Key Points
- Insider sale: Eric Kayen Chan sold 13,377 GAP shares on April 10 at an average price of $26.18 for about $350,210, reducing his ownership by 37.85% to 21,967 shares valued at roughly $575,096.
- Dividend increase: GAP raised its quarterly dividend to $0.175 (annualized $0.70) from $0.17, yielding about 2.8% with an ex-dividend date of April 8 and payment on April 29.
- Recent results and outlook: GAP reported $0.45 EPS for the quarter (missing estimates by $0.01) on $4.24B revenue, set FY26 guidance of $2.20–$2.35 EPS, and carries a consensus analyst target of $30.62 with an average rating of "Moderate Buy."
The Gap, Inc. (NYSE:GAP - Get Free Report) insider Eric Kayen Chan sold 13,377 shares of the firm's stock in a transaction on Friday, April 10th. The shares were sold at an average price of $26.18, for a total value of $350,209.86. Following the transaction, the insider directly owned 21,967 shares in the company, valued at $575,096.06. This trade represents a 37.85% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this link.
GAP Price Performance
Shares of GAP opened at $25.27 on Tuesday. The firm has a market capitalization of $9.23 billion, a price-to-earnings ratio of 11.75, a price-to-earnings-growth ratio of 1.52 and a beta of 2.27. 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 one year low of $18.17 and a one year high of $29.36. The stock's fifty day moving average is $25.99 and its 200-day moving average is $25.29.
GAP (NYSE:GAP - Get Free Report) last issued its quarterly earnings results on Thursday, March 5th. The company reported $0.45 EPS for the quarter, missing analysts' consensus estimates of $0.46 by ($0.01). The business had revenue of $4.24 billion for the quarter, compared to analyst estimates of $4.24 billion. GAP had a net margin of 5.31% and a return on equity of 22.98%. GAP's revenue for the quarter was up 2.1% on a year-over-year basis. During the same period last year, the business posted $0.54 earnings per share. GAP has set its FY 2026 guidance at 2.200-2.350 EPS. Equities analysts anticipate that The Gap, Inc. will post 2.02 EPS for the current year.
GAP Increases Dividend
The firm also recently declared a quarterly dividend, which will be paid on Wednesday, April 29th. Stockholders of record on Wednesday, April 8th will be issued a dividend of $0.175 per share. This represents a $0.70 dividend on an annualized basis and a dividend yield of 2.8%. This is a positive change from GAP's previous quarterly dividend of $0.17. The ex-dividend date of this dividend is Wednesday, April 8th. GAP's dividend payout ratio is 32.56%.
Hedge Funds Weigh In On GAP
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in GAP. Cullen Frost Bankers Inc. acquired a new position in GAP in the 4th quarter worth approximately $26,000. Root Financial Partners LLC acquired a new stake in GAP during the 3rd quarter worth about $27,000. Plato Investment Management Ltd acquired a new stake in GAP during the 4th quarter worth about $28,000. V Square Quantitative Management LLC acquired a new stake in GAP during the 4th quarter worth about $31,000. Finally, Cornerstone Planning Group LLC acquired a new stake in GAP during the 3rd quarter worth about $35,000. Institutional investors and hedge funds own 58.81% of the company's stock.
Analysts Set New Price Targets
A number of research analysts have recently commented on the company. Zacks Research lowered GAP from a "strong-buy" rating to a "hold" rating in a report on Monday, February 2nd. Wall Street Zen lowered GAP from a "buy" rating to a "hold" rating in a report on Saturday, March 7th. UBS Group raised GAP from a "neutral" rating to a "buy" rating and raised their price target for the company from $26.00 to $41.00 in a report on Wednesday, January 7th. Citigroup raised their target price on GAP from $25.00 to $27.00 and gave the company a "neutral" rating in a research note on Friday, March 6th. Finally, The Goldman Sachs Group raised their target price on GAP from $29.00 to $32.00 and gave the company a "buy" rating in a research note on Friday, January 30th. Two investment analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus target price of $30.62.
Check Out Our Latest Research Report on GAP
GAP Company Profile
(
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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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