American Century Companies Inc. Grows Stock Position in Carter’s, Inc. $CRI

American Century Companies Inc. grew its holdings in shares of Carter’s, Inc. (NYSE:CRI) by 6.9% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,349,872 shares of the textile maker’s stock after purchasing an additional 87,374 shares during the quarter. American Century Companies Inc. owned about 3.70% of Carter’s worth $38,093,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in CRI. Amalgamated Bank lifted its holdings in Carter’s by 3.5% during the 3rd quarter. Amalgamated Bank now owns 10,756 shares of the textile maker’s stock worth $304,000 after purchasing an additional 360 shares in the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS raised its stake in Carter’s by 8.5% in the second quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 9,356 shares of the textile maker’s stock valued at $282,000 after purchasing an additional 732 shares in the last quarter. Russell Investments Group Ltd. lifted its position in Carter’s by 4.7% during the second quarter. Russell Investments Group Ltd. now owns 16,482 shares of the textile maker’s stock valued at $497,000 after purchasing an additional 734 shares during the last quarter. Versant Capital Management Inc lifted its position in Carter’s by 135.4% during the third quarter. Versant Capital Management Inc now owns 1,415 shares of the textile maker’s stock valued at $40,000 after purchasing an additional 814 shares during the last quarter. Finally, Exchange Traded Concepts LLC grew its position in Carter’s by 11.3% in the third quarter. Exchange Traded Concepts LLC now owns 8,826 shares of the textile maker’s stock worth $249,000 after acquiring an additional 897 shares in the last quarter.

Analyst Ratings Changes

CRI has been the topic of several recent research reports. Zacks Research upgraded Carter’s from a “hold” rating to a “strong-buy” rating in a research report on Monday, January 19th. Monness Crespi & Hardt upgraded Carter’s from a “neutral” rating to a “buy” rating and set a $45.00 price objective on the stock in a report on Monday, March 2nd. UBS Group boosted their target price on Carter’s from $33.00 to $40.00 and gave the company a “neutral” rating in a research note on Thursday, February 19th. Citigroup upgraded Carter’s from a “neutral” rating to a “buy” rating and increased their target price for the company from $34.00 to $50.00 in a report on Wednesday, January 21st. Finally, The Goldman Sachs Group upped their price target on shares of Carter’s from $26.00 to $29.00 and gave the company a “sell” rating in a report on Tuesday, January 13th. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, two have issued a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat, Carter’s has a consensus rating of “Hold” and a consensus target price of $35.83.

Carter’s Stock Down 3.8%

Shares of CRI stock opened at $33.90 on Friday. The company’s fifty day simple moving average is $36.70 and its two-hundred day simple moving average is $32.60. Carter’s, Inc. has a 52 week low of $23.38 and a 52 week high of $44.44. The stock has a market cap of $1.23 billion, a P/E ratio of 13.45, a PEG ratio of 5.35 and a beta of 1.07. The company has a quick ratio of 1.44, a current ratio of 2.51 and a debt-to-equity ratio of 0.61.

Carter’s (NYSE:CRI) last issued its quarterly earnings data on Friday, February 27th. The textile maker reported $1.90 earnings per share for the quarter, beating analysts’ consensus estimates of $1.70 by $0.20. The firm had revenue of $925.45 million during the quarter, compared to analyst estimates of $912.36 million. Carter’s had a return on equity of 14.45% and a net margin of 3.17%.The business’s quarterly revenue was up 7.7% compared to the same quarter last year. During the same quarter last year, the business posted $2.39 earnings per share. Carter’s has set its Q1 2026 guidance at 0.020-0.080 EPS. Analysts predict that Carter’s, Inc. will post 5.15 EPS for the current fiscal year.

Carter’s Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 27th. Stockholders of record on Friday, March 13th will be paid a $0.25 dividend. This represents a $1.00 annualized dividend and a dividend yield of 2.9%. The ex-dividend date of this dividend is Friday, March 13th. Carter’s’s dividend payout ratio (DPR) is presently 39.68%.

Carter’s Company 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.