Caisse de depot et placement du Quebec Invests $8.44 Million in The Gap, Inc. $GAP

Caisse de depot et placement du Quebec acquired a new stake in shares of The Gap, Inc. (NYSE:GAP - Free Report) during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm acquired 452,000 shares of the company's stock, valued at approximately $8,443,000. Caisse de depot et placement du Quebec owned approximately 0.13% of GAP as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of the business. Cullen Frost Bankers Inc. purchased a new stake in GAP during the fourth quarter worth $26,000. Plato Investment Management Ltd purchased a new position in shares of GAP in the 4th quarter valued at $28,000. Global Retirement Partners LLC purchased a new position in shares of GAP in the 2nd quarter valued at $29,000. Mitsubishi UFJ Asset Management Co. Ltd. purchased a new position in shares of GAP in the 2nd quarter valued at $50,000. Finally, Quantbot Technologies LP bought a new position in shares of GAP in the 2nd quarter worth $73,000. 58.81% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

GAP has been the subject of a number of analyst reports. UBS Group upped their price objective on GAP from $40.00 to $42.00 and gave the stock a "buy" rating in a research note on Friday. TD Cowen lifted their target price on GAP from $23.00 to $27.00 and gave the company a "buy" rating in a research note on Friday. BTIG Research boosted their target price on shares of GAP from $26.00 to $27.00 and gave the stock a "buy" rating in a report on Friday. JPMorgan Chase & Co. restated a "neutral" rating and issued a $27.00 price target (down from $35.00) on shares of GAP in a report on Friday, May 29th. Finally, Morgan Stanley lifted their price objective on shares of GAP from $21.00 to $23.00 and gave the stock an "equal weight" rating in a research report on Friday. Two equities research analysts have rated the stock with a Strong Buy rating, five have given a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat, the company currently has an average rating of "Hold" and a consensus price target of $27.21.

GAP Trading Up 12.9%

GAP stock opened at $23.48 on Friday. The company has a debt-to-equity ratio of 0.41, a quick ratio of 1.08 and a current ratio of 1.81. The stock has a market cap of $8.45 billion, a PE ratio of 7.01, a price-to-earnings-growth ratio of 1.39 and a beta of 2.05. The stock has a 50-day moving average of $20.06 and a two-hundred day moving average of $22.87. The Gap, Inc. has a one year low of $18.11 and a one year high of $29.36.

GAP (NYSE:GAP - Get Free Report) last released its earnings results on Thursday, August 27th. The company reported $0.52 EPS for the quarter, topping analysts' consensus estimates 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 20.05%. GAP's revenue for the quarter was down 2.0% on a year-over-year basis. During the same period last year, the business earned $0.57 EPS. GAP has set its FY 2026 guidance at 2.350-2.450 EPS. On average, research analysts anticipate that The Gap, Inc. will post 2.38 EPS for the current fiscal year.

GAP Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 28th. Stockholders of record on Wednesday, October 7th will be paid a dividend of $0.175 per share. This represents a $0.70 annualized dividend and a dividend yield of 3.0%. The ex-dividend date is Wednesday, October 7th. GAP's payout ratio is presently 20.90%.

Trending Headlines about GAP

Here are the key news stories impacting GAP this week:

• Positive Sentiment: Quarterly earnings beat expectations: Adjusted EPS was $0.52, exceeding the $0.48 consensus estimate. Gross margin expanded 20 basis points to 41.4%, helping Gap outperform operating-profit expectations despite weaker sales. Gap names Michael Francis Old Navy CEO as quarterly profit beats estimates
• Positive Sentiment: Profit outlook raised: The company now expects fiscal 2026 EPS of $2.35 to $2.45, above the roughly $2.33 analyst consensus. Management cited continued momentum at the Gap brand, margin discipline and strength at Banana Republic. Gap lifts annual profit forecast on strength of namesake brand
• Positive Sentiment: Old Navy leadership reset: Michael Francis, a retail veteran with experience at Walmart and Target, will become Old Navy’s president and CEO on November 2, replacing Haio Barbeito. Investors appear hopeful that Francis can improve the company’s largest brand. Gap shares jump after Old Navy brings in new CEO to revive brand
• Positive Sentiment: Analyst support increased: TD Cowen and BTIG raised their price targets to $27 and assigned “buy” ratings. Bank of America also raised its target to $27, while Morgan Stanley lifted its target to $23 but retained an “equal weight” rating.
• Neutral Sentiment: Sales remained soft: Second-quarter revenue fell 2% year over year to $3.65 billion, below the $3.69 billion consensus, while comparable sales declined 1%. Full-year revenue guidance of about $15.6 billion is slightly below analyst expectations. Gap Inc. Reports Second Quarter Fiscal 2026 Results
• Negative Sentiment: Brand performance was uneven: Old Navy reported sluggish comparable sales, and Athleta continued to face pressure. The need for a leadership change underscores execution risks even as Gap and Banana Republic show stronger momentum.

GAP Profile

Gap Inc is a global specialty retailer renowned for its portfolio of apparel and accessories brands, including Gap, Banana Republic, Old Navy and Athleta. The company designs, sources and markets clothing across a broad price range and style spectrum, catering to men, women and children. Its offerings extend from everyday wardrobe essentials such as denim, tees and outerwear to performance and lifestyle pieces, reflecting each brand's distinct identity and price point.

Founded in San Francisco in 1969 by Donald and Doris Fisher, Gap Inc has grown into one of the world's largest apparel companies.

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