Rep. Gilbert Ray Cisneros, Jr. Buys Gildan Activewear, Inc. (NYSE:GIL) Stock

Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently bought shares of Gildan Activewear, Inc. (NYSE:GIL). In a filing disclosed on May 08th, the Representative disclosed that they had bought between $1,001 and $15,000 in Gildan Activewear stock on April 29th. The trade occurred in the Representative’s “150 MAIN STREET TRUST > BANK OF AMERICA” account.

Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of Revvity (NYSE:RVTY) on 5/1/2026.
• Sold $1,001 – $15,000 in shares of Flex (NASDAQ:FLEX) on 5/1/2026.
• Purchased $1,001 – $15,000 in shares of LPL Financial (NASDAQ:LPLA) on 5/1/2026.
• Purchased $1,001 – $15,000 in shares of FirstService (NASDAQ:FSV) on 5/1/2026.
• Sold $1,001 – $15,000 in shares of SS&C Technologies (NASDAQ:SSNC) on 5/1/2026.
• Purchased $1,001 – $15,000 in shares of Wayfair (NYSE:W) on 5/1/2026.
• Purchased $1,001 – $15,000 in shares of STERIS (NYSE:STE) on 5/1/2026.
• Purchased $1,001 – $15,000 in shares of DoorDash (NASDAQ:DASH) on 5/1/2026.
• Purchased $1,001 – $15,000 in shares of Sensata Technologies (NYSE:ST) on 5/1/2026.
• Purchased $1,001 – $15,000 in shares of Veralto (NYSE:VLTO) on 5/1/2026.

Gildan Activewear Stock Down 2.2%

NYSE GIL traded down $1.29 on Tuesday, hitting $56.39. 161,853 shares of the stock traded hands, compared to its average volume of 1,293,964. The company has a market capitalization of $10.44 billion, a P/E ratio of 33.17 and a beta of 1.10. The stock has a 50-day moving average of $59.00 and a 200 day moving average of $61.50. The company has a current ratio of 2.35, a quick ratio of 1.17 and a debt-to-equity ratio of 1.32. Gildan Activewear, Inc. has a twelve month low of $46.00 and a twelve month high of $73.69.

Gildan Activewear (NYSE:GIL) (TSE:GIL) last posted its quarterly earnings results on Thursday, April 30th. The textile maker reported $0.43 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.36 by $0.07. The business had revenue of $1.17 billion for the quarter, compared to analyst estimates of $1.14 billion. Gildan Activewear had a return on equity of 21.38% and a net margin of 6.10%.The business’s revenue was up 63.8% compared to the same quarter last year. During the same period in the prior year, the company posted $0.59 EPS. Gildan Activewear has set its FY 2026 guidance at 4.200-4.400 EPS. As a group, analysts expect that Gildan Activewear, Inc. will post 4.25 earnings per share for the current fiscal year.

Gildan Activewear Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, June 15th. Investors of record on Wednesday, May 20th will be paid a $0.249 dividend. This represents a $1.00 dividend on an annualized basis and a yield of 1.8%. The ex-dividend date is Wednesday, May 20th. Gildan Activewear’s dividend payout ratio (DPR) is 58.82%.

Institutional Trading of Gildan Activewear

Several hedge funds have recently added to or reduced their stakes in the business. Caisse de depot et placement du Quebec increased its holdings in shares of Gildan Activewear by 1,695.7% during the fourth quarter. Caisse de depot et placement du Quebec now owns 6,240,014 shares of the textile maker’s stock valued at $390,539,000 after purchasing an additional 5,892,514 shares during the period. Norges Bank acquired a new position in Gildan Activewear during the 4th quarter valued at about $151,018,000. Mackenzie Financial Corp raised its position in shares of Gildan Activewear by 41.2% during the 4th quarter. Mackenzie Financial Corp now owns 6,860,108 shares of the textile maker’s stock worth $429,382,000 after buying an additional 2,001,279 shares in the last quarter. Brandes Investment Partners LP acquired a new stake in shares of Gildan Activewear in the 4th quarter worth approximately $99,870,000. Finally, Vanguard Group Inc. increased its stake in shares of Gildan Activewear by 26.0% during the fourth quarter. Vanguard Group Inc. now owns 7,566,962 shares of the textile maker’s stock valued at $472,964,000 after acquiring an additional 1,561,729 shares during the period. Institutional investors own 82.83% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on GIL. Zacks Research raised shares of Gildan Activewear from a “strong sell” rating to a “hold” rating in a report on Friday, May 1st. Royal Bank Of Canada cut their target price on shares of Gildan Activewear from $79.00 to $78.00 and set an “outperform” rating on the stock in a report on Monday, March 2nd. TD Securities reiterated a “buy” rating and set a $77.00 price target on shares of Gildan Activewear in a research report on Tuesday, January 27th. National Bank Financial boosted their price objective on Gildan Activewear from $92.00 to $97.00 and gave the company an “outperform” rating in a research report on Monday, February 2nd. Finally, Weiss Ratings downgraded Gildan Activewear from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Monday, May 4th. Twelve research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $79.77.

About Representative Cisneros

Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California’s 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California’s 31st Congressional District. He declared candidacy for the 2026 election.

Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor’s degree in political science from George Washington University in 1994, a master’s in business administration from Regis University in 2002, and a master’s degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.

Gildan Activewear Company Profile

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.