Salem Investment Counselors Inc. Has $4.06 Million Holdings in Carter’s, Inc. $CRI

Salem Investment Counselors Inc. grew its stake in shares of Carter’s, Inc. (NYSE:CRI) by 37.1% in the 4th quarter, HoldingsChannel reports. The fund owned 125,115 shares of the textile maker’s stock after purchasing an additional 33,845 shares during the quarter. Salem Investment Counselors Inc.’s holdings in Carter’s were worth $4,057,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Murphy Middleton Hinkle & Parker Inc. bought a new position in shares of Carter’s during the fourth quarter worth approximately $440,000. SG Americas Securities LLC boosted its stake in Carter’s by 50.3% in the 4th quarter. SG Americas Securities LLC now owns 30,412 shares of the textile maker’s stock valued at $986,000 after purchasing an additional 10,172 shares during the period. Wealth Enhancement Advisory Services LLC grew its holdings in Carter’s by 12.0% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 10,551 shares of the textile maker’s stock valued at $370,000 after buying an additional 1,129 shares in the last quarter. Caitong International Asset Management Co. Ltd grew its holdings in Carter’s by 555.9% in the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 1,115 shares of the textile maker’s stock valued at $31,000 after buying an additional 945 shares in the last quarter. Finally, Morningstar Investment Management LLC bought a new position in Carter’s during the 3rd quarter worth $845,000.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on the company. UBS Group lifted their target price on Carter’s from $33.00 to $40.00 and gave the stock a “neutral” rating in a report on Thursday, February 19th. Weiss Ratings upgraded shares of Carter’s from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Thursday. Wall Street Zen raised shares of Carter’s from a “sell” rating to a “hold” rating in a research report on Sunday, January 11th. Monness Crespi & Hardt upgraded shares of Carter’s from a “neutral” rating to a “buy” rating and set a $45.00 price objective for the company in a research note on Monday, March 2nd. Finally, The Goldman Sachs Group boosted their price objective 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 issued a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $35.83.

Carter’s Price Performance

Shares of NYSE CRI opened at $34.49 on Tuesday. The business has a fifty day moving average price of $36.87 and a two-hundred day moving average price of $33.22. The stock has a market capitalization of $1.25 billion, a PE ratio of 13.69, a P/E/G ratio of 5.19 and a beta of 1.07. 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, Inc. has a fifty-two week low of $23.38 and a fifty-two week high of $44.44.

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

Carter’s Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 27th. Shareholders of record on Friday, March 13th will be paid a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a yield of 2.9%. The ex-dividend date is Friday, March 13th. Carter’s’s dividend 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.