Rep. Kevin Hern Unloads 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 Stock Up 1.1%

Shares of NYSE:GAP opened at $22.31 on Friday. The company has a market capitalization of $7.84 billion, a price-to-earnings ratio of 6.66, a PEG ratio of 0.94 and a beta of 2.08. The Gap, Inc. has a 12-month low of $18.11 and a 12-month high of $29.36. The business has a 50-day moving average price of $20.19 and a 200 day moving average price of $22.69. The company has a current ratio of 1.82, a quick ratio of 1.11 and a debt-to-equity ratio of 0.38.

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

GAP Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, October 28th. Shareholders of record on Wednesday, October 7th will be paid a dividend of $0.175 per share. The ex-dividend date of this dividend is Wednesday, October 7th. This represents a $0.70 annualized dividend and a yield of 3.1%. GAP’s dividend payout ratio (DPR) is 20.90%.

GAP News Roundup

Here are the key news stories impacting GAP this week:

• Positive Sentiment: New handbag strategy could expand growth opportunities: Gap is introducing “GapBag” for fall 2026, featuring handbags designed by Reed Krakoff. The move expands the brand into the lucrative accessories market and could increase average customer spending and diversify revenue beyond apparel. Gap introduces GapBag for fall 2026 with handbags by Reed Krakoff
• Positive Sentiment: Momentum factors remain favorable: Zacks highlighted GAP as a strong momentum stock, which may attract technical and quantitative investors after the shares moved above their 50-day average. Why Gap is a strong momentum stock
• Neutral Sentiment: Analyst sentiment is cautious: The Gap received an average “Hold” rating, suggesting Wall Street sees balanced upside and downside rather than a clear catalyst for re-rating. The Gap receives average Hold rating
• Neutral Sentiment: CEO Richard Dickson is scheduled to participate in the Goldman Sachs Global Consumer & Retail Conference on September 14. The event could provide updates on strategy, sales trends and the handbag rollout, but no new financial guidance was announced. Gap to participate in Goldman Sachs conference
• Neutral Sentiment: Gap also announced a New York City youth education partnership with FIT and BroSis. The initiative supports brand goodwill but is unlikely to materially affect near-term earnings. Gap, FIT and BroSis partnership

Institutional Trading of GAP

A number of institutional investors have recently bought and sold shares of GAP. Amundi increased its holdings in shares of GAP by 3.6% in the 2nd quarter. Amundi now owns 49,008 shares of the company’s stock valued at $916,000 after acquiring an additional 1,723 shares during the last quarter. VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new stake in GAP during the second quarter worth approximately $478,000. California State Teachers Retirement System boosted its holdings in GAP by 1,732.5% in the second quarter. California State Teachers Retirement System now owns 5,116,415 shares of the company’s stock valued at $95,575,000 after purchasing an additional 4,837,214 shares in the last quarter. HB Wealth Management LLC increased its stake in GAP by 59.8% in the second quarter. HB Wealth Management LLC now owns 22,652 shares of the company’s stock valued at $423,000 after purchasing an additional 8,477 shares during the last quarter. Finally, Angeles Wealth Management LLC acquired a new stake in GAP during the second quarter worth approximately $468,000. 58.81% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on GAP shares. JPMorgan Chase & Co. reiterated a “neutral” rating and set a $27.00 target price (down from $35.00) on shares of GAP in a report on Friday, May 29th. UBS Group upped their price target on GAP from $40.00 to $42.00 and gave the stock a “buy” rating in a report on Friday, August 28th. Weiss Ratings downgraded GAP from a “hold (c+)” rating to a “hold (c)” rating in a research report on Tuesday, July 28th. Evercore set a $20.00 target price on shares of GAP and gave the stock an “in-line” rating in a research note on Friday, May 29th. Finally, BTIG Research raised their target price on shares of GAP from $26.00 to $27.00 and gave the company a “buy” rating in a report on Friday, August 28th. Two investment analysts have rated the stock with a Strong Buy rating, five have assigned a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $27.36.

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.