Callan Family Office LLC Makes New $651,000 Investment in The Gap, Inc. $GAP

Callan Family Office LLC purchased a new stake in shares of The Gap, Inc. (NYSE:GAP) during the 2nd quarter, according to the company in its most recent filing with the SEC. The fund purchased 34,859 shares of the company’s stock, valued at approximately $651,000.

Other hedge funds have also modified their holdings of the company. Cullen Frost Bankers Inc. purchased a new position in shares of GAP in the fourth quarter worth about $26,000. Plato Investment Management Ltd acquired a new stake in shares of GAP during the fourth quarter worth about $28,000. Global Retirement Partners LLC purchased a new stake in GAP in the second quarter valued at approximately $29,000. Mitsubishi UFJ Asset Management Co. Ltd. purchased a new stake in GAP in the second quarter valued at approximately $50,000. Finally, EverSource Wealth Advisors LLC increased its holdings in GAP by 177.0% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 7,016 shares of the company’s stock worth $153,000 after buying an additional 4,483 shares during the period. 58.81% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

GAP has been the subject of a number of recent research reports. Jefferies Financial Group lowered shares of GAP from a “buy” rating to a “hold” rating and reduced their price target for the stock from $29.00 to $23.00 in a research report on Wednesday, August 12th. Wells Fargo & Company reiterated an “equal weight” rating and issued a $22.00 price objective (down from $26.00) on shares of GAP in a research note on Friday, August 7th. Weiss Ratings cut shares of GAP from a “hold (c+)” rating to a “hold (c)” rating in a report on Tuesday, July 28th. Bank of America reduced their target price on shares of GAP from $29.00 to $26.00 and set a “neutral” rating for the company in a report on Friday, May 29th. Finally, Evercore set a $20.00 price target on shares of GAP and gave the company an “in-line” rating in a report on Friday, May 29th. Two investment analysts have rated the stock with a Strong Buy rating, five have issued a Buy rating and eleven have issued a Hold rating to the stock. According to data from MarketBeat.com, GAP has an average rating of “Moderate Buy” and a consensus target price of $26.29.

GAP Price Performance

Shares of NYSE GAP opened at $20.15 on Wednesday. The stock has a market capitalization of $7.25 billion, a price-to-earnings ratio of 7.93, a PEG ratio of 1.21 and a beta of 2.05. The Gap, Inc. has a 12 month low of $18.11 and a 12 month high of $29.36. The firm’s 50 day simple moving average is $20.01 and its 200-day simple moving average is $22.98. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.81 and a quick ratio of 1.08.

GAP (NYSE:GAP) last posted its earnings results on Thursday, May 28th. The company reported $0.38 earnings per share for the quarter, missing the consensus estimate of $0.39 by ($0.01). GAP had a net margin of 6.25% and a return on equity of 21.13%. The firm had revenue of $3.50 billion for the quarter, compared to analysts’ expectations of $3.52 billion. During the same period last year, the firm earned $0.51 earnings per share. GAP’s revenue for the quarter was up 1.0% compared to the same quarter last year. GAP has set its FY 2026 guidance at 2.300-2.400 EPS. Analysts expect that The Gap, Inc. will post 2.33 EPS for the current year.

GAP Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, October 28th. Investors of record on Wednesday, October 7th will be paid a $0.175 dividend. This represents a $0.70 annualized dividend and a dividend yield of 3.5%. The ex-dividend date is Wednesday, October 7th. GAP’s payout ratio is currently 27.56%.

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.