Gildan Activewear, Inc. $GIL Holdings Increased by Willis Investment Counsel

Key Points

• Willis Investment Counsel increased its stake in Gildan by 48.5%, adding 25,451 shares to hold 77,968 shares valued at about $4.87 million, and institutional investors now own 82.83% of the stock.
• Gildan reported quarterly EPS of $0.96, missing estimates of $1.31, while revenue rose 31.1% to $1.08 billion and the company set FY 2026 guidance of $4.20–$4.40 EPS.
• Analysts are broadly positive—with a consensus rating of Moderate Buy, 13 Buy ratings and a consensus target price of $80.08—and several firms have recently raised price targets into the high $70s.

Willis Investment Counsel grew its stake in shares of Gildan Activewear, Inc. (NYSE:GIL - Free Report) TSE: GIL by 48.5% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 77,968 shares of the textile maker's stock after buying an additional 25,451 shares during the quarter. Willis Investment Counsel's holdings in Gildan Activewear were worth $4,870,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Maseco LLP bought a new stake in shares of Gildan Activewear during the 4th quarter worth about $33,000. Azzad Asset Management Inc. ADV raised its position in shares of Gildan Activewear by 1.5% during the 4th quarter. Azzad Asset Management Inc. ADV now owns 63,288 shares of the textile maker's stock worth $3,953,000 after buying an additional 959 shares in the last quarter. Sound Income Strategies LLC bought a new stake in shares of Gildan Activewear during the 4th quarter worth about $53,000. Blue Trust Inc. grew its stake in shares of Gildan Activewear by 16.1% in the 4th quarter. Blue Trust Inc. now owns 2,634 shares of the textile maker's stock worth $165,000 after purchasing an additional 366 shares during the last quarter. Finally, Nisa Investment Advisors LLC acquired a new position in shares of Gildan Activewear in the 4th quarter worth approximately $32,000. 82.83% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on GIL shares. BMO Capital Markets lifted their price objective on shares of Gildan Activewear from $70.00 to $78.00 and gave the stock an "outperform" rating in a research note on Monday, January 26th. Stifel Nicolaus lifted their price objective on shares of Gildan Activewear from $75.00 to $80.00 and gave the stock a "buy" rating in a research note on Monday, February 23rd. TD Securities reaffirmed a "buy" rating and issued a $77.00 price objective on shares of Gildan Activewear in a research note on Tuesday, January 27th. Canadian Imperial Bank of Commerce reaffirmed an "outperform" rating and issued a $79.00 price objective on shares of Gildan Activewear in a research note on Friday, February 20th. Finally, Royal Bank Of Canada lowered their price objective on shares of Gildan Activewear from $79.00 to $78.00 and set an "outperform" rating on the stock in a research note on Monday, March 2nd. Thirteen investment analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus target price of $80.08.

Gildan Activewear Stock Performance

Gildan Activewear stock opened at $57.55 on Thursday. The firm's 50 day simple moving average is $63.80 and its 200-day simple moving average is $61.55. The company has a market cap of $10.66 billion, a P/E ratio of 21.97 and a beta of 1.13. The company has a debt-to-equity ratio of 1.16, a current ratio of 2.11 and a quick ratio of 1.05. Gildan Activewear, Inc. has a fifty-two week low of $37.16 and a fifty-two week high of $73.69.

Gildan Activewear (NYSE:GIL - Get Free Report) TSE: GIL last released its earnings results on Thursday, February 26th. The textile maker reported $0.96 earnings per share for the quarter, missing the consensus estimate of $1.31 by ($0.35). The firm had revenue of $1.08 billion during the quarter, compared to analysts' expectations of $1.01 billion. Gildan Activewear had a return on equity of 27.32% and a net margin of 11.02%.The business's revenue was up 31.1% on a year-over-year basis. During the same period last year, the business earned $0.83 earnings per share. Gildan Activewear has set its FY 2026 guidance at 4.200-4.400 EPS. As a group, equities research analysts predict that Gildan Activewear, Inc. will post 3.48 EPS for the current year.

Gildan Activewear Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, April 13th. Stockholders of record on Thursday, March 19th will be given a $0.249 dividend. This represents a $1.00 annualized dividend and a dividend yield of 1.7%. This is an increase from Gildan Activewear's previous quarterly dividend of $0.23. The ex-dividend date of this dividend is Thursday, March 19th. Gildan Activewear's payout ratio is 38.17%.

Gildan Activewear Profile

Gildan Activewear Inc NYSE: GIL is a vertically integrated manufacturer and wholesaler of branded basic apparel, including activewear, socks, hosiery and underwear. Headquartered in Montreal, Quebec, the company produces a wide range of products such as T-shirts, fleece garments, sport shirts, performance wear, and shapewear under its Gildan, Anvil, Comfort Colors, Gold Toe, Peds and Silks brands. Leveraging its in-house knitting, dyeing, cut-and-sew and finishing operations, Gildan supplies blank apparel to screen printers, promotional product distributors and major retailers around the world.

Since its founding in 1984 by Glenn J.

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