CSM Advisors LLC Purchases 24,730 Shares of G-III Apparel Group, LTD. $GIII

CSM Advisors LLC increased its holdings in G-III Apparel Group, LTD. (NASDAQ:GIII) by 14.1% in the third quarter, Holdings Channel reports. The fund owned 200,545 shares of the textile maker’s stock after purchasing an additional 24,730 shares during the quarter. CSM Advisors LLC’s holdings in G-III Apparel Group were worth $5,336,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in GIII. Intech Investment Management LLC raised its holdings in shares of G-III Apparel Group by 6.1% in the 2nd quarter. Intech Investment Management LLC now owns 48,866 shares of the textile maker’s stock valued at $1,095,000 after purchasing an additional 2,790 shares in the last quarter. Exchange Traded Concepts LLC boosted its stake in shares of G-III Apparel Group by 62.8% during the third quarter. Exchange Traded Concepts LLC now owns 86,477 shares of the textile maker’s stock valued at $2,301,000 after purchasing an additional 33,365 shares in the last quarter. LSV Asset Management boosted its stake in shares of 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 valued at $30,448,000 after purchasing an additional 294,732 shares in the last quarter. Jupiter Asset Management Ltd. purchased a new position in G-III Apparel Group during the third quarter valued at approximately $5,878,000. Finally, Cerity Partners LLC bought a new position in G-III Apparel Group in the second quarter worth approximately $9,313,000. 92.13% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on GIII shares. KeyCorp restated an “overweight” rating and set 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 reissued a “buy” rating on shares of G-III Apparel Group in a research report on Thursday. Telsey Advisory Group restated a “market perform” rating and set a $29.00 price objective (down from $34.00) on shares of G-III Apparel Group in a research note on Monday, March 9th. Finally, UBS Group dropped their price objective on 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 equities research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $29.80.

G-III Apparel Group Trading Up 0.7%

Shares of GIII stock opened at $26.38 on Monday. G-III Apparel Group, LTD. has a 12-month low of $20.33 and a 12-month high of $34.83. The business’s fifty day simple moving average is $29.88 and its 200-day simple moving average is $28.78. The company has a market cap of $1.11 billion, a PE ratio of 17.59 and a beta of 1.29.

G-III Apparel Group (NASDAQ:GIII) last posted its quarterly earnings data on Thursday, March 12th. The textile maker reported $0.30 earnings per share for the quarter, missing analysts’ consensus estimates of $0.59 by ($0.29). G-III Apparel Group had a return on equity of 6.73% and a net margin of 2.28%.The business had revenue of $771.49 million during the quarter, compared to analyst estimates of $791.98 million. During the same period in the previous year, the business earned $1.27 EPS. The firm’s revenue for the quarter was down 8.1% compared to the same quarter last year. G-III Apparel Group has set its Q1 2027 guidance at -0.400–0.300 EPS and its FY 2027 guidance at 2.000-2.100 EPS. On average, equities analysts forecast that G-III Apparel Group, LTD. will post 4.16 earnings per share for the current year.

G-III Apparel Group Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 30th. Shareholders of record on Monday, March 23rd will be issued a $0.10 dividend. This represents a $0.40 annualized dividend and a yield of 1.5%. The ex-dividend date of this dividend is Monday, March 23rd. G-III Apparel Group’s dividend payout ratio (DPR) is currently 26.67%.

G-III Apparel Group News Roundup

Here are the key news stories impacting G-III Apparel Group this week:

• Positive Sentiment: Board declared a quarterly cash dividend of $0.10/share (payable Mar 30, record Mar 23), signaling cash return to shareholders and offering limited near-term support. G-III Apparel Group Declares Quarterly Dividend
• Positive Sentiment: Management outlined a FY27 sales target (~$2.71B) and emphasized a strategic shift to owned brands and margin expansion — a longer-term growth/profitability thesis that could support multiple expansion if execution succeeds. G-III outlines $2.71B FY27 sales target amid strategic shift to owned brands and margin expansion
• Neutral Sentiment: Company published Q4/FY26 results and the FY27 outlook in a press release; full filings and call transcript provide detail for investors to model the new FY27 assumptions. G-III Apparel Group, Ltd. Reports Fourth Quarter and Full Year Fiscal 2026 Results; Provides Fiscal 2027 Outlook
• Neutral Sentiment: Full earnings call / transcript items are available for investors who want management’s color on results, the strategic plan and the impacts from licensing exits and retailer bankruptcies. G-III Apparel Group, Ltd. (GIII) Q4 2026 Earnings Call Transcript
• Negative Sentiment: Q4 EPS of $0.30 missed consensus (~$0.59) and revenue of $771.5M missed estimates; revenue fell ~8.1% y/y — a clear near-term earnings catalyst that pressured the stock. GIII Stock Falls 11% After Q4 Earnings Miss Estimates & Sales Dip Y/Y
• Negative Sentiment: FY27 EPS guidance of $2.00–2.10 and Q1 guide of -$0.40 to -$0.30 came in well below analyst expectations — the guidance cut is the primary reason for the sharp share decline as it implies slower near-term earnings recovery. Why G-III Apparel Group (GIII) Is Down 13.2% After Cutting Sales Outlook But Guiding Higher Profit
• Negative Sentiment: Disruption from Saks’ global bankruptcy and the planned exits of certain licensing relationships hurt comparable sales and inventory flow in Q4, aggravating the miss and creating nearer-term uncertainty. G-III Bitten by Saks Global Bankruptcy in the Fourth Quarter

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.