SG Americas Securities LLC Lowers Stake in Carter’s, Inc. $CRI

SG Americas Securities LLC decreased its position in Carter’s, Inc. (NYSE:CRI) by 89.0% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,344 shares of the textile maker’s stock after selling 27,068 shares during the quarter. SG Americas Securities LLC’s holdings in Carter’s were worth $120,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the stock. UMB Bank n.a. raised its stake in Carter’s by 445.8% during the fourth quarter. UMB Bank n.a. now owns 775 shares of the textile maker’s stock valued at $25,000 after buying an additional 633 shares in the last quarter. Caitong International Asset Management Co. Ltd raised its holdings in Carter’s by 555.9% during the third 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. EverSource Wealth Advisors LLC lifted 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. boosted its stake in shares of Carter’s by 21.8% during the 4th quarter. Hantz Financial Services Inc. now owns 1,577 shares of the textile maker’s stock worth $51,000 after acquiring an additional 282 shares in the last quarter. Finally, State of Wyoming increased its position in shares of Carter’s by 1,380.6% in the fourth quarter. State of Wyoming now owns 2,132 shares of the textile maker’s stock worth $69,000 after acquiring an additional 1,988 shares in the last quarter.

Carter’s Stock Performance

Carter’s stock opened at $38.55 on Tuesday. Carter’s, Inc. has a 12-month low of $23.38 and a 12-month high of $44.44. The business’s 50-day moving average price is $38.91 and its two-hundred day moving average price is $37.14. The company has a quick ratio of 1.72, a current ratio of 2.80 and a debt-to-equity ratio of 0.61. The stock has a market cap of $1.42 billion, a PE ratio of 15.54 and a beta of 0.86.

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

Carter’s Dividend Announcement

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

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on the stock. Wells Fargo & Company upgraded shares of Carter’s from an “underweight” rating to an “equal weight” rating and increased their target price for the stock from $30.00 to $42.00 in a research report on Wednesday, June 17th. Monness Crespi & Hardt lifted their price target on shares of Carter’s from $45.00 to $50.00 and gave the stock a “buy” rating in a research note on Thursday, May 7th. Needham & Company LLC started coverage on Carter’s in a report on Thursday, March 26th. They set a “hold” rating for the company. The Goldman Sachs Group raised shares of Carter’s from a “neutral” rating to a “buy” rating and set a $38.00 target price for the company in a report on Thursday, April 9th. Finally, UBS Group reissued a “buy” rating on shares of Carter’s in a research report on Wednesday, July 8th. Four research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $41.17.

Carter’s Company Profile

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.