Rep. Kevin Hern Sells Off Shares of The Gap, Inc. (NYSE:GAP)

Representative Kevin Hern (Republican-Oklahoma) recently sold shares of The Gap, Inc. (NYSE:GAP). In a filing disclosed on September 01st, the Representative disclosed that they had sold between $1,001 and $15,000 in GAP stock on August 13th. The trade occurred in the Representative’s “KEVIN HERN TRADITIONAL IRA” account.

Representative Kevin Hern also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of Marsh & McLennan Companies (NYSE:MRSH) on 8/24/2026.
• Sold $15,001 – $50,000 in shares of Medtronic (NYSE:MDT) on 8/24/2026.
• Sold $50,001 – $100,000 in shares of Home Depot (NYSE:HD) on 8/24/2026.
• Sold $50,001 – $100,000 in shares of Procter & Gamble (NYSE:PG) on 8/24/2026.
• Sold $1,001 – $15,000 in shares of Lowe’s Companies (NYSE:LOW) on 8/24/2026.
• Sold $15,001 – $50,000 in shares of Microsoft (NASDAQ:MSFT) on 8/21/2026.
• Sold $1,001 – $15,000 in shares of Veralto (NYSE:VLTO) on 8/21/2026.
• Sold $15,001 – $50,000 in shares of Honeywell Aerospace (NASDAQ:HONA) on 8/19/2026.
• Sold $1,001 – $15,000 in shares of Colgate-Palmolive (NYSE:CL) on 8/19/2026.
• Sold $1,001 – $15,000 in shares of Biogen (NASDAQ:BIIB) on 8/18/2026.

GAP Trading Up 0.3%

Shares of GAP stock opened at $22.07 on Thursday. The stock has a 50-day moving average of $20.15 and a 200-day moving average of $22.73. The company has a current ratio of 1.82, a quick ratio of 1.11 and a debt-to-equity ratio of 0.38. The stock has a market cap of $7.75 billion, a price-to-earnings ratio of 6.59, a PEG ratio of 0.93 and a beta of 2.08. The Gap, Inc. has a 1-year low of $18.11 and a 1-year high of $29.36.

GAP (NYSE:GAP) last released its earnings results on Thursday, August 27th. The company reported $0.52 earnings per share for the quarter, beating analysts’ consensus estimates of $0.48 by $0.04. GAP had a net margin of 8.14% and a return on equity of 19.72%. The business had revenue of $3.65 billion during the quarter, compared to the consensus estimate of $3.69 billion. During the same quarter in the prior year, the firm posted $0.57 EPS. The company’s revenue for the quarter was down 2.0% compared to the same quarter last year. GAP has set its FY 2026 guidance at 2.350-2.450 EPS. On average, equities research analysts forecast that The Gap, Inc. will post 2.41 earnings per share for the current year.

GAP Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, October 28th. Stockholders of record on Wednesday, October 7th will be paid a $0.175 dividend. The ex-dividend date of this dividend is Wednesday, October 7th. This represents a $0.70 annualized dividend and a dividend yield of 3.2%. GAP’s dividend payout ratio is presently 20.90%.

Analyst Ratings Changes

A number of equities research analysts have commented on the stock. UBS Group raised their price target on shares of GAP from $40.00 to $42.00 and gave the stock a “buy” rating in a report on Friday, August 28th. Bank of America raised their target price on GAP from $26.00 to $27.00 and gave the company a “neutral” rating in a research note on Friday, August 28th. TD Cowen upped their price target on GAP from $23.00 to $27.00 and gave the stock a “buy” rating in a research note on Friday, August 28th. JPMorgan Chase & Co. reiterated a “neutral” rating and issued a $27.00 price target (down from $35.00) on shares of GAP in a report on Friday, May 29th. Finally, Jefferies Financial Group cut GAP from a “buy” rating to a “hold” rating and reduced their price objective for the company from $29.00 to $23.00 in a research note on Wednesday, August 12th. Two equities research analysts have rated the stock with a Strong Buy rating, five have assigned a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, GAP has a consensus rating of “Hold” and a consensus price target of $27.36.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the stock. Cullen Frost Bankers Inc. bought a new stake in GAP during the fourth quarter worth $26,000. Plato Investment Management Ltd bought a new stake in shares of GAP in the 4th quarter worth $28,000. Global Retirement Partners LLC purchased a new stake in shares of GAP in the second quarter valued at about $29,000. Mitsubishi UFJ Asset Management Co. Ltd. bought a new position in shares of GAP during the second quarter valued at about $50,000. Finally, Quantbot Technologies LP bought a new stake in GAP in the 2nd quarter worth about $73,000. Institutional investors own 58.81% of the company’s stock.

About Representative Hern

Kevin Hern (Republican Party) is a member of the U.S. House, representing Oklahoma’s 1st Congressional District. He assumed office on November 13, 2018. His current term ends on January 3, 2027.

Hern (Republican Party) is running for re-election to the U.S. House to represent Oklahoma’s 1st Congressional District. He declared candidacy for the 2026 election.

Kevin Hern went into business as a McDonald’s franchisee in 1999. He acquired 10 McDonald’s franchises by 2012. He served on the McDonald’s National Leadership Team for 13 years, including the tax policy team, the insurance corporation, and as chairman of the economics team. From 2011 to 2015, he was chairman of the finance committee of the Oklahoma Turnpike Authority.

About GAP

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.