Gildan Activewear (NYSE:GIL) Stock Gets Price Target Trim from Royal Bank Of Canada

Gildan Activewear (NYSE:GIL) (TSE:GIL) had its target price lowered by Royal Bank Of Canada from $82.00 to $70.00 in a report published on Tuesday morning, MarketBeat.com reports. The brokerage currently has an outperform rating on the textile maker’s stock.

Other equities research analysts also recently issued research reports about the company. Scotiabank reiterated a “sector outperform” rating and issued a $67.00 price objective (up from $65.00) on shares of Gildan Activewear in a research report on Friday, July 31st. Weiss Ratings restated a “hold (c)” rating on shares of Gildan Activewear in a research report on Thursday, August 13th. Scotia upped their target price on Gildan Activewear from $65.00 to $67.00 and gave the stock a “sector outperform” rating in a research note on Friday, July 31st. TD Securities decreased their target price 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. Finally, TD lowered their price target on Gildan Activewear from $80.00 to $54.00 and set a “buy” rating on the stock in a report on Thursday, September 24th. Twelve analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat.com, Gildan Activewear currently has a consensus rating of “Moderate Buy” and an average target price of $73.58.

Gildan Activewear Price Performance

Shares of NYSE:GIL opened at $40.98 on Tuesday. The company has a 50 day moving average of $47.27 and a 200 day moving average of $52.94. The company has a current ratio of 1.93, a quick ratio of 1.01 and a debt-to-equity ratio of 1.15. The stock has a market cap of $7.59 billion, a P/E ratio of 78.81 and a beta of 1.11. Gildan Activewear has a 12 month low of $39.81 and a 12 month high of $73.69.

Gildan Activewear (NYSE:GIL) (TSE:GIL) last posted its earnings results on Thursday, July 30th. The textile maker reported $1.28 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.11 by $0.17. Gildan Activewear had a net margin of 1.28% and a return on equity of 21.03%. The business had revenue of $1.58 billion for the quarter, compared to analysts’ expectations of $1.61 billion. During the same period in the prior year, the company posted $0.97 EPS. The business’s revenue for the quarter was up 72.3% compared to the same quarter last year. As a group, sell-side analysts forecast that Gildan Activewear will post 4.67 EPS for the current fiscal year.

Gildan Activewear Announces Dividend

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

Institutional Investors Weigh In On Gildan Activewear

A number of hedge funds have recently made changes to their positions in GIL. Fifth Third Bancorp boosted 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 in the last quarter. Mather Group LLC. grew its holdings in shares of Gildan Activewear by 7.6% during the 3rd quarter. Mather Group LLC. now owns 3,468 shares of the textile maker’s stock valued at $148,000 after purchasing an additional 244 shares during the last quarter. Corient Private Wealth LLC raised its position in Gildan Activewear by 3.9% in the 4th quarter. Corient Private Wealth LLC now owns 9,043 shares of the textile maker’s stock worth $566,000 after purchasing an additional 339 shares during the period. Assenagon Asset Management S.A. raised its position in Gildan Activewear by 5.9% in the 1st quarter. Assenagon Asset Management S.A. now owns 6,468 shares of the textile maker’s stock worth $359,000 after purchasing an additional 359 shares during the period. Finally, Cooper Financial Group raised its position in Gildan Activewear by 3.2% in the 3rd quarter. Cooper Financial Group now owns 13,270 shares of the textile maker’s stock worth $566,000 after purchasing an additional 407 shares during the period. 82.83% of the stock is currently owned by institutional investors.

Key Gildan Activewear News

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

• Positive Sentiment: Gildan’s upcoming quarterly earnings report could provide an important catalyst. Investors will be watching whether the company can support its previously stated 2026 outlook and address concerns about sales quality and organic growth. Gildan Activewear Expected to Post Quarterly Earnings
• Neutral Sentiment: Recent valuation commentary is mixed: one analysis questions whether Gildan is above fair value after its longer-term gains, while another considers whether the shares are undervalued ahead of earnings despite the legal overhang. Gildan Activewear valuation analysis
• Negative Sentiment: Multiple law firms announced or promoted a securities class action covering investors who purchased Gildan securities from February 19, 2025, through June 15, 2026. The allegations include channel stuffing, revenue inflation, pulled-forward sales, misleading organic-growth metrics, and ineffective internal controls. The claims have not been proven, but the litigation creates legal, financial, and reputational risks. Investors seeking lead-plaintiff status face a December 14, 2026 deadline. Gildan securities class-action notice
• Negative Sentiment: The legal announcements reference an approximately 18% stock decline that allegedly followed the disclosure of the issues, reinforcing concerns that prior growth and sales figures may not have been sustainable. Gildan stock-drop class-action announcement
• Negative Sentiment: Royal Bank of Canada reportedly reduced its price target for Gildan, adding further pressure to the investment case as analysts reassess earnings quality, litigation exposure, and the company’s outlook. RBC cuts Gildan price target

About Gildan Activewear

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.