71,464 Shares in The Gap, Inc. $GAP Bought by Quantbot Technologies LP

Key Points

• Quantbot Technologies LP invested approximately $1.47 million in The Gap, Inc., acquiring 71,464 shares in the first quarter of the year.
• The company reported $3.46 billion in revenue for the last quarter, exceeding analysts' expectations of $3.41 billion, and achieved $0.51 earnings per share, beating consensus estimates.
• GAP has declared a quarterly dividend of $0.165, translating to an annual yield of 3.1%, with a payout ratio currently at 28.57%.

Quantbot Technologies LP acquired a new position in shares of The Gap, Inc. (NYSE:GAP - Free Report) during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 71,464 shares of the company's stock, valued at approximately $1,473,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in GAP. Bank of New York Mellon Corp acquired a new position in GAP during the first quarter worth $56,763,000. LSV Asset Management acquired a new position in shares of GAP in the 1st quarter valued at $32,655,000. Rhumbline Advisers acquired a new position in shares of GAP in the 1st quarter valued at $12,210,000. Hennessy Advisors Inc. acquired a new position in shares of GAP in the 1st quarter valued at $7,422,000. Finally, New York State Teachers Retirement System acquired a new position in shares of GAP in the 1st quarter valued at $5,065,000. Institutional investors and hedge funds own 58.81% of the company's stock.

GAP Stock Up 3.6%

NYSE GAP traded up $0.79 during trading hours on Wednesday, hitting $22.37. 7,781,342 shares of the company were exchanged, compared to its average volume of 8,886,974. The company has a 50 day moving average of $21.03 and a two-hundred day moving average of $21.73. The company has a quick ratio of 0.98, a current ratio of 1.71 and a debt-to-equity ratio of 0.45. The Gap, Inc. has a 52-week low of $16.99 and a 52-week high of $29.29. The firm has a market cap of $8.42 billion, a price-to-earnings ratio of 9.68, a PEG ratio of 2.38 and a beta of 2.15.

GAP (NYSE:GAP - Get Free Report) last released its quarterly earnings data on Thursday, May 29th. The company reported $0.51 EPS for the quarter, beating analysts' consensus estimates of $0.44 by $0.07. The business had revenue of $3.46 billion for the quarter, compared to the consensus estimate of $3.41 billion. GAP had a return on equity of 27.86% and a net margin of 5.80%.The business's revenue for the quarter was up 2.2% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.41 EPS. GAP has set its FY 2025 guidance at EPS. Q2 2025 guidance at EPS. Equities research analysts anticipate that The Gap, Inc. will post 2.02 earnings per share for the current year.

GAP Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 29th. Shareholders of record on Wednesday, October 8th will be issued a dividend of $0.165 per share. The ex-dividend date of this dividend is Wednesday, October 8th. This represents a $0.66 dividend on an annualized basis and a yield of 3.0%. GAP's dividend payout ratio (DPR) is presently 28.57%.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on the company. Bank of America decreased their price target on GAP from $25.00 to $21.00 and set a "neutral" rating on the stock in a research note on Tuesday, August 19th. Jefferies Financial Group reaffirmed a "hold" rating and issued a $29.00 price target (up previously from $26.00) on shares of GAP in a research note on Wednesday, May 21st. Telsey Advisory Group reaffirmed a "market perform" rating and issued a $26.00 price target on shares of GAP in a research note on Monday. The Goldman Sachs Group decreased their price target on GAP from $28.00 to $26.00 and set a "buy" rating on the stock in a research note on Tuesday, July 22nd. Finally, Barclays lowered GAP from an "overweight" rating to an "equal weight" rating and decreased their price target for the company from $24.00 to $19.00 in a research note on Friday, August 22nd. Six research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Hold" and an average target price of $25.73.

About GAP

Gap, Inc operates as a global apparel retail company, which offers clothing, apparel, accessories, and personal care products for men, women, and children. The firm operates through the following segments: Gap Global, Old Navy Global, Banana Republic Global, Athleta, and Other. The Gap Global segment includes apparel and accessories for men and women under the Gap brand, along with the GapKids, BabyGap, GapMaternity, GapBody, and GapFit collections.