Crocs, Inc. $CROX Position Reduced by TD Waterhouse Canada Inc.

Key Points

• TD Waterhouse Canada cut its Crocs stake by 96.0% in Q4, leaving just 1,500 shares valued at $128,000, while institutional investors collectively own about 93.44% of the stock.
• Crocs beat quarterly expectations with $2.29 EPS vs. $1.92 consensus and revenue of $957.64M vs. $916.16M, but revenue was down 3.3% YoY and net margin was negative at 2.01%; management guided FY2026 EPS to 12.880–13.350 and analysts project roughly 13.38 EPS.
• EVP Anne Mehlman sold 12,145 shares for about $1.22M, trimming her holding by 8.48%, and insiders now own about 2.72% of the company.

TD Waterhouse Canada Inc. trimmed its stake in shares of Crocs, Inc. (NASDAQ:CROX - Free Report) by 96.0% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,500 shares of the textile maker's stock after selling 36,226 shares during the quarter. TD Waterhouse Canada Inc.'s holdings in Crocs were worth $128,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in the stock. Dimensional Fund Advisors LP boosted its stake in Crocs by 4.9% during the 3rd quarter. Dimensional Fund Advisors LP now owns 1,435,466 shares of the textile maker's stock valued at $119,933,000 after acquiring an additional 67,216 shares during the last quarter. AQR Capital Management LLC boosted its stake in Crocs by 399.0% during the 3rd quarter. AQR Capital Management LLC now owns 1,266,799 shares of the textile maker's stock valued at $105,841,000 after acquiring an additional 1,012,943 shares during the last quarter. Alliancebernstein L.P. boosted its stake in Crocs by 5.8% during the 2nd quarter. Alliancebernstein L.P. now owns 1,180,405 shares of the textile maker's stock valued at $119,551,000 after acquiring an additional 64,672 shares during the last quarter. LSV Asset Management boosted its stake in Crocs by 3.2% during the 3rd quarter. LSV Asset Management now owns 1,107,500 shares of the textile maker's stock valued at $92,532,000 after acquiring an additional 34,380 shares during the last quarter. Finally, Invesco Ltd. boosted its stake in Crocs by 8.3% during the 3rd quarter. Invesco Ltd. now owns 767,541 shares of the textile maker's stock valued at $64,128,000 after acquiring an additional 58,734 shares during the last quarter. 93.44% of the stock is currently owned by institutional investors.

Crocs Stock Performance

Crocs stock opened at $102.32 on Monday. The firm's 50-day moving average is $90.37 and its 200-day moving average is $86.57. The company has a debt-to-equity ratio of 0.95, a quick ratio of 0.74 and a current ratio of 1.27. Crocs, Inc. has a 1 year low of $73.21 and a 1 year high of $122.84. The company has a market cap of $5.14 billion, a P/E ratio of -81.21, a PEG ratio of 1.19 and a beta of 1.54.

Crocs (NASDAQ:CROX - Get Free Report) last posted its quarterly earnings results on Thursday, February 12th. The textile maker reported $2.29 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.92 by $0.37. Crocs had a negative net margin of 2.01% and a positive return on equity of 45.17%. The company had revenue of $957.64 million for the quarter, compared to the consensus estimate of $916.16 million. During the same period last year, the firm posted $2.52 EPS. The company's revenue for the quarter 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, equities analysts expect that Crocs, Inc. will post 13.38 earnings per share for the current year.

Insider Activity

In other news, EVP Anne Mehlman sold 12,145 shares of the firm's stock in a transaction dated Friday, February 20th. The shares were sold at an average price of $100.06, for a total value of $1,215,228.70. Following the transaction, the executive vice president directly owned 131,112 shares in the company, valued at approximately $13,119,066.72. This trade represents a 8.48% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Insiders own 2.72% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on the stock. The Goldman Sachs Group increased their price objective on shares of Crocs from $71.00 to $81.00 and gave the company a "sell" rating in a research note on Friday, February 13th. Barclays increased their price objective on shares of Crocs from $86.00 to $109.00 and gave the company an "equal weight" rating in a research note on Friday, February 13th. Seaport Research Partners upgraded shares of Crocs from a "neutral" rating to a "buy" rating and set a $135.00 price objective on the stock in a research note on Tuesday, April 14th. Williams Trading upgraded shares of Crocs from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, April 8th. Finally, Needham & Company LLC raised their price target on shares of Crocs from $118.00 to $132.00 and gave the stock a "buy" rating in a research report on Tuesday, April 21st. One research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, eight have issued a Hold rating and three have assigned a Sell rating to the company's stock. According to data from MarketBeat.com, Crocs currently has an average rating of "Hold" and a consensus price target of $102.73.

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.

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