Corient Private Wealth LP Purchases New Shares in The Gap, Inc. $GAP

Key Points

• Corient Private Wealth LP acquired 83,915 Gap shares worth approximately $1.57 million during the second quarter. Institutional investors and hedge funds now own 58.81% of the company.
• Gap exceeded quarterly EPS expectations with $0.52 versus $0.48 forecast, but revenue fell 2% year over year to $3.65 billion. The company maintained fiscal 2026 EPS guidance of $2.35–$2.45 and declared a quarterly dividend of $0.175, yielding about 3.1% annually.
• Analyst sentiment remains cautious, with an average “Hold” rating and a $27.36 price target, despite several firms raising targets. Gap’s planned GapBag handbag launch for fall 2026 offers a potential growth opportunity beyond apparel.

Corient Private Wealth LP purchased a new position in The Gap, Inc. (NYSE:GAP - Free Report) during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 83,915 shares of the company's stock, valued at approximately $1,568,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Cullen Frost Bankers Inc. acquired a new position in shares of GAP in the fourth quarter worth about $26,000. Plato Investment Management Ltd acquired a new position in GAP in the 4th quarter worth approximately $28,000. Global Retirement Partners LLC acquired a new position in GAP in the 2nd quarter worth approximately $29,000. Mitsubishi UFJ Asset Management Co. Ltd. purchased a new position in GAP during the 2nd quarter worth approximately $50,000. Finally, Quantbot Technologies LP purchased a new position in GAP during the 2nd quarter worth approximately $73,000. Institutional investors and hedge funds own 58.81% of the company's stock.

Trending Headlines about GAP

Here are the key news stories impacting GAP this week:

• Positive Sentiment: New handbag strategy could expand growth opportunities: Gap is introducing “GapBag” for fall 2026, featuring handbags designed by Reed Krakoff. The move expands the brand into the lucrative accessories market and could increase average customer spending and diversify revenue beyond apparel. Gap introduces GapBag for fall 2026 with handbags by Reed Krakoff
• Positive Sentiment: Momentum factors remain favorable: Zacks highlighted GAP as a strong momentum stock, which may attract technical and quantitative investors after the shares moved above their 50-day average. Why Gap is a strong momentum stock
• Neutral Sentiment: Analyst sentiment is cautious: The Gap received an average “Hold” rating, suggesting Wall Street sees balanced upside and downside rather than a clear catalyst for re-rating. The Gap receives average Hold rating
• Neutral Sentiment: CEO Richard Dickson is scheduled to participate in the Goldman Sachs Global Consumer & Retail Conference on September 14. The event could provide updates on strategy, sales trends and the handbag rollout, but no new financial guidance was announced. Gap to participate in Goldman Sachs conference
• Neutral Sentiment: Gap also announced a New York City youth education partnership with FIT and BroSis. The initiative supports brand goodwill but is unlikely to materially affect near-term earnings. Gap, FIT and BroSis partnership

Analysts Set New Price Targets

A number of analysts have recently issued reports on GAP shares. Morgan Stanley increased their target price on GAP from $21.00 to $23.00 and gave the company an "equal weight" rating in a report on Friday, August 28th. JPMorgan Chase & Co. restated a "neutral" rating and set a $27.00 price objective (down from $35.00) on shares of GAP in a research report on Friday, May 29th. Barclays upped their target price on GAP from $20.00 to $23.00 and gave the company an "equal weight" rating in a report on Friday, August 28th. TD Cowen raised their price target on shares of GAP from $23.00 to $27.00 and gave the stock a "buy" rating in a report on Friday, August 28th. Finally, The Goldman Sachs Group boosted their price objective on shares of GAP from $25.00 to $27.00 and gave the company a "buy" rating in a research report on Monday. Two analysts have rated the stock with a Strong Buy rating, five have given a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, GAP presently has an average rating of "Hold" and an average price target of $27.36.

GAP Price Performance

GAP opened at $22.31 on Friday. The stock has a fifty day moving average price of $20.19 and a 200 day moving average price of $22.69. The company has a current ratio of 1.82, a quick ratio of 1.11 and a debt-to-equity ratio of 0.38. The Gap, Inc. has a 1 year low of $18.11 and a 1 year high of $29.36. The stock has a market cap of $7.84 billion, a price-to-earnings ratio of 6.66, a PEG ratio of 0.94 and a beta of 2.08.

GAP (NYSE:GAP - Get Free Report) last issued its earnings results on Thursday, August 27th. The company reported $0.52 earnings per share for the quarter, topping the consensus estimate of $0.48 by $0.04. GAP had a return on equity of 19.72% and a net margin of 8.14%.The company had revenue of $3.65 billion for the quarter, compared to analyst estimates of $3.69 billion. During the same period in the prior year, the firm posted $0.57 EPS. The business's revenue was down 2.0% compared to the same quarter last year. GAP has set its FY 2026 guidance at 2.350-2.450 EPS. Analysts forecast that The Gap, Inc. will post 2.41 EPS for the current fiscal year.

GAP Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 28th. Investors of record on Wednesday, October 7th will be issued a $0.175 dividend. The ex-dividend date is Wednesday, October 7th. This represents a $0.70 dividend on an annualized basis and a yield of 3.1%. GAP's dividend payout ratio is currently 20.90%.

GAP Company 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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