New Age Alpha Advisors LLC Takes $2.16 Million Position in Carter’s, Inc. $CRI

New Age Alpha Advisors LLC acquired a new stake in shares of Carter’s, Inc. (NYSE:CRI) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 66,469 shares of the textile maker’s stock, valued at approximately $2,156,000. New Age Alpha Advisors LLC owned about 0.18% of Carter’s at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Hantz Financial Services Inc. raised its stake in shares of Carter’s by 21.8% during the fourth quarter. Hantz Financial Services Inc. now owns 1,577 shares of the textile maker’s stock valued at $51,000 after acquiring an additional 282 shares during the last quarter. PNC Financial Services Group Inc. raised its stake in shares of Carter’s by 13.0% during the fourth quarter. PNC Financial Services Group Inc. now owns 4,160 shares of the textile maker’s stock valued at $135,000 after acquiring an additional 479 shares during the last quarter. ProShare Advisors LLC bought a new position in shares of Carter’s during the fourth quarter valued at about $225,000. Pacific Ridge Capital Partners LLC raised its stake in shares of Carter’s by 18.0% during the fourth quarter. Pacific Ridge Capital Partners LLC now owns 43,255 shares of the textile maker’s stock valued at $1,403,000 after acquiring an additional 6,583 shares during the last quarter. Finally, Versor Investments LP bought a new position in shares of Carter’s during the fourth quarter valued at about $593,000.

Analyst Ratings Changes

Several equities analysts have recently commented on CRI shares. UBS Group upped their price objective on shares of Carter’s from $40.00 to $41.00 and gave the company a “neutral” rating in a research note on Monday, May 11th. Weiss Ratings downgraded shares of Carter’s from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Monday, May 4th. The Goldman Sachs Group raised shares of Carter’s from a “neutral” rating to a “buy” rating and set a $38.00 price target for the company in a research note on Thursday, April 9th. Wall Street Zen raised shares of Carter’s from a “hold” rating to a “buy” rating in a research note on Saturday, April 18th. Finally, Wells Fargo & Company increased 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. One analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, two have assigned a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat.com, Carter’s presently has an average rating of “Hold” and a consensus price target of $39.67.

Carter’s Price Performance

CRI stock opened at $38.37 on Wednesday. Carter’s, Inc. has a 1 year low of $23.38 and a 1 year high of $44.44. The company has a market cap of $1.41 billion, a P/E ratio of 15.47 and a beta of 0.86. The firm has a 50-day moving average of $35.84 and a 200 day moving average of $35.02. The company has a debt-to-equity ratio of 0.61, a current ratio of 2.80 and a quick ratio of 1.72.

Carter’s (NYSE:CRI) last announced its quarterly earnings data on Wednesday, May 6th. The textile maker reported $0.39 earnings per share for the quarter, topping analysts’ consensus estimates of $0.13 by $0.26. The business 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 quarter in the prior year, the company earned $0.66 earnings per share. Carter’s has set its Q2 2026 guidance at 0.020-0.060 EPS. On average, sell-side analysts forecast that Carter’s, Inc. will post 3.06 EPS for the current year.

Carter’s Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 5th. Shareholders of record on Tuesday, May 26th will be issued a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a yield of 2.6%. The ex-dividend date is Tuesday, May 26th. Carter’s’s dividend payout ratio is 40.32%.

Carter’s 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.