Key Points
- CEO Mark Breitbard sold 119,155 shares on March 17 at an average price of $23.80 for about $2.84 million, leaving him with 135,884 shares — a 46.72% reduction in his ownership.
- GAP reported Q results with $0.45 EPS vs. $0.46 expected and $4.24 billion in revenue (up 2.1% YoY), and set FY2026 guidance of $2.20–$2.35 EPS while analysts' average price target is $30.46 (Moderate Buy).
- The company raised its quarterly dividend to $0.175 per share (annualized $0.70, ~2.9% yield), with an ex-dividend date of April 8 and a payment date of April 29.
The Gap, Inc. (NYSE:GAP - Get Free Report) insider Julie Gruber sold 74,217 shares of the firm's stock in a transaction that occurred on Tuesday, March 17th. The shares were sold at an average price of $23.85, for a total value of $1,770,075.45. Following the completion of the sale, the insider owned 53,970 shares in the company, valued at approximately $1,287,184.50. This represents a 57.90% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.
GAP Trading Up 0.7%
NYSE:GAP opened at $24.03 on Thursday. The stock has a market cap of $8.94 billion, a price-to-earnings ratio of 11.17, a PEG ratio of 1.38 and a beta of 2.29. The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.08 and a current ratio of 1.75. The Gap, Inc. has a 1 year low of $16.99 and a 1 year high of $29.36. The business has a fifty day moving average of $26.86 and a 200-day moving average of $25.05.
GAP (NYSE:GAP - Get Free Report) last posted its quarterly earnings data on Thursday, March 5th. The company reported $0.45 earnings per share for the quarter, missing the consensus estimate of $0.46 by ($0.01). The company had revenue of $4.24 billion during the quarter, compared to analyst estimates of $4.24 billion. GAP had a return on equity of 22.98% and a net margin of 5.31%.The business's revenue for the quarter was up 2.1% compared to the same quarter last year. During the same period in the previous year, the company earned $0.54 EPS. GAP has set its FY 2026 guidance at 2.200-2.350 EPS. Equities analysts predict that The Gap, Inc. will post 2.02 earnings per share for the current year.
GAP Increases Dividend
The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 29th. Stockholders of record on Wednesday, April 8th will be paid a $0.175 dividend. The ex-dividend date of this dividend is Wednesday, April 8th. This represents a $0.70 dividend on an annualized basis and a dividend yield of 2.9%. This is an increase from GAP's previous quarterly dividend of $0.17. GAP's dividend payout ratio (DPR) is currently 30.70%.
Institutional Trading of GAP
A number of large investors have recently added to or reduced their stakes in the business. Amundi acquired a new position in GAP in the 1st quarter worth approximately $259,000. Geode Capital Management LLC lifted its holdings in shares of GAP by 3.8% in the second quarter. Geode Capital Management LLC now owns 4,166,545 shares of the company's stock valued at $91,399,000 after purchasing an additional 151,297 shares in the last quarter. Police & Firemen s Retirement System of New Jersey boosted its position in shares of GAP by 18.6% in the second quarter. Police & Firemen s Retirement System of New Jersey now owns 87,700 shares of the company's stock worth $1,913,000 after buying an additional 13,723 shares during the period. LSV Asset Management boosted its position in shares of GAP by 101.0% in the second quarter. LSV Asset Management now owns 3,184,477 shares of the company's stock worth $69,453,000 after buying an additional 1,600,041 shares during the period. Finally, Rhumbline Advisers grew its holdings in shares of GAP by 2.5% during the second quarter. Rhumbline Advisers now owns 607,470 shares of the company's stock valued at $13,249,000 after buying an additional 15,053 shares in the last quarter. 58.81% of the stock is currently owned by institutional investors.
Analysts Set New Price Targets
GAP has been the topic of a number of research analyst reports. Wells Fargo & Company set a $30.00 price objective on shares of GAP and gave the company an "overweight" rating in a research note on Tuesday, December 16th. UBS Group upgraded GAP from a "neutral" rating to a "buy" rating and upped their target price for the stock from $26.00 to $41.00 in a research report on Wednesday, January 7th. Weiss Ratings lowered GAP from a "buy (b-)" rating to a "hold (c+)" rating in a research note on Thursday, March 12th. BTIG Research lifted their price target on GAP from $30.00 to $31.00 and gave the company a "buy" rating in a research report on Friday, November 21st. Finally, Telsey Advisory Group boosted their price objective on GAP from $32.00 to $34.00 and gave the stock an "outperform" rating in a research note on Monday, March 2nd. Two research analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating and five have given a Hold rating to the company's stock. According to MarketBeat.com, GAP presently has a consensus rating of "Moderate Buy" and an average price target of $30.46.
Read Our Latest Report on GAP
About GAP
(
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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