498,981 Shares in Gildan Activewear, Inc. $GIL Purchased by QV Investors Inc.

QV Investors Inc. acquired a new stake in shares of Gildan Activewear, Inc. (NYSE:GIL) (TSE:GIL) in the 3rd quarter, HoldingsChannel reports. The firm acquired 498,981 shares of the textile maker’s stock, valued at approximately $21,309,000. Gildan Activewear accounts for approximately 1.6% of QV Investors Inc.’s portfolio, making the stock its 23rd largest holding.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in GIL. Caitong International Asset Management Co. Ltd lifted its stake in Gildan Activewear by 14,833.3% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 448 shares of the textile maker’s stock worth $28,000 after purchasing an additional 445 shares during the last quarter. Banque Cantonale Vaudoise acquired a new stake in shares of Gildan Activewear in the 1st quarter valued at $42,000. Hara Capital LLC acquired a new stake in shares of Gildan Activewear in the 2nd quarter valued at $57,000. Fifth Third Bancorp increased its stake in shares of 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 purchasing an additional 192 shares during the last quarter. Finally, Global Retirement Partners LLC bought a new position in shares of Gildan Activewear in the 2nd quarter valued at $75,000. 82.83% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

GIL has been the subject of a number of research analyst reports. Royal Bank Of Canada lowered their price target on Gildan Activewear from $82.00 to $70.00 and set an “outperform” rating for the company in a report on Tuesday. TD Securities dropped their price objective on Gildan Activewear from $80.00 to $54.00 and set a “buy” rating for the company in a research report on Thursday, September 24th. TD reduced their price objective on Gildan Activewear from $80.00 to $54.00 and set a “buy” rating on the stock in a research note on Thursday, September 24th. Citigroup reiterated a “neutral” rating on shares of Gildan Activewear in a research report on Tuesday, August 4th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Gildan Activewear in a research report on Thursday, August 13th. Twelve research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $73.58.

Gildan Activewear Stock Up 0.1%

Shares of NYSE:GIL opened at $40.89 on Wednesday. Gildan Activewear, Inc. has a 52-week low of $39.93 and a 52-week high of $73.69. The company has a market capitalization of $7.57 billion, a PE ratio of 78.64 and a beta of 1.11. The company has a debt-to-equity ratio of 1.15, a quick ratio of 1.01 and a current ratio of 1.93. The company has a fifty day moving average of $47.93 and a 200-day moving average of $53.14.

Gildan Activewear (NYSE:GIL) (TSE:GIL) last released its quarterly earnings data on Thursday, July 30th. The textile maker reported $1.28 earnings per share for the quarter, beating the consensus estimate of $1.11 by $0.17. The company had revenue of $1.58 billion for the quarter, compared to the consensus estimate of $1.61 billion. Gildan Activewear had a return on equity of 21.03% and a net margin of 1.28%. Gildan Activewear’s revenue for the quarter was up 72.3% on a year-over-year basis. During the same quarter last year, the business posted $0.97 EPS. On average, equities analysts predict that Gildan Activewear, Inc. will post 4.67 EPS for the current fiscal year.

Gildan Activewear Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, September 14th. Shareholders of record on Thursday, August 20th were given a $0.2490 dividend. The ex-dividend date was Thursday, August 20th. This represents a $1.00 annualized dividend and a yield of 2.4%. Gildan Activewear’s dividend payout ratio (DPR) is currently 192.31%.

Key Stories Impacting Gildan Activewear

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

• Positive Sentiment: Royal Bank of Canada lowered its price target from $82 to $70 but maintained an “outperform” rating, implying significant potential upside from recent levels. Royal Bank of Canada target update
• Neutral Sentiment: Multiple law firms reminded investors that December 14, 2026 is the deadline to seek appointment as lead plaintiff in a federal securities class action covering purchases from February 19, 2025, through June 15, 2026. These announcements largely repeat the same litigation notice rather than represent separate developments. Gildan investor alert and lead plaintiff deadline
• Negative Sentiment: The lawsuit alleges that Gildan and certain executives lacked adequate internal controls, used channel stuffing to inflate revenue, and reported misleading organic-growth metrics. The allegations are unproven, but the litigation creates legal costs, reputational risk, and uncertainty around prior financial disclosures. Reports link the allegations to an earlier 18.75% stock drop. Gildan channel-stuffing lawsuit allegations
• Negative Sentiment: National Bank also cut its target to C$98, adding to evidence of more cautious near-term expectations despite the stock’s still-substantial implied upside. National Bank target reduction

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.