BI Asset Management Fondsmaeglerselskab A S Makes New $4.80 Million Investment in The Gap, Inc. $GAP

BI Asset Management Fondsmaeglerselskab A S purchased a new position in shares of The Gap, Inc. (NYSE:GAP) in the fourth quarter, HoldingsChannel reports. The institutional investor purchased 187,548 shares of the company’s stock, valued at approximately $4,801,000.

Several other hedge funds also recently modified their holdings of the business. Cullen Frost Bankers Inc. acquired a new stake in shares of GAP in the fourth quarter worth $26,000. Plato Investment Management Ltd acquired a new stake in GAP during the fourth quarter worth about $28,000. V Square Quantitative Management LLC acquired a new stake in GAP during the fourth quarter worth about $31,000. EverSource Wealth Advisors LLC increased its stake in GAP by 177.0% during the second quarter. EverSource Wealth Advisors LLC now owns 7,016 shares of the company’s stock valued at $153,000 after acquiring an additional 4,483 shares during the period. Finally, Transcend Capital Advisors LLC bought a new position in GAP during the fourth quarter valued at about $238,000. 58.81% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of research analysts recently commented on GAP shares. The Goldman Sachs Group cut their target price on GAP from $32.00 to $28.00 and set a “buy” rating for the company in a research note on Friday, May 29th. Telsey Advisory Group boosted their price target on shares of GAP from $32.00 to $34.00 and gave the company an “outperform” rating in a report on Monday, March 2nd. Citigroup raised their price objective on shares of GAP from $25.00 to $27.00 and gave the stock a “neutral” rating in a report on Friday, March 6th. Bank of America decreased their target price on shares of GAP from $29.00 to $26.00 and set a “neutral” rating on the stock in a research report on Friday, May 29th. Finally, JPMorgan Chase & Co. reiterated a “neutral” rating and issued a $27.00 price objective (down from $35.00) on shares of GAP in a research note on Friday, May 29th. Two analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $28.71.

Insider Buying and Selling at GAP

In other GAP news, CEO Mark Breitbard sold 119,155 shares of the stock in a transaction dated Tuesday, March 17th. The shares were sold at an average price of $23.80, for a total transaction of $2,835,889.00. Following the sale, the chief executive officer owned 135,884 shares of the company’s stock, valued at $3,234,039.20. This represents a 46.72% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Horacio Barbeito sold 113,684 shares of the firm’s stock in a transaction dated Friday, March 20th. The shares were sold at an average price of $24.01, for a total transaction of $2,729,552.84. Following the completion of the sale, the chief executive officer owned 115,024 shares of the company’s stock, valued at $2,761,726.24. The trade was a 49.71% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 923,098 shares of company stock worth $22,648,158 over the last quarter. Corporate insiders own 31.00% of the company’s stock.

GAP Price Performance

Shares of GAP stock opened at $21.53 on Monday. The company has a current ratio of 1.81, a quick ratio of 1.08 and a debt-to-equity ratio of 0.41. The stock has a market capitalization of $7.75 billion, a price-to-earnings ratio of 8.47, a P/E/G ratio of 1.27 and a beta of 2.03. The Gap, Inc. has a 1-year low of $18.68 and a 1-year high of $29.36. The firm’s 50-day moving average price is $23.87 and its two-hundred day moving average price is $25.57.

GAP (NYSE:GAP) last posted its 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 firm had revenue of $3.50 billion during the quarter, compared to the consensus estimate of $3.52 billion. GAP had a net margin of 6.25% and a return on equity of 21.13%. The business’s revenue was up 1.0% on a year-over-year basis. During the same quarter last year, the firm posted $0.51 EPS. GAP has set its FY 2026 guidance at 2.300-2.400 EPS. On average, equities analysts predict that The Gap, Inc. will post 2.34 earnings per share for the current fiscal year.

GAP Dividend Announcement

The firm 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. The ex-dividend date is Wednesday, July 8th. This represents a $0.70 dividend on an annualized basis and a dividend yield of 3.3%. GAP’s dividend payout ratio (DPR) is 27.56%.

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.