Jupiter Topco LLC Takes $632,000 Position in G-III Apparel Group, LTD. $GIII

Jupiter Topco LLC bought a new position in shares of G-III Apparel Group, LTD. (NASDAQ:GIII) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 18,731 shares of the textile maker’s stock, valued at approximately $632,000.

Several other institutional investors have also modified their holdings of the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in shares of G-III Apparel Group by 4.6% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 23,228 shares of the textile maker’s stock valued at $635,000 after buying an additional 1,018 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake in shares of G-III Apparel Group by 8.2% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 80,197 shares of the textile maker’s stock worth $2,193,000 after buying an additional 6,062 shares during the last quarter. Intech Investment Management LLC increased its stake in shares of G-III Apparel Group by 14.1% in the first quarter. Intech Investment Management LLC now owns 46,076 shares of the textile maker’s stock worth $1,260,000 after buying an additional 5,685 shares during the last quarter. Strs Ohio acquired a new stake in G-III Apparel Group in the first quarter valued at $77,000. Finally, First Trust Advisors LP raised its holdings in G-III Apparel Group by 15.7% in the second quarter. First Trust Advisors LP now owns 154,445 shares of the textile maker’s stock valued at $3,460,000 after acquiring an additional 20,984 shares in the last quarter. Institutional investors and hedge funds own 92.13% of the company’s stock.

Trending Headlines about G-III Apparel Group

Here are the key news stories impacting G-III Apparel Group this week:

• Positive Sentiment: Marc Jacobs provides a major growth opportunity. G-III’s acquisition of the luxury brand expands its owned-brand portfolio, and Marc Jacobs is expected to eventually generate approximately $1 billion in annual revenue. The strategy could improve brand control, margins and long-term growth. G-III Apparel’s Strategic Transformation Gains Steam With Marc Jacobs
• Positive Sentiment: Earnings and profitability showed resilience. Second-quarter EPS exceeded expectations, supported by gross-margin expansion, cost controls and stronger performance from owned brands. The company also raised its earnings outlook, reinforcing the view that the strategic transition is improving underlying profitability. G-III Apparel Q2 Fiscal 2027 EPS Rises
• Positive Sentiment: BTIG reaffirmed its Buy rating and $40 price target, indicating substantial potential upside and confidence in G-III’s brand transformation. BTIG rating update
• Neutral Sentiment: Analyst views remain divided. Coverage highlights attractive owned-brand growth and margin gains, but characterizes the risk-reward profile as balanced while Marc Jacobs integration and execution are tested. G-III Apparel Group: Lots Of Moving Factors
• Negative Sentiment: Revenue remains under pressure. Second-quarter sales declined roughly 10% year over year and missed estimates, while the loss of key PVH licenses and European weakness are weighing on headline results. Q3 guidance was viewed as disappointing. G-III Apparel Mixed Q2 Read-Across
• Negative Sentiment: Execution and cash-flow risks limit enthusiasm. Analysts cited declining cash-flow trends, continued wholesale exposure and uncertainty surrounding Marc Jacobs. Telsey lowered its price target from $38 to $32 and changed its rating to Market Perform. Telsey Advisory Group rating update

Analyst Upgrades and Downgrades

GIII has been the subject of several research analyst reports. Wall Street Zen raised shares of G-III Apparel Group from a “hold” rating to a “buy” rating in a research report on Saturday. Telsey Advisory Group reduced their price target on shares of G-III Apparel Group from $38.00 to $32.00 and set a “market perform” rating on the stock in a research report on Thursday. Zacks Research downgraded G-III Apparel Group from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, July 14th. Weiss Ratings raised G-III Apparel Group from a “hold (c)” rating to a “buy (b-)” rating in a report on Tuesday, June 9th. Finally, KeyCorp restated an “overweight” rating and set a $40.00 price objective (up from $35.00) on shares of G-III Apparel Group in a research note on Monday, June 8th. Three research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $34.50.

G-III Apparel Group Stock Performance

GIII opened at $27.74 on Monday. The stock’s fifty day moving average is $34.13 and its 200-day moving average is $31.85. G-III Apparel Group, LTD. has a one year low of $24.61 and a one year high of $37.54. The company has a market capitalization of $1.17 billion, a PE ratio of 9.13 and a beta of 1.27.

G-III Apparel Group (NASDAQ:GIII) last issued its quarterly earnings results on Wednesday, September 2nd. The textile maker reported $0.26 EPS for the quarter, topping the consensus estimate of $0.23 by $0.03. G-III Apparel Group had a net margin of 4.75% and a return on equity of 5.55%. The firm had revenue of $554.09 million for the quarter, compared to analysts’ expectations of $570.37 million. During the same period in the previous year, the business earned $0.25 earnings per share. G-III Apparel Group’s revenue for the quarter was down 9.7% compared to the same quarter last year. G-III Apparel Group has set its Q3 2027 guidance at 1.350-1.450 EPS and its FY 2027 guidance at 2.200-2.300 EPS. On average, equities research analysts forecast that G-III Apparel Group, LTD. will post 2.25 EPS for the current fiscal year.

G-III Apparel Group Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 29th. Stockholders of record on Tuesday, September 15th will be issued a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a dividend yield of 1.4%. The ex-dividend date of this dividend is Tuesday, September 15th. G-III Apparel Group’s dividend payout ratio is currently 13.16%.

About G-III Apparel Group

G-III Apparel Group, Ltd. is a global fashion company engaged in the design, sourcing, marketing and distribution of women’s and men’s apparel, outerwear, footwear, handbags and fashion accessories. Founded in 1956 and headquartered in New York City, the company has grown from an importer of ladies’ apparel into a diversified apparel business with a portfolio of owned and licensed brands.

The company’s product offerings span a broad spectrum of price points and styles, including formal and casual outerwear, sportswear, performance wear and contemporary fashion.