29,360 Shares in The Gap, Inc. $GAP Purchased by Focus Partners Advisor Solutions LLC

Focus Partners Advisor Solutions LLC bought a new position in The Gap, Inc. (NYSE:GAP) during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 29,360 shares of the company’s stock, valued at approximately $548,000.

Several other institutional investors and hedge funds have also recently modified their holdings of GAP. Amundi bought a new stake in shares of GAP during the 1st quarter valued at about $259,000. EverSource Wealth Advisors LLC grew its holdings in shares of GAP by 177.0% during the second quarter. EverSource Wealth Advisors LLC now owns 7,016 shares of the company’s stock worth $153,000 after purchasing an additional 4,483 shares in the last quarter. Jump Financial LLC bought a new position in shares of GAP in the second quarter worth approximately $612,000. California State Teachers Retirement System increased its position in shares of GAP by 0.8% in the second quarter. California State Teachers Retirement System now owns 226,506 shares of the company’s stock worth $4,940,000 after purchasing an additional 1,703 shares during the last quarter. Finally, Ameriprise Financial Inc. raised its stake in GAP by 42.7% in the second quarter. Ameriprise Financial Inc. now owns 4,407,809 shares of the company’s stock valued at $96,134,000 after purchasing an additional 1,318,322 shares in the last quarter. Hedge funds and other institutional investors own 58.81% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on GAP shares. Jefferies Financial Group lowered shares of GAP from a “buy” rating to a “hold” rating and dropped their target price for the company from $29.00 to $23.00 in a research report on Wednesday, August 12th. Barclays reissued an “equal weight” rating and issued a $20.00 price target (down from $26.00) on shares of GAP in a report on Tuesday, August 11th. TD Cowen lowered their price objective on shares of GAP from $32.00 to $26.00 and set a “buy” rating on the stock in a research report on Monday, May 18th. BTIG Research set a $26.00 price objective on shares of GAP in a report on Thursday, July 30th. Finally, Morgan Stanley reiterated an “equal weight” rating and issued a $21.00 target price on shares of GAP in a research report on Monday, July 6th. Two research analysts have rated the stock with a Strong Buy rating, five have given a Buy rating and eleven have issued a Hold rating to the company. According to MarketBeat, GAP has an average rating of “Moderate Buy” and a consensus price target of $26.71.

GAP Trading Down 1.9%

GAP stock opened at $20.21 on Tuesday. The company has a market capitalization of $7.28 billion, a PE ratio of 7.96, a price-to-earnings-growth ratio of 1.21 and a beta of 2.05. The company has a debt-to-equity ratio of 0.41, a quick ratio of 1.08 and a current ratio of 1.81. The Gap, Inc. has a one year low of $18.11 and a one year high of $29.36. The company’s 50 day moving average price is $20.22 and its two-hundred day moving average price is $23.32.

GAP (NYSE:GAP) last announced its quarterly earnings data on Thursday, May 28th. The company reported $0.38 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.39 by ($0.01). GAP had a net margin of 6.25% and a return on equity of 21.13%. The business had revenue of $3.50 billion during the quarter, compared to analysts’ expectations of $3.52 billion. During the same period last year, the company posted $0.51 EPS. GAP’s revenue for the quarter was up 1.0% on a year-over-year basis. GAP has set its FY 2026 guidance at 2.300-2.400 EPS. As a group, analysts predict that The Gap, Inc. will post 2.34 earnings per share for the current fiscal year.

GAP Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, October 28th. Shareholders of record on Wednesday, October 7th will be given a dividend of $0.175 per share. This represents a $0.70 annualized dividend and a yield of 3.5%. The ex-dividend date is Wednesday, October 7th. GAP’s dividend payout ratio is presently 27.56%.

GAP Company 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.