Quantbot Technologies LP Sells 74,537 Shares of Gildan Activewear, Inc. $GIL

Key Points

• Quantbot Technologies cut its stake in Gildan Activewear by 72.9%, selling 74,537 shares in Q3 and retaining 27,764 shares worth about $1.605M per its 13F filing.
• Gildan reported Q results showing revenue of $1.08B (up 31.1% YoY) but missed EPS at $0.96 versus a $1.31 estimate, and set FY2026 guidance of $4.20–4.40 EPS.
• The company raised its quarterly dividend to $0.249 (annualized $1.00, ~1.5% yield), institutional investors own about 82.83% of shares, and analysts have a consensus “Moderate Buy” target of $80.08.

Quantbot Technologies LP lessened its position in Gildan Activewear, Inc. (NYSE:GIL - Free Report) TSE: GIL by 72.9% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 27,764 shares of the textile maker's stock after selling 74,537 shares during the period. Quantbot Technologies LP's holdings in Gildan Activewear were worth $1,605,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Vanguard Group Inc. raised its holdings in Gildan Activewear by 0.6% in the 3rd quarter. Vanguard Group Inc. now owns 6,005,233 shares of the textile maker's stock worth $346,928,000 after acquiring an additional 32,917 shares during the last quarter. Mackenzie Financial Corp raised its stake in shares of Gildan Activewear by 61.9% in the second quarter. Mackenzie Financial Corp now owns 4,434,020 shares of the textile maker's stock worth $218,622,000 after purchasing an additional 1,695,329 shares during the last quarter. The Manufacturers Life Insurance Company raised its stake in shares of Gildan Activewear by 24.3% in the second quarter. The Manufacturers Life Insurance Company now owns 3,678,451 shares of the textile maker's stock worth $180,305,000 after purchasing an additional 718,896 shares during the last quarter. Norges Bank bought a new position in shares of Gildan Activewear during the second quarter valued at $101,409,000. Finally, Goldman Sachs Group Inc. boosted its position in shares of 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 buying an additional 503,359 shares during the last quarter. Hedge funds and other institutional investors own 82.83% of the company's stock.

Gildan Activewear Trading Up 0.5%

NYSE:GIL opened at $67.19 on Thursday. Gildan Activewear, Inc. has a one year low of $37.16 and a one year high of $73.69. The business has a fifty day moving average price of $66.90 and a 200-day moving average price of $61.04. The firm has a market capitalization of $12.44 billion, a price-to-earnings ratio of 25.65 and a beta of 1.05. 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 (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). Gildan Activewear had a net margin of 11.02% and a return on equity of 27.32%. The company had revenue of $1.08 billion for the quarter, compared to analysts' expectations of $1.01 billion. During the same quarter last year, the firm posted $0.83 earnings per share. Gildan Activewear's revenue for the quarter was up 31.1% on a year-over-year basis. Gildan Activewear has set its FY 2026 guidance at 4.200-4.400 EPS. Sell-side analysts forecast that Gildan Activewear, Inc. will post 3.48 EPS for the current year.

Gildan Activewear Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, April 13th. Investors of record on Thursday, March 19th will be paid a dividend of $0.249 per share. This is a boost from Gildan Activewear's previous quarterly dividend of $0.23. The ex-dividend date is Thursday, March 19th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 1.5%. Gildan Activewear's dividend payout ratio is presently 34.35%.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on GIL shares. Canadian Imperial Bank of Commerce reissued an "outperform" rating and issued a $79.00 target price on shares of Gildan Activewear in a research report on Friday, February 20th. BMO Capital Markets boosted their price objective on shares of Gildan Activewear from $70.00 to $78.00 and gave the company an "outperform" rating in a report on Monday, January 26th. 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 report on Monday. National Bank Financial lifted their target price on shares of Gildan Activewear from $92.00 to $97.00 and gave the stock an "outperform" rating in a research report on Monday, February 2nd. Finally, TD Securities reissued a "buy" rating and set a $77.00 price target on shares of Gildan Activewear in a report on Tuesday, January 27th. Thirteen research 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 data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $80.08.

Gildan Activewear Company 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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