BTIG Research reissued their buy rating on shares of GAP (NYSE:GAP – Free Report) in a research report report published on Friday,Benzinga reports. The firm currently has a $28.00 price target on the stock.
GAP has been the topic of several other reports. Citigroup boosted 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. Telsey Advisory Group boosted their target price on GAP from $32.00 to $34.00 and gave the company an “outperform” rating in a research note on Monday, March 2nd. TD Cowen reduced their target price on GAP from $32.00 to $26.00 and set a “buy” rating on the stock in a research note on Monday, May 18th. Evercore set a $20.00 target price on GAP and gave the company an “in-line” rating in a research note on Friday. Finally, The Goldman Sachs Group reduced their target price on GAP from $32.00 to $28.00 and set a “buy” rating on the stock in a research note on Friday. Two investment analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat, GAP currently has an average rating of “Moderate Buy” and a consensus target price of $28.71.
GAP Trading Down 15.4%
GAP (NYSE:GAP – Get Free Report) last announced its quarterly earnings results on Thursday, May 28th. The company reported $0.38 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.39 by ($0.01). The business had revenue of $3.50 billion for the quarter, compared to analysts’ expectations of $3.52 billion. GAP had a net margin of 6.25% and a return on equity of 21.17%. The firm’s revenue for the quarter was up 1.0% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.51 EPS. GAP has set its FY 2026 guidance at 2.300-2.400 EPS. As a group, sell-side analysts anticipate that GAP will post 2.29 earnings per share for the current year.
GAP Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Wednesday, July 29th. Stockholders of record on Wednesday, July 8th will be paid a $0.175 dividend. This represents a $0.70 dividend on an annualized basis and a dividend yield of 3.3%. The ex-dividend date is Wednesday, July 8th. GAP’s dividend payout ratio (DPR) is presently 27.56%.
Insider Buying and Selling
In other news, CFO Katrina O’connell sold 153,413 shares of the firm’s stock in a transaction that occurred on Tuesday, March 17th. The stock was sold at an average price of $23.85, for a total value of $3,658,900.05. Following the completion of the transaction, the chief financial officer owned 11,503 shares in the company, valued at $274,346.55. This trade represents a 93.02% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, 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 transaction, the insider owned 53,970 shares of the company’s stock, valued at approximately $1,287,184.50. The trade was a 57.90% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 923,098 shares of company stock worth $22,648,158 over the last quarter. Company insiders own 31.00% of the company’s stock.
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently added to or reduced their stakes in GAP. Cullen Frost Bankers Inc. bought a new position in GAP during the 4th quarter valued at approximately $26,000. Plato Investment Management Ltd bought a new position in GAP during the 4th quarter valued at approximately $28,000. V Square Quantitative Management LLC bought a new position in GAP during the 4th quarter valued at approximately $31,000. Cornerstone Planning Group LLC bought a new position in GAP during the 3rd quarter valued at approximately $35,000. Finally, EverSource Wealth Advisors LLC increased its position in GAP by 177.0% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 7,016 shares of the company’s stock valued at $153,000 after buying an additional 4,483 shares in the last quarter. Institutional investors own 58.81% of the company’s stock.
Trending Headlines about GAP
Here are the key news stories impacting GAP this week:
- Negative Sentiment: The Gap reported Q1 EPS of $0.38, missing estimates, and revenue of $3.50 billion, also slightly below expectations. The market is reacting to the earnings miss and lower revenue trend. Article Title
- Negative Sentiment: Management lowered fiscal 2026 revenue guidance to 1% to 2% growth from 2% to 3%, citing slower Old Navy growth and weaker-than-expected spring/summer demand. Article Title
- Negative Sentiment: Several headlines highlighted that shares fell sharply after the company’s cautious Q2 outlook and sales guidance reset, with analysts and media focusing on the weak consumer backdrop and pressure on nonessential spending. Article Title
- Neutral Sentiment: Gap still posted 2% comparable sales growth for a ninth straight quarter, and the flagship Gap brand remained relatively strong, which partially offsets the weaker outlook. Article Title
- Neutral Sentiment: Analysts broadly kept positive or neutral ratings but lowered price targets, signaling that Wall Street sees upside from current levels, while acknowledging slower near-term growth. Article Title
- Negative Sentiment: A shareholder investigation notice added another overhang, reflecting investor concern that the quarter’s results may have involved disclosure or securities-law issues. Article Title
About GAP
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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