Gildan Activewear, Inc. $GIL Holdings Lifted by Bahl & Gaynor Inc.

Bahl & Gaynor Inc. increased its holdings in Gildan Activewear, Inc. (NYSE:GIL) (TSE:GIL) by 30.4% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,457,591 shares of the textile maker’s stock after acquiring an additional 339,959 shares during the period. Bahl & Gaynor Inc.’s holdings in Gildan Activewear were worth $84,249,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Vanguard Group Inc. lifted its position in shares of Gildan Activewear by 0.6% in the third quarter. Vanguard Group Inc. now owns 6,005,233 shares of the textile maker’s stock worth $346,928,000 after purchasing an additional 32,917 shares in the last quarter. Mackenzie Financial Corp grew its position in Gildan Activewear by 61.9% during the second quarter. Mackenzie Financial Corp now owns 4,434,020 shares of the textile maker’s stock valued at $218,622,000 after purchasing an additional 1,695,329 shares in the last quarter. The Manufacturers Life Insurance Company increased its stake in Gildan Activewear by 24.3% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 3,678,451 shares of the textile maker’s stock valued at $180,305,000 after buying an additional 718,896 shares during the period. Norges Bank purchased a new stake in Gildan Activewear in the 2nd quarter worth approximately $101,409,000. Finally, Goldman Sachs Group Inc. boosted its stake in shares of Gildan Activewear by 40.0% during the 1st quarter. Goldman Sachs Group Inc. now owns 1,760,253 shares of the textile maker’s stock valued at $77,838,000 after buying an additional 503,359 shares during the period. Hedge funds and other institutional investors own 82.83% of the company’s stock.

More Gildan Activewear News

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

Analysts Set New Price Targets

GIL has been the topic of several research analyst reports. Scotiabank restated an “outperform” rating on shares of Gildan Activewear in a report on Tuesday, February 3rd. UBS Group restated a “buy” rating and issued a $110.00 target price (up from $80.00) on shares of Gildan Activewear in a research note on Tuesday, December 16th. National Bank Financial upped their target price on Gildan Activewear from $92.00 to $97.00 and gave the stock an “outperform” rating in a research report on Monday, February 2nd. BMO Capital Markets raised their price target on Gildan Activewear from $70.00 to $78.00 and gave the stock an “outperform” rating in a research note on Monday, January 26th. Finally, Canadian Imperial Bank of Commerce reissued an “outperform” rating and issued a $79.00 price target on shares of Gildan Activewear in a research note on Friday, February 20th. Thirteen investment analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $80.00.

Gildan Activewear Stock Down 1.4%

GIL opened at $68.13 on Monday. The business has a 50 day moving average price of $66.66 and a 200 day moving average price of $60.85. Gildan Activewear, Inc. has a twelve month low of $37.16 and a twelve month high of $73.69. The company has a debt-to-equity ratio of 1.16, a quick ratio of 1.05 and a current ratio of 2.11. The firm has a market cap of $12.62 billion, a P/E ratio of 26.01 and a beta of 1.05.

Gildan Activewear (NYSE:GIL) (TSE:GIL) last announced its quarterly earnings results on Thursday, February 26th. The textile maker reported $0.96 EPS for the quarter, missing the consensus estimate of $1.31 by ($0.35). Gildan Activewear had a net margin of 11.02% and a return on equity of 27.32%. The company had revenue of $1.08 billion for the quarter, compared to analyst estimates of $1.01 billion. During the same quarter last year, the business earned $0.83 EPS. The company’s revenue for the quarter was up 31.1% on a year-over-year basis. Gildan Activewear has set its FY 2026 guidance at 4.200-4.400 EPS. Research analysts forecast that Gildan Activewear, Inc. will post 3.48 EPS for the current year.

Gildan Activewear Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, April 13th. Shareholders of record on Thursday, March 19th will be given a dividend of $0.249 per share. The ex-dividend date of this dividend is Thursday, March 19th. This represents a $1.00 dividend on an annualized basis and a yield of 1.5%. This is a positive change from Gildan Activewear’s previous quarterly dividend of $0.23. Gildan Activewear’s dividend payout ratio (DPR) is presently 34.35%.

About Gildan Activewear

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.