Rep. Gilbert Cisneros Purchases Gildan Activewear Shares

On May 11, 2026, Gilbert Cisneros, a member of the U.S. House of Representatives, purchased shares of Gildan Activewear Inc. (NYSE: GIL). The transaction was valued between $1,001 and $15,000, according to the STOCK Act disclosure filed on June 9, 2026.

Other Institutional Activity in Gildan Activewear

Several institutional investors have also been active in Gildan Activewear. Janus Henderson Group PLC grew its holdings by 98,134 shares, ending with 10,593,203 shares worth about $589.5 million. Caisse de Dépôt et Placement du Québec significantly increased its position by 4,201,280 shares, holding 10,441,294 shares valued at approximately $579.6 million. The Royal Bank of Canada added 1,193,718 shares, bringing its total to 6,911,589 shares, valued at $384.6 million. Conversely, Mackenzie Financial Corp reduced its stake by 276,685 shares, now holding 6,583,423 shares worth $366.6 million.

Gildan Activewear Inc. Stock Up 16.7%

Shares of Gildan Activewear (NYSE: GIL) traded at $60.78. The company boasts a market cap of $11.26 billion and a P/E ratio of 35.54. It has a forward P/E of 11.30 and a beta of 1.112, indicating moderate volatility. The stock's 52-week range is between $46.00 and $73.70, with a 50-day moving average of $58.26 and a 200-day moving average of $60.23. Gildan maintains a current ratio of 2.35 and a quick ratio of 0.64, with a debt-to-equity ratio of 149.31.

Recent Earnings

Gildan Activewear reported revenue of $4.07 billion, experiencing a growth of 0.64%. The company posted an earnings per share (EPS) of $1.71, with a net margin of 6.10% and a return on equity (ROE) of 10.56%. The next earnings report is expected on April 30, 2026.

Dividend

Gildan Activewear offers an annual dividend rate of $1.00, yielding 1.67%. The dividend payout ratio stands at 54.21%, reflecting its policy of returning profits to shareholders.

Insider Buying and Selling at Gildan Activewear Inc.

Recent insider activity included sales by Michael Schroeder, who sold 1,322 shares at an average price of $57.68 on December 9, 2025. John Maness sold 1,189 shares at $79.86 on December 3, 2025. Benedetto Masi sold 30,000 shares across two transactions on August 26 and August 28, 2025, at prices of $54.83 and $54.92, respectively.

Analysts Set New Price Targets

On May 4, 2026, Scotiabank maintained its "buy" rating for Gildan Activewear with a price target of $72. RBC Capital also maintained its "buy" rating with a target of $78 on March 2, 2026. The consensus among analysts is a "buy" rating, with a mean target price of $83.22 from nine opinions.

About Gildan Activewear

Gildan Activewear Inc. is a leading apparel manufacturer based in Montreal, Canada. It produces a wide range of products, including T-shirts, fleece, sports shirts, and socks under various brand names like Gildan and American Apparel. The company serves wholesale distributors and retailers across North America, Europe, and other regions. Glenn J. Chamandy is the CEO, and the company employs around 75,000 people globally.

Bottom Line

Gilbert Cisneros's recent purchase of Gildan Activewear shares highlights ongoing interest in the company. While this transaction provides a glimpse into political figures' investment activities, it's important to remember that these disclosures are made after the fact. Investors often track such moves for insights, but 13F filings and STOCK Act reports are backward-looking and may not reflect current positions.