Gildan Activewear, Inc. $GIL Stock Holdings Boosted by Cardinal Capital Management Inc.

Cardinal Capital Management Inc. raised its stake in shares of Gildan Activewear, Inc. (NYSE:GIL) (TSE:GIL) by 9.3% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,309,542 shares of the textile maker’s stock after purchasing an additional 282,627 shares during the period. Gildan Activewear accounts for 3.2% of Cardinal Capital Management Inc.’s holdings, making the stock its 12th biggest position. Cardinal Capital Management Inc.’s holdings in Gildan Activewear were worth $141,363,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also modified their holdings of GIL. Caitong International Asset Management Co. Ltd increased its stake in shares of Gildan Activewear by 14,833.3% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 448 shares of the textile maker’s stock worth $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 about $42,000. Hara Capital LLC purchased a new position in Gildan Activewear in the 2nd quarter valued at about $57,000. Fifth Third Bancorp lifted its stake in Gildan Activewear by 16.5% in the 1st quarter. Fifth Third Bancorp now owns 1,355 shares of the textile maker’s stock valued at $75,000 after buying an additional 192 shares in the last quarter. Finally, Global Retirement Partners LLC purchased a new position in Gildan Activewear in the 2nd quarter valued at about $75,000. Institutional investors and hedge funds own 82.83% of the company’s stock.

Analyst Ratings Changes

GIL has been the topic of several research analyst reports. Stifel Nicolaus set a $83.00 price objective on Gildan Activewear and gave the stock a “buy” rating in a report on Friday, July 31st. Weiss Ratings reissued a “hold (c)” rating on shares of Gildan Activewear in a report on Thursday, August 13th. Scotiabank reissued a “sector outperform” rating and set a $67.00 target price (up from $65.00) on shares of Gildan Activewear in a report on Friday, July 31st. UBS Group decreased their target price on Gildan Activewear from $111.00 to $71.00 and set a “buy” rating on the stock in a research report on Thursday. Finally, TD lowered their price target on Gildan Activewear from $80.00 to $54.00 and set a “buy” rating on the stock in a research note on Thursday, September 24th. Twelve investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $73.69.

Gildan Activewear Price Performance

Gildan Activewear stock opened at $41.00 on Friday. Gildan Activewear, Inc. has a 52-week low of $39.93 and a 52-week high of $73.69. The firm has a market capitalization of $7.59 billion, a price-to-earnings ratio of 11.44 and a beta of 1.11. The company has a fifty day simple moving average of $48.61 and a 200-day simple moving average of $53.35. The company has a quick ratio of 1.01, a current ratio of 1.93 and a debt-to-equity ratio of 1.15.

Gildan Activewear (NYSE:GIL) (TSE:GIL) last issued its 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. The business had revenue of $1.58 billion during the quarter, compared to analysts’ expectations of $1.61 billion. Gildan Activewear had a net margin of 1.28% and a return on equity of 21.03%. The company’s quarterly revenue was up 72.3% compared to the same quarter last year. During the same period in the prior year, the business earned $0.97 earnings per share. On average, equities analysts anticipate that Gildan Activewear, Inc. will post 4.67 EPS for the current fiscal year.

Gildan Activewear Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, September 14th. Investors of record on Thursday, August 20th were paid a dividend of $0.2490 per share. This represents a $1.00 annualized dividend and a yield of 2.4%. The ex-dividend date of this dividend was Thursday, August 20th. Gildan Activewear’s dividend payout ratio is currently 192.31%.

Gildan Activewear News Summary

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

• Positive Sentiment: UBS retained a Buy rating on Gildan Activewear but lowered its price target to $71 from $111. The revised target still implies substantial potential upside from the current trading level, suggesting UBS believes the market may have overreacted to recent concerns. UBS price target report
• Neutral Sentiment: A Quebec Court of Appeal decision granted Gildan leave to appeal an order requiring it to advance defense costs to former directors. The ruling is procedural; its ultimate effect on Gildan’s legal expenses and liability remains uncertain. Quebec Court of Appeal article
• Negative Sentiment: Rosen Law Firm and several other firms announced or promoted a securities class action against Gildan on behalf of investors who purchased securities between February 19, 2025, and June 15, 2026. The complaints reportedly involve alleged channel stuffing and related securities-law violations. These are allegations, not established findings, but the litigation could create legal costs, potential damages and management distraction. Investors have until December 14, 2026 to seek lead-plaintiff status. Rosen Law Firm class action announcement

Gildan Activewear Company Profile

Gildan Activewear Inc is a Canadian apparel manufacturer headquartered in Montreal, Quebec. The company produces basic everyday apparel, including T-shirts, fleece garments, underwear, socks and hosiery, for wholesalers, retailers, screen printers, brands and consumers.

Its portfolio includes the Gildan, American Apparel, Comfort Colors and Gold Toe brands, along with other product lines serving the activewear, casualwear and innerwear markets. Gildan also manufactures private-label and co-branded products for customers in several apparel categories.

Founded in 1984 by brothers Glenn and Greg Chamandy, Gildan has developed a vertically integrated manufacturing model that covers key stages from textile production through finished garments.