16,200 Shares in Carter’s, Inc. $CRI Purchased by Louisiana State Employees Retirement System

by · The Markets Daily

Louisiana State Employees Retirement System purchased a new stake in shares of Carter’s, Inc. (NYSE:CRI – Free Report) during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 16,200 shares of the textile maker’s stock, valued at approximately $579,000.

Several other institutional investors and hedge funds have also bought and sold shares of the business. UMB Bank n.a. increased its stake in shares of 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 buying an additional 633 shares during the period. Caitong International Asset Management Co. Ltd lifted its stake in 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 acquiring an additional 945 shares during the period. EverSource Wealth Advisors LLC boosted its holdings in Carter’s by 202.6% in the second 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 in the last quarter. Hantz Financial Services Inc. boosted its holdings in Carter’s by 21.8% in the fourth 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 in the last quarter. Finally, State of Wyoming increased its position in Carter’s by 1,380.6% during the 4th quarter. State of Wyoming now owns 2,132 shares of the textile maker’s stock valued at $69,000 after purchasing an additional 1,988 shares during the period.

Carter’s Stock Up 2.0%

Shares of NYSE:CRI opened at $39.87 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 stock has a fifty day simple moving average of $38.77 and a two-hundred day simple moving average of $36.94. Carter’s, Inc. has a 12-month low of $23.38 and a 12-month high of $44.44. The stock has a market capitalization of $1.47 billion, a price-to-earnings ratio of 16.08 and a beta of 0.86.

Carter’s (NYSE:CRI – Get Free Report) last released its earnings results on Wednesday, May 6th. The textile maker reported $0.39 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 analysts’ expectations of $660.59 million. Carter’s had a return on equity of 13.06% and a net margin of 3.07%.The company’s quarterly revenue was up 8.1% on a year-over-year basis. During the same period in the prior year, the firm posted $0.66 earnings per share. Carter’s has set its Q2 2026 guidance at 0.020-0.060 EPS. On average, research analysts anticipate that Carter’s, Inc. will post 3.09 earnings per share for the current fiscal year.

Carter’s Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, June 5th. Shareholders 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 annualized dividend and a yield of 2.5%. Carter’s’s payout ratio is 40.32%.

Wall Street Analyst Weigh In

Several research analysts have commented on CRI shares. Monness Crespi & Hardt upped their price objective on shares of Carter’s from $45.00 to $50.00 and gave the stock a “buy” rating in a report on Thursday, May 7th. Weiss Ratings cut shares of Carter’s from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Monday, May 4th. Zacks Research downgraded shares of Carter’s from a “strong-buy” rating to a “hold” rating in a research note on Monday, May 25th. Wall Street Zen raised Carter’s from a “hold” rating to a “buy” rating in a research report on Saturday, April 18th. Finally, Needham & Company LLC began coverage on Carter’s in a report on Thursday, March 26th. They set a “hold” rating on the stock. Three analysts have rated the stock with a Buy rating, four have issued a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, Carter’s presently has a consensus rating of “Hold” and an average target price of $41.17.

Get Our Latest Analysis on Carter’s

Carter’s Profile

(Free Report)

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.

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