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

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 22nd. 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 Trading Down 1.0%

Shares of NYSE:GIL traded down $0.57 during midday trading on Tuesday, reaching $57.11. The company’s stock had a trading volume of 763,121 shares, compared to its average volume of 1,301,281. The firm has a market cap of $10.57 billion, a price-to-earnings ratio of 33.59 and a beta of 1.10. The business has a 50 day moving average price of $59.00 and a 200 day moving average price of $61.50. Gildan Activewear, Inc. has a 1 year low of $46.00 and a 1 year high of $73.69. The company has a quick ratio of 1.17, a current ratio of 2.35 and a debt-to-equity ratio of 1.32.

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

Gildan Activewear Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, June 15th. Shareholders of record on Wednesday, May 20th will be paid a $0.249 dividend. This represents a $1.00 annualized dividend and a yield of 1.7%. The ex-dividend date of this dividend is Wednesday, May 20th. Gildan Activewear’s payout ratio is presently 58.82%.

Institutional Trading of Gildan Activewear

Several institutional investors and hedge funds have recently made changes to their positions in GIL. PNC Financial Services Group Inc. boosted its stake in shares of Gildan Activewear by 5.7% in the 1st quarter. PNC Financial Services Group Inc. now owns 9,410 shares of the textile maker’s stock valued at $524,000 after purchasing an additional 508 shares in the last quarter. NewGen Asset Management Ltd increased its holdings in Gildan Activewear by 7.5% during the first quarter. NewGen Asset Management Ltd now owns 202,598 shares of the textile maker’s stock worth $11,275,000 after buying an additional 14,200 shares during the last quarter. SEB Asset Management AB purchased a new stake in Gildan Activewear during the first quarter valued at about $1,910,000. Swiss National Bank boosted its holdings in Gildan Activewear by 27.0% in the 1st quarter. Swiss National Bank now owns 592,125 shares of the textile maker’s stock valued at $32,927,000 after purchasing an additional 125,800 shares during the period. Finally, Assetmark Inc. increased its position in shares of Gildan Activewear by 20.9% in the first quarter. Assetmark Inc. now owns 72,683 shares of the textile maker’s stock worth $4,045,000 after purchasing an additional 12,545 shares during the last quarter. Institutional investors own 82.83% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on the company. Royal Bank Of Canada reduced their price objective on Gildan Activewear from $79.00 to $78.00 and set an “outperform” rating on the stock in a research note on Monday, March 2nd. BMO Capital Markets increased their price objective on shares of Gildan Activewear from $70.00 to $78.00 and gave the stock an “outperform” rating in a report on Monday, January 26th. Stifel Nicolaus boosted their price objective on Gildan Activewear from $75.00 to $80.00 and gave the stock a “buy” rating in a research note on Monday, February 23rd. Canadian Imperial Bank of Commerce reiterated an “outperform” rating and set a $77.00 price objective on shares of Gildan Activewear in a research report on Friday, May 1st. Finally, TD Securities reissued a “buy” rating and set a $77.00 price objective on shares of Gildan Activewear in a research report on Tuesday, January 27th. Twelve analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target 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.