LSV Asset Management Buys 121,001 Shares of The Gap, Inc. $GAP

LSV Asset Management boosted its stake in shares of The Gap, Inc. (NYSE:GAP) by 3.6% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 3,462,702 shares of the company’s stock after acquiring an additional 121,001 shares during the period. LSV Asset Management’s holdings in GAP were worth $88,645,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Public Employees Retirement System of Ohio increased its stake in GAP by 0.6% during the 3rd quarter. Public Employees Retirement System of Ohio now owns 71,867 shares of the company’s stock worth $1,537,000 after acquiring an additional 447 shares during the period. Cullen Frost Bankers Inc. bought a new position in GAP during the 4th quarter worth $26,000. Plato Investment Management Ltd bought a new position in GAP during the 4th quarter worth $28,000. V Square Quantitative Management LLC bought a new position in GAP during the 4th quarter worth $31,000. Finally, Root Financial Partners LLC bought a new position in GAP during the 3rd quarter worth $27,000. Institutional investors own 58.81% of the company’s stock.

GAP Trading Up 0.9%

Shares of GAP stock opened at $23.38 on Friday. The stock’s fifty day moving average price is $24.21 and its two-hundred day moving average price is $25.65. The company has a market cap of $8.54 billion, a PE ratio of 10.88, a P/E/G ratio of 1.36 and a beta of 2.11. The Gap, Inc. has a fifty-two week low of $18.68 and a fifty-two week high of $29.36. The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.08 and a current ratio of 1.75.

GAP (NYSE:GAP) last issued its earnings results on Thursday, March 5th. The company reported $0.45 earnings per share for the quarter, missing analysts’ consensus estimates of $0.46 by ($0.01). The business had revenue of $4.24 billion during the quarter, compared to analyst estimates of $4.24 billion. GAP had a net margin of 5.31% and a return on equity of 22.98%. The company’s revenue for the quarter was up 2.1% compared to the same quarter last year. During the same period in the prior year, the business posted $0.54 EPS. GAP has set its FY 2026 guidance at 2.200-2.350 EPS. Equities analysts predict that The Gap, Inc. will post 2.29 EPS for the current fiscal year.

GAP Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 29th. Investors of record on Wednesday, July 8th will be issued a dividend of $0.175 per share. The ex-dividend date of this dividend is Wednesday, July 8th. This represents a $0.70 annualized dividend and a dividend yield of 3.0%. GAP’s dividend payout ratio (DPR) is 32.56%.

Insider Activity at GAP

In related news, insider Eric Kayen Chan sold 13,377 shares of the firm’s stock in a transaction on Friday, April 10th. The stock was sold at an average price of $26.18, for a total transaction of $350,209.86. Following the sale, the insider owned 21,967 shares of the company’s stock, valued at $575,096.06. This trade represents a 37.85% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, insider Amanda J. Thompson sold 25,000 shares of the firm’s stock in a transaction on Monday, April 6th. The shares were sold at an average price of $25.14, for a total value of $628,500.00. Following the sale, the insider directly owned 86,228 shares in the company, valued at approximately $2,167,771.92. This trade represents a 22.48% 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 90 days. 31.00% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

A number of equities analysts have commented on the company. Zacks Research lowered GAP from a “strong-buy” rating to a “hold” rating in a research note on Monday, February 2nd. BTIG Research lowered their price objective on GAP from $31.00 to $28.00 and set a “buy” rating on the stock in a research note on Wednesday. The Goldman Sachs Group raised their target price on GAP from $29.00 to $32.00 and gave the company a “buy” rating in a report on Friday, January 30th. Wall Street Zen downgraded GAP from a “buy” rating to a “hold” rating in a report on Saturday, March 7th. Finally, TD Cowen reduced their target price on GAP from $32.00 to $26.00 and set a “buy” rating on the stock in a report on Monday, May 18th. Two equities research analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating and four have issued a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $30.07.

GAP Profile

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.