Hound Partners LLC Raises Position in G-III Apparel Group, LTD. $GIII

Hound Partners LLC boosted its position in shares of G-III Apparel Group, LTD. (NASDAQ:GIII) by 280.0% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 478,909 shares of the textile maker’s stock after buying an additional 352,869 shares during the period. G-III Apparel Group accounts for about 1.6% of Hound Partners LLC’s portfolio, making the stock its 15th largest holding. Hound Partners LLC owned 1.13% of G-III Apparel Group worth $12,744,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. EverSource Wealth Advisors LLC lifted its position in shares of G-III Apparel Group by 105.2% in the third quarter. EverSource Wealth Advisors LLC now owns 1,153 shares of the textile maker’s stock valued at $31,000 after acquiring an additional 591 shares in the last quarter. Federated Hermes Inc. purchased a new stake in shares of G-III Apparel Group during the third quarter worth approximately $40,000. Raymond James Financial Inc. acquired a new position in G-III Apparel Group in the 2nd quarter valued at $41,000. Strs Ohio acquired a new position in G-III Apparel Group in the 1st quarter valued at $77,000. Finally, Traub Capital Management LLC purchased a new position in G-III Apparel Group in the 2nd quarter valued at $67,000. Institutional investors and hedge funds own 92.13% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have issued reports on the stock. Telsey Advisory Group reaffirmed a “market perform” rating and set a $29.00 target price (down from $34.00) on shares of G-III Apparel Group in a research note on Monday, March 9th. KeyCorp reiterated an “overweight” rating and issued a $35.00 target price (up from $33.00) on shares of G-III Apparel Group in a research report on Wednesday, December 10th. Weiss Ratings restated a “hold (c+)” rating on shares of G-III Apparel Group in a research report on Friday, January 9th. BTIG Research reaffirmed a “buy” rating on shares of G-III Apparel Group in a research note on Thursday. Finally, UBS Group cut their price objective on shares of G-III Apparel Group from $32.00 to $30.00 and set a “neutral” rating for the company in a report on Tuesday, March 3rd. Two analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $29.80.

G-III Apparel Group Stock Up 0.7%

Shares of NASDAQ:GIII opened at $26.38 on Monday. G-III Apparel Group, LTD. has a 52-week low of $20.33 and a 52-week high of $34.83. The stock has a market cap of $1.11 billion, a P/E ratio of 17.59 and a beta of 1.29. The business has a fifty day moving average of $29.88 and a two-hundred day moving average of $28.78.

G-III Apparel Group (NASDAQ:GIII) last posted its quarterly earnings results on Thursday, March 12th. The textile maker reported $0.30 EPS for the quarter, missing the consensus estimate 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 company had revenue of $771.49 million for the quarter, compared to analysts’ expectations of $791.98 million. During the same quarter in the prior year, the firm earned $1.27 EPS. The firm’s revenue was down 8.1% on a year-over-year basis. 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 anticipate that G-III Apparel Group, LTD. will post 4.16 earnings per share for the current year.

G-III Apparel Group Announces Dividend

The company also recently announced 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 is Monday, March 23rd. G-III Apparel Group’s payout ratio is presently 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.