212,674 Shares in The Gap, Inc. $GAP Bought by Hsbc Holdings PLC

Hsbc Holdings PLC bought a new position in shares of The Gap, Inc. (NYSE:GAP) during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 212,674 shares of the company’s stock, valued at approximately $3,904,000. Hsbc Holdings PLC owned approximately 0.06% of GAP as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also made changes to their positions in the company. Miller Howard Investments Inc. NY boosted its position in shares of GAP by 112.2% in the 1st quarter. Miller Howard Investments Inc. NY now owns 1,704,021 shares of the company’s stock worth $41,237,000 after buying an additional 900,855 shares in the last quarter. LSV Asset Management increased its holdings in GAP by 3.6% during the 4th quarter. LSV Asset Management now owns 3,462,702 shares of the company’s stock valued at $88,645,000 after acquiring an additional 121,001 shares in the last quarter. BlackRock Inc. acquired a new position in GAP during the second quarter worth about $428,824,000. Robinhood Asset Management LLC acquired a new position in GAP during the second quarter worth about $6,312,000. Finally, Bank of New York Mellon Corp lifted its holdings in shares of GAP by 13.0% in the fourth quarter. Bank of New York Mellon Corp now owns 3,195,934 shares of the company’s stock valued at $81,816,000 after purchasing an additional 368,191 shares in the last quarter. Hedge funds and other institutional investors own 58.81% of the company’s stock.

GAP Price Performance

Shares of NYSE:GAP opened at $23.48 on Friday. The company has a market cap of $8.45 billion, a P/E ratio of 7.01, a P/E/G ratio of 1.39 and a beta of 2.05. The company has a quick ratio of 1.08, a current ratio of 1.81 and a debt-to-equity ratio of 0.41. The Gap, Inc. has a 52 week low of $18.11 and a 52 week high of $29.36. The business has a fifty day simple moving average of $20.06 and a 200-day simple moving average of $22.87.

GAP (NYSE:GAP) last released its earnings results on Thursday, August 27th. The company reported $0.52 earnings per share for the quarter, topping the consensus estimate of $0.48 by $0.04. The firm had revenue of $3.65 billion for the quarter, compared to the consensus estimate of $3.69 billion. GAP had a return on equity of 20.05% and a net margin of 8.14%.The firm’s revenue for the quarter was down 2.0% compared to the same quarter last year. During the same period in the prior year, the business posted $0.57 earnings per share. GAP has set its FY 2026 guidance at 2.350-2.450 EPS. Equities research analysts forecast that The Gap, Inc. will post 2.38 EPS for the current year.

GAP Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, October 28th. Investors of record on Wednesday, October 7th will be given a $0.175 dividend. The ex-dividend date of this dividend is Wednesday, October 7th. This represents a $0.70 annualized dividend and a dividend yield of 3.0%. GAP’s dividend payout ratio (DPR) is currently 20.90%.

Trending Headlines about GAP

Here are the key news stories impacting GAP this week:

• Positive Sentiment: Quarterly earnings beat expectations: Adjusted EPS was $0.52, exceeding the $0.48 consensus estimate. Gross margin expanded 20 basis points to 41.4%, helping Gap outperform operating-profit expectations despite weaker sales. Gap names Michael Francis Old Navy CEO as quarterly profit beats estimates
• Positive Sentiment: Profit outlook raised: The company now expects fiscal 2026 EPS of $2.35 to $2.45, above the roughly $2.33 analyst consensus. Management cited continued momentum at the Gap brand, margin discipline and strength at Banana Republic. Gap lifts annual profit forecast on strength of namesake brand
• Positive Sentiment: Old Navy leadership reset: Michael Francis, a retail veteran with experience at Walmart and Target, will become Old Navy’s president and CEO on November 2, replacing Haio Barbeito. Investors appear hopeful that Francis can improve the company’s largest brand. Gap shares jump after Old Navy brings in new CEO to revive brand
• Positive Sentiment: Analyst support increased: TD Cowen and BTIG raised their price targets to $27 and assigned “buy” ratings. Bank of America also raised its target to $27, while Morgan Stanley lifted its target to $23 but retained an “equal weight” rating.
• Neutral Sentiment: Sales remained soft: Second-quarter revenue fell 2% year over year to $3.65 billion, below the $3.69 billion consensus, while comparable sales declined 1%. Full-year revenue guidance of about $15.6 billion is slightly below analyst expectations. Gap Inc. Reports Second Quarter Fiscal 2026 Results
• Negative Sentiment: Brand performance was uneven: Old Navy reported sluggish comparable sales, and Athleta continued to face pressure. The need for a leadership change underscores execution risks even as Gap and Banana Republic show stronger momentum.

Wall Street Analysts Forecast Growth

A number of research analysts have recently weighed in on GAP shares. BTIG Research raised their price objective on shares of GAP from $26.00 to $27.00 and gave the stock a “buy” rating in a research note on Friday. Bank of America upped their target price on GAP from $26.00 to $27.00 and gave the company a “neutral” rating in a research note on Friday. UBS Group increased their target price on GAP from $40.00 to $42.00 and gave the company a “buy” rating in a report on Friday. Evercore set a $20.00 price target on GAP and gave the stock an “in-line” rating in a research report on Friday, May 29th. Finally, JPMorgan Chase & Co. reissued a “neutral” rating and issued a $27.00 price target (down from $35.00) on shares of GAP in a report on Friday, May 29th. Two analysts have rated the stock with a Strong Buy rating, five have given a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $27.21.

GAP Profile

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.