1,321,569 Gildan Activewear, Inc. $GIL Shares Sold by Cooke & Bieler LP

Cooke & Bieler LP trimmed its position in Gildan Activewear, Inc. (NYSE:GIL) (TSE:GIL) by 20.3% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 5,200,323 shares of the textile maker’s stock after selling 1,321,569 shares during the quarter. Gildan Activewear accounts for 3.3% of Cooke & Bieler LP’s holdings, making the stock its 2nd largest holding. Cooke & Bieler LP owned 2.81% of Gildan Activewear worth $221,690,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in the company. Caitong International Asset Management Co. Ltd boosted its holdings in shares of Gildan Activewear by 14,833.3% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 448 shares of the textile maker’s stock valued at $28,000 after purchasing an additional 445 shares in the last quarter. Banque Cantonale Vaudoise acquired a new position in shares of Gildan Activewear during the 1st quarter worth $42,000. Hara Capital LLC acquired a new position in shares of Gildan Activewear during the 2nd quarter worth $57,000. Fifth Third Bancorp lifted its position in shares of Gildan Activewear by 16.5% during the 1st quarter. Fifth Third Bancorp now owns 1,355 shares of the textile maker’s stock worth $75,000 after buying an additional 192 shares during the last quarter. Finally, Global Retirement Partners LLC bought a new stake in shares of Gildan Activewear during the 2nd quarter worth $75,000. 82.83% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

GIL has been the topic of several research analyst reports. Stifel Nicolaus set a $83.00 price objective on Gildan Activewear and gave the company a “buy” rating in a research note on Friday, July 31st. Weiss Ratings reiterated a “hold (c)” rating on shares of Gildan Activewear in a research report on Thursday, August 13th. Citigroup reissued a “neutral” rating on shares of Gildan Activewear in a research note on Tuesday, August 4th. Scotia increased their target price on shares of Gildan Activewear from $65.00 to $67.00 and gave the stock a “sector outperform” rating in a report on Friday, July 31st. Finally, UBS Group reduced their price target on shares of Gildan Activewear from $111.00 to $71.00 and set a “buy” rating on the stock in a research note on Thursday, October 15th. Twelve research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $73.58.

Gildan Activewear News Summary

Here are the key news stories impacting Gildan Activewear this week:

• Positive Sentiment: Royal Bank of Canada maintained an “outperform” rating, although it lowered its price target to $70 from $82. The revised target still implies substantial upside from the stock’s recent level. Royal Bank of Canada price-target update
• Neutral Sentiment: Multiple law firms publicized the same pending class action against Gildan. Investors who purchased securities between February 19, 2025, and June 15, 2026, have until December 14, 2026, to seek appointment as lead plaintiff. The repeated announcements largely provide procedural updates rather than new evidence or a new financial charge. Gildan investor deadline announcement
• Negative Sentiment: The lawsuit alleges that Gildan and executives misled investors by using extended payment terms, free freight, and unusually large quarter-end distributor purchases to accelerate sales—a practice described as channel stuffing—and by presenting misleading organic-growth metrics. The allegations reportedly followed an 18.7% stock decline, increasing concerns about potential litigation costs, reputational damage, and the sustainability of reported demand. Gildan channel-stuffing allegations
• Negative Sentiment: The stock is trading near its one-year low and below both its 50-day and 200-day moving averages. The litigation overhang, combined with RBC’s reduced target, is likely weighing more heavily on sentiment than the brokerage’s continued bullish rating.

Gildan Activewear Trading Down 1.5%

GIL opened at $40.29 on Thursday. Gildan Activewear, Inc. has a 1-year low of $39.93 and a 1-year high of $73.69. The company has a current ratio of 1.93, a quick ratio of 1.01 and a debt-to-equity ratio of 1.15. The company has a market cap of $7.46 billion, a P/E ratio of 77.48 and a beta of 1.11. The company has a fifty day moving average price of $47.59 and a two-hundred day moving average price of $53.04.

Gildan Activewear (NYSE:GIL) (TSE:GIL) last released its quarterly earnings results on Thursday, July 30th. The textile maker reported $1.28 EPS for the quarter, beating analysts’ consensus estimates of $1.11 by $0.17. Gildan Activewear had a return on equity of 21.03% and a net margin of 1.28%. The business had revenue of $1.58 billion during the quarter, compared to analyst estimates of $1.61 billion. During the same period in the prior year, the firm posted $0.97 EPS. Gildan Activewear’s quarterly revenue was up 72.3% compared to the same quarter last year. Analysts predict that Gildan Activewear, Inc. will post 4.67 EPS for the current fiscal year.

Gildan Activewear Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, September 14th. Investors of record on Thursday, August 20th were given a $0.2490 dividend. This represents a $1.00 dividend on an annualized basis and a dividend yield of 2.5%. The ex-dividend date was Thursday, August 20th. Gildan Activewear’s dividend payout ratio (DPR) is 190.38%.

Gildan Activewear Profile

Gildan Activewear Inc is a Montreal, Quebec-based apparel manufacturer that produces and sells everyday basic clothing for consumers and businesses. The company’s product portfolio includes activewear, T-shirts, fleece garments, underwear, socks and hosiery, as well as other apparel basics.

Gildan sells products primarily through wholesale distributors and screen printers, who supply decorated apparel to businesses, schools, teams, organizations and retailers. Its portfolio includes the Gildan, American Apparel, Comfort Colors, Gold Toe and Anvil brands.