Gildan Activewear, Inc. $GIL Shares Sold by Prescott Group Capital Management L.L.C.

Prescott Group Capital Management L.L.C. reduced its holdings in shares of Gildan Activewear, Inc. (NYSE:GIL) (TSE:GIL) by 22.5% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 66,057 shares of the textile maker’s stock after selling 19,200 shares during the quarter. Prescott Group Capital Management L.L.C.’s holdings in Gildan Activewear were worth $2,816,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of GIL. Fifth Third Bancorp grew its stake in Gildan Activewear by 16.5% in the 1st quarter. Fifth Third Bancorp now owns 1,355 shares of the textile maker’s stock valued at $75,000 after buying an additional 192 shares in the last quarter. Mather Group LLC. boosted its holdings in shares of Gildan Activewear by 7.6% in the third quarter. Mather Group LLC. now owns 3,468 shares of the textile maker’s stock worth $148,000 after acquiring an additional 244 shares during the period. MORGUARD LINCLUDEN GLOBAL INVESTMENTS Ltd grew its position in shares of Gildan Activewear by 0.7% in the third quarter. MORGUARD LINCLUDEN GLOBAL INVESTMENTS Ltd now owns 59,610 shares of the textile maker’s stock valued at $2,541,000 after purchasing an additional 392 shares in the last quarter. Cooper Financial Group grew its position in shares of Gildan Activewear by 3.2% in the third quarter. Cooper Financial Group now owns 13,270 shares of the textile maker’s stock valued at $566,000 after purchasing an additional 407 shares in the last quarter. Finally, D.A. Davidson & CO. raised its stake in shares of Gildan Activewear by 12.8% during the 1st quarter. D.A. Davidson & CO. now owns 3,823 shares of the textile maker’s stock valued at $213,000 after purchasing an additional 433 shares during the period. 82.83% of the stock is owned by institutional investors.

More Gildan Activewear News

Here are the key news stories impacting Gildan Activewear this week:

• Positive Sentiment: Gildan’s Comfort Colors brand will be a primary apparel provider for merchandise tied to Bruno Mars’ 2026 tour, giving the brand prominent international exposure and potential sales opportunities. Article: Comfort Colors Takes the Global Stage with Bruno Mars’ The Romantic Tour
• Neutral Sentiment: A preview of Gildan’s upcoming third-quarter results points to possible benefits from HanesBrands integration, wholesale momentum and market-share gains, though cost inflation could weigh on performance. These are expectations ahead of the report, not reported results. Article: Gildan’s Q3 Earnings on the Horizon: Key Insights for Investors
• Negative Sentiment: Multiple law firms publicized a securities class action against Gildan, covering investors who purchased shares from February 19, 2025, through June 15, 2026. The complaint alleges channel stuffing—reportedly pulling about $500 million of revenue forward—and misleading statements about financial results and internal controls. These claims are allegations, not findings; the lead-plaintiff deadline is December 14, 2026. The lawsuit and related notices may add legal costs and reputational uncertainty. Article: GIL Shareholder Notice

Analyst Upgrades and Downgrades

A number of research firms have recently commented on GIL. UBS Group cut their price objective on shares of Gildan Activewear from $111.00 to $71.00 and set a “buy” rating for the company in a research report on Thursday, October 15th. Scotia upped their target price on shares of Gildan Activewear from $65.00 to $67.00 and gave the stock a “sector outperform” rating in a report on Friday, July 31st. Stifel Nicolaus set a $83.00 target price on shares of Gildan Activewear and gave the stock a “buy” rating in a research note on Friday, July 31st. Royal Bank Of Canada cut their price target on shares of Gildan Activewear from $82.00 to $70.00 and set an “outperform” rating for the company in a report on Tuesday, October 20th. Finally, TD Securities reduced their price target on shares of Gildan Activewear from $80.00 to $54.00 and set a “buy” rating for the company in a research report on Thursday, September 24th. Ten equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat.com, Gildan Activewear currently has an average rating of “Moderate Buy” and an average price target of $69.00.

Gildan Activewear Price Performance

GIL stock opened at $40.55 on Wednesday. The company has a debt-to-equity ratio of 1.15, a current ratio of 1.93 and a quick ratio of 1.01. Gildan Activewear, Inc. has a one year low of $39.15 and a one year high of $73.69. The stock has a market cap of $7.51 billion, a PE ratio of 11.15 and a beta of 1.15. The firm has a 50 day simple moving average of $44.81 and a two-hundred day simple moving average of $55.56.

Gildan Activewear Company Profile

Gildan Activewear Inc is a Montreal, Quebec-based apparel manufacturer that produces and sells everyday basic clothing for consumers and businesses. The company’s product portfolio includes activewear, T-shirts, fleece garments, underwear, socks and hosiery, as well as other apparel basics.

Gildan sells products primarily through wholesale distributors and screen printers, who supply decorated apparel to businesses, schools, teams, organizations and retailers. Its portfolio includes the Gildan, American Apparel, Comfort Colors, Gold Toe and Anvil brands.