United Services Automobile Association Invests $295,000 in The Gap, Inc. $GAP

United Services Automobile Association bought a new position in shares of The Gap, Inc. (NYSE:GAP) during the first quarter, Holdings Channel.com reports. The fund bought 14,456 shares of the company’s stock, valued at approximately $295,000.

A number of other institutional investors have also made changes to their positions in GAP. Hexagon Capital Partners LLC acquired a new position in shares of GAP during the 1st quarter worth approximately $30,000. First Horizon Advisors Inc. acquired a new position in GAP in the 1st quarter valued at $75,000. Brooklyn Investment Group acquired a new position in GAP in the 1st quarter valued at $80,000. Deseret Mutual Benefit Administrators bought a new stake in shares of GAP during the 1st quarter valued at $81,000. Finally, Covestor Ltd bought a new stake in shares of GAP during the 1st quarter valued at $82,000. 58.81% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of analysts have recently weighed in on GAP shares. Evercore ISI upped their target price on GAP from $24.00 to $25.00 and gave the company an “outperform” rating in a research report on Friday, August 29th. Telsey Advisory Group dropped their target price on GAP from $26.00 to $24.00 and set a “market perform” rating for the company in a research report on Tuesday, September 2nd. UBS Group dropped their target price on GAP from $27.00 to $23.00 and set a “neutral” rating for the company in a research report on Friday, August 22nd. Zacks Research cut GAP from a “hold” rating to a “strong sell” rating in a research note on Wednesday, August 27th. Finally, Bank of America increased their price target on GAP from $21.00 to $23.00 and gave the company a “neutral” rating in a research note on Friday, August 29th. Six investment analysts have rated the stock with a Buy rating, nine have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $25.40.

Insider Buying and Selling

In related news, Director William Sydney Fisher sold 243,064 shares of GAP stock in a transaction on Thursday, September 4th. The stock was sold at an average price of $23.82, for a total transaction of $5,789,784.48. Following the sale, the director directly owned 3,453,453 shares in the company, valued at approximately $82,261,250.46. This trade represents a 6.58% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Company insiders own 30.56% of the company’s stock.

GAP Trading Down 5.5%

Shares of GAP stock opened at $22.90 on Friday. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.96 and a current ratio of 1.68. The Gap, Inc. has a 52 week low of $16.99 and a 52 week high of $29.29. The stock has a 50 day moving average price of $21.37 and a two-hundred day moving average price of $21.77. The stock has a market capitalization of $8.50 billion, a PE ratio of 9.79, a price-to-earnings-growth ratio of 2.76 and a beta of 2.09.

GAP (NYSE:GAP) last posted its earnings results on Thursday, August 28th. The company reported $0.57 earnings per share for the quarter, beating analysts’ consensus estimates of $0.55 by $0.02. GAP had a return on equity of 27.04% and a net margin of 5.86%.The company had revenue of $3.73 billion for the quarter, compared to analyst estimates of $3.73 billion. During the same quarter last year, the company earned $0.54 earnings per share. The company’s revenue for the quarter was up .1% on a year-over-year basis. GAP has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. As a group, equities analysts anticipate that The Gap, Inc. will post 2.02 earnings per share for the current fiscal year.

GAP Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, October 29th. Stockholders of record on Wednesday, October 8th will be issued a $0.165 dividend. This represents a $0.66 dividend on an annualized basis and a dividend yield of 2.9%. The ex-dividend date is Wednesday, October 8th. GAP’s dividend payout ratio (DPR) is currently 28.21%.

GAP Profile

Gap, Inc operates as a global apparel retail company, which offers clothing, apparel, accessories, and personal care products for men, women, and children. The firm operates through the following segments: Gap Global, Old Navy Global, Banana Republic Global, Athleta, and Other. The Gap Global segment includes apparel and accessories for men and women under the Gap brand, along with the GapKids, BabyGap, GapMaternity, GapBody, and GapFit collections.