225,718 Shares in The Gap, Inc. $GAP Bought by Engineers Gate Manager LP

Engineers Gate Manager LP purchased a new stake in The Gap, Inc. (NYSE:GAP) during the second quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 225,718 shares of the company’s stock, valued at approximately $4,216,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Public Employees Retirement System of Ohio increased its stake in shares of GAP by 0.6% during the third quarter. Public Employees Retirement System of Ohio now owns 71,867 shares of the company’s stock worth $1,537,000 after buying an additional 447 shares during the period. Cullen Frost Bankers Inc. acquired a new position in GAP during the 4th quarter worth approximately $26,000. Global Retirement Partners LLC acquired a new position in GAP during the 2nd quarter worth approximately $29,000. California State Teachers Retirement System increased its position in shares of GAP by 0.8% in the 2nd quarter. California State Teachers Retirement System now owns 226,506 shares of the company’s stock valued at $4,940,000 after purchasing an additional 1,703 shares during the last quarter. Finally, Amundi raised 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 purchasing an additional 1,723 shares in the last quarter. 58.81% of the stock is owned by institutional investors and hedge funds.

GAP Stock Performance

NYSE:GAP opened at $21.57 on Friday. The firm has a 50 day simple moving average of $20.51 and a 200-day simple moving average of $22.47. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.82 and a quick ratio of 1.11. The firm has a market cap of $7.58 billion, a PE ratio of 6.44, a P/E/G ratio of 0.91 and a beta of 2.08. The Gap, Inc. has a 1-year low of $18.11 and a 1-year high of $29.36.

GAP (NYSE:GAP) last released its 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. The firm had revenue of $3.65 billion during the quarter, compared to analysts’ expectations of $3.69 billion. GAP had a net margin of 8.14% and a return on equity of 19.72%. GAP’s revenue for the quarter was down 2.0% on a year-over-year basis. During the same period in the previous year, the company earned $0.57 EPS. GAP has set its FY 2026 guidance at 2.350-2.450 EPS. On average, equities analysts expect that The Gap, Inc. will post 2.41 EPS for the current year.

GAP Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 28th. Stockholders 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 dividend on an annualized basis and a dividend yield of 3.2%. GAP’s payout ratio is currently 20.90%.

Analyst Ratings Changes

A number of brokerages recently commented on GAP. BMO Capital Markets began coverage on shares of GAP in a research note on Tuesday. They set a “market perform” rating and a $23.00 target price for the company. Barclays increased their price objective on GAP from $20.00 to $23.00 and gave the company an “equal weight” rating in a report on Friday, August 28th. Wells Fargo & Company upped their price target on GAP from $22.00 to $23.00 and gave the company a “cautious” rating in a report on Friday, August 28th. JPMorgan Chase & Co. restated a “neutral” rating and set a $27.00 price objective (down from $35.00) on shares of GAP in a research report on Friday, May 29th. Finally, BTIG Research lifted their price target on shares of GAP from $26.00 to $27.00 and gave the stock a “buy” rating in a research note on Friday, August 28th. Two investment analysts have rated the stock with a Strong Buy rating, five have issued a Buy rating, eleven have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $27.07.

GAP News Roundup

Here are the key news stories impacting GAP this week:

• Positive Sentiment: Analyst upgrade: BMO Capital Markets upgraded GAP to “hold,” improving the stock’s rating outlook and potentially supporting investor sentiment. The shares remain well below their 12-month high, while their low valuation—about 6.4 times earnings—may attract value-oriented investors. Zacks analyst rating report
• Positive Sentiment: Brand and product momentum: GAP is highlighting its handbag business through a Reed Krakoff collaboration and a Rockefeller Center takeover during New York Fashion Week. The initiative could increase visibility for the brand and support growth in accessories, an important area for improving sales and margins. WWD article on Gap handbags and Reed Krakoff
• Neutral Sentiment: Mixed long-term estimates: Zacks Research raised its FY2027 EPS estimate to $2.41 from $2.31 and its FY2028 estimate to $2.62 from $2.55. It also increased estimates for Q4 FY2027, Q3 FY2028 and Q4 FY2028, suggesting improving expectations for select periods.
• Negative Sentiment: Near-term estimate reductions: Zacks lowered its Q1 and Q2 FY2029 EPS forecasts and trimmed FY2029 estimates slightly to $2.81 from $2.82. It also reduced its Q2 FY2028 estimate, indicating some uncertainty about future earnings consistency.

About GAP

Gap Inc is an American specialty apparel retailer founded in 1969 by Donald and Doris Fisher in San Francisco, California. The company operates a portfolio of consumer brands focused on clothing, accessories and personal-care products for women, men and children.

Its principal brands include Old Navy, Gap, Banana Republic and Athleta. Products are sold through company-operated stores, franchise locations and digital channels, with offerings spanning casual apparel, denim, activewear, accessories and lifestyle products.

Gap Inc serves customers in North America and selected international markets through its retail and e-commerce operations.