LSV Asset Management Purchases 366,537 Shares of Crocs, Inc. $CROX

LSV Asset Management increased its position in Crocs, Inc. (NASDAQ:CROX) by 33.1% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,474,037 shares of the textile maker’s stock after purchasing an additional 366,537 shares during the period. LSV Asset Management’s holdings in Crocs were worth $126,060,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently made changes to their positions in CROX. AQR Capital Management LLC increased its position in shares of Crocs by 399.0% during the 3rd quarter. AQR Capital Management LLC now owns 1,266,799 shares of the textile maker’s stock valued at $105,841,000 after purchasing an additional 1,012,943 shares during the last quarter. Smead Capital Management Inc. purchased a new stake in shares of Crocs during the 3rd quarter valued at about $52,978,000. American Century Companies Inc. increased its position in shares of Crocs by 144.4% during the 3rd quarter. American Century Companies Inc. now owns 717,402 shares of the textile maker’s stock valued at $59,939,000 after purchasing an additional 423,817 shares during the last quarter. Voss Capital LP increased its position in shares of Crocs by 65.2% during the 3rd quarter. Voss Capital LP now owns 665,000 shares of the textile maker’s stock valued at $55,561,000 after purchasing an additional 262,500 shares during the last quarter. Finally, Two Sigma Investments LP increased its position in shares of Crocs by 1,171.9% during the 3rd quarter. Two Sigma Investments LP now owns 162,040 shares of the textile maker’s stock valued at $13,538,000 after purchasing an additional 149,300 shares during the last quarter. Hedge funds and other institutional investors own 93.44% of the company’s stock.

Crocs Stock Up 1.4%

NASDAQ CROX opened at $110.44 on Friday. The company has a debt-to-equity ratio of 0.93, a quick ratio of 1.04 and a current ratio of 1.67. The company has a market capitalization of $5.49 billion, a P/E ratio of -80.03, a P/E/G ratio of 1.08 and a beta of 1.54. Crocs, Inc. has a one year low of $73.21 and a one year high of $113.16. The stock has a 50 day moving average price of $94.25 and a 200-day moving average price of $88.89.

Crocs (NASDAQ:CROX) last posted its earnings results on Thursday, April 30th. The textile maker reported $2.99 EPS for the quarter, beating analysts’ consensus estimates of $2.78 by $0.21. The firm had revenue of $921.46 million during the quarter, compared to the consensus estimate of $900.57 million. Crocs had a positive return on equity of 48.29% and a negative net margin of 2.58%.The company’s quarterly revenue was down 1.7% compared to the same quarter last year. During the same period in the prior year, the company earned $3.00 EPS. Crocs has set its Q2 2026 guidance at 4.150-4.350 EPS and its FY 2026 guidance at 13.200-13.750 EPS. As a group, equities analysts predict that Crocs, Inc. will post 13.67 EPS for the current fiscal year.

Analyst Ratings Changes

Several research firms have recently commented on CROX. Stifel Nicolaus upped their price target on shares of Crocs from $90.00 to $99.00 and gave the company a “hold” rating in a research report on Friday, February 13th. Piper Sandler reaffirmed a “neutral” rating and set a $95.00 price target on shares of Crocs in a research report on Thursday, February 12th. Williams Trading raised shares of Crocs from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, April 8th. Barclays increased their target price on shares of Crocs from $109.00 to $110.00 and gave the stock an “equal weight” rating in a report on Friday, May 1st. Finally, Weiss Ratings downgraded Crocs from a “hold (c-)” rating to a “sell (d)” rating in a research note on Monday, February 23rd. One investment analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, eight have issued a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat.com, Crocs has an average rating of “Hold” and a consensus price target of $103.73.

Crocs Profile

Crocs, Inc is a global footwear designer, developer and distributor best known for its lightweight, proprietary Croslite™ foam-clog construction. The company’s product portfolio encompasses a range of styles, including clogs, sandals, slides, boots and sneakers, all featuring the slip-resistant, odor-resistant and cushion-providing qualities of the Croslite material. Crocs distributes its products through an omnichannel network that includes e-commerce platforms, company-owned retail stores, authorized dealers and wholesale partners.

Founded in 2002 by Scott Seamans, Lyndon “Duke” Hanson and George Boedecker Jr., Crocs launched its first clog on the island of Vail, Colorado.