Gildan Activewear, Inc. $GIL Holdings Decreased by Prescott Group Capital Management L.L.C.

Prescott Group Capital Management L.L.C. lessened its position in shares of Gildan Activewear, Inc. (NYSE:GIL) (TSE:GIL) by 22.5% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 66,057 shares of the textile maker’s stock after selling 19,200 shares during the period. Prescott Group Capital Management L.L.C.’s holdings in Gildan Activewear were worth $2,816,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Hara Capital LLC bought a new stake in Gildan Activewear in the 2nd quarter valued at about $57,000. Fifth Third Bancorp increased its holdings in shares of Gildan Activewear by 16.5% during the first quarter. Fifth Third Bancorp now owns 1,355 shares of the textile maker’s stock valued at $75,000 after acquiring an additional 192 shares in the last quarter. Global Retirement Partners LLC acquired a new position in shares of Gildan Activewear during the second quarter worth approximately $75,000. Guardian Partners Inc. raised its position in shares of Gildan Activewear by 56.9% during the third quarter. Guardian Partners Inc. now owns 1,785 shares of the textile maker’s stock worth $76,000 after purchasing an additional 647 shares during the period. Finally, Munich Reinsurance Co Stock Corp in Munich acquired a new position in shares of Gildan Activewear during the second quarter worth approximately $111,000. Institutional investors and hedge funds own 82.83% of the company’s stock.

Gildan Activewear News Summary

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

• Positive Sentiment: Gildan’s Comfort Colors brand will be a primary apparel provider for merchandise tied to Bruno Mars’ 2026 tour, giving the brand prominent international exposure and potential sales opportunities. Article: Comfort Colors Takes the Global Stage with Bruno Mars’ The Romantic Tour
• Neutral Sentiment: A preview of Gildan’s upcoming third-quarter results points to possible benefits from HanesBrands integration, wholesale momentum and market-share gains, though cost inflation could weigh on performance. These are expectations ahead of the report, not reported results. Article: Gildan’s Q3 Earnings on the Horizon: Key Insights for Investors
• Negative Sentiment: Multiple law firms publicized a securities class action against Gildan, covering investors who purchased shares from February 19, 2025, through June 15, 2026. The complaint alleges channel stuffing—reportedly pulling about $500 million of revenue forward—and misleading statements about financial results and internal controls. These claims are allegations, not findings; the lead-plaintiff deadline is December 14, 2026. The lawsuit and related notices may add legal costs and reputational uncertainty. Article: GIL Shareholder Notice

Analyst Ratings Changes

A number of equities analysts recently issued reports on GIL shares. Scotiabank reiterated a “sector outperform” rating and issued a $53.00 target price on shares of Gildan Activewear in a report on Tuesday. Weiss Ratings restated a “hold (c)” rating on shares of Gildan Activewear in a research note on Thursday, August 13th. TD Securities lowered their price objective on shares of Gildan Activewear from $80.00 to $54.00 and set a “buy” rating on the stock in a report on Thursday, September 24th. UBS Group dropped their price objective 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. Finally, Citigroup reiterated a “neutral” rating on shares of Gildan Activewear in a report on Tuesday, August 4th. Ten investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $69.00.

Gildan Activewear Stock Performance

GIL stock opened at $40.55 on Wednesday. The firm has a market cap of $7.51 billion, a PE ratio of 11.15 and a beta of 1.15. The company has a quick ratio of 1.01, a current ratio of 1.93 and a debt-to-equity ratio of 1.15. The business has a 50 day moving average of $44.81 and a 200-day moving average of $55.56. Gildan Activewear, Inc. has a 12-month low of $39.15 and a 12-month high of $73.69.

About Gildan Activewear

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.