Crocs, Inc. $CROX Shares Sold by Principal Financial Group Inc.

Principal Financial Group Inc. cut its holdings in Crocs, Inc. (NASDAQ:CROXFree Report) by 4.5% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 121,365 shares of the textile maker’s stock after selling 5,702 shares during the quarter. Principal Financial Group Inc.’s holdings in Crocs were worth $10,140,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in the business. Allworth Financial LP raised its position in Crocs by 120.7% during the second quarter. Allworth Financial LP now owns 448 shares of the textile maker’s stock worth $45,000 after acquiring an additional 245 shares during the last quarter. Employees Retirement System of Texas purchased a new position in shares of Crocs during the 2nd quarter worth approximately $49,000. BNP PARIBAS ASSET MANAGEMENT Holding S.A. acquired a new position in shares of Crocs during the 2nd quarter worth approximately $58,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in shares of Crocs by 159.9% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 746 shares of the textile maker’s stock worth $79,000 after purchasing an additional 459 shares during the last quarter. Finally, EverSource Wealth Advisors LLC lifted its stake in Crocs by 278.1% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 862 shares of the textile maker’s stock valued at $87,000 after buying an additional 634 shares in the last quarter. 93.44% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities analysts have weighed in on CROX shares. Monness Crespi & Hardt raised their price target on Crocs from $92.00 to $100.00 and gave the stock a “buy” rating in a research report on Friday, October 31st. KeyCorp reiterated a “sector weight” rating on shares of Crocs in a research report on Thursday, January 22nd. Piper Sandler reaffirmed a “neutral” rating and set a $95.00 price target on shares of Crocs in a research note on Thursday. Barclays lifted their price target on shares of Crocs from $81.00 to $86.00 and gave the stock an “equal weight” rating in a report on Friday, October 31st. Finally, Zacks Research downgraded shares of Crocs from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, December 30th. Four research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $98.09.

Read Our Latest Research Report on Crocs

Crocs Stock Up 19.0%

CROX opened at $98.46 on Friday. Crocs, Inc. has a 12 month low of $73.21 and a 12 month high of $122.84. The business has a 50-day moving average of $86.67 and a two-hundred day moving average of $84.76. The company has a debt-to-equity ratio of 0.97, a current ratio of 1.40 and a quick ratio of 0.83. The stock has a market capitalization of $5.11 billion, a price-to-earnings ratio of 32.07 and a beta of 1.56.

Crocs (NASDAQ:CROXGet Free Report) last released its earnings results on Thursday, February 12th. The textile maker reported $2.29 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.92 by $0.37. Crocs had a net margin of 4.48% and a return on equity of 43.14%. The business had revenue of $957.64 million for the quarter, compared to analysts’ expectations of $916.16 million. During the same period last year, the company earned $2.52 earnings per share. The company’s quarterly revenue was down 3.3% on a year-over-year basis. Crocs has set its FY 2026 guidance at 12.880-13.350 EPS and its Q1 2026 guidance at 2.670-2.770 EPS. On average, research analysts expect that Crocs, Inc. will post 13.2 earnings per share for the current year.

Key Stories Impacting Crocs

Here are the key news stories impacting Crocs this week:

  • Positive Sentiment: Q4 results topped estimates — adjusted EPS $2.29 vs. $1.92 consensus and revenue $957.6M beating forecasts, driven by Crocs-brand strength. PR Newswire: Crocs Q4 and FY Results
  • Positive Sentiment: Company raised FY2026 EPS outlook (12.880–13.350) and gave Q1 guidance above consensus — investors view this as a clear earnings-growth pathway. MarketWatch: Crocs stock soars on guidance
  • Positive Sentiment: Share repurchases and balance-sheet moves: management repurchased ~6.5M shares (~$577M) and highlighted debt reduction and cost savings as part of FY26 plans — supports EPS accretion. PR Newswire: Buybacks & outlook
  • Positive Sentiment: Direct-to-consumer (DTC) and international Crocs-brand growth helped offset wholesale softness and weakness at HeyDude. DTC was a bright spot (+4.7% reported). Zacks: DTC up 4.7%
  • Neutral Sentiment: Earnings call tone mixed — management balanced ambition with caution, highlighting growth initiatives alongside inventory/wholesale discipline; useful for assessing execution risk. TipRanks: Earnings call takeaways
  • Neutral Sentiment: Heavy volume and big intraday move attracted headlines and momentum traders — can amplify moves in either direction. Investopedia: What drove the surge
  • Negative Sentiment: Underlying top-line weakness persists year-over-year (revenue down ~3.3%) and HeyDude sales fell sharply (~-16.9%); margins remain under pressure relative to past levels. WSJ: Lower profit as sales fall
  • Negative Sentiment: Technicals / valuation signal caution — some analysts called the stock overbought after the move, increasing short-term pullback risk. Barchart: Overbought caution

Crocs Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Crocs (NASDAQ:CROX)

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