Key Points
- John Fisher, a major Gap shareholder, sold 300,000 shares on April 8 at an average price of $25.40 for $7.62M, cutting his position by 40.17% to 446,781 shares (≈$11.35M).
- Gap raised its quarterly dividend to $0.175 (annualized $0.70) with an ex-dividend date of April 8, a payment date of April 29, and a yield of about 2.7%.
- Gap slightly missed quarterly EPS ($0.45 vs. $0.46 est.) with roughly flat revenue year-over-year, and issued FY2026 guidance of 2.20–2.35 EPS versus analyst expectations near $2.02.
The Gap, Inc. (NYSE:GAP - Get Free Report) major shareholder John Fisher sold 300,000 shares of the company's stock in a transaction on Wednesday, April 8th. The shares were sold at an average price of $25.40, for a total transaction of $7,620,000.00. Following the completion of the sale, the insider owned 446,781 shares of the company's stock, valued at approximately $11,348,237.40. This represents a 40.17% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Major shareholders that own at least 10% of a company's stock are required to disclose their transactions with the SEC.
GAP Price Performance
GAP opened at $26.30 on Friday. 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 Gap, Inc. has a 12 month low of $17.90 and a 12 month high of $29.36. The company has a fifty day simple moving average of $26.06 and a 200 day simple moving average of $25.23. The stock has a market cap of $9.61 billion, a P/E ratio of 12.23, a P/E/G ratio of 1.53 and a beta of 2.27.
GAP (NYSE:GAP - Get Free Report) last released its quarterly earnings data on Thursday, March 5th. The company reported $0.45 EPS for the quarter, missing analysts' consensus estimates of $0.46 by ($0.01). GAP had a net margin of 5.31% and a return on equity of 22.98%. The firm had revenue of $4.24 billion during the quarter, compared to the consensus estimate of $4.24 billion. During the same quarter in the prior year, the company earned $0.54 EPS. GAP's quarterly revenue was up 2.1% on a year-over-year basis. GAP has set its FY 2026 guidance at 2.200-2.350 EPS. On average, research analysts expect that The Gap, Inc. will post 2.02 EPS for the current year.
GAP Increases Dividend
The company also recently disclosed 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. The ex-dividend date is Wednesday, April 8th. This represents a $0.70 dividend on an annualized basis and a dividend yield of 2.7%. This is an increase from GAP's previous quarterly dividend of $0.17. GAP's dividend payout ratio is currently 32.56%.
Institutional Investors Weigh In On GAP
Several hedge funds have recently bought and sold shares of GAP. Ameriprise Financial Inc. lifted its stake in GAP by 42.7% in the 2nd quarter. Ameriprise Financial Inc. now owns 4,407,809 shares of the company's stock valued at $96,134,000 after purchasing an additional 1,318,322 shares during the last quarter. Miller Howard Investments Inc. NY acquired a new stake in GAP in the 4th quarter valued at about $20,561,000. Jump Financial LLC lifted its stake in GAP by 2,197.8% in the 3rd quarter. Jump Financial LLC now owns 645,150 shares of the company's stock valued at $13,800,000 after purchasing an additional 617,073 shares during the last quarter. Bank of New York Mellon Corp lifted its stake in GAP by 13.0% in the 4th quarter. Bank of New York Mellon Corp now owns 3,195,934 shares of the company's stock valued at $81,816,000 after purchasing an additional 368,191 shares during the last quarter. Finally, CX Institutional acquired a new stake in GAP in the 3rd quarter valued at about $6,053,000. 58.81% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
A number of equities analysts recently weighed in on GAP shares. Robert W. Baird set a $33.00 target price on shares of GAP and gave the stock an "outperform" rating in a research note on Wednesday, December 17th. The Goldman Sachs Group upped their target price on shares of GAP from $29.00 to $32.00 and gave the stock a "buy" rating in a research note on Friday, January 30th. Barclays reaffirmed an "overweight" rating on shares of GAP in a research note on Tuesday, January 6th. Argus raised shares of GAP to a "strong-buy" rating in a research note on Thursday, January 22nd. Finally, Wells Fargo & Company set a $30.00 target price on shares of GAP and gave the stock an "overweight" rating in a research note on Tuesday, December 16th. Two analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $30.62.
View Our Latest Stock 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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