Gildan

GIL

Market cap $11.8B

Gildan Activewear remains a "Buy" after the HanesBrands acquisition, with multiple post-M&A re-rating catalysts identified. Gildan's index weighting increase could translate into additional fund inflows from certain benchmark-hugging investors. Asset divestitures can help fund GIL's deleveraging and buybacks in the future.

Here is how Gildan Activewear (GIL) and Acushnet (GOLF) have performed compared to their sector so far this year.

An analyst raised his price target on the shares by almost 38%. He was extremely encouraged by a recent acquisition.

Connecticut-based Ararat Capital Management sold 137,548 shares of Gildan Activewear in the third quarter In light of the transaction, the overall position value of the stock fell by $4.9 million. The fund now holds 217,685 Gildan shares worth $12.6 million, making it the fund's fifth-largest holding.

GIL doubles its scale with the HanesBrands acquisition, expanding its brand portfolio and boosting global competitiveness while targeting major cost synergies.

(all amounts are in U.S. dollars except where otherwise indicated) MONTREAL, Dec. 01, 2025 (GLOBE NEWSWIRE) -- Gildan Activewear Inc. (GIL: TSX and NYSE) (“Gildan” or the “Company”) announced today that it has completed the previously announced acquisition of HanesBrands Inc. (“HanesBrands”), creating a global apparel leader. “Today marks the beginning of an exciting new chapter.

Connecticut-based Coliseum Capital Management sold about 1 million shares of Gildan in the third quarter for an estimated $49.5 million. The transaction represents a 4.8% change in 13F reportable assets under management.

NEW YORK , Nov. 24, 2025 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P 500, S&P SmallCap 600:  S&P SmallCap 600 constituent Sandisk Corp. (NASD: SNDK) will replace The Interpublic Group of Companies Inc. (NYSE: IPG) in the S&P 500, and PTC Therapeutics Inc. (NASD: PTCT) will replace Sandisk in the S&P SmallCap 600 effective prior to the opening of trading on Friday, November 28. S&P 500 constituent Omnicom Group Inc. (NYSE: OMC) is acquiring The Interpublic Group of Companies in a deal expected to close soon, pending final conditions.

I stick with a "Buy" for Gildan Activewear, following my assessment of its capital allocation and business performance. GIL's core Activewear segment did well, offsetting weakness in Hosiery & Underwear, with price leadership and manufacturing efficiencies driving profitability. The Hanesbrands acquisition is expected to diversify revenue, optimize capacity, and deliver margin-related synergies.

Gildan Activewear is acquiring Hanesbrands to create a global leader in basic apparel, doubling revenue and diversifying operations. The deal brings significant scale, $200 million in targeted cost synergies, and a more balanced mix between activewear, innerwear, retail, and wholesale. Pro forma leverage rises to 3.2x EBITDA, with plans to reduce it via synergies and asset sales; EPS growth is projected at 20% CAGR through 2028.