Neumeier Poma Investment Counsel LLC Invests $49.89 Billion in Steven Madden, Ltd. $SHOO

Neumeier Poma Investment Counsel LLC purchased a new position in Steven Madden, Ltd. (NASDAQ:SHOO) in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 1,185,049 shares of the textile maker’s stock, valued at approximately $49,890,563,000. Steven Madden makes up about 3.4% of Neumeier Poma Investment Counsel LLC’s investment portfolio, making the stock its 9th largest holding. Neumeier Poma Investment Counsel LLC owned 1.62% of Steven Madden at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Los Angeles Capital Management LLC acquired a new position in shares of Steven Madden in the 4th quarter worth approximately $30,000. Global Retirement Partners LLC lifted its stake in Steven Madden by 1,064.3% during the fourth quarter. Global Retirement Partners LLC now owns 815 shares of the textile maker’s stock worth $34,000 after purchasing an additional 745 shares during the last quarter. Farther Finance Advisors LLC lifted its stake in Steven Madden by 79.4% during the fourth quarter. Farther Finance Advisors LLC now owns 983 shares of the textile maker’s stock worth $41,000 after purchasing an additional 435 shares during the last quarter. Kestra Advisory Services LLC acquired a new position in Steven Madden in the fourth quarter worth $43,000. Finally, EverSource Wealth Advisors LLC boosted its holdings in Steven Madden by 86.6% in the second 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 during the period. 99.88% of the stock is owned by institutional investors.

Key Steven Madden News

Here are the key news stories impacting Steven Madden this week:

• Positive Sentiment: Several earnings estimates were raised. Zacks Research increased its forecasts for third-quarter 2026 EPS to $0.60 from $0.59, full-year 2026 EPS to $2.10 from $2.06, and full-year 2027 EPS to $2.61 from $2.60. Estimates were also raised for Q1 2027, Q2 2027, Q3 2027, Q1 2028 and Q2 2028, suggesting improving expectations for earnings growth. MarketBeat analyst estimate report
• Positive Sentiment: Momentum remains a key support for SHOO. Zacks’ Style Scores identify Steven Madden as a strong momentum stock, which may attract quantitative and trend-following investors. Here’s Why Steven Madden Is a Strong Momentum Stock
• Neutral Sentiment: Analyst conviction remains limited. Despite the upward revisions, Zacks Research maintains a “Hold” rating. Its $2.10 FY2026 EPS forecast is slightly below the broader consensus estimate of $2.14, tempering the bullish impact of the revisions.
• Negative Sentiment: Some future-quarter estimates were reduced. Zacks cut its Q4 2026 EPS forecast to $0.61 from $0.71 and Q4 2027 EPS to $0.75 from $0.92. These reductions indicate potential pressure in year-end periods and could limit further upside if investors focus on quarterly earnings volatility.

Steven Madden Price Performance

Shares of NASDAQ SHOO opened at $46.08 on Monday. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.91 and a quick ratio of 1.13. The firm has a market capitalization of $3.37 billion, a PE ratio of 23.16 and a beta of 1.14. Steven Madden, Ltd. has a 1-year low of $27.19 and a 1-year high of $49.70. The business’s fifty day moving average price is $44.19 and its two-hundred day moving average price is $40.19.

Steven Madden (NASDAQ:SHOO) last announced its quarterly earnings results on Thursday, July 30th. The textile maker reported $0.44 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.33 by $0.11. The company had revenue of $665.87 million during the quarter, compared to the consensus estimate of $635.39 million. Steven Madden had a net margin of 5.23% and a return on equity of 13.85%. The company’s revenue for the quarter was up 19.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.20 earnings per share. Steven Madden has set its FY 2026 guidance at 2.050-2.150 EPS. On average, research analysts expect that Steven Madden, Ltd. will post 2.15 EPS for the current year.

Steven Madden Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 24th. Shareholders of record on Friday, September 11th will be paid a dividend of $0.21 per share. This represents a $0.84 dividend on an annualized basis and a yield of 1.8%. The ex-dividend date of this dividend is Friday, September 11th. Steven Madden’s payout ratio is presently 42.21%.

Analysts Set New Price Targets

A number of analysts have weighed in on the stock. Weiss Ratings reissued a “hold (c)” rating on shares of Steven Madden in a report on Friday, July 17th. UBS Group reaffirmed a “neutral” rating and issued a $45.00 price target (up from $40.00) on shares of Steven Madden in a report on Friday, July 31st. BTIG Research reaffirmed a “buy” rating and set a $50.00 price objective on shares of Steven Madden in a research report on Monday, July 27th. Telsey Advisory Group increased their price objective on shares of Steven Madden from $50.00 to $55.00 and gave the stock an “outperform” rating in a research note on Friday, July 31st. Finally, Citigroup reissued a “buy” rating and issued a $55.00 target price (up from $45.00) on shares of Steven Madden in a report on Friday, July 31st. Five investment analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $49.75.

Insider Activity

In other news, Director Al Ferrara sold 3,918 shares of Steven Madden stock in a transaction that occurred on Tuesday, August 4th. The stock was sold at an average price of $48.26, for a total transaction of $189,082.68. Following the sale, the director owned 26,197 shares of the company’s stock, valued at approximately $1,264,267.22. The trade was a 13.01% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Arian Simone Reed sold 1,250 shares of the business’s stock in a transaction that occurred on Wednesday, August 5th. The stock was sold at an average price of $48.76, for a total value of $60,950.00. Following the transaction, the director owned 8,196 shares of the company’s stock, valued at approximately $399,636.96. This represents a 13.23% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 14,708 shares of company stock valued at $691,304. Company insiders own 2.21% of the company’s stock.

About Steven Madden

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.