Landscape Capital Management L.L.C. Decreases Holdings in Carter’s, Inc. $CRI

Landscape Capital Management L.L.C. trimmed its holdings in shares of Carter’s, Inc. (NYSE:CRI) by 11.1% during the 4th quarter, Holdings Channel reports. The institutional investor owned 261,931 shares of the textile maker’s stock after selling 32,853 shares during the quarter. Carter’s makes up 0.6% of Landscape Capital Management L.L.C.’s holdings, making the stock its 27th biggest holding. Landscape Capital Management L.L.C.’s holdings in Carter’s were worth $8,494,000 at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in CRI. AQR Capital Management LLC raised its position in shares of Carter’s by 113.7% during the 2nd quarter. AQR Capital Management LLC now owns 2,564,457 shares of the textile maker’s stock valued at $77,267,000 after buying an additional 1,364,698 shares in the last quarter. Rubric Capital Management LP purchased a new stake in Carter’s in the 4th quarter worth about $14,918,000. Quantinno Capital Management LP raised its position in Carter’s by 1,679.7% in the 2nd quarter. Quantinno Capital Management LP now owns 370,791 shares of the textile maker’s stock worth $11,172,000 after purchasing an additional 349,957 shares during the period. Millennium Management LLC raised its position in Carter’s by 104.3% in the 3rd quarter. Millennium Management LLC now owns 661,920 shares of the textile maker’s stock worth $18,679,000 after purchasing an additional 337,880 shares during the period. Finally, Ameriprise Financial Inc. raised its position in Carter’s by 278.9% in the 3rd quarter. Ameriprise Financial Inc. now owns 421,738 shares of the textile maker’s stock worth $11,901,000 after purchasing an additional 310,421 shares during the period.

Carter’s Price Performance

Shares of CRI stock opened at $42.72 on Friday. The company has a debt-to-equity ratio of 0.61, a current ratio of 2.80 and a quick ratio of 1.72. The company has a market capitalization of $1.57 billion, a P/E ratio of 17.22 and a beta of 0.87. The company’s 50-day simple moving average is $37.06 and its two-hundred day simple moving average is $35.75. Carter’s, Inc. has a one year low of $23.38 and a one year high of $44.44.

Carter’s (NYSE:CRI) last issued its earnings results on Wednesday, May 6th. The textile maker reported $0.39 EPS 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 the consensus estimate of $660.59 million. Carter’s had a net margin of 3.07% and a return on equity of 13.06%. The company’s revenue for the quarter was up 8.1% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.66 EPS. Carter’s has set its Q2 2026 guidance at 0.020-0.060 EPS. As a group, equities analysts anticipate that Carter’s, Inc. will post 3.09 EPS for the current year.

Carter’s Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, June 5th. Shareholders of record on Tuesday, May 26th were paid a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a yield of 2.3%. The ex-dividend date was Tuesday, May 26th. Carter’s’s dividend payout ratio is currently 40.32%.

Wall Street Analysts Forecast Growth

CRI has been the topic of a number of recent analyst reports. Zacks Research lowered shares of Carter’s from a “strong-buy” rating to a “hold” rating in a research report on Monday, May 25th. UBS Group increased their price objective on shares of Carter’s from $40.00 to $41.00 and gave the stock a “neutral” rating in a research report on Monday, May 11th. Needham & Company LLC initiated coverage on shares of Carter’s in a research report on Thursday, March 26th. They issued a “hold” rating on the stock. Monness Crespi & Hardt increased their price objective on shares of Carter’s from $45.00 to $50.00 and gave the stock a “buy” rating in a research report on Thursday, May 7th. Finally, The Goldman Sachs Group raised shares of Carter’s from a “neutral” rating to a “buy” rating and set a $38.00 price objective on the stock in a research report on Thursday, April 9th. Three investment analysts have rated the stock with a Buy rating, three have given a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $39.67.

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.