Cinctive Capital Management LP Makes New $779,000 Investment in Carter’s, Inc. $CRI

Cinctive Capital Management LP purchased a new stake in Carter’s, Inc. (NYSE:CRI) in the 3rd quarter, HoldingsChannel reports. The fund purchased 27,617 shares of the textile maker’s stock, valued at approximately $779,000.

Several other institutional investors have also recently made changes to their positions in the stock. RWWM Inc. grew its stake in shares of Carter’s by 44.8% in the 3rd quarter. RWWM Inc. now owns 5,900,170 shares of the textile maker’s stock valued at $166,503,000 after buying an additional 1,824,379 shares during the period. Vanguard Group Inc. raised its stake in Carter’s by 1.1% during the 3rd quarter. Vanguard Group Inc. now owns 4,226,804 shares of the textile maker’s stock worth $119,280,000 after buying an additional 46,560 shares during the period. AQR Capital Management LLC raised its stake in Carter’s by 113.7% during the 2nd quarter. AQR Capital Management LLC now owns 2,564,457 shares of the textile maker’s stock worth $77,267,000 after buying an additional 1,364,698 shares during the period. American Century Companies Inc. boosted its holdings in Carter’s by 6.9% in the third quarter. American Century Companies Inc. now owns 1,349,872 shares of the textile maker’s stock worth $38,093,000 after acquiring an additional 87,374 shares in the last quarter. Finally, Allianz Asset Management GmbH boosted its holdings in Carter’s by 43.7% in the third quarter. Allianz Asset Management GmbH now owns 1,201,996 shares of the textile maker’s stock worth $33,920,000 after acquiring an additional 365,501 shares in the last quarter.

Carter’s Price Performance

CRI stock opened at $35.12 on Tuesday. The company has a debt-to-equity ratio of 0.61, a quick ratio of 1.44 and a current ratio of 2.51. The business has a 50-day simple moving average of $36.92 and a two-hundred day simple moving average of $33.01. The company has a market capitalization of $1.28 billion, a P/E ratio of 13.94, a price-to-earnings-growth ratio of 5.26 and a beta of 1.07. Carter’s, Inc. has a 52-week low of $23.38 and a 52-week high of $44.44.

Carter’s (NYSE:CRI) last issued its quarterly earnings data on Friday, February 27th. The textile maker reported $1.90 EPS for the quarter, topping the consensus estimate of $1.70 by $0.20. Carter’s had a return on equity of 14.45% and a net margin of 3.17%.The firm had revenue of $925.45 million during the quarter, compared to the consensus estimate of $912.36 million. During the same period in the prior year, the business posted $2.39 earnings per share. The company’s quarterly 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. Research analysts expect that Carter’s, Inc. will post 5.15 EPS for the current fiscal year.

Carter’s Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, March 27th. Investors of record on Friday, March 13th will be given a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a yield of 2.8%. The ex-dividend date of this dividend is Friday, March 13th. Carter’s’s dividend payout ratio is presently 39.68%.

Analysts Set New Price Targets

Several equities research analysts have recently commented on CRI shares. Zacks Research upgraded Carter’s from a “hold” rating to a “strong-buy” rating in a report on Monday, January 19th. UBS Group increased their target price on Carter’s from $33.00 to $40.00 and gave the stock a “neutral” rating in a report on Thursday, February 19th. Monness Crespi & Hardt raised shares of Carter’s from a “neutral” rating to a “buy” rating and set a $45.00 price target for the company in a research report on Monday, March 2nd. The Goldman Sachs Group boosted their price target on shares of Carter’s from $26.00 to $29.00 and gave the company a “sell” rating in a research note on Tuesday, January 13th. Finally, Weiss Ratings downgraded shares of Carter’s from a “hold (c-)” rating to a “sell (d+)” rating in a report on Thursday, March 5th. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, one has assigned a Hold rating and four have assigned a Sell rating to the stock. According to data from MarketBeat, Carter’s presently has an average rating of “Hold” and a consensus target price of $35.83.

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.