Rep. Thomas H. Kean, Jr. Unloads Shares of Gildan Activewear, Inc. (NYSE:GIL)

Representative Thomas H. Kean, Jr. (Republican-New Jersey) recently sold shares of Gildan Activewear, Inc. (NYSE:GIL). In a filing disclosed on July 15th, the Representative disclosed that they had sold between $1,001 and $15,000 in Gildan Activewear stock on June 17th. The trade occurred in the Representative’s “KEAN FAMILY PARTNERSHIP” account.

Representative Thomas H. Kean, Jr. also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of Analog Devices (NASDAQ:ADI) on 6/30/2026.
• Sold $1,001 – $15,000 in shares of S&P Global (NYSE:SPGI) on 6/29/2026.
• Sold $1,001 – $15,000 in shares of Markel Group (NYSE:MKL) on 6/29/2026.
• Sold $1,001 – $15,000 in shares of Johnson & Johnson (NYSE:JNJ) on 6/29/2026.
• Purchased $1,001 – $15,000 in shares of ESAB (NYSE:ESAB) on 6/24/2026.
• Sold $15,001 – $50,000 in shares of Alphabet (NASDAQ:GOOGL) on 6/24/2026.
• Purchased $1,001 – $15,000 in shares of ESAB (NYSE:ESAB) on 6/22/2026.
• Purchased $1,001 – $15,000 in shares of Wheaton Precious Metals (NYSE:WPM) on 6/4/2026.
• Purchased $1,001 – $15,000 in shares of Gildan Activewear (NYSE:GIL) on 6/2/2026.
• Sold $1,001 – $15,000 in shares of Johnson & Johnson (NYSE:JNJ) on 6/2/2026.

Gildan Activewear Stock Performance

Shares of NYSE GIL traded up $0.48 during mid-day trading on Friday, hitting $54.06. The company had a trading volume of 1,728,967 shares, compared to its average volume of 1,113,197. The company has a current ratio of 2.35, a quick ratio of 1.17 and a debt-to-equity ratio of 1.32. Gildan Activewear, Inc. has a 1 year low of $46.00 and a 1 year high of $73.69. The company has a market capitalization of $10.01 billion, a price-to-earnings ratio of 31.80 and a beta of 1.11. The stock’s 50-day moving average price is $55.38 and its 200-day moving average price is $60.21.

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

Gildan Activewear Dividend Announcement

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

Wall Street Analysts Forecast Growth

Several analysts have issued reports on GIL shares. Royal Bank Of Canada reiterated an “outperform” rating on shares of Gildan Activewear in a research note on Wednesday, June 17th. Zacks Research upgraded Gildan Activewear from a “strong sell” rating to a “hold” rating in a research report on Friday, May 1st. Scotia lowered their price target on Gildan Activewear from $72.00 to $65.00 and set a “sector outperform” rating on the stock in a report on Wednesday, June 17th. TD Securities reiterated a “buy” rating on shares of Gildan Activewear in a research report on Tuesday, June 16th. Finally, Weiss Ratings lowered Gildan Activewear from a “hold (c+)” rating to a “hold (c)” rating in a report on Monday, May 18th. Thirteen research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $78.21.

Institutional Trading of Gildan Activewear

Hedge funds have recently bought and sold shares of the company. Webster Bank N. A. bought a new position in shares of Gildan Activewear during the 4th quarter valued at $25,000. Islay Capital Management LLC bought a new stake in Gildan Activewear during the 4th quarter valued at $25,000. Larson Financial Group LLC boosted its position in Gildan Activewear by 3,516.7% during the 4th quarter. Larson Financial Group LLC now owns 434 shares of the textile maker’s stock valued at $27,000 after buying an additional 422 shares during the period. Smartleaf Asset Management LLC grew its holdings in Gildan Activewear by 161.8% in the 2nd quarter. Smartleaf Asset Management LLC now owns 555 shares of the textile maker’s stock worth $27,000 after acquiring an additional 343 shares during the last quarter. Finally, Caitong International Asset Management Co. Ltd grew its holdings in Gildan Activewear by 14,833.3% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 448 shares of the textile maker’s stock worth $28,000 after acquiring an additional 445 shares during the last quarter. Institutional investors own 82.83% of the company’s stock.

About Representative Kean

Thomas Kean Jr. (Republican Party) is a member of the U.S. House, representing New Jersey’s 7th Congressional District. He assumed office on January 3, 2023. His current term ends on January 3, 2027.

Kean (Republican Party) is running for re-election to the U.S. House to represent New Jersey’s 7th Congressional District. He declared candidacy for the 2026 election.

Thomas Kean Jr. lives in Westfield, New Jersey. Kean earned a master’s degree from the Tufts University Fletcher School of Law and Diplomacy. His career experience includes working with the Environmental Protection Agency during the George H.W. Bush administration and as an advisor to former U.S. Representative Bob Franks, a firefighter, and an emergency medical technician. Kean has served as the vice president of a fire department.

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.