OMERS ADMINISTRATION Corp Boosts Holdings in Crocs, Inc. $CROX

OMERS ADMINISTRATION Corp raised its stake in Crocs, Inc. (NASDAQ:CROX) by 31.9% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 31,018 shares of the textile maker’s stock after acquiring an additional 7,500 shares during the quarter. OMERS ADMINISTRATION Corp’s holdings in Crocs were worth $2,575,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. AQR Capital Management LLC increased its position in Crocs by 399.0% in the third quarter. AQR Capital Management LLC now owns 1,266,799 shares of the textile maker’s stock worth $105,841,000 after buying an additional 1,012,943 shares during the last quarter. Norges Bank bought a new position in shares of Crocs during the 4th quarter worth $67,545,000. Himalaya Capital Management LLC bought a new position in shares of Crocs during the 4th quarter worth $53,720,000. Fuller & Thaler Asset Management Inc. increased its holdings in Crocs by 78.7% in the 4th quarter. Fuller & Thaler Asset Management Inc. now owns 907,988 shares of the textile maker’s stock worth $77,651,000 after acquiring an additional 399,964 shares during the last quarter. Finally, LSV Asset Management raised its stake in Crocs by 33.1% in the 4th quarter. LSV Asset Management now owns 1,474,037 shares of the textile maker’s stock valued at $126,060,000 after acquiring an additional 366,537 shares during the period. 93.44% of the stock is owned by institutional investors.

Crocs Stock Performance

Shares of NASDAQ CROX opened at $135.94 on Wednesday. The stock’s 50-day moving average is $124.60 and its 200 day moving average is $102.59. The stock has a market cap of $6.75 billion, a price-to-earnings ratio of -98.51, a P/E/G ratio of 1.39 and a beta of 1.55. Crocs, Inc. has a 1-year low of $73.21 and a 1-year high of $140.42. 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 issued its earnings results on Thursday, April 30th. The textile maker reported $2.99 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.78 by $0.21. The business had revenue of $921.46 million during the quarter, compared to analyst estimates of $900.57 million. Crocs had a positive return on equity of 48.29% and a negative net margin of 2.58%.Crocs’s revenue for the quarter was down 1.7% on a year-over-year basis. During the same quarter in the prior year, the firm earned $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, sell-side analysts anticipate that Crocs, Inc. will post 13.66 EPS for the current fiscal year.

Insider Activity at Crocs

In related news, CEO Andrew Rees sold 32,688 shares of Crocs stock in a transaction on Friday, June 5th. The shares were sold at an average price of $118.09, for a total value of $3,860,125.92. Following the transaction, the chief executive officer owned 743,293 shares in the company, valued at $87,775,470.37. This trade represents a 4.21% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 3.10% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have weighed in on CROX. Williams Trading set a $150.00 target price on shares of Crocs in a research report on Tuesday, June 9th. Bank of America increased their target price on Crocs from $145.00 to $160.00 and gave the stock a “buy” rating in a research report on Thursday, July 23rd. UBS Group raised Crocs from a “neutral” rating to a “buy” rating in a report on Monday, June 8th. Deutsche Bank Aktiengesellschaft assumed coverage on Crocs in a research report on Monday, June 8th. They issued a “buy” rating for the company. Finally, Piper Sandler upgraded Crocs from a “neutral” rating to an “overweight” rating and boosted their price objective for the company from $95.00 to $150.00 in a research note on Friday, June 26th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, six have assigned a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $128.00.

About Crocs

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.