Landscape Capital Management L.L.C. Has $8.32 Million Stake in Carter’s, Inc. $CRI

Landscape Capital Management L.L.C. lowered its position in Carter’s, Inc. (NYSE:CRI) by 20.6% in the third quarter, HoldingsChannel.com reports. The fund owned 294,784 shares of the textile maker’s stock after selling 76,482 shares during the quarter. Landscape Capital Management L.L.C.’s holdings in Carter’s were worth $8,319,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. BNP Paribas Financial Markets raised its position in Carter’s by 17.1% in the 3rd quarter. BNP Paribas Financial Markets now owns 39,184 shares of the textile maker’s stock valued at $1,106,000 after purchasing an additional 5,722 shares during the last quarter. Franklin Resources Inc. grew its holdings in shares of Carter’s by 696.8% during the third quarter. Franklin Resources Inc. now owns 60,672 shares of the textile maker’s stock worth $1,712,000 after purchasing an additional 53,058 shares during the last quarter. Legal & General Group Plc grew its holdings in shares of Carter’s by 0.7% during the third quarter. Legal & General Group Plc now owns 111,691 shares of the textile maker’s stock worth $3,152,000 after purchasing an additional 739 shares during the last quarter. Swiss National Bank increased its stake in shares of Carter’s by 2.2% in the third quarter. Swiss National Bank now owns 70,700 shares of the textile maker’s stock valued at $1,995,000 after buying an additional 1,500 shares in the last quarter. Finally, Cresset Asset Management LLC acquired a new stake in shares of Carter’s in the third quarter valued at $255,000.

Carter’s Trading Down 0.8%

CRI stock traded down $0.27 during midday trading on Friday, reaching $34.37. The stock had a trading volume of 84,842 shares, compared to its average volume of 1,337,410. The firm has a market cap of $1.25 billion, a price-to-earnings ratio of 13.69, a PEG ratio of 5.22 and a beta of 1.07. Carter’s, Inc. has a twelve month low of $23.38 and a twelve month high of $44.44. The company has a quick ratio of 1.44, a current ratio of 2.51 and a debt-to-equity ratio of 0.61. The business has a fifty day simple moving average of $36.85 and a two-hundred day simple moving average of $32.83.

Carter’s (NYSE:CRI) last released its earnings results on Friday, February 27th. The textile maker reported $1.90 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.70 by $0.20. The company had revenue of $925.45 million for the quarter, compared to the consensus estimate of $912.36 million. Carter’s had a net margin of 3.17% and a return on equity of 14.45%. The company’s revenue was up 7.7% compared to the same quarter last year. During the same period in the prior year, the company posted $2.39 EPS. Carter’s has set its Q1 2026 guidance at 0.020-0.080 EPS. As a group, research analysts expect that Carter’s, Inc. will post 5.15 EPS for the current fiscal year.

Carter’s Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 27th. Investors of record on Friday, March 13th will be issued a $0.25 dividend. This represents a $1.00 annualized dividend and a yield of 2.9%. The ex-dividend date is Friday, March 13th. Carter’s’s dividend payout ratio is currently 39.68%.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on the stock. The Goldman Sachs Group upped their price target on shares of Carter’s from $26.00 to $29.00 and gave the stock a “sell” rating in a research report on Tuesday, January 13th. Monness Crespi & Hardt upgraded shares of Carter’s from a “neutral” rating to a “buy” rating and set a $45.00 price objective for the company in a research report on Monday, March 2nd. Zacks Research upgraded shares of Carter’s from a “hold” rating to a “strong-buy” rating in a research report on Monday, January 19th. UBS Group raised their price target on shares of Carter’s from $33.00 to $40.00 and gave the company a “neutral” rating in a report on Thursday, February 19th. Finally, Wall Street Zen raised Carter’s from a “sell” rating to a “hold” rating in a report on Sunday, January 11th. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, one has issued a Hold rating and four have given a Sell rating to the company. According to MarketBeat, Carter’s presently has a consensus rating of “Hold” and an average price target of $35.83.

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.