GIL Gildan Activewear Inc.

Marathon Asset Management Ltd reduced its stake in Gildan Activewear, Inc. by 5.6% during the third quarter, now holding 791,282 shares valued at approximately $45.7 million. Despite beating EPS estimates, Gildan missed revenue expectations in its latest quarterly report but provided optimistic FY2025 EPS guidance. The company maintains a "Moderate Buy" consensus rating from analysts with a target price of $74.46.

Louisbourg Investments Inc. significantly increased its stake in Gildan Activewear (NYSE:GIL) by 23.3% to $10.35 million. This textile maker saw increased interest from several institutional investors, with institutional ownership now at 82.83%. Gildan Activewear recently reported better-than-expected Q1 earnings per share and announced a quarterly dividend.

Gildan Activewear Inc. reached an all-time high of $63.64 per share, marking a 34.92% surge over the past year. Despite this record valuation and a market capitalization of $9.41 billion, InvestingPro analysis suggests the stock remains undervalued with analyst targets up to $110. The company recently expanded its market presence by acquiring HanesBrands, further consolidating its position in the apparel industry.

Gildan Activewear Inc. (GIL.TO) has shown strong financial performance and growth, with its stock increasing by 5.43% to C$87.1. The company boasts a solid PE ratio of 20.31 and an ROE of 32.83%, indicating efficient profitability. Technical indicators suggest a bullish trend, and analyst projections anticipate continued long-term growth for this apparel manufacturer within the Consumer Cyclical sector.

Gildan Activewear Inc. (GIL) has reached an all-time high stock price of $63.64, driven by a 34.92% surge over the past year and a strong market cap of $9.41 billion. Despite this achievement, InvestingPro analysts suggest the stock remains undervalued, with price targets up to $110 and a PEG ratio indicating growth potential. The company also recently completed the acquisition of HanesBrands, further expanding its market presence.

Cardinal Capital Management Inc. slightly reduced its stake in Gildan Activewear, Inc. by 0.8% in Q3, though GIL remains its largest position. Other institutional investors like Mackenzie Financial, The Manufacturers Life, and Norges Bank significantly increased their holdings, leading to hedge funds and institutions owning 82.83% of the company. Analysts maintain a generally positive outlook with a "Moderate Buy" rating and an average price target of $72.15, following Gildan's Q3 earnings beat and positive FY2025 guidance.