Royce & Associates LP Acquires 51,088 Shares of Carter’s, Inc. $CRI

Royce & Associates LP grew its holdings in shares of Carter’s, Inc. (NYSE:CRI) by 26.4% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 244,360 shares of the textile maker’s stock after purchasing an additional 51,088 shares during the period. Royce & Associates LP’s holdings in Carter’s were worth $7,925,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. New Age Alpha Advisors LLC bought a new stake in Carter’s during the 4th quarter worth about $2,156,000. Hantz Financial Services Inc. raised its holdings in shares of 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 purchasing an additional 282 shares during the period. PNC Financial Services Group Inc. raised its holdings in Carter’s by 13.0% in the 4th quarter. PNC Financial Services Group Inc. now owns 4,160 shares of the textile maker’s stock valued at $135,000 after acquiring an additional 479 shares during the period. ProShare Advisors LLC bought a new position in Carter’s in the 4th quarter valued at about $225,000. Finally, Pacific Ridge Capital Partners LLC raised its holdings in Carter’s by 18.0% in the 4th quarter. Pacific Ridge Capital Partners LLC now owns 43,255 shares of the textile maker’s stock valued at $1,403,000 after acquiring an additional 6,583 shares during the period.

Carter’s Trading Up 2.1%

NYSE:CRI opened at $40.20 on Friday. The company has a current ratio of 2.80, a quick ratio of 1.72 and a debt-to-equity ratio of 0.61. The stock has a market capitalization of $1.48 billion, a price-to-earnings ratio of 16.21 and a beta of 0.86. The firm has a fifty day simple moving average of $36.03 and a two-hundred day simple moving average of $35.14. Carter’s, Inc. has a 12 month low of $23.38 and a 12 month high of $44.44.

Carter’s (NYSE:CRI) last posted its quarterly earnings results on Wednesday, May 6th. The textile maker reported $0.39 EPS for the quarter, topping analysts’ consensus estimates 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 quarterly revenue was up 8.1% on a year-over-year basis. During the same period last year, the company posted $0.66 earnings per share. Carter’s has set its Q2 2026 guidance at 0.020-0.060 EPS. Analysts expect that Carter’s, Inc. will post 3.09 EPS for the current fiscal year.

Carter’s Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 5th. Stockholders of record on Tuesday, May 26th will be issued a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a dividend yield of 2.5%. The ex-dividend date is Tuesday, May 26th. Carter’s’s dividend payout ratio (DPR) is currently 40.32%.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on CRI shares. Weiss Ratings lowered shares of Carter’s from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Monday, May 4th. Zacks Research lowered shares of Carter’s from a “strong-buy” rating to a “hold” rating in a research report on Monday. Wall Street Zen raised shares of Carter’s from a “hold” rating to a “buy” rating in a research note on Saturday, April 18th. Wells Fargo & Company raised their price target on shares of Carter’s from $28.00 to $33.00 and gave the company an “underweight” rating in a research note on Wednesday, April 29th. Finally, Monness Crespi & Hardt raised their price target on shares of Carter’s from $45.00 to $50.00 and gave the company a “buy” rating in a research note on Thursday, May 7th. Three research analysts have rated the stock with a Buy rating, three have given a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $39.67.

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.