Carter’s (NYSE:CRI) Shares Pass Above 200 Day Moving Average – Here’s What Happened

Carter’s, Inc. (NYSE:CRI) crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $36.22 and traded as high as $42.66. Carter’s shares last traded at $41.6040, with a volume of 1,333,669 shares trading hands.

Analyst Upgrades and Downgrades

CRI has been the topic of a number of analyst reports. Monness Crespi & Hardt lifted their price target on Carter’s from $45.00 to $50.00 and gave the stock a “buy” rating in a research note on Thursday, May 7th. UBS Group upped their target price on Carter’s from $40.00 to $41.00 and gave the company a “neutral” rating in a report on Monday, May 11th. Wells Fargo & Company upgraded shares of Carter’s from an “underweight” rating to an “equal weight” rating and raised their price objective for the stock from $30.00 to $42.00 in a report on Wednesday, June 17th. Wall Street Zen raised Carter’s from a “hold” rating to a “buy” rating in a research report on Saturday, April 18th. Finally, The Goldman Sachs Group upgraded 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. Three research analysts have rated the stock with a Buy rating, four have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, Carter’s presently has a consensus rating of “Hold” and a consensus target price of $41.17.

Carter’s Trading Up 1.3%

The stock’s 50-day moving average is $37.95 and its two-hundred day moving average is $36.29. The company has a market cap of $1.60 billion, a P/E ratio of 17.47 and a beta of 0.87. 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 (NYSE:CRI) last released its quarterly earnings results on Wednesday, May 6th. The textile maker reported $0.39 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.13 by $0.26. The firm had revenue of $681.11 million for 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 company’s revenue for the quarter was up 8.1% on a year-over-year basis. During the same period last year, the business posted $0.66 EPS. Carter’s has set its Q2 2026 guidance at 0.020-0.060 EPS. As a group, equities research analysts predict that Carter’s, Inc. will post 3.09 earnings per share for the current fiscal year.

Carter’s Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, June 5th. Stockholders of record on Tuesday, May 26th were paid a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a dividend yield of 2.3%. The ex-dividend date was Tuesday, May 26th. Carter’s’s dividend payout ratio (DPR) is currently 40.32%.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the stock. Royal Bank of Canada lifted its holdings in Carter’s by 50.2% during the first quarter. Royal Bank of Canada now owns 40,649 shares of the textile maker’s stock valued at $1,663,000 after purchasing an additional 13,594 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its position in shares of Carter’s by 5.4% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 120,964 shares of the textile maker’s stock valued at $4,947,000 after acquiring an additional 6,195 shares during the last quarter. Russell Investments Group Ltd. grew its stake in shares of Carter’s by 4.7% in the 2nd quarter. Russell Investments Group Ltd. now owns 16,482 shares of the textile maker’s stock worth $497,000 after buying an additional 734 shares in the last quarter. Hsbc Holdings PLC grew its position in Carter’s by 71.5% in the second quarter. Hsbc Holdings PLC now owns 9,390 shares of the textile maker’s stock worth $282,000 after acquiring an additional 3,915 shares in the last quarter. Finally, Invesco Ltd. lifted its stake in shares of Carter’s by 30.4% in the 2nd quarter. Invesco Ltd. now owns 223,731 shares of the textile maker’s stock valued at $6,741,000 after purchasing an additional 52,103 shares during the last quarter.

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.