SCHEDULE: Vanguard Group Reports 11.47% Stake in Carter's Inc

The Vanguard Group has reported an 11.47% beneficial ownership stake in Carter's Inc, holding over 4.18 million shares as of June 30, 2025.

Summary

• The Vanguard Group beneficially owns 4,180,244 shares of Carter's Inc common stock.
• This ownership represents 11.47% of the total class of securities.
• Vanguard holds sole dispositive power over 4,094,004 shares and shared dispositive power over 86,240 shares.
• Vanguard has shared voting power over 39,481 shares and no sole voting power.
• This filing is an Amendment No. 13 to a Schedule 13G, indicating an update to a previously reported beneficial ownership position.

Sentiment

Score: 6

Explanation: The filing indicates a significant and continued passive investment by a major institutional investor, The Vanguard Group, in Carter's Inc. This level of ownership (11.47%) by a reputable fund manager is generally viewed as a neutral to slightly positive signal, reflecting the company's inclusion in broad market indices or a long-term investment strategy, rather than a specific bullish or bearish view on immediate performance.

Positives

• Increased institutional ownership by a major investment firm like The Vanguard Group.
• Vanguard's significant stake of 11.47% indicates its continued confidence or strategic allocation in Carter's Inc, often reflecting inclusion in broad market indices.

Negatives

• NA

Risks

• The filing itself does not detail specific company risks, but rather the nature of the beneficial ownership.

Future Outlook

NA

Management Comments

• 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.

Industry Context

The filing reflects a significant passive investment by one of the world's largest asset managers in Carter's Inc, a leading company in the children's apparel and accessories industry. This type of institutional ownership is common for well-established public companies and often reflects inclusion in broad market indices.

Comparison to Industry Standards

• The 11.47% stake held by The Vanguard Group is a substantial institutional holding, typical for large asset managers that often hold significant positions across numerous public companies, including those in the retail and apparel sectors like Carter's Inc, as part of their diversified portfolios or index-tracking funds.

Stakeholder Impact

• Shareholders: Provides transparency regarding significant institutional ownership, which can influence market perception and liquidity.

Next Steps

• NA

Key Dates

Keywords

Carter's Inc, Vanguard Group, Beneficial Ownership, Institutional Investor, SEC Filing, Schedule 13G, Common Stock, Retail, Apparel