Gildan Activewear (NYSE:GIL) Stock Acquired Rep. Gilbert Ray Cisneros, Jr.

Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently bought shares of Gildan Activewear, Inc. (NYSE:GIL). In a filing disclosed on June 08th, the Representative disclosed that they had bought between $1,001 and $15,000 in Gildan Activewear stock on May 11th. The trade occurred in the Representative’s “150 MAIN STREET TRUST > BANK OF AMERICA” account.

Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of SoftBank Group (OTCMKTS:SFTBF) on 6/2/2026.
• Purchased $1,001 – $15,000 in shares of Ciena (NYSE:CIEN) on 5/29/2026.
• Sold $1,001 – $15,000 in shares of AutoZone (NYSE:AZO) on 5/29/2026.
• Purchased $1,001 – $15,000 in shares of Independent Bank (NASDAQ:INDB) on 5/29/2026.
• Purchased $1,001 – $15,000 in shares of Arcutis Biotherapeutics (NASDAQ:ARQT) on 5/29/2026.
• Purchased $1,001 – $15,000 in shares of HealthEquity (NASDAQ:HQY) on 5/29/2026.
• Purchased $1,001 – $15,000 in shares of Boston Scientific (NYSE:BSX) on 5/29/2026.
• Purchased $1,001 – $15,000 in shares of Perella Weinberg Partners (NASDAQ:PWP) on 5/29/2026.
• Purchased $1,001 – $15,000 in shares of Cooper Companies (NASDAQ:COO) on 5/29/2026.
• Purchased $1,001 – $15,000 in shares of Ligand Pharmaceuticals (NASDAQ:LGND) on 5/29/2026.

Gildan Activewear Trading Down 0.3%

Shares of NYSE:GIL traded down $0.18 during midday trading on Thursday, hitting $56.86. The company had a trading volume of 217,314 shares, compared to its average volume of 1,217,723. Gildan Activewear, Inc. has a 12 month low of $46.00 and a 12 month high of $73.69. The company has a current ratio of 2.35, a quick ratio of 1.17 and a debt-to-equity ratio of 1.32. The stock has a market cap of $10.53 billion, a price-to-earnings ratio of 33.52 and a beta of 1.08. The firm has a fifty day simple moving average of $58.03 and a 200 day simple moving average of $61.50.

Gildan Activewear (NYSE:GIL) (TSE:GIL) last posted its quarterly earnings results on Thursday, April 30th. The textile maker reported $0.43 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.36 by $0.07. The business had revenue of $1.17 billion for the quarter, compared to analyst estimates of $1.14 billion. Gildan Activewear had a return on equity of 21.38% and a net margin of 6.10%.The firm’s revenue was up 63.8% on a year-over-year basis. During the same period last year, the company earned $0.59 EPS. Gildan Activewear has set its FY 2026 guidance at 4.200-4.400 EPS. On average, analysts predict that Gildan Activewear, Inc. will post 4.25 EPS for the current year.

Gildan Activewear Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, June 15th. Stockholders of record on Wednesday, May 20th will be given a $0.249 dividend. This represents a $1.00 annualized dividend and a dividend yield of 1.8%. The ex-dividend date is Wednesday, May 20th. Gildan Activewear’s dividend payout ratio (DPR) is currently 58.82%.

Wall Street Analyst Weigh In

Several research analysts have weighed in on the company. Scotiabank reduced their target price on Gildan Activewear from $74.00 to $72.00 and set a “sector outperform” rating on the stock in a report on Monday, May 4th. Canadian Imperial Bank of Commerce reiterated an “outperform” rating and set a $77.00 target price on shares of Gildan Activewear in a report on Friday, May 1st. Weiss Ratings downgraded Gildan Activewear from a “hold (c+)” rating to a “hold (c)” rating in a research note on Monday, May 18th. Royal Bank Of Canada dropped their price target on Gildan Activewear from $79.00 to $78.00 and set an “outperform” rating on the stock in a research note on Monday, March 2nd. Finally, Stifel Nicolaus lifted their price target on Gildan Activewear from $75.00 to $80.00 and gave the company a “buy” rating in a research note on Monday, February 23rd. Twelve analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat, Gildan Activewear presently has an average rating of “Moderate Buy” and a consensus price target of $79.77.

Institutional Trading of Gildan Activewear

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Polar Asset Management Partners Inc. bought a new stake in shares of Gildan Activewear during the third quarter worth about $2,082,000. Wedge Capital Management L L P NC bought a new stake in shares of Gildan Activewear during the fourth quarter worth about $36,866,000. Envestnet Asset Management Inc. grew its holdings in shares of Gildan Activewear by 9.2% during the third quarter. Envestnet Asset Management Inc. now owns 464,925 shares of the textile maker’s stock worth $26,873,000 after purchasing an additional 39,072 shares during the last quarter. Public Sector Pension Investment Board grew its holdings in shares of Gildan Activewear by 257.9% during the third quarter. Public Sector Pension Investment Board now owns 49,176 shares of the textile maker’s stock worth $2,842,000 after purchasing an additional 35,436 shares during the last quarter. Finally, JPMorgan Chase & Co. grew its holdings in shares of Gildan Activewear by 3.5% during the third quarter. JPMorgan Chase & Co. now owns 615,792 shares of the textile maker’s stock worth $35,593,000 after purchasing an additional 21,078 shares during the last quarter. Institutional investors and hedge funds own 82.83% of the company’s stock.

About Representative Cisneros

Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California’s 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California’s 31st Congressional District. He declared candidacy for the 2026 election.

Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor’s degree in political science from George Washington University in 1994, a master’s in business administration from Regis University in 2002, and a master’s degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.

Gildan Activewear Company Profile

Gildan Activewear Inc (NYSE:GIL) is a vertically integrated manufacturer and wholesaler of branded basic apparel, including activewear, socks, hosiery and underwear. Headquartered in Montreal, Quebec, the company produces a wide range of products such as T-shirts, fleece garments, sport shirts, performance wear, and shapewear under its Gildan, Anvil, Comfort Colors, Gold Toe, Peds and Silks brands. Leveraging its in-house knitting, dyeing, cut-and-sew and finishing operations, Gildan supplies blank apparel to screen printers, promotional product distributors and major retailers around the world.

Since its founding in 1984 by Glenn J.