Baird Financial Group Inc. Grows Stock Position in Crocs, Inc. $CROX

Baird Financial Group Inc. grew its position in shares of Crocs, Inc. (NASDAQ:CROX) by 9.1% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 274,171 shares of the textile maker’s stock after buying an additional 22,941 shares during the period. Baird Financial Group Inc. owned 0.50% of Crocs worth $27,768,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Brooklyn Investment Group purchased a new stake in Crocs in the 1st quarter worth about $40,000. Allworth Financial LP boosted its position in Crocs by 120.7% during the second quarter. Allworth Financial LP now owns 448 shares of the textile maker’s stock worth $45,000 after purchasing an additional 245 shares during the period. Ameritas Advisory Services LLC purchased a new position in shares of Crocs in the second quarter worth about $48,000. Employees Retirement System of Texas purchased a new position in shares of Crocs in the second quarter worth about $49,000. Finally, BNP PARIBAS ASSET MANAGEMENT Holding S.A. bought a new stake in shares of Crocs in the second quarter valued at approximately $58,000. Institutional investors own 93.44% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms recently commented on CROX. Bank of America cut their price objective on shares of Crocs from $99.00 to $98.00 and set a “buy” rating for the company in a report on Tuesday, October 21st. KeyCorp dropped their target price on Crocs from $120.00 to $95.00 and set an “overweight” rating on the stock in a research report on Friday, August 8th. UBS Group reaffirmed a “neutral” rating and issued a $85.00 price target on shares of Crocs in a report on Friday. Citigroup lowered Crocs to a “negative” rating in a research note on Tuesday, October 7th. Finally, Stifel Nicolaus increased their price objective on Crocs from $85.00 to $90.00 and gave the stock a “hold” rating in a report on Friday, October 31st. One equities research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, five have given a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $103.42.

Crocs Stock Performance

Crocs stock opened at $89.70 on Friday. Crocs, Inc. has a fifty-two week low of $73.21 and a fifty-two week high of $122.84. The company has a debt-to-equity ratio of 0.97, a quick ratio of 0.83 and a current ratio of 1.40. The stock has a market cap of $4.66 billion, a P/E ratio of 29.22 and a beta of 1.54. The firm’s fifty day moving average price is $81.95 and its 200-day moving average price is $90.70.

Crocs (NASDAQ:CROX) last released its earnings results on Thursday, October 30th. The textile maker reported $2.92 EPS for the quarter, beating analysts’ consensus estimates of $2.36 by $0.56. Crocs had a return on equity of 43.14% and a net margin of 4.48%.The business had revenue of $996.30 million for the quarter, compared to analysts’ expectations of $960.14 million. During the same quarter in the prior year, the firm earned $3.60 earnings per share. The firm’s revenue was down 6.2% on a year-over-year basis. Crocs has set its Q4 2025 guidance at 1.820-1.92 EPS. On average, equities research analysts expect that Crocs, Inc. will post 13.2 earnings per share for the current fiscal year.

Insider Activity at Crocs

In other news, Director John B. Replogle acquired 3,000 shares of the firm’s stock in a transaction that occurred on Tuesday, November 11th. The shares were bought at an average cost of $74.50 per share, with a total value of $223,500.00. Following the acquisition, the director owned 18,417 shares in the company, valued at approximately $1,372,066.50. This represents a 19.46% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 3.00% of the company’s stock.

About Crocs

Crocs, Inc, together with its subsidiaries, designs, develops, manufactures, markets, distributes, and sells casual lifestyle footwear and accessories for men, women, and children under Crocs and HEYDUDE Brand in the United States and internationally. The company offers various footwear products, including clogs, sandals, slides, flips, wedges, platforms, socks, boots, charms, flip flops, sneakers, and slippers.