RWWM Inc. Has $83.76 Million Holdings in Carter’s, Inc. $CRI

RWWM Inc. lowered its holdings in shares of Carter’s, Inc. (NYSE:CRI) by 48.1% in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 2,342,359 shares of the textile maker’s stock after selling 2,173,964 shares during the quarter. Carter’s makes up approximately 6.1% of RWWM Inc.’s holdings, making the stock its 7th biggest position. RWWM Inc. owned about 0.06% of Carter’s worth $83,763,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of CRI. UMB Bank n.a. lifted its position 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 purchasing an additional 633 shares in the last quarter. Caitong International Asset Management Co. Ltd raised its stake in shares of Carter’s by 555.9% in the third quarter. Caitong International Asset Management Co. Ltd now owns 1,115 shares of the textile maker’s stock worth $31,000 after buying an additional 945 shares during the period. EverSource Wealth Advisors LLC grew its stake in shares of Carter’s by 202.6% during 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 period. Hantz Financial Services Inc. grew 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 valued at $51,000 after acquiring an additional 282 shares during the period. Finally, State of Wyoming increased its holdings in Carter’s by 1,380.6% in the 4th 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 Price Performance

NYSE:CRI opened at $38.04 on Wednesday. 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 company has a market capitalization of $1.40 billion, a P/E ratio of 15.34 and a beta of 0.86. 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 is $39.01 and its 200 day moving average is $37.18.

Carter’s (NYSE:CRI) last released its quarterly earnings results on Wednesday, May 6th. The textile maker reported $0.39 earnings per share for the quarter, beating the consensus estimate of $0.13 by $0.26. Carter’s had a return on equity of 13.06% and a net margin of 3.07%.The business had revenue of $681.11 million during the quarter, compared to analysts’ expectations of $660.59 million. During the same quarter last year, the business posted $0.66 EPS. The firm’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 research analysts forecast that Carter’s, Inc. will post 3.09 earnings per share for the current fiscal year.

Carter’s Dividend Announcement

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

Wall Street Analysts Forecast Growth

CRI has been the subject of a number of analyst reports. UBS Group reissued a “buy” rating on shares of Carter’s in a research note on Wednesday, July 8th. Weiss Ratings lowered Carter’s from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Monday, May 4th. Zacks Research downgraded Carter’s from a “strong-buy” rating to a “hold” rating in a research note on Monday, May 25th. Monness Crespi & Hardt increased their price objective on shares of Carter’s from $45.00 to $50.00 and gave the company a “buy” rating in a report on Thursday, May 7th. Finally, Wall Street Zen upgraded shares of Carter’s from a “hold” rating to a “buy” rating in a research report on Saturday, April 18th. Four research analysts have rated the stock with a Buy rating, three have issued a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average 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.