International Assets Investment Management LLC Increases Stock Position in Hanesbrands Inc. $HBI

International Assets Investment Management LLC raised its position in shares of Hanesbrands Inc. (NYSE:HBI) by 92.2% in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 31,158 shares of the textile maker’s stock after buying an additional 14,950 shares during the period. International Assets Investment Management LLC’s holdings in Hanesbrands were worth $143,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. LPL Financial LLC boosted its position in Hanesbrands by 11.2% during the 1st quarter. LPL Financial LLC now owns 505,109 shares of the textile maker’s stock valued at $2,914,000 after buying an additional 50,977 shares during the period. Vanguard Group Inc. boosted its position in Hanesbrands by 2.5% during the 1st quarter. Vanguard Group Inc. now owns 41,041,617 shares of the textile maker’s stock valued at $236,810,000 after buying an additional 1,006,739 shares during the period. Cambridge Investment Research Advisors Inc. boosted its position in Hanesbrands by 60.6% during the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 216,653 shares of the textile maker’s stock valued at $1,250,000 after buying an additional 81,709 shares during the period. Mackenzie Financial Corp boosted its position in Hanesbrands by 436.4% during the 1st quarter. Mackenzie Financial Corp now owns 119,749 shares of the textile maker’s stock valued at $691,000 after buying an additional 97,426 shares during the period. Finally, Bryce Point Capital LLC purchased a new stake in Hanesbrands during the 1st quarter valued at $988,000. Hedge funds and other institutional investors own 80.31% of the company’s stock.

Hanesbrands Trading Up 1.8%

Shares of NYSE HBI opened at $6.89 on Friday. Hanesbrands Inc. has a 1 year low of $3.96 and a 1 year high of $9.10. The stock has a market cap of $2.44 billion, a P/E ratio of 28.69 and a beta of 1.47. The firm has a 50-day moving average of $6.53 and a 200 day moving average of $5.36. The company has a debt-to-equity ratio of 13.62, a current ratio of 1.52 and a quick ratio of 0.74.

Hanesbrands (NYSE:HBI) last issued its quarterly earnings results on Thursday, August 7th. The textile maker reported $0.24 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.18 by $0.06. Hanesbrands had a net margin of 2.49% and a return on equity of 226.31%. The company had revenue of $991.33 million during the quarter, compared to analysts’ expectations of $971.93 million. During the same period last year, the company posted $0.15 EPS. Hanesbrands’s revenue was down .4% on a year-over-year basis. Hanesbrands has set its Q3 2025 guidance at 0.160-0.160 EPS. FY 2025 guidance at 0.660-0.660 EPS. As a group, sell-side analysts expect that Hanesbrands Inc. will post 0.53 EPS for the current fiscal year.

Wall Street Analyst Weigh In

HBI has been the topic of a number of research reports. Wells Fargo & Company raised shares of Hanesbrands from a “strong sell” rating to an “equal weight” rating and lifted their target price for the company from $5.00 to $6.00 in a research note on Thursday, August 14th. Citigroup lifted their target price on shares of Hanesbrands from $5.50 to $7.00 and gave the company a “neutral” rating in a research note on Thursday. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Hanesbrands in a research note on Wednesday, October 8th. Wall Street Zen raised shares of Hanesbrands from a “hold” rating to a “strong-buy” rating in a research note on Saturday, August 9th. Finally, UBS Group lifted their target price on shares of Hanesbrands from $8.00 to $9.00 and gave the company a “buy” rating in a research note on Friday, August 8th. One analyst has rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $6.60.

Hanesbrands Company Profile

Hanesbrands Inc, a consumer goods company, designs, manufactures, sources, and sells a range of range of innerwear apparels for men, women, and children in the Americas, Europe, the Asia pacific, and internationally. The company operates through three segments: Innerwear, Activewear, and International.