Crocs, Inc. $CROX Position Raised by Quinn Opportunity Partners LLC

Quinn Opportunity Partners LLC grew its position in shares of Crocs, Inc. (NASDAQ:CROX) by 167.7% in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 99,063 shares of the textile maker’s stock after acquiring an additional 62,063 shares during the quarter. Crocs comprises about 0.8% of Quinn Opportunity Partners LLC’s investment portfolio, making the stock its 29th largest holding. Quinn Opportunity Partners LLC owned about 0.18% of Crocs worth $10,033,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of the company. Envestnet Asset Management Inc. lifted its position in Crocs by 8.1% in the 1st quarter. Envestnet Asset Management Inc. now owns 214,671 shares of the textile maker’s stock valued at $22,798,000 after purchasing an additional 16,138 shares during the last quarter. Alps Advisors Inc. grew its position in Crocs by 30.6% in the 1st quarter. Alps Advisors Inc. now owns 3,455 shares of the textile maker’s stock worth $367,000 after purchasing an additional 810 shares during the last quarter. Cerity Partners LLC increased its stake in shares of Crocs by 204.2% in the first quarter. Cerity Partners LLC now owns 25,598 shares of the textile maker’s stock valued at $2,719,000 after purchasing an additional 17,183 shares during the period. Edgestream Partners L.P. bought a new stake in shares of Crocs during the first quarter valued at approximately $1,606,000. Finally, Signaturefd LLC raised its holdings in shares of Crocs by 65.3% during the first quarter. Signaturefd LLC now owns 686 shares of the textile maker’s stock valued at $73,000 after buying an additional 271 shares during the last quarter. Institutional investors and hedge funds own 93.44% of the company’s stock.

Wall Street Analysts Forecast Growth

CROX has been the subject of a number of recent analyst reports. Piper Sandler lowered Crocs from an “overweight” rating to a “neutral” rating and decreased their price objective for the stock from $95.00 to $75.00 in a report on Monday, September 22nd. Bank of America reduced their price target on Crocs from $99.00 to $98.00 and set a “buy” rating for the company in a research report on Tuesday, October 21st. Weiss Ratings raised Crocs from a “sell (d+)” rating to a “hold (c-)” rating in a report on Friday. Citigroup downgraded shares of Crocs to a “negative” rating in a report on Tuesday, October 7th. Finally, Needham & Company LLC raised their target price on shares of Crocs from $89.00 to $100.00 and gave the company a “buy” rating in a research note on Friday, August 29th. Seven investment analysts have rated the stock with a Buy rating, six have issued a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $103.42.

Crocs Stock Performance

NASDAQ:CROX opened at $75.00 on Wednesday. The company has a 50-day moving average of $81.68 and a 200-day moving average of $93.63. The firm has a market cap of $3.89 billion, a price-to-earnings ratio of 20.11, a price-to-earnings-growth ratio of 1.97 and a beta of 1.51. The company has a current ratio of 1.54, a quick ratio of 0.97 and a debt-to-equity ratio of 0.97. Crocs, Inc. has a twelve month low of $73.52 and a twelve month high of $122.84.

Crocs (NASDAQ:CROX) last released its earnings results on Thursday, October 30th. The textile maker reported $2.92 EPS for the quarter, beating the consensus estimate of $2.36 by $0.56. The business had revenue of $996.30 million during the quarter, compared to analyst estimates of $960.14 million. Crocs had a net margin of 5.72% and a return on equity of 44.15%. The business’s quarterly revenue was down 6.2% on a year-over-year basis. During the same period in the prior year, the business earned $3.60 earnings per share. Crocs has set its Q4 2025 guidance at 1.820-1.92 EPS. Analysts forecast that Crocs, Inc. will post 13.2 earnings per share for the current fiscal year.

Crocs Company Profile

Crocs, Inc, together with its subsidiaries, designs, develops, manufactures, markets, distributes, and sells casual lifestyle footwear and accessories for men, women, and children under Crocs and HEYDUDE Brand in the United States and internationally. The company offers various footwear products, including clogs, sandals, slides, flips, wedges, platforms, socks, boots, charms, flip flops, sneakers, and slippers.