Intech Investment Management LLC Trims Stock Holdings in Crocs, Inc. $CROX

Intech Investment Management LLC decreased its stake in Crocs, Inc. (NASDAQ:CROX) by 63.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 11,890 shares of the textile maker’s stock after selling 20,713 shares during the quarter. Intech Investment Management LLC’s holdings in Crocs were worth $1,017,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. LSV Asset Management increased its position in Crocs by 33.1% in the fourth quarter. LSV Asset Management now owns 1,474,037 shares of the textile maker’s stock worth $126,060,000 after buying an additional 366,537 shares in the last quarter. Dimensional Fund Advisors LP increased its position in Crocs by 4.9% in the third quarter. Dimensional Fund Advisors LP now owns 1,435,466 shares of the textile maker’s stock worth $119,933,000 after buying an additional 67,216 shares in the last quarter. AQR Capital Management LLC increased its position in Crocs by 399.0% in the third quarter. AQR Capital Management LLC now owns 1,266,799 shares of the textile maker’s stock worth $105,841,000 after buying an additional 1,012,943 shares in the last quarter. Alliancebernstein L.P. increased its position in Crocs by 5.8% in the second quarter. Alliancebernstein L.P. now owns 1,180,405 shares of the textile maker’s stock worth $119,551,000 after buying an additional 64,672 shares in the last quarter. Finally, Invesco Ltd. increased its position in Crocs by 8.3% in the third quarter. Invesco Ltd. now owns 767,541 shares of the textile maker’s stock worth $64,128,000 after buying an additional 58,734 shares in the last quarter. Hedge funds and other institutional investors own 93.44% of the company’s stock.

Crocs Price Performance

NASDAQ:CROX opened at $119.35 on Monday. The company has a quick ratio of 1.04, a current ratio of 1.67 and a debt-to-equity ratio of 0.93. The business’s 50-day simple moving average is $102.07 and its two-hundred day simple moving average is $91.86. The stock has a market cap of $5.93 billion, a PE ratio of -86.48, a P/E/G ratio of 1.23 and a beta of 1.57. Crocs, Inc. has a 52 week low of $73.21 and a 52 week high of $122.34.

Crocs (NASDAQ:CROX) last issued its earnings results on Thursday, April 30th. The textile maker reported $2.99 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.78 by $0.21. Crocs had a positive return on equity of 48.29% and a negative net margin of 2.58%.The firm had revenue of $921.46 million for the quarter, compared to analysts’ expectations of $900.57 million. During the same period in the previous year, the firm posted $3.00 earnings per share. The business’s revenue was down 1.7% compared to the same quarter last year. 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, analysts forecast that Crocs, Inc. will post 13.67 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of equities research analysts have commented on CROX shares. Weiss Ratings cut Crocs from a “hold (c-)” rating to a “sell (d)” rating in a report on Monday, February 23rd. Monness Crespi & Hardt raised their price target on Crocs from $100.00 to $130.00 and gave the company a “buy” rating in a report on Friday, February 13th. BTIG Research started coverage on Crocs in a report on Tuesday, March 10th. They set a “neutral” rating on the stock. Seaport Research Partners raised Crocs from a “neutral” rating to a “buy” rating and set a $135.00 price target on the stock in a report on Tuesday, April 14th. Finally, UBS Group raised their price target on Crocs from $97.00 to $107.00 and gave the company a “neutral” rating in a report on Friday, May 1st. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, eight have issued a Hold rating and three have given a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $108.00.

About Crocs

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.