King Luther Capital Management Corp Has $4.26 Million Stock Holdings in Crocs, Inc. $CROX

King Luther Capital Management Corp grew its position in Crocs, Inc. (NASDAQ:CROX) by 18.2% in the 2nd quarter, according to its most recent filing with the SEC. The firm owned 42,051 shares of the textile maker’s stock after buying an additional 6,479 shares during the period. King Luther Capital Management Corp’s holdings in Crocs were worth $4,259,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Motley Fool Wealth Management LLC raised its holdings in Crocs by 82.6% in the first quarter. Motley Fool Wealth Management LLC now owns 101,978 shares of the textile maker’s stock worth $10,830,000 after purchasing an additional 46,124 shares during the period. Entropy Technologies LP acquired a new stake in Crocs during the 1st quarter worth $905,000. Intech Investment Management LLC lifted its holdings in Crocs by 60.4% during the first quarter. Intech Investment Management LLC now owns 49,641 shares of the textile maker’s stock worth $5,272,000 after acquiring an additional 18,697 shares in the last quarter. Versor Investments LP bought a new stake in shares of Crocs in the first quarter worth about $1,275,000. Finally, Baird Financial Group Inc. boosted its holdings in shares of Crocs by 4.8% in the first quarter. Baird Financial Group Inc. now owns 251,230 shares of the textile maker’s stock valued at $26,681,000 after buying an additional 11,397 shares during the period. Institutional investors and hedge funds own 93.44% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on CROX shares. Monness Crespi & Hardt increased their target price on Crocs from $92.00 to $100.00 and gave the stock a “buy” rating in a report on Friday, October 31st. Wall Street Zen lowered Crocs from a “buy” rating to a “hold” rating in a research report on Sunday. The Goldman Sachs Group reduced their price target on Crocs from $88.00 to $87.00 and set a “sell” rating for the company in a research report on Tuesday, July 22nd. KeyCorp decreased their price target on shares of Crocs from $120.00 to $95.00 and set an “overweight” rating for the company in a research note on Friday, August 8th. Finally, Piper Sandler downgraded Crocs from an “overweight” rating to a “neutral” rating and lowered their target price for the company from $95.00 to $75.00 in a research report on Monday, September 22nd. Seven research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, Crocs presently has an average rating of “Hold” and a consensus price target of $103.42.

Crocs Price Performance

Shares of CROX opened at $74.09 on Tuesday. The firm has a market capitalization of $3.85 billion, a PE ratio of 19.86, a PEG ratio of 1.97 and a beta of 1.51. The company has a debt-to-equity ratio of 0.97, a current ratio of 1.54 and a quick ratio of 0.97. The company’s 50-day moving average is $81.99 and its 200-day moving average is $93.79. Crocs, Inc. has a fifty-two week low of $73.52 and a fifty-two week high of $122.84.

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

About Crocs

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.