54,873 Shares in Crocs, Inc. $CROX Acquired by Jupiter Asset Management Ltd.

Jupiter Asset Management Ltd. bought a new stake in Crocs, Inc. (NASDAQ:CROX) during the 4th quarter, HoldingsChannel reports. The institutional investor bought 54,873 shares of the textile maker’s stock, valued at approximately $4,693,000.

Other institutional investors also recently added to or reduced their stakes in the company. LSV Asset Management grew its holdings in Crocs by 33.1% during the 4th quarter. LSV Asset Management now owns 1,474,037 shares of the textile maker’s stock worth $126,060,000 after acquiring an additional 366,537 shares in the last quarter. Dimensional Fund Advisors LP raised its holdings in shares of Crocs by 4.9% in the 3rd quarter. Dimensional Fund Advisors LP now owns 1,435,466 shares of the textile maker’s stock valued at $119,933,000 after purchasing an additional 67,216 shares in the last quarter. AQR Capital Management LLC lifted its position in shares of Crocs by 399.0% during the 3rd quarter. AQR Capital Management LLC now owns 1,266,799 shares of the textile maker’s stock worth $105,841,000 after purchasing an additional 1,012,943 shares during the last quarter. Alliancebernstein L.P. lifted its position in shares of Crocs by 5.8% during the 2nd quarter. Alliancebernstein L.P. now owns 1,180,405 shares of the textile maker’s stock worth $119,551,000 after purchasing an additional 64,672 shares during the last quarter. Finally, Invesco Ltd. grew its stake in shares of Crocs by 8.3% during the third quarter. Invesco Ltd. now owns 767,541 shares of the textile maker’s stock worth $64,128,000 after purchasing an additional 58,734 shares in the last quarter. Hedge funds and other institutional investors own 93.44% of the company’s stock.

Crocs Price Performance

Shares of NASDAQ CROX opened at $118.67 on Friday. The stock has a market cap of $5.90 billion, a P/E ratio of -85.99, a P/E/G ratio of 1.16 and a beta of 1.54. Crocs, Inc. has a twelve month low of $73.21 and a twelve month high of $121.26. The stock has a 50 day moving average of $98.01 and a two-hundred day moving average of $90.19. The company has a current ratio of 1.67, a quick ratio of 1.04 and a debt-to-equity ratio of 0.93.

Crocs (NASDAQ:CROX) last announced its earnings results on Thursday, April 30th. The textile maker reported $2.99 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.78 by $0.21. The business had revenue of $921.46 million for the quarter, compared to analyst estimates of $900.57 million. Crocs had a negative net margin of 2.58% and a positive return on equity of 48.29%. The company’s revenue for the quarter was down 1.7% compared to the same quarter last year. During the same period last year, the firm posted $3.00 earnings per share. Crocs has set its Q2 2026 guidance at 4.150-4.350 EPS and its FY 2026 guidance at 13.200-13.750 EPS. On average, research analysts forecast that Crocs, Inc. will post 13.67 earnings per share for the current year.

Analyst Upgrades and Downgrades

CROX has been the topic of several recent analyst reports. UBS Group increased their target price on Crocs from $97.00 to $107.00 and gave the company a “neutral” rating in a report on Friday, May 1st. Needham & Company LLC upped their price objective on Crocs from $118.00 to $132.00 and gave the stock a “buy” rating in a research report on Tuesday, April 21st. Williams Trading upgraded Crocs from a “hold” rating to a “strong-buy” rating in a report on Wednesday, April 8th. Barclays raised their target price on Crocs from $109.00 to $110.00 and gave the stock an “equal weight” rating in a research report on Friday, May 1st. Finally, Monness Crespi & Hardt boosted their target price on Crocs from $100.00 to $130.00 and gave the stock a “buy” rating in a research note on Friday, February 13th. One investment analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, eight have given a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat, Crocs has an average rating of “Hold” and a consensus target price of $103.73.

Crocs Company Profile

Crocs, Inc is a global footwear designer, developer and distributor best known for its lightweight, proprietary Croslite™ foam-clog construction. The company’s product portfolio encompasses a range of styles, including clogs, sandals, slides, boots and sneakers, all featuring the slip-resistant, odor-resistant and cushion-providing qualities of the Croslite material. Crocs distributes its products through an omnichannel network that includes e-commerce platforms, company-owned retail stores, authorized dealers and wholesale partners.

Founded in 2002 by Scott Seamans, Lyndon “Duke” Hanson and George Boedecker Jr., Crocs launched its first clog on the island of Vail, Colorado.