Corient Private Wealth LP Buys Shares of 83,915 The Gap, Inc. $GAP

Corient Private Wealth LP purchased a new position in The Gap, Inc. (NYSE:GAP) in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 83,915 shares of the company’s stock, valued at approximately $1,568,000.

Other large investors also recently made changes to their positions in the company. BlackRock Inc. acquired a new stake in GAP in the 2nd quarter worth approximately $428,824,000. Ameriprise Financial Inc. raised its position in shares of GAP by 4.1% in the third quarter. Ameriprise Financial Inc. now owns 4,588,800 shares of the company’s stock valued at $98,154,000 after purchasing an additional 180,991 shares during the period. Geode Capital Management LLC lifted its stake in shares of GAP by 0.3% in the fourth quarter. Geode Capital Management LLC now owns 4,291,846 shares of the company’s stock worth $110,750,000 after buying an additional 14,141 shares during the last quarter. LSV Asset Management boosted its holdings in shares of GAP by 3.6% during the 4th quarter. LSV Asset Management now owns 3,462,702 shares of the company’s stock worth $88,645,000 after buying an additional 121,001 shares during the period. Finally, Bank of New York Mellon Corp boosted its holdings in shares of GAP by 13.0% during the 4th quarter. Bank of New York Mellon Corp now owns 3,195,934 shares of the company’s stock worth $81,816,000 after buying an additional 368,191 shares during the period. Institutional investors own 58.81% of the company’s stock.

GAP Price Performance

Shares of GAP stock opened at $22.31 on Friday. The firm has a market cap of $7.84 billion, a P/E ratio of 6.66, a price-to-earnings-growth ratio of 0.94 and a beta of 2.08. The firm’s 50-day simple moving average is $20.19 and its 200-day simple moving average is $22.69. The Gap, Inc. has a twelve month low of $18.11 and a twelve month high of $29.36. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.11 and a current ratio of 1.82.

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

GAP Dividend Announcement

The business 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. The ex-dividend date of this dividend is Wednesday, October 7th. This represents a $0.70 annualized dividend and a yield of 3.1%. GAP’s payout ratio is currently 20.90%.

Key Stories Impacting GAP

Here are the key news stories impacting GAP this week:

• Positive Sentiment: New handbag strategy could expand growth opportunities: Gap is introducing “GapBag” for fall 2026, featuring handbags designed by Reed Krakoff. The move expands the brand into the lucrative accessories market and could increase average customer spending and diversify revenue beyond apparel. Gap introduces GapBag for fall 2026 with handbags by Reed Krakoff
• Positive Sentiment: Momentum factors remain favorable: Zacks highlighted GAP as a strong momentum stock, which may attract technical and quantitative investors after the shares moved above their 50-day average. Why Gap is a strong momentum stock
• Neutral Sentiment: Analyst sentiment is cautious: The Gap received an average “Hold” rating, suggesting Wall Street sees balanced upside and downside rather than a clear catalyst for re-rating. The Gap receives average Hold rating
• Neutral Sentiment: CEO Richard Dickson is scheduled to participate in the Goldman Sachs Global Consumer & Retail Conference on September 14. The event could provide updates on strategy, sales trends and the handbag rollout, but no new financial guidance was announced. Gap to participate in Goldman Sachs conference
• Neutral Sentiment: Gap also announced a New York City youth education partnership with FIT and BroSis. The initiative supports brand goodwill but is unlikely to materially affect near-term earnings. Gap, FIT and BroSis partnership

Analyst Ratings Changes

A number of research firms have weighed in on GAP. 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 research report on Monday. BTIG Research lifted their price objective on GAP from $26.00 to $27.00 and gave the stock a “buy” rating in a research note on Friday, August 28th. Evercore set a $20.00 target price on GAP and gave the company an “in-line” rating in a report on Friday, May 29th. Jefferies Financial Group lowered GAP from a “buy” rating to a “hold” rating and cut their price target for the stock from $29.00 to $23.00 in a report on Wednesday, August 12th. Finally, Weiss Ratings cut GAP from a “hold (c+)” rating to a “hold (c)” rating in a research report on Tuesday, July 28th. Two investment analysts have rated the stock with a Strong Buy rating, five have issued a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price 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.