Royce & Associates LP Has $7.93 Million Stock Holdings in Carter’s, Inc. $CRI

Royce & Associates LP boosted its holdings in shares of Carter’s, Inc. (NYSE:CRIFree Report) by 26.4% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 244,360 shares of the textile maker’s stock after acquiring an additional 51,088 shares during the period. Royce & Associates LP owned 0.67% of Carter’s worth $7,925,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of CRI. Caitong International Asset Management Co. Ltd grew its holdings in Carter’s by 555.9% during the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 1,115 shares of the textile maker’s stock worth $31,000 after acquiring an additional 945 shares during the period. Hantz Financial Services Inc. grew its holdings in Carter’s by 1,208.1% during the 3rd quarter. Hantz Financial Services Inc. now owns 1,295 shares of the textile maker’s stock worth $37,000 after acquiring an additional 1,196 shares during the period. EverSource Wealth Advisors LLC grew its holdings in Carter’s by 202.6% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,486 shares of the textile maker’s stock worth $45,000 after acquiring an additional 995 shares during the period. PNC Financial Services Group Inc. grew its holdings in Carter’s by 97.9% during the 3rd quarter. PNC Financial Services Group Inc. now owns 3,681 shares of the textile maker’s stock worth $104,000 after acquiring an additional 1,821 shares during the period. Finally, Daytona Street Capital LLC acquired a new stake in Carter’s during the 4th quarter worth $130,000.

Analyst Ratings Changes

Several brokerages have recently issued reports on CRI. Weiss Ratings lowered shares of Carter’s from a “hold (c-)” rating to a “sell (d+)” rating in a report on Monday, May 4th. Zacks Research lowered shares of Carter’s from a “strong-buy” rating to a “hold” rating in a report on Monday. Needham & Company LLC began coverage on shares of Carter’s in a report on Thursday, March 26th. They issued a “hold” rating for the company. Wells Fargo & Company boosted their price target on shares of Carter’s from $28.00 to $33.00 and gave the company an “underweight” rating in a report on Wednesday, April 29th. Finally, Monness Crespi & Hardt boosted their price target on shares of Carter’s from $45.00 to $50.00 and gave the company a “buy” rating in a report on Thursday, May 7th. Three investment analysts have rated the stock with a Buy rating, three have given a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat, Carter’s presently has an average rating of “Hold” and a consensus price target of $39.67.

Check Out Our Latest Report on Carter’s

Carter’s Price Performance

Shares of NYSE CRI opened at $40.20 on Friday. The firm has a market cap of $1.48 billion, a PE ratio of 16.21 and a beta of 0.86. The company has a current ratio of 2.80, a quick ratio of 1.72 and a debt-to-equity ratio of 0.61. Carter’s, Inc. has a 1-year low of $23.38 and a 1-year high of $44.44. The company has a fifty day moving average price of $36.03 and a 200 day moving average price of $35.14.

Carter’s (NYSE:CRIGet Free Report) last announced its earnings results on Wednesday, May 6th. The textile maker reported $0.39 earnings per share for the quarter, topping analysts’ consensus estimates of $0.13 by $0.26. The firm had revenue of $681.11 million during the quarter, compared to analyst estimates of $660.59 million. Carter’s had a net margin of 3.07% and a return on equity of 13.06%. The company’s revenue for the quarter was up 8.1% compared to the same quarter last year. During the same period in the prior year, the business earned $0.66 EPS. Carter’s has set its Q2 2026 guidance at 0.020-0.060 EPS. Research analysts predict that Carter’s, Inc. will post 3.09 earnings per share for the current fiscal year.

Carter’s Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, June 5th. Investors of record on Tuesday, May 26th will be paid a $0.25 dividend. The ex-dividend date of this dividend is Tuesday, May 26th. This represents a $1.00 dividend on an annualized basis and a yield of 2.5%. Carter’s’s dividend payout ratio is presently 40.32%.

Carter’s Company Profile

(Free Report)

Carter’s, Inc (NYSE: CRI) is a leading designer and marketer of infant and young children’s apparel in North America. Headquartered in Atlanta, Georgia, the company’s core business focuses on creating clothing and accessories for babies and children, including bodysuits, sleepwear, layette, outerwear and accessories that blend comfort, safety and style. Carter’s flagship brand is complemented by its OshKosh B’gosh line, which offers heritage-inspired designs and durable fabrics for toddlers and young kids.

The company distributes its products through a diversified platform that includes wholesale partnerships with major department stores and mass merchandisers, direct‐to‐consumer e-commerce sites, and an extensive network of company-operated retail stores.

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Institutional Ownership by Quarter for Carter's (NYSE:CRI)

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