Carter’s (NYSE:CRI) Upgraded at Monness Crespi & Hardt

Monness Crespi & Hardt upgraded shares of Carter’s (NYSE:CRI) from a neutral rating to a buy rating in a research note published on Monday, Marketbeat.com reports. Monness Crespi & Hardt currently has $45.00 price objective on the textile maker’s stock.

A number of other research analysts have also recently commented on CRI. Weiss Ratings upgraded shares of Carter’s from a “sell (d+)” rating to a “hold (c-)” rating in a report on Thursday, February 19th. 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 research report on Tuesday, January 13th. Citigroup upgraded shares of Carter’s from a “neutral” rating to a “buy” rating and upped their target price for the stock from $34.00 to $50.00 in a research note on Wednesday, January 21st. Zacks Research raised shares of Carter’s from a “hold” rating to a “strong-buy” rating in a research note on Monday, January 19th. Finally, UBS Group increased their price objective on Carter’s from $33.00 to $40.00 and gave the stock a “neutral” rating in a research note on Thursday, February 19th. One analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, two have given a Hold rating and three have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $35.83.

Carter’s Trading Down 2.3%

CRI opened at $35.09 on Monday. The company has a debt-to-equity ratio of 0.61, a quick ratio of 1.44 and a current ratio of 2.51. The stock’s 50 day moving average price is $36.60 and its 200-day moving average price is $32.52. Carter’s has a one year low of $23.38 and a one year high of $44.44. The stock has a market cap of $1.28 billion, a price-to-earnings ratio of 13.92, a P/E/G ratio of 5.45 and a beta of 1.07.

Carter’s (NYSE:CRI) last issued its quarterly earnings results on Friday, February 27th. The textile maker reported $1.90 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.70 by $0.20. The firm had revenue of $925.45 million during the quarter, compared to analyst estimates of $912.36 million. Carter’s had a return on equity of 14.45% and a net margin of 3.17%.Carter’s’s quarterly revenue was up 7.7% compared to the same quarter last year. During the same period last year, the company earned $2.39 EPS. Carter’s has set its Q1 2026 guidance at 0.020-0.080 EPS. On average, equities analysts forecast that Carter’s will post 5.15 EPS for the current year.

Carter’s Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 27th. Stockholders of record on Friday, March 13th will be paid a dividend of $0.25 per share. The ex-dividend date is Friday, March 13th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 2.8%. Carter’s’s dividend payout ratio (DPR) is currently 39.68%.

Institutional Trading of Carter’s

A number of hedge funds have recently bought and sold shares of the stock. UMB Bank n.a. boosted its position in Carter’s by 445.8% during the 4th quarter. UMB Bank n.a. now owns 775 shares of the textile maker’s stock valued at $25,000 after acquiring an additional 633 shares in the last quarter. Caitong International Asset Management Co. Ltd raised its holdings in Carter’s by 555.9% in the third quarter. Caitong International Asset Management Co. Ltd now owns 1,115 shares of the textile maker’s stock worth $31,000 after purchasing an additional 945 shares in the last quarter. Hantz Financial Services Inc. raised its holdings in Carter’s by 1,208.1% in the third 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. Versant Capital Management Inc lifted its position in shares of Carter’s by 135.4% during the third quarter. Versant Capital Management Inc now owns 1,415 shares of the textile maker’s stock valued at $40,000 after buying an additional 814 shares during the last quarter. Finally, EverSource Wealth Advisors LLC boosted its holdings in shares of Carter’s by 202.6% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,486 shares of the textile maker’s stock valued at $45,000 after buying an additional 995 shares in the last quarter.

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.