SummitTX Capital L.P. Increases Stake in Carter’s, Inc. $CRI

Posted by Francis Steltz on Jul 30th, 2026

SummitTX Capital L.P. grew its holdings in shares of Carter’s, Inc. (NYSE:CRI – Free Report) by 68.2% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 41,137 shares of the textile maker’s stock after purchasing an additional 16,687 shares during the quarter. SummitTX Capital L.P.’s holdings in Carter’s were worth $1,471,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. UMB Bank n.a. lifted its stake in shares of Carter’s by 445.8% in the fourth quarter. UMB Bank n.a. now owns 775 shares of the textile maker’s stock worth $25,000 after buying an additional 633 shares in the last quarter. Caitong International Asset Management Co. Ltd grew its stake 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 valued at $31,000 after acquiring an additional 945 shares in the last quarter. EverSource Wealth Advisors LLC raised its holdings in Carter’s by 202.6% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,486 shares of the textile maker’s stock valued at $45,000 after acquiring an additional 995 shares during the last quarter. Hantz Financial Services Inc. raised its holdings in Carter’s by 21.8% in the 4th quarter. Hantz Financial Services Inc. now owns 1,577 shares of the textile maker’s stock valued at $51,000 after acquiring an additional 282 shares during the last quarter. Finally, State of Wyoming lifted its stake in Carter’s by 1,380.6% in the 4th quarter. State of Wyoming now owns 2,132 shares of the textile maker’s stock worth $69,000 after purchasing an additional 1,988 shares in the last quarter.

Carter’s Stock Performance

NYSE:CRI opened at $38.65 on Thursday. The company has a debt-to-equity ratio of 0.61, a current ratio of 2.80 and a quick ratio of 1.72. The firm has a market capitalization of $1.42 billion, a price-to-earnings ratio of 15.58 and a beta of 0.86. The company’s 50-day moving average is $39.82 and its two-hundred day moving average is $37.60. Carter’s, Inc. has a 1-year low of $23.38 and a 1-year high of $44.44.

Carter’s (NYSE:CRI – Get Free Report) last posted its quarterly earnings results on Wednesday, May 6th. The textile maker reported $0.39 earnings per share for the quarter, beating the consensus estimate of $0.13 by $0.26. The business had revenue of $681.11 million during the quarter, compared to analysts’ expectations of $660.59 million. Carter’s had a net margin of 3.07% and a return on equity of 13.06%. The business’s revenue for the quarter was up 8.1% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.66 EPS. Carter’s has set its Q2 2026 guidance at 0.020-0.060 EPS. Analysts forecast that Carter’s, Inc. will post 3.09 EPS for the current year.

Carter’s Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 5th. Investors of record on Tuesday, May 26th were given a $0.25 dividend. This represents a $1.00 annualized dividend and a yield of 2.6%. The ex-dividend date was Tuesday, May 26th. Carter’s’s dividend payout ratio is presently 40.32%.

Analyst Upgrades and Downgrades

CRI has been the topic of several recent research reports. Monness Crespi & Hardt boosted their target price on Carter’s from $45.00 to $50.00 and gave the stock a “buy” rating in a report on Thursday, May 7th. Wall Street Zen cut Carter’s from a “buy” rating to a “hold” rating in a report on Saturday, July 25th. UBS Group reiterated a “buy” rating on shares of Carter’s in a research report on Wednesday, July 8th. Weiss Ratings cut Carter’s from a “hold (c-)” rating to a “sell (d+)” rating in a report on Monday, May 4th. Finally, Wells Fargo & Company upgraded Carter’s from an “underweight” rating to an “equal weight” rating and upped their target price for the company from $30.00 to $42.00 in a report on Wednesday, June 17th. Four equities research analysts have rated the stock with a Buy rating, three have given a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $41.17.

Check Out Our Latest Report on Carter’s

About Carter’s

(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.