Carter’s (NYSE:CRI) Upgraded by Wall Street Zen to “Strong-Buy” Rating

Posted by Brenda Bartman on Sep 13th, 2026

Wall Street Zen upgraded shares of Carter’s (NYSE:CRI – Free Report) from a buy rating to a strong-buy rating in a report released on Saturday morning,Wall Street Zen reports.

A number of other analysts have also issued reports on the company. UBS Group restated a “buy” rating on shares of Carter’s in a report on Wednesday, July 8th. Citigroup reiterated a “buy” rating on shares of Carter’s in a report on Tuesday, July 21st. BMO Capital Markets initiated coverage on Carter’s in a research note on Tuesday. They issued an “outperform” rating and a $40.00 price objective for the company. Weiss Ratings upgraded Carter’s from a “sell (d+)” rating to a “hold (c)” rating in a research report on Thursday, August 13th. Finally, Wells Fargo & Company upgraded Carter’s from an “underweight” rating to an “equal weight” rating and raised their price objective for the stock from $30.00 to $42.00 in a research report on Wednesday, June 17th. Two equities research analysts have rated the stock with a Strong Buy rating, four have assigned a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, Carter’s currently has an average rating of “Moderate Buy” and a consensus target price of $40.88.

View Our Latest Research Report on CRI

Carter’s Stock Performance

Carter’s stock opened at $30.50 on Friday. The firm’s 50 day simple moving average is $36.92 and its 200-day simple moving average is $37.28. The company has a market cap of $1.12 billion, a P/E ratio of 5.71, a price-to-earnings-growth ratio of 3.43 and a beta of 0.84. The company has a debt-to-equity ratio of 0.55, a current ratio of 2.47 and a quick ratio of 1.50. Carter’s has a fifty-two week low of $27.15 and a fifty-two week high of $44.44.

Carter’s (NYSE:CRI – Get Free Report) last issued its quarterly earnings results on Friday, July 31st. The textile maker reported $0.26 EPS for the quarter, beating the consensus estimate of $0.06 by $0.20. Carter’s had a net margin of 6.55% and a return on equity of 12.78%. The business had revenue of $615.49 million during the quarter, compared to the consensus estimate of $605.68 million. During the same quarter in the prior year, the firm earned $0.17 EPS. The firm’s quarterly revenue was up 5.2% on a year-over-year basis. As a group, equities research analysts predict that Carter’s will post 3.28 EPS for the current year.

Carter’s Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, September 25th. Investors of record on Tuesday, September 1st will be paid a $0.25 dividend. The ex-dividend date of this dividend is Tuesday, September 1st. This represents a $1.00 annualized dividend and a dividend yield of 3.3%. Carter’s’s payout ratio is presently 18.73%.

Hedge Funds Weigh In On Carter’s

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Wellington Management Group LLP boosted its holdings in shares of Carter’s by 11.9% during the 2nd quarter. Wellington Management Group LLP now owns 645,863 shares of the textile maker’s stock worth $26,584,000 after buying an additional 68,464 shares during the period. Dimensional Fund Advisors LP raised its holdings in Carter’s by 36.6% in the 1st quarter. Dimensional Fund Advisors LP now owns 1,765,205 shares of the textile maker’s stock worth $63,121,000 after acquiring an additional 472,786 shares during the period. Empowered Funds LLC bought a new position in Carter’s in the 1st quarter worth $4,896,000. Rubric Capital Management LP lifted its position in Carter’s by 121.5% during the 1st quarter. Rubric Capital Management LP now owns 1,018,853 shares of the textile maker’s stock worth $36,434,000 after acquiring an additional 558,853 shares during the last quarter. Finally, Great Lakes Advisors LLC acquired a new position in Carter’s during the 2nd quarter worth $3,283,000.

Carter’s Company Profile

(Get Free Report)

Carter’s, Inc (NYSE:CRI) is a specialty retailer and branded marketer of apparel, accessories and related products for babies and young children. The company’s portfolio includes Carter’s, OshKosh B’gosh, Skip Hop and Little Planet, offering items such as bodysuits, sleepwear, playwear, footwear, outerwear, accessories, baby gear and nursery products.

Founded in 1865 by William Carter, the company has developed into a major children’s apparel business. Carter’s products are sold through company-operated retail stores, e-commerce websites and wholesale partners, including department stores, mass merchants, specialty retailers and other distribution channels.

The company primarily serves customers in the United States and Canada, while also reaching international markets through select wholesale, licensing and distribution arrangements.