Intact Investment Management Inc. Has $67.85 Million Position in Gildan Activewear, Inc. $GIL

Intact Investment Management Inc. lowered its position in Gildan Activewear, Inc. (NYSE:GIL - Free Report) TSE: GIL by 5.9% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 1,085,535 shares of the textile maker's stock after selling 68,224 shares during the period. Gildan Activewear accounts for 2.0% of Intact Investment Management Inc.'s portfolio, making the stock its 13th largest holding. Intact Investment Management Inc. owned 0.59% of Gildan Activewear worth $67,848,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Vanguard Group Inc. increased its holdings in Gildan Activewear by 26.0% in the fourth quarter. Vanguard Group Inc. now owns 7,566,962 shares of the textile maker's stock worth $472,964,000 after buying an additional 1,561,729 shares during the last quarter. Mackenzie Financial Corp grew its holdings in Gildan Activewear by 9.6% during the third quarter. Mackenzie Financial Corp now owns 4,858,829 shares of the textile maker's stock valued at $280,639,000 after purchasing an additional 424,809 shares during the last quarter. Lazard Asset Management LLC grew its holdings in Gildan Activewear by 95.2% during the third quarter. Lazard Asset Management LLC now owns 2,799,309 shares of the textile maker's stock valued at $161,749,000 after purchasing an additional 1,364,953 shares during the last quarter. Goldman Sachs Group Inc. grew its holdings in Gildan Activewear by 40.0% during the first quarter. Goldman Sachs Group Inc. now owns 1,760,253 shares of the textile maker's stock valued at $77,838,000 after purchasing an additional 503,359 shares during the last quarter. Finally, Bahl & Gaynor Inc. grew its holdings in Gildan Activewear by 30.4% during the third quarter. Bahl & Gaynor Inc. now owns 1,457,591 shares of the textile maker's stock valued at $84,249,000 after purchasing an additional 339,959 shares during the last quarter. Institutional investors and hedge funds own 82.83% of the company's stock.

Gildan Activewear Stock Down 0.1%

GIL opened at $61.47 on Monday. Gildan Activewear, Inc. has a 1-year low of $46.00 and a 1-year high of $73.69. The company has a current ratio of 2.11, a quick ratio of 1.05 and a debt-to-equity ratio of 1.16. The stock has a market capitalization of $11.38 billion, a price-to-earnings ratio of 36.16 and a beta of 1.10. The business has a 50 day moving average of $60.14 and a 200-day moving average of $61.52.

Gildan Activewear (NYSE:GIL - Get Free Report) TSE: GIL last posted its quarterly earnings data on Thursday, April 30th. The textile maker reported $0.43 earnings per share for the quarter, beating the consensus estimate of $0.36 by $0.07. Gildan Activewear had a return on equity of 24.48% and a net margin of 6.10%.The company had revenue of $1.17 billion during the quarter, compared to analysts' expectations of $1.14 billion. During the same period in the prior year, the business earned $0.59 earnings per share. Gildan Activewear's revenue for the quarter was up 63.8% compared to the same quarter last year. Gildan Activewear has set its FY 2026 guidance at 4.200-4.400 EPS. As a group, sell-side analysts anticipate that Gildan Activewear, Inc. will post 4.26 earnings per share for the current year.

Gildan Activewear Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, June 15th. Stockholders of record on Wednesday, May 20th will be given a $0.249 dividend. This represents a $1.00 annualized dividend and a dividend yield of 1.6%. The ex-dividend date of this dividend is Wednesday, May 20th. Gildan Activewear's dividend payout ratio is currently 58.24%.

Analyst Upgrades and Downgrades

Several brokerages have commented on GIL. TD Securities reiterated a "buy" rating and set a $77.00 price target on shares of Gildan Activewear in a report on Tuesday, January 27th. National Bank Financial increased their price target on Gildan Activewear from $92.00 to $97.00 and gave the company an "outperform" rating in a report on Monday, February 2nd. Canadian Imperial Bank of Commerce reiterated an "outperform" rating and set a $77.00 price target on shares of Gildan Activewear in a report on Friday. Scotiabank increased their price target on Gildan Activewear from $72.00 to $74.00 and gave the company a "sector outperform" rating in a report on Monday, March 2nd. Finally, BMO Capital Markets increased their price target on Gildan Activewear from $70.00 to $78.00 and gave the company an "outperform" rating in a report on Monday, January 26th. Thirteen research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target of $79.92.

Trending Headlines about Gildan Activewear

Here are the key news stories impacting Gildan Activewear this week:

• Positive Sentiment: Q1 results beat expectations — adjusted EPS of $0.43 vs. $0.36 est. and record first‑quarter revenue up ~63.8% year‑over‑year as HanesBrands was fully consolidated; company reiterated full‑year guidance and synergy targets, which supports medium‑term earnings power. Gildan Reports Record First Quarter Revenue and Maintains its Full Year 2026 Guidance
• Positive Sentiment: Company maintained FY‑2026 EPS guidance (4.20–4.40) and revenue range (~$6.0–$6.2B) and reiterated expected synergy run‑rate (~$250M over three years), giving investors a clearer earnings trajectory post‑acquisition. Q1 release and call materials
• Positive Sentiment: Declared a quarterly cash dividend of $0.249/share (ex‑dividend May 20, payable June 15), which supports yield‑seeking demand and signals cash‑flow confidence.
• Neutral Sentiment: Shareholders re‑elected all nine management nominees, approved auditor reappointment, renewed the Shareholder Rights Plan and passed the non‑binding Say‑on‑Pay — governance items passed but litigation risk remains. Gildan Activewear Reports on Shareholders' Voting Results
• Negative Sentiment: Regulatory / litigation overhang: law firms launched a class action alert and a fraud investigation (Levi & Korsinsky) tied to past CEO removal/reinstatement and alleged governance failures — these actions create downside risk, potential legal fees and reputational damage. GIL Shareholder Alert: Gildan Activewear Inc. Class Action Lawsuit - Investors Should Contact Levi & Korsinsky Levi & Korsinsky Launches Fraud Investigation
• Negative Sentiment: GAAP results showed a loss for the quarter (GAAP diluted loss per share $0.30) and adjusted metrics reflect integration and inventory moves; near‑term margins were pressured (operating margin (0.1)% GAAP), which could weigh on sentiment until synergies are realized. Q1 press release: GAAP loss and adjusted metrics

About Gildan Activewear

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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