111 Capital Takes Position in The Gap, Inc. $GAP

Key Points

• 111 Capital acquired a new position in The Gap, Inc. by purchasing 16,195 shares valued at approximately $353,000 during the 2nd quarter.
• Insider trading activity included Director Robert J. Fisher selling 500,000 shares valued at $11.45 million, indicating a 15.02% decrease in his ownership.
• The Gap, Inc. recently declared a quarterly dividend of $0.165, resulting in a dividend yield of 3.1% and a payout ratio of 28.21%.

111 Capital purchased a new position in shares of The Gap, Inc. (NYSE:GAP - Free Report) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 16,195 shares of the company's stock, valued at approximately $353,000.

Several other large investors also recently bought and sold shares of GAP. Dodge & Cox purchased a new stake in shares of GAP during the first quarter valued at approximately $592,222,000. Ameriprise Financial Inc. purchased a new stake in GAP during the 1st quarter worth $63,674,000. Bank of New York Mellon Corp acquired a new position in GAP in the 1st quarter worth $56,763,000. LSV Asset Management purchased a new position in GAP in the 1st quarter valued at about $32,655,000. Finally, Rhumbline Advisers acquired a new stake in shares of GAP during the first quarter valued at about $12,210,000. Institutional investors and hedge funds own 58.81% of the company's stock.

Insider Buying and Selling

In related news, Director Robert J. Fisher sold 500,000 shares of the company's stock in a transaction on Wednesday, September 24th. The stock was sold at an average price of $22.90, for a total transaction of $11,450,000.00. Following the completion of the transaction, the director directly owned 2,829,502 shares in the company, valued at $64,795,595.80. This represents a 15.02% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director William Sydney Fisher sold 243,064 shares of the stock in a transaction on Thursday, September 4th. The stock was sold at an average price of $23.82, for a total value of $5,789,784.48. Following the completion of the sale, the director directly owned 3,453,453 shares in the company, valued at $82,261,250.46. This represents a 6.58% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 943,064 shares of company stock valued at $22,011,784 in the last 90 days. Insiders own 31.00% of the company's stock.

GAP Trading Down 0.7%

GAP stock opened at $21.59 on Monday. The firm's 50-day moving average is $21.67 and its 200-day moving average is $21.91. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.96 and a current ratio of 1.68. The Gap, Inc. has a 1 year low of $16.99 and a 1 year high of $29.29. The company has a market cap of $8.01 billion, a P/E ratio of 9.22, a PEG ratio of 2.47 and a beta of 2.10.

GAP (NYSE:GAP - Get Free Report) last announced its quarterly earnings data on Thursday, August 28th. The company reported $0.57 earnings per share for the quarter, beating analysts' consensus estimates of $0.55 by $0.02. GAP had a net margin of 5.86% and a return on equity of 27.04%. The business had revenue of $3.73 billion during the quarter, compared to the consensus estimate of $3.73 billion. During the same quarter in the prior year, the firm earned $0.54 EPS. The company's revenue for the quarter was up .1% compared to the same quarter last year. GAP has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. On average, equities analysts expect that The Gap, Inc. will post 2.02 earnings per share for the current year.

GAP Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, October 29th. Investors of record on Wednesday, October 8th will be issued a $0.165 dividend. The ex-dividend date of this dividend is Wednesday, October 8th. This represents a $0.66 annualized dividend and a dividend yield of 3.1%. GAP's dividend payout ratio (DPR) is 28.21%.

Wall Street Analysts Forecast Growth

GAP has been the topic of several recent analyst reports. Evercore ISI boosted their price target on GAP from $24.00 to $25.00 and gave the stock an "outperform" rating in a research note on Friday, August 29th. Citigroup reiterated a "neutral" rating and set a $22.00 target price (down from $30.00) on shares of GAP in a research note on Wednesday, August 20th. UBS Group dropped their price target on shares of GAP from $27.00 to $23.00 and set a "neutral" rating for the company in a research note on Friday, August 22nd. Morgan Stanley upped their price target on shares of GAP from $27.00 to $28.00 and gave the company an "overweight" rating in a report on Tuesday, September 16th. Finally, Telsey Advisory Group decreased their price objective on shares of GAP from $26.00 to $24.00 and set a "market perform" rating for the company in a report on Tuesday, September 2nd. Six equities research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, GAP has an average rating of "Hold" and a consensus price target of $25.47.

GAP Company Profile

Gap, Inc operates as a global apparel retail company, which offers clothing, apparel, accessories, and personal care products for men, women, and children. The firm operates through the following segments: Gap Global, Old Navy Global, Banana Republic Global, Athleta, and Other. The Gap Global segment includes apparel and accessories for men and women under the Gap brand, along with the GapKids, BabyGap, GapMaternity, GapBody, and GapFit collections.

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