Medina Value Partners LLC increased its holdings in shares of G-III Apparel Group, LTD. (NASDAQ:GIII – Free Report) by 1,099.7% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 682,090 shares of the textile maker’s stock after buying an additional 625,237 shares during the period. G-III Apparel Group comprises approximately 4.2% of Medina Value Partners LLC’s investment portfolio, making the stock its 13th largest holding. Medina Value Partners LLC’s holdings in G-III Apparel Group were worth $18,150,000 as of its most recent SEC filing.
Other institutional investors have also recently bought and sold shares of the company. Intech Investment Management LLC grew its holdings in G-III Apparel Group by 6.1% during the 2nd quarter. Intech Investment Management LLC now owns 48,866 shares of the textile maker’s stock worth $1,095,000 after acquiring an additional 2,790 shares in the last quarter. Exchange Traded Concepts LLC boosted its stake in G-III Apparel Group by 62.8% in the 3rd quarter. Exchange Traded Concepts LLC now owns 86,477 shares of the textile maker’s stock worth $2,301,000 after purchasing an additional 33,365 shares during the period. LSV Asset Management increased its stake in G-III Apparel Group by 34.7% during the third quarter. LSV Asset Management now owns 1,144,233 shares of the textile maker’s stock worth $30,448,000 after acquiring an additional 294,732 shares during the last quarter. Jupiter Asset Management Ltd. purchased a new stake in G-III Apparel Group during the 3rd quarter valued at $5,878,000. Finally, Cerity Partners LLC purchased a new position in G-III Apparel Group in the 2nd quarter valued at approximately $9,313,000. Institutional investors and hedge funds own 92.13% of the company’s stock.
G-III Apparel Group Stock Performance
NASDAQ GIII opened at $25.69 on Friday. G-III Apparel Group, LTD. has a fifty-two week low of $20.33 and a fifty-two week high of $34.83. The stock has a 50 day simple moving average of $29.95 and a two-hundred day simple moving average of $28.75. The stock has a market cap of $1.08 billion, a P/E ratio of 7.71 and a beta of 1.29.
Wall Street Analyst Weigh In
A number of equities analysts recently issued reports on the company. Telsey Advisory Group reiterated a “market perform” rating and issued a $29.00 target price (down from $34.00) on shares of G-III Apparel Group in a report on Monday. KeyCorp reissued an “overweight” rating and issued a $35.00 target price (up from $33.00) on shares of G-III Apparel Group in a report on Wednesday, December 10th. Weiss Ratings reiterated a “hold (c+)” rating on shares of G-III Apparel Group in a report on Friday, January 9th. BTIG Research reaffirmed a “buy” rating on shares of G-III Apparel Group in a report on Thursday. Finally, UBS Group reduced their price target on shares of G-III Apparel Group from $32.00 to $30.00 and set a “neutral” rating on the stock in a research report on Tuesday, March 3rd. Two research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $29.80.
Get Our Latest Research Report on G-III Apparel Group
G-III Apparel Group News Summary
Here are the key news stories impacting G-III Apparel Group this week:
- Positive Sentiment: Board declared a quarterly cash dividend of $0.10 per share payable March 30, 2026 — modest income support for shareholders. G-III Apparel Group Declares Quarterly Dividend
- Neutral Sentiment: Full Q4 earnings call transcript is available for investors wanting detail on management commentary, channel performance and cost actions. Q4 2026 Earnings Call Transcript
- Neutral Sentiment: Company press release with Q4/FY results and FY2027 outlook published (useful primary source for guidance and results). Q4 and FY2026 Results & Outlook
- Negative Sentiment: Q4 results missed estimates: EPS $0.30 vs. $0.59 expected and revenue $771.5M vs. $792M expected; revenue down ~8% YoY. This EPS shortfall and weaker margins pressured the stock. Shares Drop After Earnings Miss
- Negative Sentiment: Management cut guidance: FY2027 EPS guided to $2.00–$2.10 (consensus ~$2.99) and Q1 EPS guided to -$0.40–-0.30 (consensus ~$0.02). The big gap to Street estimates is the primary driver of the share decline. Guidance in Company Release
- Negative Sentiment: Retail partner disruption: G-III cited impact from Saks Global bankruptcy in Q4, signaling channel-specific receivables/inventory risks that further weighed on results. Saks Global Bankruptcy Impact
G-III Apparel Group Company Profile
G-III Apparel Group, Ltd. is a global fashion company engaged in the design, sourcing, marketing and distribution of women’s and men’s apparel, outerwear, footwear, handbags and fashion accessories. Founded in 1956 and headquartered in New York City, the company has grown from an importer of ladies’ apparel into a diversified apparel business with a portfolio of owned and licensed brands.
The company’s product offerings span a broad spectrum of price points and styles, including formal and casual outerwear, sportswear, performance wear and contemporary fashion.
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