Carter’s, Inc. (NYSE:CRI) Short Interest Update

Carter’s, Inc. (NYSE:CRI) was the recipient of a significant decline in short interest in March. As of March 31st, there was short interest totaling 3,264,675 shares, a decline of 14.7% from the March 15th total of 3,826,546 shares. Based on an average daily volume of 1,027,489 shares, the short-interest ratio is currently 3.2 days. Approximately 9.0% of the company’s stock are short sold.

Analyst Ratings Changes

CRI has been the subject of a number of research analyst reports. Weiss Ratings upgraded 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 raised shares of Carter’s from a “neutral” rating to a “buy” rating and set a $45.00 price target on the stock in a research note on Monday, March 2nd. Wall Street Zen upgraded Carter’s from a “hold” rating to a “buy” rating in a report on Saturday. Needham & Company LLC started coverage on Carter’s in a research report on Thursday, March 26th. They set a “hold” rating for the company. Finally, The Goldman Sachs Group upgraded Carter’s from a “neutral” rating to a “buy” rating and set a $38.00 target price on the stock in a research note on Thursday, April 9th. One analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, three have given a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $37.33.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. RWWM Inc. lifted its position in Carter’s by 44.8% during the 3rd quarter. RWWM Inc. now owns 5,900,170 shares of the textile maker’s stock valued at $166,503,000 after purchasing an additional 1,824,379 shares during the period. AQR Capital Management LLC grew its position in shares of Carter’s by 113.7% during the 2nd quarter. AQR Capital Management LLC now owns 2,564,457 shares of the textile maker’s stock worth $77,267,000 after buying an additional 1,364,698 shares during the period. Rubric Capital Management LP bought a new stake in shares of Carter’s during the fourth quarter worth approximately $14,918,000. Allianz Asset Management GmbH lifted its holdings in Carter’s by 43.7% in the third quarter. Allianz Asset Management GmbH now owns 1,201,996 shares of the textile maker’s stock valued at $33,920,000 after buying an additional 365,501 shares during the period. Finally, Quantinno Capital Management LP lifted its holdings in Carter’s by 1,679.7% in the second quarter. Quantinno Capital Management LP now owns 370,791 shares of the textile maker’s stock valued at $11,172,000 after buying an additional 349,957 shares during the period.

Carter’s Stock Performance

Shares of Carter’s stock traded up $1.56 during trading on Friday, reaching $38.51. The company’s stock had a trading volume of 1,808,740 shares, compared to its average volume of 1,032,839. The company has a debt-to-equity ratio of 0.61, a quick ratio of 1.44 and a current ratio of 2.51. The business’s fifty day moving average price is $36.65 and its 200-day moving average price is $33.93. The firm has a market cap of $1.42 billion, a price-to-earnings ratio of 15.28, a price-to-earnings-growth ratio of 5.49 and a beta of 0.98. Carter’s has a one year low of $23.38 and a one year high of $44.44.

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

Carter’s Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 27th. Shareholders of record on Friday, March 13th were given a $0.25 dividend. The ex-dividend date was Friday, March 13th. This represents a $1.00 annualized dividend and a yield of 2.6%. Carter’s’s payout ratio 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.