212,674 Shares in The Gap, Inc. $GAP Bought by Hsbc Holdings PLC

Hsbc Holdings PLC bought a new stake in The Gap, Inc. (NYSE:GAP) during the second quarter, Holdings Channel reports. The fund bought 212,674 shares of the company’s stock, valued at approximately $3,904,000.

Other institutional investors have also recently added to or reduced their stakes in the company. Cullen Frost Bankers Inc. acquired a new stake in GAP during the fourth quarter worth about $26,000. Plato Investment Management Ltd acquired a new position in shares of GAP in the 4th quarter valued at about $28,000. Global Retirement Partners LLC purchased a new stake in shares of GAP during the 2nd quarter worth about $29,000. Mitsubishi UFJ Asset Management Co. Ltd. purchased a new stake in shares of GAP during the 2nd quarter worth about $50,000. Finally, Quantbot Technologies LP acquired a new stake in GAP during the 2nd quarter worth approximately $73,000. Hedge funds and other institutional investors own 58.81% of the company’s stock.

GAP Trading Up 12.9%

GAP opened at $23.48 on Friday. The firm’s 50 day moving average is $20.06 and its 200-day moving average is $22.87. The Gap, Inc. has a 52-week low of $18.11 and a 52-week high of $29.36. The company has a quick ratio of 1.08, a current ratio of 1.81 and a debt-to-equity ratio of 0.41. The firm has a market capitalization of $8.45 billion, a P/E ratio of 7.01, a P/E/G ratio of 1.39 and a beta of 2.05.

GAP (NYSE:GAP) last announced its earnings results on Thursday, August 27th. The company reported $0.52 earnings per share for the quarter, beating the consensus estimate of $0.48 by $0.04. The business had revenue of $3.65 billion during the quarter, compared to the consensus estimate of $3.69 billion. GAP had a net margin of 8.14% and a return on equity of 20.05%. The business’s quarterly revenue was down 2.0% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.57 earnings per share. GAP has set its FY 2026 guidance at 2.350-2.450 EPS. Analysts expect that The Gap, Inc. will post 2.38 EPS for the current fiscal year.

GAP Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, October 28th. Stockholders of record on Wednesday, October 7th will be paid a dividend of $0.175 per share. The ex-dividend date is Wednesday, October 7th. This represents a $0.70 annualized dividend and a dividend yield of 3.0%. GAP’s dividend payout ratio (DPR) is currently 20.90%.

Key Headlines Impacting GAP

Here are the key news stories impacting GAP this week:

• Positive Sentiment: Quarterly earnings beat expectations: Adjusted EPS was $0.52, exceeding the $0.48 consensus estimate. Gross margin expanded 20 basis points to 41.4%, helping Gap outperform operating-profit expectations despite weaker sales. Gap names Michael Francis Old Navy CEO as quarterly profit beats estimates
• Positive Sentiment: Profit outlook raised: The company now expects fiscal 2026 EPS of $2.35 to $2.45, above the roughly $2.33 analyst consensus. Management cited continued momentum at the Gap brand, margin discipline and strength at Banana Republic. Gap lifts annual profit forecast on strength of namesake brand
• Positive Sentiment: Old Navy leadership reset: Michael Francis, a retail veteran with experience at Walmart and Target, will become Old Navy’s president and CEO on November 2, replacing Haio Barbeito. Investors appear hopeful that Francis can improve the company’s largest brand. Gap shares jump after Old Navy brings in new CEO to revive brand
• Positive Sentiment: Analyst support increased: TD Cowen and BTIG raised their price targets to $27 and assigned “buy” ratings. Bank of America also raised its target to $27, while Morgan Stanley lifted its target to $23 but retained an “equal weight” rating.
• Neutral Sentiment: Sales remained soft: Second-quarter revenue fell 2% year over year to $3.65 billion, below the $3.69 billion consensus, while comparable sales declined 1%. Full-year revenue guidance of about $15.6 billion is slightly below analyst expectations. Gap Inc. Reports Second Quarter Fiscal 2026 Results
• Negative Sentiment: Brand performance was uneven: Old Navy reported sluggish comparable sales, and Athleta continued to face pressure. The need for a leadership change underscores execution risks even as Gap and Banana Republic show stronger momentum.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on GAP shares. JPMorgan Chase & Co. restated a “neutral” rating and issued a $27.00 price target (down from $35.00) on shares of GAP in a report on Friday, May 29th. The Goldman Sachs Group dropped their price objective on shares of GAP from $28.00 to $25.00 and set a “buy” rating for the company in a research report on Thursday, August 20th. BTIG Research raised their target price on shares of GAP from $26.00 to $27.00 and gave the company a “buy” rating in a research note on Friday. Jefferies Financial Group lowered shares of GAP from a “buy” rating to a “hold” rating and reduced their target price for the company from $29.00 to $23.00 in a report on Wednesday, August 12th. Finally, TD Cowen upped their price target on shares of GAP from $23.00 to $27.00 and gave the stock a “buy” rating in a research report on Friday. Two analysts have rated the stock with a Strong Buy rating, five have assigned a Buy rating, ten have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $27.21.

About GAP

Gap Inc is a global specialty retailer renowned for its portfolio of apparel and accessories brands, including Gap, Banana Republic, Old Navy and Athleta. The company designs, sources and markets clothing across a broad price range and style spectrum, catering to men, women and children. Its offerings extend from everyday wardrobe essentials such as denim, tees and outerwear to performance and lifestyle pieces, reflecting each brand’s distinct identity and price point.

Founded in San Francisco in 1969 by Donald and Doris Fisher, Gap Inc has grown into one of the world’s largest apparel companies.