Key Points
- GAP CEO Mark Breitbard sold 16,030 shares at an average price of $23.74 for $380,552.20, cutting his stake by 10.85% to 131,703 shares valued at roughly $3.13 million.
- GAP raised its quarterly dividend to $0.175 (annualized $0.70) for a ~3.0% yield, with an ex-dividend date of April 8 and payment on April 29.
- Recent results and outlook: GAP reported Q EPS of $0.45 (missing by $0.01) on $4.24B in revenue (up 2.1% YoY), set FY2026 guidance of $2.20–$2.35 EPS, and carries a consensus "Moderate Buy" with an average target of $30.46.
The Gap, Inc. (NYSE:GAP - Get Free Report) CEO Mark Breitbard sold 16,030 shares of the company's stock in a transaction on Monday, March 16th. The stock was sold at an average price of $23.74, for a total transaction of $380,552.20. Following the completion of the transaction, the chief executive officer owned 131,703 shares of the company's stock, valued at $3,126,629.22. This trade represents a 10.85% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link.
GAP Stock Up 0.5%
GAP opened at $23.35 on Tuesday. The business's fifty day simple moving average is $26.98 and its 200 day simple moving average is $25.04. The Gap, Inc. has a 52 week low of $16.99 and a 52 week high of $29.36. The company has a quick ratio of 1.08, a current ratio of 1.75 and a debt-to-equity ratio of 0.39. The stock has a market cap of $8.69 billion, a PE ratio of 10.86, a P/E/G ratio of 1.34 and a beta of 2.29.
GAP (NYSE:GAP - Get Free Report) last issued its quarterly earnings results on Thursday, March 5th. The company reported $0.45 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.46 by ($0.01). GAP had a return on equity of 22.98% and a net margin of 5.31%.The firm had revenue of $4.24 billion for the quarter, compared to the consensus estimate of $4.24 billion. During the same period last year, the firm earned $0.54 EPS. The company's revenue for the quarter was up 2.1% on a year-over-year basis. GAP has set its FY 2026 guidance at 2.200-2.350 EPS. As a group, research analysts expect that The Gap, Inc. will post 2.02 earnings per share for the current fiscal year.
GAP Increases Dividend
The company also recently announced a quarterly dividend, which will be paid on Wednesday, April 29th. Investors of record on Wednesday, April 8th will be given a $0.175 dividend. This represents a $0.70 dividend on an annualized basis and a yield of 3.0%. The ex-dividend date is Wednesday, April 8th. This is a positive change from GAP's previous quarterly dividend of $0.17. GAP's dividend payout ratio is presently 30.70%.
Institutional Inflows and Outflows
Hedge funds have recently added to or reduced their stakes in the stock. Public Employees Retirement System of Ohio raised its holdings in GAP by 0.6% in the 3rd quarter. Public Employees Retirement System of Ohio now owns 71,867 shares of the company's stock worth $1,537,000 after purchasing an additional 447 shares in the last quarter. Oregon Public Employees Retirement Fund boosted its stake in shares of GAP by 1.3% during the 3rd quarter. Oregon Public Employees Retirement Fund now owns 45,799 shares of the company's stock valued at $980,000 after purchasing an additional 600 shares in the last quarter. Cullen Frost Bankers Inc. bought a new stake in shares of GAP during the 4th quarter valued at about $26,000. Plato Investment Management Ltd purchased a new position in shares of GAP during the fourth quarter valued at about $28,000. Finally, V Square Quantitative Management LLC purchased a new position in shares of GAP during the fourth quarter valued at about $31,000. 58.81% of the stock is owned by hedge funds and other institutional investors.
Wall Street Analysts Forecast Growth
Several research analysts have commented on GAP shares. Barclays reissued an "overweight" rating on shares of GAP in a research note on Tuesday, January 6th. Robert W. Baird set a $33.00 target price on shares of GAP and gave the company an "outperform" rating in a report on Wednesday, December 17th. Wells Fargo & Company set a $30.00 target price on shares of GAP and gave the stock an "overweight" rating in a research report on Tuesday, December 16th. Citigroup boosted their price target on shares of GAP from $25.00 to $27.00 and gave the stock a "neutral" rating in a research note on Friday, March 6th. Finally, JPMorgan Chase & Co. cut their price target on shares of GAP from $36.00 to $33.00 and set an "overweight" rating for the company in a research report on Friday, March 6th. Two equities research analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat.com, GAP currently has an average rating of "Moderate Buy" and an average target price of $30.46.
Read Our Latest Analysis on GAP
GAP Company Profile
(
Get Free Report)
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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