GAP (NYSE:GAP) Cut to “Hold” at Wall Street Zen

Wall Street Zen cut shares of GAP (NYSE:GAP) from a buy rating to a hold rating in a report released on Saturday.

A number of other analysts have also weighed in on the stock. Telsey Advisory Group raised their price objective on shares of GAP from $32.00 to $34.00 and gave the company an “outperform” rating in a research note on Monday, March 2nd. Morgan Stanley upped their price target on GAP from $30.00 to $31.00 and gave the company an “overweight” rating in a report on Friday, November 21st. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of GAP in a research report on Monday, December 29th. Argus upgraded GAP to a “strong-buy” rating in a report on Thursday, January 22nd. Finally, Evercore upped their target price on shares of GAP from $25.00 to $28.00 and gave the company an “outperform” rating in a research note on Friday, November 21st. Two investment analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $30.46.

GAP Trading Down 1.7%

NYSE GAP opened at $22.88 on Friday. GAP has a 12 month low of $16.99 and a 12 month high of $29.36. The stock has a market cap of $8.51 billion, a P/E ratio of 10.64, a P/E/G ratio of 2.43 and a beta of 2.29. The stock’s fifty day moving average price is $27.21 and its 200-day moving average price is $24.99. The company has a current ratio of 1.75, a quick ratio of 1.08 and a debt-to-equity ratio of 0.39.

GAP (NYSE:GAP) last posted its quarterly earnings results on Thursday, March 5th. The company reported $0.45 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.45. The firm had revenue of $4.24 billion during the quarter, compared to analyst estimates of $4.24 billion. GAP had a return on equity of 22.98% and a net margin of 5.31%.GAP’s quarterly revenue was up 2.1% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.54 EPS. GAP has set its FY 2026 guidance at 2.200-2.350 EPS. As a group, equities analysts forecast that GAP will post 2.02 EPS for the current fiscal year.

GAP Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, April 29th. Stockholders of record on Wednesday, April 8th will be paid a $0.175 dividend. This is an increase from GAP’s previous quarterly dividend of $0.17. The ex-dividend date is Wednesday, April 8th. This represents a $0.70 dividend on an annualized basis and a dividend yield of 3.1%. GAP’s dividend payout ratio (DPR) is 30.70%.

Insider Activity at GAP

In other GAP news, insider Julie Gruber sold 30,000 shares of the business’s stock in a transaction dated Wednesday, December 17th. The stock was sold at an average price of $28.00, for a total transaction of $840,000.00. Following the completion of the sale, the insider directly owned 37,395 shares in the company, valued at $1,047,060. The trade was a 44.51% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director William Sydney Fisher sold 11,140 shares of the company’s stock in a transaction dated Friday, December 12th. The shares were sold at an average price of $26.81, for a total transaction of $298,663.40. Following the sale, the director directly owned 2,753,453 shares of the company’s stock, valued at $73,820,074.93. The trade was a 0.40% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 133,971 shares of company stock worth $3,629,264. 31.00% of the stock is owned by insiders.

Hedge Funds Weigh In On GAP

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Cullen Frost Bankers Inc. bought a new stake in GAP during the fourth quarter valued at approximately $26,000. Root Financial Partners LLC bought a new position in GAP in the third quarter worth approximately $27,000. Plato Investment Management Ltd purchased a new position in shares of GAP during the 4th quarter worth $28,000. V Square Quantitative Management LLC bought a new stake in shares of GAP during the 4th quarter valued at $31,000. Finally, Cornerstone Planning Group LLC bought a new stake in shares of GAP during the 3rd quarter valued at $35,000. Hedge funds and other institutional investors own 58.81% of the company’s stock.

GAP Company Profile

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.