SCHEDULE 13G/A: BlackRock Discloses 14.5% Passive Stake in Carters Inc.
Ownership Disclosure
BlackRock, Inc. has filed an amended Schedule 13G, revealing a 14.5% beneficial ownership stake in Carters Inc. common stock as of June 30, 2025.
Summary
- BlackRock, Inc. reported beneficial ownership of 5,282,565 shares of Carters Inc. common stock.
- This aggregate amount represents 14.5% of the class of securities.
- BlackRock, Inc. holds sole voting power over 5,194,680 shares and sole dispositive power over 5,282,565 shares.
- The filing is an Amendment No. 1 to Schedule 13G, indicating a change from a previous filing.
- The securities were acquired and are held in the ordinary course of business, not for the purpose of changing or influencing control of Carters Inc.
- iShares Core S&P Small-Cap ETF, a BlackRock entity, is noted as having an interest of more than five percent of the total outstanding common stock of Carters Inc.
Sentiment
Score: 5
Explanation: The document is a factual disclosure of beneficial ownership and does not contain information that inherently conveys positive or negative sentiment regarding the issuer's performance or outlook.
Positives
- NA
Negatives
- NA
Risks
- NA
Future Outlook
NA
Management Comments
- "By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11."
Industry Context
This Schedule 13G filing indicates a significant passive ownership stake by BlackRock, Inc., one of the world's largest asset managers, in Carters Inc. Such filings are common for large institutional investors who hold shares for investment purposes in the ordinary course of business, rather than to exert control over the company. It reflects BlackRock's portfolio management activities and its investment in the consumer discretionary sector, specifically children's apparel and accessories.
Stakeholder Impact
- Shareholders: Increased institutional ownership by a major asset manager like BlackRock may signal confidence in the company's long-term prospects and could potentially enhance stock liquidity and stability.
Key Dates
| Date | Description |
|---|---|
| 2023-04-30 | Date of previously revoked Power of Attorney. |
| 2025-01-21 | Date of current Power of Attorney executed by BlackRock, Inc. |
| 2025-06-30 | Date of event which requires the filing of this statement. |
| 2025-07-17 | Date of filing of this Schedule 13G Amendment No. 1. |
Keywords
BlackRock, Carters Inc, Schedule 13G, Beneficial Ownership, Common Stock, Institutional Investor, Passive Investment, SEC Filing
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