Carter’s Inc. (NYSE:CRI)’s share price reached a new 52-week high during trading on Tuesday . The stock traded as high as $109.77 and last traded at $109.54, with a volume of 165,143 shares. The stock had previously closed at $108.29.

Several equities analysts have recently commented on CRI shares. Goldman Sachs Group Inc. restated a “buy” rating and set a $127.00 price target (up previously from $122.00) on shares of Carter’s in a research report on Sunday, April 10th. Zacks Investment Research upgraded shares of Carter’s from a “hold” rating to a “buy” rating and set a $118.00 price target for the company in a research report on Wednesday, April 27th. Cowen and Company started coverage on shares of Carter’s in a research report on Wednesday. They set a “market perform” rating for the company. Citigroup Inc. restated a “neutral” rating on shares of Carter’s in a research report on Wednesday, June 1st. Finally, FBR & Co upped their price objective on shares of Carter’s from $104.00 to $111.00 and gave the stock an “outperform” rating in a report on Friday, April 29th. Three investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. Carter’s has an average rating of “Buy” and a consensus price target of $112.20.

The firm has a market capitalization of $5.52 billion and a P/E ratio of 23.61. The firm’s 50 day moving average price is $104.35 and its 200 day moving average price is $99.80.

Carter’s (NYSE:CRI) last released its quarterly earnings data on Thursday, April 28th. The company reported $1.05 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.00 by $0.05. During the same quarter last year, the firm earned $0.97 EPS. The business had revenue of $724 million for the quarter, compared to the consensus estimate of $716 million. The company’s revenue for the quarter was up 5.7% on a year-over-year basis. On average, analysts anticipate that Carter’s Inc. will post $5.13 earnings per share for the current fiscal year.

In other news, CFO Richard F. Westenberger sold 4,000 shares of Carter’s stock in a transaction dated Monday, May 2nd. The stock was sold at an average price of $107.44, for a total transaction of $429,760.00. Following the transaction, the chief financial officer now owns 54,964 shares in the company, valued at approximately $5,905,332.16. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

A number of large investors have recently added to or reduced their stakes in the stock. Mutual of America Capital Management LLC boosted its stake in Carter’s by 0.4% in the fourth quarter. Mutual of America Capital Management LLC now owns 34,896 shares of the company’s stock valued at $3,107,000 after buying an additional 147 shares during the last quarter. Rhumbline Advisers boosted its stake in Carter’s by 1.4% in the fourth quarter. Rhumbline Advisers now owns 89,445 shares of the company’s stock valued at $7,963,000 after buying an additional 1,199 shares during the last quarter. Azimuth Capital Management LLC boosted its stake in Carter’s by 4.2% in the fourth quarter. Azimuth Capital Management LLC now owns 33,315 shares of the company’s stock valued at $2,966,000 after buying an additional 1,330 shares during the last quarter. I.G. Investment Management LTD. boosted its stake in Carter’s by 5.1% in the fourth quarter. I.G. Investment Management LTD. now owns 27,756 shares of the company’s stock valued at $2,471,000 after buying an additional 1,339 shares during the last quarter. Finally, Advisors Asset Management Inc. boosted its stake in Carter’s by 7.1% in the fourth quarter. Advisors Asset Management Inc. now owns 21,219 shares of the company’s stock valued at $1,889,000 after buying an additional 1,412 shares during the last quarter.

Carter’s, Inc is a marketer of apparel for babies and young children in the United States. The Company owns two brand names in the children’s apparel industry, Carter’s and OshKosh. The Company operates through five business segments: Carter’s retail, Carter’s wholesale, OshKosh retail, OshKosh wholesale and International.

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.