01 billion. During the same quarter last year, the company posted $0.83 EPS. Gildan Activewear’s quarterly revenue was up 31.1% compared to the same quarter last year. Gildan Activewear has set its FY 2026 guidance at 4.200-4.400 EPS. Sell-side analysts anticipate that Gildan Activewear, Inc. will post 3.48 EPS for the current year.

Gildan Activewear Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, April 13th. Investors of record on Thursday, March 19th will be issued a dividend of $0.249 per share. This represents a $1.00 annualized dividend and a dividend yield of 1.5%. This is a boost from Gildan Activewear’s previous quarterly dividend of $0.23. The ex-dividend date of this dividend is Thursday, March 19th. Gildan Activewear’s dividend payout ratio is 28.75%.

Gildan Activewear Profile

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.