Vanguard Group Inc. Cuts Position in Carter’s, Inc. $CRI

Vanguard Group Inc. decreased its holdings in shares of Carter’s, Inc. (NYSE:CRI) by 2.4% in the fourth quarter, Holdings Channel.com reports. The firm owned 4,124,342 shares of the textile maker’s stock after selling 102,462 shares during the period. Vanguard Group Inc. owned about 0.11% of Carter’s worth $133,752,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Caitong International Asset Management Co. Ltd boosted its stake in Carter’s by 555.9% in the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 1,115 shares of the textile maker’s stock worth $31,000 after purchasing an additional 945 shares in the last quarter. Hantz Financial Services Inc. grew its holdings in shares of Carter’s by 1,208.1% during the third quarter. Hantz Financial Services Inc. now owns 1,295 shares of the textile maker’s stock valued at $37,000 after buying an additional 1,196 shares during the last quarter. Versant Capital Management Inc increased its position in shares of Carter’s by 135.4% during the third quarter. Versant Capital Management Inc now owns 1,415 shares of the textile maker’s stock valued at $40,000 after acquiring an additional 814 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 worth $45,000 after acquiring an additional 995 shares during the last quarter. Finally, PNC Financial Services Group Inc. lifted its position in Carter’s by 97.9% in the 3rd quarter. PNC Financial Services Group Inc. now owns 3,681 shares of the textile maker’s stock valued at $104,000 after acquiring an additional 1,821 shares in the last quarter.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on the company. UBS Group boosted their price target on Carter’s from $40.00 to $41.00 and gave the stock a “neutral” rating in a research note on Monday. 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 research report on Thursday, May 7th. The Goldman Sachs Group upgraded shares of Carter’s from a “neutral” rating to a “buy” rating and set a $38.00 target price on the stock in a research note on Thursday, April 9th. Citigroup upgraded shares of Carter’s from a “neutral” rating to a “buy” rating and lifted their price target for the stock from $34.00 to $50.00 in a research note on Wednesday, January 21st. Finally, Wall Street Zen raised shares of Carter’s from a “hold” rating to a “buy” rating in a report on Saturday, April 18th. One analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, two have assigned a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $39.67.

Carter’s Stock Performance

CRI stock opened at $32.77 on Tuesday. The company has a debt-to-equity ratio of 0.61, a current ratio of 2.80 and a quick ratio of 1.72. Carter’s, Inc. has a 1 year low of $23.38 and a 1 year high of $44.44. The company has a market cap of $1.21 billion, a P/E ratio of 13.21 and a beta of 0.86. The stock’s fifty day moving average price is $35.57 and its 200-day moving average price is $34.69.

Carter’s (NYSE:CRI) last posted its quarterly earnings data on Wednesday, May 6th. The textile maker reported $0.39 EPS for the quarter, beating analysts’ consensus estimates of $0.13 by $0.26. Carter’s had a return on equity of 13.06% and a net margin of 3.07%.The company had revenue of $681.11 million during the quarter, compared to analysts’ expectations of $660.59 million. During the same quarter in the prior year, the business earned $0.66 earnings per share. Carter’s’s revenue for the quarter was up 8.1% compared to the same quarter last year. Carter’s has set its Q2 2026 guidance at 0.020-0.060 EPS. On average, equities analysts forecast that Carter’s, Inc. will post 3.06 earnings per share for the current year.

Carter’s Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 27th. Stockholders of record on Friday, March 13th were paid a $0.25 dividend. This represents a $1.00 annualized dividend and a dividend yield of 3.1%. The ex-dividend date was Friday, March 13th. Carter’s’s dividend payout ratio is 40.32%.

About Carter’s

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.