51,746 Shares in The Gap, Inc. $GAP Purchased by Campbell & CO Investment Adviser LLC

Campbell & CO Investment Adviser LLC bought a new position in shares of The Gap, Inc. (NYSE:GAP) during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor bought 51,746 shares of the company’s stock, valued at approximately $1,129,000.

Several other large investors have also modified their holdings of the business. Dodge & Cox purchased a new stake in shares of GAP in the 1st quarter worth approximately $592,222,000. Ameriprise Financial Inc. bought a new position in GAP in the first quarter worth approximately $63,674,000. LSV Asset Management purchased a new stake in GAP during the first quarter worth $32,655,000. Caisse DE Depot ET Placement DU Quebec bought a new stake in GAP during the 1st quarter valued at $7,207,000. Finally, Corebridge Financial Inc. bought a new stake in GAP during the 1st quarter valued at $5,062,000. Institutional investors own 58.81% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have recently commented on the company. Citigroup boosted their price target on GAP from $22.00 to $23.00 and gave the stock a “neutral” rating in a research report on Wednesday, November 5th. UBS Group lifted their target price on GAP from $23.00 to $25.00 and gave the company a “neutral” rating in a research note on Monday. Barclays downgraded shares of GAP from an “overweight” rating to an “equal weight” rating and reduced their target price for the stock from $24.00 to $19.00 in a report on Friday, August 22nd. Telsey Advisory Group decreased their price target on shares of GAP from $26.00 to $24.00 and set a “market perform” rating for the company in a research report on Tuesday, September 2nd. Finally, Morgan Stanley lifted their price objective on shares of GAP from $28.00 to $30.00 and gave the stock an “overweight” rating in a research report on Wednesday, November 5th. Seven analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $26.06.

GAP Stock Up 3.7%

GAP stock opened at $24.91 on Thursday. The stock has a market capitalization of $9.24 billion, a PE ratio of 10.65, a price-to-earnings-growth ratio of 2.70 and a beta of 2.17. The Gap, Inc. has a 52 week low of $16.99 and a 52 week high of $29.29. The company has a quick ratio of 0.96, a current ratio of 1.68 and a debt-to-equity ratio of 0.43. The firm has a 50 day moving average of $22.57 and a 200 day moving average of $22.41.

GAP (NYSE:GAP) last issued its quarterly earnings results on Thursday, August 28th. The company reported $0.57 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.55 by $0.02. GAP had a net margin of 5.86% and a return on equity of 27.04%. The business had revenue of $3.73 billion for the quarter, compared to analyst estimates of $3.73 billion. During the same quarter in the prior year, the business posted $0.54 EPS. GAP’s revenue for the quarter was up .1% compared to the same quarter last year. GAP has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. Sell-side analysts forecast that The Gap, Inc. will post 2.02 earnings per share for the current year.

GAP Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, January 28th. Shareholders of record on Wednesday, January 7th will be given a dividend of $0.165 per share. The ex-dividend date of this dividend is Wednesday, January 7th. This represents a $0.66 dividend on an annualized basis and a yield of 2.6%. GAP’s payout ratio is currently 28.21%.

Insider Activity

In related news, Director Robert J. Fisher sold 500,000 shares of the company’s stock in a transaction that occurred on Wednesday, September 24th. The stock was sold at an average price of $22.90, for a total value of $11,450,000.00. Following the sale, the director owned 2,829,502 shares in the company, valued at $64,795,595.80. This represents a 15.02% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director William Sydney Fisher sold 200,000 shares of the stock in a transaction that occurred on Monday, September 15th. The stock was sold at an average price of $23.86, for a total transaction of $4,772,000.00. Following the completion of the transaction, the director owned 3,253,453 shares in the company, valued at approximately $77,627,388.58. This trade represents a 5.79% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 943,064 shares of company stock worth $22,011,784. Company insiders own 31.00% of the company’s stock.

About GAP

Gap, Inc operates as a global apparel retail company, which offers clothing, apparel, accessories, and personal care products for men, women, and children. The firm operates through the following segments: Gap Global, Old Navy Global, Banana Republic Global, Athleta, and Other. The Gap Global segment includes apparel and accessories for men and women under the Gap brand, along with the GapKids, BabyGap, GapMaternity, GapBody, and GapFit collections.