Steven Madden, Ltd. $SHOO Shares Purchased by Neumeier Poma Investment Counsel LLC

Neumeier Poma Investment Counsel LLC lifted its stake in shares of Steven Madden, Ltd. (NASDAQ:SHOO) by 10.7% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,057,465 shares of the textile maker’s stock after purchasing an additional 102,455 shares during the quarter. Steven Madden comprises 3.6% of Neumeier Poma Investment Counsel LLC’s investment portfolio, making the stock its 7th biggest holding. Neumeier Poma Investment Counsel LLC’s holdings in Steven Madden were worth $44,033,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently made changes to their positions in the company. EverSource Wealth Advisors LLC boosted its position in shares of Steven Madden by 86.6% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,045 shares of the textile maker’s stock worth $25,000 after purchasing an additional 485 shares in the last quarter. SBI Securities Co. Ltd. bought a new position in shares of Steven Madden during the 3rd quarter worth about $31,000. Global Retirement Partners LLC boosted its position in shares of Steven Madden by 1,064.3% during the 4th quarter. Global Retirement Partners LLC now owns 815 shares of the textile maker’s stock worth $34,000 after purchasing an additional 745 shares in the last quarter. First Horizon Corp boosted its position in shares of Steven Madden by 55.1% during the 4th quarter. First Horizon Corp now owns 892 shares of the textile maker’s stock worth $37,000 after purchasing an additional 317 shares in the last quarter. Finally, Farther Finance Advisors LLC boosted its position in shares of Steven Madden by 79.4% during the 4th quarter. Farther Finance Advisors LLC now owns 983 shares of the textile maker’s stock worth $41,000 after purchasing an additional 435 shares in the last quarter. Institutional investors own 99.88% of the company’s stock.

Steven Madden Price Performance

Steven Madden stock opened at $44.44 on Friday. The company’s 50 day moving average price is $38.66 and its two-hundred day moving average price is $39.74. The company has a quick ratio of 1.42, a current ratio of 2.23 and a debt-to-equity ratio of 0.30. Steven Madden, Ltd. has a 52 week low of $22.26 and a 52 week high of $46.88. The stock has a market cap of $3.25 billion, a P/E ratio of 42.32 and a beta of 1.15.

Steven Madden (NASDAQ:SHOO) last issued its quarterly earnings results on Wednesday, May 6th. The textile maker reported $0.45 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.42 by $0.03. Steven Madden had a net margin of 2.89% and a return on equity of 12.29%. The company had revenue of $653.10 million during the quarter, compared to analyst estimates of $646.64 million. During the same quarter last year, the business posted $0.60 EPS. Steven Madden’s quarterly revenue was up 18.0% compared to the same quarter last year. Steven Madden has set its FY 2026 guidance at 2.000-2.100 EPS. On average, equities analysts predict that Steven Madden, Ltd. will post 2.09 earnings per share for the current year.

Steven Madden Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, June 19th. Stockholders of record on Monday, June 8th will be paid a dividend of $0.21 per share. The ex-dividend date is Monday, June 8th. This represents a $0.84 annualized dividend and a dividend yield of 1.9%. Steven Madden’s dividend payout ratio (DPR) is presently 80.00%.

Insider Activity

In other news, Director Arian Simone Reed sold 648 shares of the firm’s stock in a transaction that occurred on Wednesday, May 20th. The shares were sold at an average price of $39.97, for a total transaction of $25,900.56. Following the completion of the sale, the director owned 8,057 shares in the company, valued at $322,038.29. This trade represents a 7.44% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. In the last ninety days, insiders have sold 4,723 shares of company stock worth $167,099. Company insiders own 2.21% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently issued reports on the stock. BTIG Research reissued a “buy” rating and set a $50.00 price objective on shares of Steven Madden in a research report on Thursday. Wall Street Zen cut shares of Steven Madden from a “buy” rating to a “hold” rating in a research report on Saturday, May 23rd. Zacks Research raised shares of Steven Madden from a “strong sell” rating to a “hold” rating in a research report on Wednesday, April 8th. UBS Group reissued a “neutral” rating and set a $40.00 price objective (up from $38.00) on shares of Steven Madden in a research report on Monday, April 27th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Steven Madden in a research report on Tuesday, April 21st. Five research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, Steven Madden has a consensus rating of “Hold” and an average price target of $43.88.

Steven Madden Company Profile

Steven Madden, Inc (NASDAQ: SHOO) is a New York–based designer and marketer of fashion footwear, handbags and accessories. The company’s product portfolio spans a range of contemporary and lifestyle brands for women, men and children, including its core Steve Madden label as well as the Madden Girl and Dolce Vita brands. In addition to footwear, the company licenses its trademarks for use on apparel, eyewear and other fashion accessories.

Steven Madden distributes its products through multiple channels, including wholesale partners, e-commerce platforms and its own brick-and-mortar retail stores.