Sequoia Financial Advisors LLC Grows Stock Holdings in The Gap, Inc. $GAP

Sequoia Financial Advisors LLC increased its position in shares of The Gap, Inc. (NYSE:GAP) by 26.2% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 172,326 shares of the company’s stock after purchasing an additional 35,747 shares during the period. Sequoia Financial Advisors LLC’s holdings in GAP were worth $3,219,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of GAP. BlackRock Inc. purchased a new stake in GAP during the 2nd quarter worth about $428,824,000. California State Teachers Retirement System boosted its position in shares of GAP by 1,732.5% during the 2nd quarter. California State Teachers Retirement System now owns 5,116,415 shares of the company’s stock worth $95,575,000 after acquiring an additional 4,837,214 shares in the last quarter. Bank of America Corp DE purchased a new position in shares of GAP in the 2nd quarter valued at about $30,345,000. Ameriprise Financial Inc. increased its holdings in shares of GAP by 42.7% in the 2nd quarter. Ameriprise Financial Inc. now owns 4,407,809 shares of the company’s stock valued at $96,134,000 after acquiring an additional 1,318,322 shares during the last quarter. Finally, Miller Howard Investments Inc. NY raised its position in shares of GAP by 112.2% during the 1st quarter. Miller Howard Investments Inc. NY now owns 1,704,021 shares of the company’s stock worth $41,237,000 after acquiring an additional 900,855 shares in the last quarter. Hedge funds and other institutional investors own 58.81% of the company’s stock.

Key Stories Impacting GAP

Here are the key news stories impacting GAP this week:

• Positive Sentiment: Analyst upgrade: BMO Capital Markets upgraded GAP to “hold,” improving the stock’s rating outlook and potentially supporting investor sentiment. The shares remain well below their 12-month high, while their low valuation—about 6.4 times earnings—may attract value-oriented investors. Zacks analyst rating report
• Positive Sentiment: Brand and product momentum: GAP is highlighting its handbag business through a Reed Krakoff collaboration and a Rockefeller Center takeover during New York Fashion Week. The initiative could increase visibility for the brand and support growth in accessories, an important area for improving sales and margins. WWD article on Gap handbags and Reed Krakoff
• Neutral Sentiment: Mixed long-term estimates: Zacks Research raised its FY2027 EPS estimate to $2.41 from $2.31 and its FY2028 estimate to $2.62 from $2.55. It also increased estimates for Q4 FY2027, Q3 FY2028 and Q4 FY2028, suggesting improving expectations for select periods.
• Negative Sentiment: Near-term estimate reductions: Zacks lowered its Q1 and Q2 FY2029 EPS forecasts and trimmed FY2029 estimates slightly to $2.81 from $2.82. It also reduced its Q2 FY2028 estimate, indicating some uncertainty about future earnings consistency.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on the company. The Goldman Sachs Group boosted their target price on GAP from $25.00 to $27.00 and gave the stock a “buy” rating in a research note on Monday, August 31st. Evercore set a $20.00 price target on shares of GAP and gave the company an “in-line” rating in a research note on Friday, May 29th. TD Cowen raised their price objective on shares of GAP from $23.00 to $27.00 and gave the stock a “buy” rating in a report on Friday, August 28th. Bank of America boosted their price objective on shares of GAP from $26.00 to $27.00 and gave the stock a “neutral” rating in a research report on Friday, August 28th. Finally, Barclays upped their target price on shares of GAP from $20.00 to $23.00 and gave the company an “equal weight” rating in a report on Friday, August 28th. Two investment analysts have rated the stock with a Strong Buy rating, five have issued a Buy rating, eleven have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $27.07.

GAP Stock Up 3.2%

GAP stock opened at $21.57 on Friday. The company has a market capitalization of $7.58 billion, a P/E ratio of 6.44, a PEG ratio of 0.91 and a beta of 2.08. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.11 and a current ratio of 1.82. The Gap, Inc. has a fifty-two week low of $18.11 and a fifty-two week high of $29.36. The stock has a 50-day simple moving average of $20.51 and a 200-day simple moving average of $22.47.

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

GAP Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, October 28th. Stockholders of record on Wednesday, October 7th will be given a dividend of $0.175 per share. The ex-dividend date is Wednesday, October 7th. This represents a $0.70 dividend on an annualized basis and a dividend yield of 3.2%. GAP’s dividend payout ratio (DPR) is 20.90%.

GAP Profile

Gap Inc is an American specialty apparel retailer founded in 1969 by Donald and Doris Fisher in San Francisco, California. The company operates a portfolio of consumer brands focused on clothing, accessories and personal-care products for women, men and children.

Its principal brands include Old Navy, Gap, Banana Republic and Athleta. Products are sold through company-operated stores, franchise locations and digital channels, with offerings spanning casual apparel, denim, activewear, accessories and lifestyle products.

Gap Inc serves customers in North America and selected international markets through its retail and e-commerce operations.