The Gap, Inc. $GAP Holdings Increased by UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its stake in The Gap, Inc. (NYSE:GAP) by 5.1% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 720,170 shares of the company’s stock after acquiring an additional 35,103 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC’s holdings in GAP were worth $13,453,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in GAP. Amundi bought a new stake in GAP during the first quarter worth approximately $259,000. EverSource Wealth Advisors LLC boosted its stake in GAP by 177.0% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 7,016 shares of the company’s stock valued at $153,000 after purchasing an additional 4,483 shares in the last quarter. Jump Financial LLC acquired a new position in shares of GAP during the 2nd quarter valued at $612,000. California State Teachers Retirement System raised its stake in shares of GAP by 0.8% in the 2nd quarter. California State Teachers Retirement System now owns 226,506 shares of the company’s stock worth $4,940,000 after buying an additional 1,703 shares in the last quarter. Finally, Ameriprise Financial Inc. raised its stake in shares of GAP by 42.7% in the 2nd quarter. Ameriprise Financial Inc. now owns 4,407,809 shares of the company’s stock worth $96,134,000 after buying an additional 1,318,322 shares in the last quarter. 58.81% of the stock is currently owned by institutional investors.

GAP Stock Performance

GAP stock opened at $22.43 on Friday. The Gap, Inc. has a fifty-two week low of $18.11 and a fifty-two week high of $29.36. The firm’s 50 day simple moving average is $20.24 and its 200-day simple moving average is $22.69. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.82 and a quick ratio of 1.11. The company has a market cap of $7.88 billion, a P/E ratio of 6.70, a price-to-earnings-growth ratio of 0.95 and a beta of 2.08.

GAP (NYSE:GAP) last released its earnings results on Thursday, August 27th. The company reported $0.52 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.48 by $0.04. The company had revenue of $3.65 billion during the quarter, compared to analyst estimates of $3.69 billion. GAP had a return on equity of 19.72% and a net margin of 8.14%.The company’s revenue for the quarter was down 2.0% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.57 earnings per share. GAP has set its FY 2026 guidance at 2.350-2.450 EPS. As a group, equities research analysts predict that The Gap, Inc. will post 2.41 EPS for the current year.

GAP Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, October 28th. Shareholders of record on Wednesday, October 7th will be paid a dividend of $0.175 per share. This represents a $0.70 annualized dividend and a yield of 3.1%. The ex-dividend date of this dividend is Wednesday, October 7th. GAP’s payout ratio is 20.90%.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on GAP shares. Wells Fargo & Company raised their target price on GAP from $22.00 to $23.00 and gave the company a “cautious” rating in a research note on Friday, August 28th. Bank of America upped their price target on shares of GAP from $26.00 to $27.00 and gave the company a “neutral” rating in a report on Friday, August 28th. Evercore set a $20.00 price objective on shares of GAP and gave the company an “in-line” rating in a research report on Friday, May 29th. Jefferies Financial Group cut shares of GAP from a “buy” rating to a “hold” rating and lowered their price objective for the stock from $29.00 to $23.00 in a research note on Wednesday, August 12th. Finally, The Goldman Sachs Group boosted their target price on shares of GAP from $25.00 to $27.00 and gave the stock a “buy” rating in a report on Monday, August 31st. Two research analysts have rated the stock with a Strong Buy rating, five have given a Buy rating, ten have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $27.36.

GAP 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.