Fort Washington Investment Advisors Inc. OH Grows Stock Position in Crocs, Inc. $CROX

Fort Washington Investment Advisors Inc. OH lifted its holdings in Crocs, Inc. (NASDAQ:CROX) by 33.6% during the 1st quarter, Holdings Channel.com reports. The firm owned 296,276 shares of the textile maker’s stock after buying an additional 74,480 shares during the period. Fort Washington Investment Advisors Inc. OH’s holdings in Crocs were worth $24,597,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. NewEdge Advisors LLC grew its position in Crocs by 1.1% during the second quarter. NewEdge Advisors LLC now owns 10,710 shares of the textile maker’s stock valued at $1,085,000 after buying an additional 120 shares during the period. L2 Asset Management LLC raised its position in Crocs by 5.4% in the fourth quarter. L2 Asset Management LLC now owns 3,319 shares of the textile maker’s stock worth $284,000 after acquiring an additional 169 shares during the period. Parallel Advisors LLC raised its position in Crocs by 60.2% in the third quarter. Parallel Advisors LLC now owns 495 shares of the textile maker’s stock worth $41,000 after acquiring an additional 186 shares during the period. Kestra Investment Management LLC boosted its stake in shares of Crocs by 7.2% during the 2nd quarter. Kestra Investment Management LLC now owns 2,800 shares of the textile maker’s stock worth $284,000 after acquiring an additional 187 shares during the last quarter. Finally, Traub Capital Management LLC grew its position in shares of Crocs by 7.1% during the 4th quarter. Traub Capital Management LLC now owns 3,000 shares of the textile maker’s stock valued at $257,000 after acquiring an additional 200 shares during the period. Hedge funds and other institutional investors own 93.44% of the company’s stock.

Crocs Stock Performance

Shares of NASDAQ CROX opened at $127.76 on Monday. The stock has a market cap of $6.35 billion, a PE ratio of -92.58, a price-to-earnings-growth ratio of 1.32 and a beta of 1.57. Crocs, Inc. has a 1 year low of $73.21 and a 1 year high of $129.79. The firm has a fifty day moving average price of $112.17 and a 200-day moving average price of $96.08. The company has a debt-to-equity ratio of 0.93, a current ratio of 1.67 and a quick ratio of 1.04.

Crocs (NASDAQ:CROX) last released its earnings results on Thursday, April 30th. The textile maker reported $2.99 earnings per share for the quarter, beating analysts’ consensus estimates of $2.78 by $0.21. The company had revenue of $921.46 million for the quarter, compared to analysts’ expectations of $900.57 million. Crocs had a negative net margin of 2.58% and a positive return on equity of 48.29%. Crocs’s revenue for the quarter was down 1.7% on a year-over-year basis. During the same quarter in the previous year, the company earned $3.00 EPS. Crocs has set its Q2 2026 guidance at 4.150-4.350 EPS and its FY 2026 guidance at 13.200-13.750 EPS. Equities analysts anticipate that Crocs, Inc. will post 13.67 earnings per share for the current fiscal year.

Insider Buying and Selling

In other news, CEO Andrew Rees sold 32,688 shares of the business’s stock in a transaction dated Friday, June 5th. The stock was sold at an average price of $118.09, for a total value of $3,860,125.92. Following the transaction, the chief executive officer directly owned 743,293 shares in the company, valued at $87,775,470.37. The trade was a 4.21% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 3.10% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

Several equities research analysts have recently commented on CROX shares. Deutsche Bank Aktiengesellschaft initiated coverage on Crocs in a research note on Monday, June 8th. They issued a “buy” rating for the company. Stifel Nicolaus boosted their price target on Crocs from $105.00 to $125.00 and gave the company a “hold” rating in a report on Monday, June 15th. Wells Fargo & Company initiated coverage on Crocs in a research report on Monday, June 8th. They issued a “buy” rating for the company. Needham & Company LLC raised their price objective on Crocs from $118.00 to $132.00 and gave the stock a “buy” rating in a research note on Tuesday, April 21st. Finally, Barclays lifted their price objective on Crocs from $109.00 to $110.00 and gave the company an “equal weight” rating in a research report on Friday, May 1st. One equities research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, six have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $125.00.

Crocs Company Profile

Crocs, Inc is a global footwear designer, developer and distributor best known for its lightweight, proprietary Croslite™ foam-clog construction. The company’s product portfolio encompasses a range of styles, including clogs, sandals, slides, boots and sneakers, all featuring the slip-resistant, odor-resistant and cushion-providing qualities of the Croslite material. Crocs distributes its products through an omnichannel network that includes e-commerce platforms, company-owned retail stores, authorized dealers and wholesale partners.

Founded in 2002 by Scott Seamans, Lyndon “Duke” Hanson and George Boedecker Jr., Crocs launched its first clog on the island of Vail, Colorado.