Nisa Investment Advisors LLC Trims Stock Holdings in Carter's, Inc. $CRI

Key Points

• Nisa Investment Advisors slashed its Carter's stake by 92.4% in Q4, selling 41,851 shares and retaining just 3,465 shares worth about $112,000.
• Carter's beat Q4 estimates (EPS $1.90 vs. $1.70; revenue $925.45M) but issued muted Q1 guidance of $0.02–$0.08, and analysts remain mixed — the consensus is a "Hold" (target $35.83) even as houses like Citigroup upgraded to Buy with a $50 target.

Nisa Investment Advisors LLC lessened its stake in shares of Carter's, Inc. (NYSE:CRI - Free Report) by 92.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,465 shares of the textile maker's stock after selling 41,851 shares during the quarter. Nisa Investment Advisors LLC's holdings in Carter's were worth $112,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently added to or reduced their stakes in the company. Caitong International Asset Management Co. Ltd boosted its stake in shares of Carter's by 555.9% during the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 1,115 shares of the textile maker's stock worth $31,000 after purchasing an additional 945 shares during the last quarter. Hantz Financial Services Inc. raised its position in shares of Carter's by 1,208.1% in the third quarter. Hantz Financial Services Inc. now owns 1,295 shares of the textile maker's stock valued at $37,000 after buying an additional 1,196 shares during the last quarter. Versant Capital Management Inc lifted its stake in shares of Carter's by 135.4% during the third quarter. Versant Capital Management Inc now owns 1,415 shares of the textile maker's stock valued at $40,000 after buying an additional 814 shares during the period. EverSource Wealth Advisors LLC lifted its stake in shares of Carter's by 202.6% during the second quarter. EverSource Wealth Advisors LLC now owns 1,486 shares of the textile maker's stock valued at $45,000 after buying an additional 995 shares during the period. Finally, PNC Financial Services Group Inc. boosted its position in Carter's by 97.9% during the third quarter. PNC Financial Services Group Inc. now owns 3,681 shares of the textile maker's stock worth $104,000 after acquiring an additional 1,821 shares during the last quarter.

Analyst Ratings Changes

CRI has been the subject of several recent analyst reports. Zacks Research raised shares of Carter's from a "hold" rating to a "strong-buy" rating in a research note on Monday, January 19th. The Goldman Sachs Group increased their price target on Carter's from $26.00 to $29.00 and gave the stock a "sell" rating in a research note on Tuesday, January 13th. Weiss Ratings raised Carter's from a "sell (d+)" rating to a "hold (c-)" rating in a research note on Thursday, March 19th. UBS Group increased their price target on Carter's from $33.00 to $40.00 and gave the stock a "neutral" rating in a research note on Thursday, February 19th. Finally, Citigroup raised Carter's from a "neutral" rating to a "buy" rating and increased their price target for the stock from $34.00 to $50.00 in a research note on Wednesday, January 21st. One analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, three have given a Hold rating and three have issued a Sell rating to the company's stock. According to data from MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus target price of $35.83.

Carter's Trading Up 0.2%

Shares of Carter's stock opened at $35.98 on Tuesday. Carter's, Inc. has a fifty-two week low of $23.38 and a fifty-two week high of $44.44. The firm has a market cap of $1.33 billion, a PE ratio of 14.28, a P/E/G ratio of 5.34 and a beta of 0.98. The business's fifty day moving average is $36.64 and its two-hundred day moving average is $33.58. The company has a quick ratio of 1.44, a current ratio of 2.51 and a debt-to-equity ratio of 0.61.

Carter's (NYSE:CRI - Get Free Report) last issued its quarterly earnings results on Friday, February 27th. The textile maker reported $1.90 earnings per share for the quarter, topping analysts' consensus estimates of $1.70 by $0.20. Carter's had a return on equity of 14.45% and a net margin of 3.17%.The company had revenue of $925.45 million for the quarter, compared to analyst estimates of $912.36 million. During the same quarter in the prior year, the company posted $2.39 EPS. The business's revenue for the quarter was up 7.7% compared to the same quarter last year. Carter's has set its Q1 2026 guidance at 0.020-0.080 EPS. Analysts anticipate that Carter's, Inc. will post 5.15 earnings per share for the current year.

Carter's Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 27th. Stockholders of record on Friday, March 13th were issued a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a dividend yield of 2.8%. The ex-dividend date was Friday, March 13th. Carter's's dividend payout ratio is presently 39.68%.

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.

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