Carter’s (NYSE:CRI) Now Covered by Needham & Company LLC

Needham & Company LLC began coverage on shares of Carter’s (NYSE:CRI) in a research report report published on Thursday, Marketbeat Ratings reports. The firm issued a hold rating on the textile maker’s stock.

Several other equities research analysts have also recently weighed in on the stock. Weiss Ratings raised shares of Carter’s from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Thursday, March 19th. Monness Crespi & Hardt upgraded shares of Carter’s from a “neutral” rating to a “buy” rating and set a $45.00 price objective on the stock in a research report on Monday, March 2nd. Wall Street Zen upgraded shares of Carter’s from a “sell” rating to a “hold” rating in a report on Sunday, January 11th. UBS Group raised their target price on Carter’s from $33.00 to $40.00 and gave the stock a “neutral” rating in a research note on Thursday, February 19th. Finally, The Goldman Sachs Group boosted their price target on Carter’s from $26.00 to $29.00 and gave the company a “sell” rating in a report on Tuesday, January 13th. One analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, three have given a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $35.83.

Carter’s Price Performance

Shares of Carter’s stock opened at $34.48 on Thursday. The company has a debt-to-equity ratio of 0.61, a current ratio of 2.51 and a quick ratio of 1.44. Carter’s has a one year low of $23.38 and a one year high of $44.44. The business’s 50 day simple moving average is $36.76 and its two-hundred day simple moving average is $33.28. The stock has a market capitalization of $1.25 billion, a P/E ratio of 13.68, a price-to-earnings-growth ratio of 5.19 and a beta of 1.07.

Carter’s (NYSE:CRI) last released 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. Carter’s had a return on equity of 14.45% and a net margin of 3.17%.The firm had revenue of $925.45 million during the quarter, compared to analyst estimates of $912.36 million. During the same quarter in the prior year, the firm posted $2.39 earnings per share. The business’s quarterly revenue was up 7.7% compared to the same quarter last year. Carter’s has set its Q1 2026 guidance at 0.020-0.080 EPS. Analysts forecast that Carter’s will post 5.15 EPS for the current year.

Carter’s Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, March 27th. Stockholders of record on Friday, March 13th will be given a $0.25 dividend. The ex-dividend date of this dividend is Friday, March 13th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 2.9%. Carter’s’s dividend payout ratio is currently 39.68%.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the business. Royal Bank of Canada grew its holdings in Carter’s by 50.2% in the first quarter. Royal Bank of Canada now owns 40,649 shares of the textile maker’s stock worth $1,663,000 after purchasing an additional 13,594 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake in shares of Carter’s by 5.4% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 120,964 shares of the textile maker’s stock valued at $4,947,000 after purchasing an additional 6,195 shares in the last quarter. Geode Capital Management LLC lifted its holdings in shares of Carter’s by 45.1% during the second quarter. Geode Capital Management LLC now owns 856,237 shares of the textile maker’s stock valued at $25,802,000 after purchasing an additional 266,336 shares during the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS lifted its holdings in shares of Carter’s by 8.5% during 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 during the last quarter. Finally, SG Americas Securities LLC bought a new stake in shares of Carter’s in the 2nd quarter worth approximately $256,000.

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.