Landscape Capital Management L.L.C. Sells 32,853 Shares of Carter’s, Inc. $CRI

Landscape Capital Management L.L.C. lowered its position in Carter’s, Inc. (NYSE:CRI) by 11.1% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 261,931 shares of the textile maker’s stock after selling 32,853 shares during the period. Carter’s comprises approximately 0.6% of Landscape Capital Management L.L.C.’s holdings, making the stock its 27th largest position. Landscape Capital Management L.L.C. owned 0.72% of Carter’s worth $8,494,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. UMB Bank n.a. boosted its holdings in Carter’s by 445.8% in the 4th quarter. UMB Bank n.a. now owns 775 shares of the textile maker’s stock worth $25,000 after buying an additional 633 shares during the period. Caitong International Asset Management Co. Ltd boosted 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 worth $31,000 after buying an additional 945 shares during the period. Hantz Financial Services Inc. lifted its stake in Carter’s by 1,208.1% in the 3rd quarter. Hantz Financial Services Inc. now owns 1,295 shares of the textile maker’s stock worth $37,000 after purchasing an additional 1,196 shares in the last quarter. EverSource Wealth Advisors LLC lifted its stake in Carter’s by 202.6% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,486 shares of the textile maker’s stock worth $45,000 after purchasing an additional 995 shares in the last quarter. Finally, State of Wyoming lifted its stake in Carter’s by 1,380.6% in the 4th quarter. State of Wyoming now owns 2,132 shares of the textile maker’s stock worth $69,000 after purchasing an additional 1,988 shares in the last quarter.

Carter’s Stock Up 2.7%

Shares of CRI stock opened at $42.72 on Friday. The company’s fifty day simple moving average is $37.06 and its two-hundred day simple moving average is $35.75. The company has a quick ratio of 1.72, a current ratio of 2.80 and a debt-to-equity ratio of 0.61. The stock has a market cap of $1.57 billion, a P/E ratio of 17.22 and a beta of 0.87. Carter’s, Inc. has a 52 week low of $23.38 and a 52 week high of $44.44.

Carter’s (NYSE:CRI) last announced its earnings results on Wednesday, May 6th. The textile maker reported $0.39 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.13 by $0.26. The firm had revenue of $681.11 million for the quarter, compared to analysts’ expectations of $660.59 million. Carter’s had a net margin of 3.07% and a return on equity of 13.06%. The business’s revenue was up 8.1% compared to the same quarter last year. During the same period in the prior year, the company earned $0.66 EPS. Carter’s has set its Q2 2026 guidance at 0.020-0.060 EPS. Analysts predict that Carter’s, Inc. will post 3.09 EPS for the current fiscal year.

Carter’s Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, June 5th. Stockholders of record on Tuesday, May 26th were given a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a dividend yield of 2.3%. The ex-dividend date was Tuesday, May 26th. Carter’s’s dividend payout ratio is currently 40.32%.

Analysts Set New Price Targets

Several analysts have commented on CRI shares. UBS Group boosted their price target on shares of Carter’s from $40.00 to $41.00 and gave the stock a “neutral” rating in a research note on Monday, May 11th. Wall Street Zen upgraded shares of Carter’s from a “hold” rating to a “buy” rating in a research note on Saturday, April 18th. Wells Fargo & Company boosted their price target on shares of Carter’s from $28.00 to $33.00 and gave the stock an “underweight” rating in a research note on Wednesday, April 29th. Weiss Ratings cut shares of Carter’s from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Monday, May 4th. Finally, Zacks Research cut shares of Carter’s from a “strong-buy” rating to a “hold” rating in a research note on Monday, May 25th. Three equities research analysts have rated the stock with a Buy rating, three have issued a Hold rating and three have issued a Sell rating to the company’s stock. According to data from MarketBeat, Carter’s currently has an average rating of “Hold” and an average price target of $39.67.

About Carter’s

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.