Carter’s, Inc. (NYSE:CRI) Given Average Rating of “Hold” by Analysts

Shares of Carter’s, Inc. (NYSE:CRI) have been assigned a consensus rating of “Hold” from the nine brokerages that are presently covering the firm, Marketbeat Ratings reports. Three research analysts have rated the stock with a sell recommendation, three have assigned a hold recommendation, two have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1-year price target among analysts that have issued ratings on the stock in the last year is $35.8333.

Several equities research analysts recently issued reports on CRI shares. Monness Crespi & Hardt raised shares of Carter’s from a “neutral” rating to a “buy” rating and set a $45.00 target price for the company in a report on Monday, March 2nd. The Goldman Sachs Group increased their price target on Carter’s from $26.00 to $29.00 and gave the company a “sell” rating in a research note on Tuesday, January 13th. Citigroup upgraded Carter’s from a “neutral” rating to a “buy” rating and increased their target price for the company from $34.00 to $50.00 in a research report on Wednesday, January 21st. Weiss Ratings upgraded shares of Carter’s from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Thursday, March 19th. Finally, Needham & Company LLC assumed coverage on shares of Carter’s in a research note on Thursday. They set a “hold” rating on the stock.

Hedge Funds Weigh In On Carter’s

Large investors have recently modified their holdings of the stock. RWWM Inc. raised its stake in shares of Carter’s by 44.8% during the third quarter. RWWM Inc. now owns 5,900,170 shares of the textile maker’s stock valued at $166,503,000 after acquiring an additional 1,824,379 shares in the last quarter. AQR Capital Management LLC grew its stake in Carter’s by 113.7% in the second quarter. AQR Capital Management LLC now owns 2,564,457 shares of the textile maker’s stock worth $77,267,000 after purchasing an additional 1,364,698 shares in the last quarter. Rubric Capital Management LP purchased a new position in Carter’s during the 4th quarter worth $14,918,000. Allianz Asset Management GmbH increased its holdings in Carter’s by 43.7% during the 3rd quarter. Allianz Asset Management GmbH now owns 1,201,996 shares of the textile maker’s stock worth $33,920,000 after purchasing an additional 365,501 shares during the period. Finally, Quantinno Capital Management LP raised its position in Carter’s by 1,679.7% during the 2nd quarter. Quantinno Capital Management LP now owns 370,791 shares of the textile maker’s stock valued at $11,172,000 after purchasing an additional 349,957 shares in the last quarter.

Carter’s Stock Performance

CRI stock traded down $0.17 during midday trading on Friday, reaching $34.40. 64,493 shares of the company’s stock traded hands, compared to its average volume of 1,301,209. The company has a current ratio of 2.51, a quick ratio of 1.44 and a debt-to-equity ratio of 0.61. Carter’s has a 52-week low of $23.38 and a 52-week high of $44.44. The stock has a market cap of $1.25 billion, a P/E ratio of 13.62, a PEG ratio of 5.19 and a beta of 1.07. The stock’s 50-day moving average is $36.76 and its 200 day moving average is $33.28.

Carter’s (NYSE:CRI) last issued its quarterly earnings results on Friday, February 27th. The textile maker reported $1.90 earnings per share for the quarter, topping the consensus estimate of $1.70 by $0.20. Carter’s had a net margin of 3.17% and a return on equity of 14.45%. The business had revenue of $925.45 million for the quarter, compared to analysts’ expectations of $912.36 million. During the same quarter last year, the company posted $2.39 EPS. The company’s revenue was up 7.7% compared to the same quarter last year. Carter’s has set its Q1 2026 guidance at 0.020-0.080 EPS. As a group, analysts anticipate that Carter’s will post 5.15 EPS for the current year.

Carter’s Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, March 27th. Stockholders of record on Friday, March 13th will be issued a $0.25 dividend. The ex-dividend date is Friday, March 13th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 2.9%. Carter’s’s payout ratio is 39.68%.

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.