Louisbourg Investments Inc. Sells 33,235 Shares of Gildan Activewear, Inc. $GIL

Key Points

• Louisbourg Investments reduced its stake in Gildan Activewear by 18.5% in the 4th quarter, selling 33,235 shares and now holding 145,996 shares (about 0.08% of Gildan) valued at roughly $9.14 million, making Gildan ~1.7% of Louisbourg’s portfolio.
• Gildan’s quarterly results showed an EPS miss of $0.96 versus $1.31 expected while revenue beat at $1.08 billion (up 31.1% YoY), and the company set FY2026 guidance of $4.20–$4.40 EPS.
• Analyst sentiment is largely positive—13 Buys, 2 Holds and 1 Sell—with a MarketBeat consensus of "Moderate Buy" and a $80.08 target price versus the stock trading around $54.45, indicating sizable implied upside.

Louisbourg Investments Inc. lowered its stake in Gildan Activewear, Inc. (NYSE:GIL - Free Report) TSE: GIL by 18.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 145,996 shares of the textile maker's stock after selling 33,235 shares during the period. Gildan Activewear makes up approximately 1.7% of Louisbourg Investments Inc.'s holdings, making the stock its 11th largest holding. Louisbourg Investments Inc. owned about 0.08% of Gildan Activewear worth $9,138,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. AQR Capital Management LLC grew its position in Gildan Activewear by 49.3% during the 1st quarter. AQR Capital Management LLC now owns 13,209 shares of the textile maker's stock worth $584,000 after acquiring an additional 4,360 shares during the last quarter. Goldman Sachs Group Inc. lifted its position in Gildan Activewear by 40.0% in 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. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in Gildan Activewear by 2.6% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 186,585 shares of the textile maker's stock valued at $8,251,000 after purchasing an additional 4,714 shares during the last quarter. Cetera Investment Advisers boosted its stake in shares of Gildan Activewear by 2.1% during the second quarter. Cetera Investment Advisers now owns 12,510 shares of the textile maker's stock valued at $616,000 after purchasing an additional 259 shares during the period. Finally, American Century Companies Inc. boosted its stake in shares of Gildan Activewear by 11.8% during the second quarter. American Century Companies Inc. now owns 192,691 shares of the textile maker's stock valued at $9,494,000 after purchasing an additional 20,386 shares during the period. Institutional investors own 82.83% of the company's stock.

Wall Street Analyst Weigh In

Several research analysts recently commented on the stock. Canadian Imperial Bank of Commerce reaffirmed an "outperform" rating and issued a $79.00 target price on shares of Gildan Activewear in a research note on Friday, February 20th. BMO Capital Markets increased their price target on shares of Gildan Activewear from $70.00 to $78.00 and gave the company an "outperform" rating in a research report on Monday, January 26th. Stifel Nicolaus raised their price target on shares of Gildan Activewear from $75.00 to $80.00 and gave the stock a "buy" rating in a report on Monday, February 23rd. Scotiabank boosted their price objective on shares of Gildan Activewear from $72.00 to $74.00 and gave the company a "sector outperform" rating in a research report on Monday, March 2nd. Finally, Zacks Research downgraded shares of Gildan Activewear from a "hold" rating to a "strong sell" rating in a research note on Monday, February 23rd. Thirteen analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $80.08.

Gildan Activewear Price Performance

GIL opened at $54.45 on Friday. The company has a debt-to-equity ratio of 1.16, a quick ratio of 1.05 and a current ratio of 2.11. The stock has a market capitalization of $10.08 billion, a PE ratio of 20.78 and a beta of 1.13. The stock's 50 day moving average price is $64.70 and its 200-day moving average price is $61.49. Gildan Activewear, Inc. has a 52-week low of $37.16 and a 52-week high of $73.69.

Gildan Activewear (NYSE:GIL - Get Free Report) TSE: GIL last announced its quarterly earnings results on Thursday, February 26th. The textile maker reported $0.96 EPS for the quarter, missing analysts' consensus estimates of $1.31 by ($0.35). The business 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% compared to the same quarter last year. During the same period in the previous year, the business earned $0.83 EPS. Gildan Activewear has set its FY 2026 guidance at 4.200-4.400 EPS. On average, equities research analysts predict that Gildan Activewear, Inc. will post 3.48 EPS for the current year.

Gildan Activewear Increases Dividend

The business 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. The ex-dividend date of this dividend is Thursday, March 19th. This represents a $1.00 annualized dividend and a dividend yield of 1.8%. This is a positive change from Gildan Activewear's previous quarterly dividend of $0.23. Gildan Activewear's dividend payout ratio is 38.17%.

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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