Gildan Activewear (NYSE:GIL) Stock Acquired Rep. Gilbert Ray Cisneros, Jr.

by · The Cerbat Gem

Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently bought shares of Gildan Activewear, Inc. (NYSE:GIL). In a filing disclosed on May 08th, the Representative disclosed that they had bought between $1,001 and $15,000 in Gildan Activewear stock on April 24th. The trade occurred in the Representative’s “150 MAIN STREET TRUST > BANK OF AMERICA” account.

Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):

  • Purchased $1,001 – $15,000 in shares of Revvity (NYSE:RVTY) on 5/1/2026.
  • Sold $1,001 – $15,000 in shares of Flex (NASDAQ:FLEX) on 5/1/2026.
  • Purchased $1,001 – $15,000 in shares of LPL Financial (NASDAQ:LPLA) on 5/1/2026.
  • Purchased $1,001 – $15,000 in shares of FirstService (NASDAQ:FSV) on 5/1/2026.
  • Sold $1,001 – $15,000 in shares of SS&C Technologies (NASDAQ:SSNC) on 5/1/2026.
  • Purchased $1,001 – $15,000 in shares of Wayfair (NYSE:W) on 5/1/2026.
  • Purchased $1,001 – $15,000 in shares of STERIS (NYSE:STE) on 5/1/2026.
  • Purchased $1,001 – $15,000 in shares of DoorDash (NASDAQ:DASH) on 5/1/2026.
  • Purchased $1,001 – $15,000 in shares of Sensata Technologies (NYSE:ST) on 5/1/2026.
  • Purchased $1,001 – $15,000 in shares of Veralto (NYSE:VLTO) on 5/1/2026.

Gildan Activewear Stock Performance

NYSE:GIL traded down $0.57 on Tuesday, reaching $57.11. 763,121 shares of the company’s stock were exchanged, compared to its average volume of 1,301,281. The company has a debt-to-equity ratio of 1.32, a current ratio of 2.35 and a quick ratio of 1.17. The firm has a market cap of $10.57 billion, a price-to-earnings ratio of 33.59 and a beta of 1.10. Gildan Activewear, Inc. has a 52 week low of $46.00 and a 52 week high of $73.69. The stock has a fifty day simple moving average of $59.00 and a 200-day simple moving average of $61.50.

Gildan Activewear (NYSE:GILGet Free Report) (TSE:GIL) last posted its quarterly earnings results on Thursday, April 30th. The textile maker reported $0.43 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.36 by $0.07. The company had revenue of $1.17 billion for the quarter, compared to analyst estimates of $1.14 billion. Gildan Activewear had a net margin of 6.10% and a return on equity of 21.38%. The company’s quarterly revenue was up 63.8% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.59 earnings per share. Gildan Activewear has set its FY 2026 guidance at 4.200-4.400 EPS. As a group, sell-side analysts predict that Gildan Activewear, Inc. will post 4.25 earnings per share for the current year.

Gildan Activewear Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, June 15th. Shareholders of record on Wednesday, May 20th will be issued a dividend of $0.249 per share. The ex-dividend date of this dividend is Wednesday, May 20th. This represents a $1.00 annualized dividend and a yield of 1.7%. Gildan Activewear’s dividend payout ratio is 58.82%.

Institutional Investors Weigh In On Gildan Activewear

A number of large investors have recently added to or reduced their stakes in the company. Vanguard Group Inc. increased its holdings in Gildan Activewear by 26.0% during the 4th quarter. Vanguard Group Inc. now owns 7,566,962 shares of the textile maker’s stock valued at $472,964,000 after purchasing an additional 1,561,729 shares during the period. Mackenzie Financial Corp boosted its stake in shares of Gildan Activewear by 41.2% during the 4th quarter. Mackenzie Financial Corp now owns 6,860,108 shares of the textile maker’s stock valued at $429,382,000 after purchasing an additional 2,001,279 shares in the last quarter. Caisse de depot et placement du Quebec increased its position in shares of Gildan Activewear by 1,695.7% during the fourth quarter. Caisse de depot et placement du Quebec now owns 6,240,014 shares of the textile maker’s stock valued at $390,539,000 after buying an additional 5,892,514 shares during the period. The Manufacturers Life Insurance Company raised its stake in Gildan Activewear by 27.6% in the fourth quarter. The Manufacturers Life Insurance Company now owns 5,797,077 shares of the textile maker’s stock worth $363,102,000 after buying an additional 1,252,985 shares in the last quarter. Finally, Royal Bank of Canada boosted its position in Gildan Activewear by 16.4% during the 4th quarter. Royal Bank of Canada now owns 5,717,871 shares of the textile maker’s stock valued at $357,138,000 after acquiring an additional 805,396 shares in the last quarter. Institutional investors own 82.83% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on GIL shares. BMO Capital Markets increased their target price on Gildan Activewear from $70.00 to $78.00 and gave the stock an “outperform” rating in a research report on Monday, January 26th. Royal Bank Of Canada reduced their price target on Gildan Activewear from $79.00 to $78.00 and set an “outperform” rating for the company in a research report on Monday, March 2nd. TD Securities reissued a “buy” rating and set a $77.00 price objective on shares of Gildan Activewear in a report on Tuesday, January 27th. Zacks Research upgraded Gildan Activewear from a “strong sell” rating to a “hold” rating in a research note on Friday, May 1st. Finally, Weiss Ratings lowered Gildan Activewear from a “buy (b-)” rating to a “hold (c+)” rating in a report on Monday, May 4th. Twelve research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $79.77.

View Our Latest Stock Report on Gildan Activewear

About Representative Cisneros

Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California’s 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California’s 31st Congressional District. He declared candidacy for the 2026 election.

Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor’s degree in political science from George Washington University in 1994, a master’s in business administration from Regis University in 2002, and a master’s degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.

About Gildan Activewear

(Get Free Report)

Gildan Activewear Inc (NYSE:GIL) is a vertically integrated manufacturer and wholesaler of branded basic apparel, including activewear, socks, hosiery and underwear. Headquartered in Montreal, Quebec, the company produces a wide range of products such as T-shirts, fleece garments, sport shirts, performance wear, and shapewear under its Gildan, Anvil, Comfort Colors, Gold Toe, Peds and Silks brands. Leveraging its in-house knitting, dyeing, cut-and-sew and finishing operations, Gildan supplies blank apparel to screen printers, promotional product distributors and major retailers around the world.

Since its founding in 1984 by Glenn J.

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