Gildan Activewear (NYSE:GIL) Stock Gets Price Target Reduction from UBS Group

Gildan Activewear (NYSE:GIL) (TSE:GIL) had its target price reduced by UBS Group from $111.00 to $71.00 in a research report report published on Thursday morning,Benzinga reports. UBS Group currently has a buy rating on the textile maker’s stock.

Other equities research analysts have also recently issued reports about the company. Weiss Ratings reissued a “hold (c)” rating on shares of Gildan Activewear in a research note on Thursday, August 13th. Stifel Nicolaus set a $83.00 price target on Gildan Activewear and gave the stock a “buy” rating in a research report on Friday, July 31st. Scotia lifted their price target on Gildan Activewear from $65.00 to $67.00 and gave the stock a “sector outperform” rating in a research report on Friday, July 31st. TD dropped their price target on shares of 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, Citigroup reissued a “neutral” rating on shares of Gildan Activewear in a research report on Tuesday, August 4th. Twelve analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $73.69.

Gildan Activewear Stock Performance

Shares of GIL opened at $41.00 on Thursday. The company has a quick ratio of 1.01, a current ratio of 1.93 and a debt-to-equity ratio of 1.15. The stock has a market cap of $7.59 billion, a P/E ratio of 78.85 and a beta of 1.11. The business’s 50 day moving average price is $48.61 and its 200-day moving average price is $53.35. Gildan Activewear has a 52 week low of $39.93 and a 52 week high of $73.69.

Gildan Activewear (NYSE:GIL) (TSE:GIL) last posted its quarterly earnings data on Thursday, July 30th. The textile maker reported $1.28 earnings per share for the quarter, beating analysts’ consensus estimates of $1.11 by $0.17. Gildan Activewear had a return on equity of 21.03% and a net margin of 1.28%. The company had revenue of $1.58 billion during the quarter, compared to analyst estimates of $1.61 billion. During the same quarter last year, the company earned $0.97 EPS. The firm’s revenue for the quarter was up 72.3% on a year-over-year basis. Equities research analysts anticipate that Gildan Activewear will post 4.67 earnings per share for the current fiscal year.

Gildan Activewear Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, September 14th. Investors of record on Thursday, August 20th were issued a $0.2490 dividend. 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 payout ratio is presently 192.31%.

Hedge Funds Weigh In On Gildan Activewear

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Fifth Third Bancorp boosted its stake in Gildan Activewear by 16.5% during 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 during the last quarter. Mather Group LLC. raised its stake in shares of Gildan Activewear by 7.6% in the third quarter. Mather Group LLC. now owns 3,468 shares of the textile maker’s stock worth $148,000 after purchasing an additional 244 shares during the last quarter. Corient Private Wealth LLC lifted its holdings in shares of Gildan Activewear by 3.9% during the fourth quarter. Corient Private Wealth LLC now owns 9,043 shares of the textile maker’s stock valued at $566,000 after purchasing an additional 339 shares in the last quarter. Assenagon Asset Management S.A. lifted its holdings in shares of Gildan Activewear by 5.9% during the first quarter. Assenagon Asset Management S.A. now owns 6,468 shares of the textile maker’s stock valued at $359,000 after purchasing an additional 359 shares in the last quarter. Finally, Cooper Financial Group lifted its holdings in shares of Gildan Activewear by 3.2% during the third quarter. Cooper Financial Group now owns 13,270 shares of the textile maker’s stock valued at $566,000 after purchasing an additional 407 shares in the last quarter. 82.83% of the stock is owned by institutional investors.

Key Stories Impacting Gildan Activewear

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

• Positive Sentiment: UBS retained a Buy rating on Gildan Activewear but lowered its price target to $71 from $111. The revised target still implies substantial potential upside from the current trading level, suggesting UBS believes the market may have overreacted to recent concerns. UBS price target report
• Neutral Sentiment: A Quebec Court of Appeal decision granted Gildan leave to appeal an order requiring it to advance defense costs to former directors. The ruling is procedural; its ultimate effect on Gildan’s legal expenses and liability remains uncertain. Quebec Court of Appeal article
• Negative Sentiment: Rosen Law Firm and several other firms announced or promoted a securities class action against Gildan on behalf of investors who purchased securities between February 19, 2025, and June 15, 2026. The complaints reportedly involve alleged channel stuffing and related securities-law violations. These are allegations, not established findings, but the litigation could create legal costs, potential damages and management distraction. Investors have until December 14, 2026 to seek lead-plaintiff status. Rosen Law Firm class action announcement

Gildan Activewear Company Profile

Gildan Activewear Inc is a Canadian apparel manufacturer headquartered in Montreal, Quebec. The company produces basic everyday apparel, including T-shirts, fleece garments, underwear, socks and hosiery, for wholesalers, retailers, screen printers, brands and consumers.

Its portfolio includes the Gildan, American Apparel, Comfort Colors and Gold Toe brands, along with other product lines serving the activewear, casualwear and innerwear markets. Gildan also manufactures private-label and co-branded products for customers in several apparel categories.

Founded in 1984 by brothers Glenn and Greg Chamandy, Gildan has developed a vertically integrated manufacturing model that covers key stages from textile production through finished garments.