New Age Alpha Advisors LLC Makes New Investment in Carter’s, Inc. $CRI

New Age Alpha Advisors LLC acquired a new position in Carter’s, Inc. (NYSE:CRI) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 66,469 shares of the textile maker’s stock, valued at approximately $2,156,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. RWWM Inc. grew its holdings in shares of Carter’s by 44.8% during the third quarter. RWWM Inc. now owns 5,900,170 shares of the textile maker’s stock valued at $166,503,000 after buying an additional 1,824,379 shares during the last quarter. Vanguard Group Inc. grew its holdings in shares of Carter’s by 1.1% during the third quarter. Vanguard Group Inc. now owns 4,226,804 shares of the textile maker’s stock valued at $119,280,000 after buying an additional 46,560 shares during the last quarter. Salem Investment Counselors Inc. grew its holdings in shares of Carter’s by 37.1% during the fourth quarter. Salem Investment Counselors Inc. now owns 125,115 shares of the textile maker’s stock valued at $4,057,000 after buying an additional 33,845 shares during the last quarter. Caprock Group LLC purchased a new stake in shares of Carter’s during the third quarter valued at approximately $3,207,000. Finally, UBS Group AG grew its holdings in shares of Carter’s by 29.6% during the fourth quarter. UBS Group AG now owns 1,349,777 shares of the textile maker’s stock valued at $43,773,000 after buying an additional 308,347 shares during the last quarter.

Carter’s Trading Up 3.1%

Shares of CRI stock opened at $38.37 on Wednesday. Carter’s, Inc. has a 12-month low of $23.38 and a 12-month high of $44.44. The company has a current ratio of 2.80, a quick ratio of 1.72 and a debt-to-equity ratio of 0.61. The firm’s 50 day moving average is $35.84 and its 200 day moving average is $35.02. The stock has a market capitalization of $1.41 billion, a P/E ratio of 15.47 and a beta of 0.86.

Carter’s (NYSE:CRI) last issued its earnings results on Wednesday, May 6th. The textile maker reported $0.39 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.13 by $0.26. Carter’s had a net margin of 3.07% and a return on equity of 13.06%. The company had revenue of $681.11 million for the quarter, compared to analysts’ expectations of $660.59 million. During the same quarter last year, the company posted $0.66 earnings per share. The firm’s quarterly revenue was up 8.1% on a year-over-year basis. Carter’s has set its Q2 2026 guidance at 0.020-0.060 EPS. Research analysts expect that Carter’s, Inc. will post 3.06 earnings per share for the current year.

Carter’s Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, June 5th. Investors of record on Tuesday, May 26th will be issued a $0.25 dividend. The ex-dividend date is Tuesday, May 26th. This represents a $1.00 annualized dividend and a yield of 2.6%. Carter’s’s dividend payout ratio (DPR) is currently 40.32%.

Analyst Ratings Changes

A number of research firms have recently commented on CRI. UBS Group increased their price target on shares of Carter’s from $40.00 to $41.00 and gave the company a “neutral” rating in a report on Monday, May 11th. The Goldman Sachs Group upgraded shares of Carter’s from a “neutral” rating to a “buy” rating and set a $38.00 price target on the stock in a report on Thursday, April 9th. Weiss Ratings cut shares of Carter’s from a “hold (c-)” rating to a “sell (d+)” rating in a report on Monday, May 4th. Wells Fargo & Company increased their price target on shares of Carter’s from $28.00 to $33.00 and gave the company an “underweight” rating in a report on Wednesday, April 29th. Finally, Needham & Company LLC began coverage on shares of Carter’s in a report on Thursday, March 26th. They set a “hold” rating on the stock. One research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, two have issued a Hold rating and three have issued a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $39.67.

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.