563,583 Shares in The Gap, Inc. $GAP Purchased by Candriam S.C.A.

Key Points

• Candriam S.C.A. initiated a position in The Gap, purchasing 563,583 shares worth about $12.9 million, or 0.16% of the company. Institutional investors and hedge funds own 58.81% of GAP shares.
• Gap’s latest quarter beat earnings expectations with EPS of $0.52 versus $0.48 forecast, but revenue fell 2% year over year and missed estimates. The company issued fiscal 2026 EPS guidance of $2.35–$2.45.
• Analysts’ consensus rating is Hold, with an average price target of $27.07; Gap also pays an annualized dividend of $0.70 per share, a 3.1% yield.

Candriam S.C.A. bought a new stake in The Gap, Inc. (NYSE:GAP - Free Report) during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 563,583 shares of the company's stock, valued at approximately $12,919,000. Candriam S.C.A. owned 0.16% of GAP as of its most recent SEC filing.

A number of other large investors also recently added to or reduced their stakes in GAP. BlackRock Inc. purchased a new position in shares of GAP during the second quarter worth $428,824,000. Miller Howard Investments Inc. NY raised its holdings in shares of GAP by 23.1% in the 3rd quarter. Miller Howard Investments Inc. NY now owns 1,998,779 shares of the company's stock valued at $45,652,000 after buying an additional 374,739 shares during the period. Bank of America Corp DE purchased a new stake in shares of GAP in the 2nd quarter valued at $30,345,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in shares of GAP by 5.1% in the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 720,170 shares of the company's stock valued at $13,453,000 after buying an additional 35,103 shares during the period. Finally, Connor Clark & Lunn Investment Management Ltd. acquired a new position in GAP during the 2nd quarter worth about $12,794,000. 58.81% of the stock is currently owned by institutional investors and hedge funds.

GAP Stock Up 3.5%

Shares of NYSE:GAP opened at $22.23 on Tuesday. The firm's 50 day moving average price is $22.30 and its 200 day moving average price is $23.02. The stock has a market cap of $7.81 billion, a price-to-earnings ratio of 12.06, a price-to-earnings-growth ratio of 1.00 and a beta of 2.12. The Gap, Inc. has a fifty-two week low of $18.11 and a fifty-two week high of $29.36. The company has a quick ratio of 1.11, a current ratio of 1.82 and a debt-to-equity ratio of 0.38.

GAP (NYSE:GAP - Get Free Report) last posted its quarterly 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 company 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%. The firm's revenue was down 2.0% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.57 EPS. GAP has set its FY 2026 guidance at 2.350-2.450 EPS. As a group, equities research analysts predict that The Gap, Inc. will post 2.40 earnings per share for the current fiscal year.

GAP Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, October 28th. Shareholders of record on Wednesday, October 7th were paid a $0.1750 dividend. The ex-dividend date was Wednesday, October 7th. This represents a $0.70 dividend on an annualized basis and a yield of 3.1%. GAP's dividend payout ratio (DPR) is currently 20.90%.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on GAP shares. UBS Group raised their target price on GAP from $40.00 to $42.00 and gave the company a "buy" rating in a report on Friday, August 28th. Wells Fargo & Company boosted their price target on shares of GAP from $22.00 to $23.00 and gave the stock a "cautious" rating in a research note on Friday, August 28th. TD Cowen increased their price target on shares of GAP from $23.00 to $27.00 and gave the stock a "buy" rating in a research report on Friday, August 28th. Wolfe Research began coverage on shares of GAP in a research note on Wednesday, October 21st. They issued a "peer perform" rating for the company. Finally, BTIG Research lifted their price objective on shares of GAP from $26.00 to $27.00 and gave the company a "buy" rating in a report on Friday, August 28th. Two analysts have rated the stock with a Strong Buy rating, six have assigned a Buy rating, twelve have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of "Hold" and an average price target of $27.07.

Insiders Place Their Bets

In other news, Director William Fisher sold 500,000 shares of the firm's stock in a transaction dated Tuesday, October 6th. The stock was sold at an average price of $23.89, for a total transaction of $11,945,000.00. Following the sale, the director owned 15,903,198 shares of the company's stock, valued at approximately $379,927,400.22. This trade represents a 3.05% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Julie Gruber sold 27,538 shares of the business's stock in a transaction that occurred on Tuesday, October 6th. The stock was sold at an average price of $23.56, for a total value of $648,795.28. Following the sale, the insider owned 30,876 shares of the company's stock, valued at approximately $727,438.56. The trade was a 47.14% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders sold 1,027,538 shares of company stock worth $24,249,556. 31.00% of the stock is owned by insiders.

GAP Company Profile

Want to see what other hedge funds are holding GAP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for The Gap, Inc. (NYSE:GAP - Free Report).

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