Aristides Capital LLC Boosts Stake in Carter’s, Inc. $CRI

Aristides Capital LLC boosted its stake in shares of Carter’s, Inc. (NYSE:CRI) by 123.3% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 163,949 shares of the textile maker’s stock after purchasing an additional 90,533 shares during the period. Carter’s comprises 1.0% of Aristides Capital LLC’s portfolio, making the stock its 17th largest holding. Aristides Capital LLC’s holdings in Carter’s were worth $5,863,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also added to or reduced their stakes in CRI. AQR Capital Management LLC raised its holdings in Carter’s by 113.7% during the second quarter. AQR Capital Management LLC now owns 2,564,457 shares of the textile maker’s stock valued at $77,267,000 after acquiring an additional 1,364,698 shares during the period. Dimensional Fund Advisors LP grew its position in shares of Carter’s by 36.6% during the first quarter. Dimensional Fund Advisors LP now owns 1,765,205 shares of the textile maker’s stock worth $63,121,000 after purchasing an additional 472,786 shares in the last quarter. Morgan Stanley raised its stake in Carter’s by 15.7% during the 4th quarter. Morgan Stanley now owns 1,762,036 shares of the textile maker’s stock valued at $57,143,000 after purchasing an additional 239,469 shares during the period. Charles Schwab Investment Management Inc. lifted its holdings in Carter’s by 5.4% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,597,901 shares of the textile maker’s stock worth $51,820,000 after purchasing an additional 82,498 shares in the last quarter. Finally, UBS Group AG boosted its position in shares of Carter’s by 29.6% during the fourth quarter. UBS Group AG now owns 1,349,777 shares of the textile maker’s stock worth $43,773,000 after acquiring an additional 308,347 shares during the last quarter.

Carter’s Trading Down 2.1%

CRI opened at $37.50 on Friday. The stock has a market cap of $1.38 billion, a price-to-earnings ratio of 15.12 and a beta of 0.86. The stock’s 50 day moving average price is $39.54 and its 200-day moving average price is $37.47. Carter’s, Inc. has a one year low of $23.38 and a one year high of $44.44. The company has a debt-to-equity ratio of 0.61, a quick ratio of 1.72 and a current ratio of 2.80.

Carter’s (NYSE:CRI) last posted its quarterly earnings data on Wednesday, May 6th. The textile maker reported $0.39 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.13 by $0.26. The company had revenue of $681.11 million during 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%.Carter’s’s revenue was up 8.1% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.66 EPS. Carter’s has set its Q2 2026 guidance at 0.020-0.060 EPS. On average, equities analysts forecast that Carter’s, Inc. will post 3.09 EPS for the current year.

Carter’s Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, June 5th. Shareholders of record on Tuesday, May 26th were paid a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a yield of 2.7%. The ex-dividend date was Tuesday, May 26th. Carter’s’s dividend payout ratio is currently 40.32%.

Analysts Set New Price Targets

A number of research analysts have recently weighed in on the company. UBS Group restated a “buy” rating on shares of Carter’s in a research report on Wednesday, July 8th. Wells Fargo & Company upgraded Carter’s from an “underweight” rating to an “equal weight” rating and raised their price target for the company from $30.00 to $42.00 in a report on Wednesday, June 17th. Zacks Research downgraded Carter’s from a “strong-buy” rating to a “hold” rating in a research note on Monday, May 25th. The Goldman Sachs Group raised Carter’s from a “neutral” rating to a “buy” rating and set a $38.00 price objective on the stock in a report on Thursday, April 9th. Finally, Wall Street Zen raised shares of Carter’s from a “hold” rating to a “buy” rating in a report on Saturday, April 18th. Four investment analysts have rated the stock with a Buy rating, three have given a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $41.17.

Carter’s 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.