American Century Companies Inc. Grows Stock Holdings in G-III Apparel Group, LTD. $GIII

Key Points

• American Century Companies increased its stake in G-III by 3.4% in Q3 to 1,730,216 shares (a 4.10% ownership) valued at about $46.04 million.
• G-III reported a Q result where it beat EPS estimates ($1.90 vs. $1.61) but revenue fell 9.3% year‑over‑year, and the company set FY2026 guidance of $2.80–$2.90 EPS.
• Institutional investors own 92.13% of the stock; analysts’ views are mixed with an average rating of "Hold" and an average price target of $30.80, while the company trades at a market cap of $1.27 billion and a P/E of 9.06.

American Century Companies Inc. grew its stake in G-III Apparel Group, LTD. (NASDAQ:GIII - Free Report) by 3.4% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,730,216 shares of the textile maker's stock after acquiring an additional 57,440 shares during the period. American Century Companies Inc. owned 4.10% of G-III Apparel Group worth $46,041,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of GIII. Amalgamated Bank boosted its holdings in shares of G-III Apparel Group by 3.4% in the third quarter. Amalgamated Bank now owns 11,247 shares of the textile maker's stock valued at $299,000 after purchasing an additional 375 shares during the period. Lido Advisors LLC raised its position in G-III Apparel Group by 2.0% during the 2nd quarter. Lido Advisors LLC now owns 20,594 shares of the textile maker's stock valued at $461,000 after purchasing an additional 395 shares in the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS raised its position in G-III Apparel Group by 5.8% during the 2nd quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 9,781 shares of the textile maker's stock valued at $219,000 after purchasing an additional 539 shares in the last quarter. EverSource Wealth Advisors LLC lifted its holdings in shares of G-III Apparel Group by 105.2% in the 3rd quarter. EverSource Wealth Advisors LLC now owns 1,153 shares of the textile maker's stock worth $31,000 after buying an additional 591 shares during the period. Finally, The Manufacturers Life Insurance Company grew its position in shares of G-III Apparel Group by 3.1% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 19,407 shares of the textile maker's stock worth $435,000 after buying an additional 592 shares in the last quarter. Institutional investors own 92.13% of the company's stock.

Analyst Ratings Changes

GIII has been the subject of several recent research reports. BTIG Research lifted their price objective on G-III Apparel Group from $32.00 to $34.00 and gave the company a "buy" rating in a report on Tuesday, December 9th. KeyCorp reiterated an "overweight" rating and set a $35.00 target price (up from $33.00) on shares of G-III Apparel Group in a report on Wednesday, December 10th. Weiss Ratings restated a "hold (c+)" rating on shares of G-III Apparel Group in a report on Friday, January 9th. Telsey Advisory Group set a $34.00 price target on shares of G-III Apparel Group in a research report on Wednesday, December 10th. Finally, UBS Group dropped their price objective on shares of G-III Apparel Group from $32.00 to $30.00 and set a "neutral" rating on the stock in a research note on Tuesday. Two analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company currently has an average rating of "Hold" and an average price target of $30.80.

G-III Apparel Group Trading Down 1.7%

NASDAQ GIII opened at $30.16 on Friday. The firm's fifty day simple moving average is $30.02 and its two-hundred day simple moving average is $28.66. The firm has a market capitalization of $1.27 billion, a P/E ratio of 9.06 and a beta of 1.29. G-III Apparel Group, LTD. has a 12-month low of $20.33 and a 12-month high of $34.83.

G-III Apparel Group (NASDAQ:GIII - Get Free Report) last issued its quarterly earnings data on Tuesday, December 9th. The textile maker reported $1.90 EPS for the quarter, beating the consensus estimate of $1.61 by $0.29. The firm had revenue of $988.65 million during the quarter, compared to analyst estimates of $1.01 billion. G-III Apparel Group had a return on equity of 9.37% and a net margin of 4.89%.The business's revenue for the quarter was down 9.3% compared to the same quarter last year. During the same quarter in the prior year, the business posted $2.59 EPS. G-III Apparel Group has set its FY 2026 guidance at 2.800-2.900 EPS. As a group, sell-side analysts predict that G-III Apparel Group, LTD. will post 4.16 earnings per share for the current fiscal year.

G-III Apparel Group Company Profile

G-III Apparel Group, Ltd. is a global fashion company engaged in the design, sourcing, marketing and distribution of women's and men's apparel, outerwear, footwear, handbags and fashion accessories. Founded in 1956 and headquartered in New York City, the company has grown from an importer of ladies' apparel into a diversified apparel business with a portfolio of owned and licensed brands.

The company's product offerings span a broad spectrum of price points and styles, including formal and casual outerwear, sportswear, performance wear and contemporary fashion.

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