Vanguard Group Inc. lifted its position in shares of Steven Madden, Ltd. (NASDAQ:SHOO – Free Report) by 2.5% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 8,283,806 shares of the textile maker’s stock after buying an additional 200,013 shares during the quarter. Vanguard Group Inc. owned about 11.40% of Steven Madden worth $277,342,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors have also bought and sold shares of the company. EverSource Wealth Advisors LLC grew its holdings in 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 acquiring an additional 485 shares during the period. SBI Securities Co. Ltd. acquired a new stake in Steven Madden during the third quarter worth approximately $31,000. Parkside Financial Bank & Trust increased its holdings in Steven Madden by 616.8% in the third quarter. Parkside Financial Bank & Trust now owns 2,136 shares of the textile maker’s stock worth $72,000 after purchasing an additional 1,838 shares in the last quarter. State of Wyoming lifted its stake in Steven Madden by 117.3% in the third quarter. State of Wyoming now owns 3,800 shares of the textile maker’s stock valued at $127,000 after buying an additional 2,051 shares during the period. Finally, Nisa Investment Advisors LLC boosted its holdings in shares of Steven Madden by 172.2% during the 3rd quarter. Nisa Investment Advisors LLC now owns 5,523 shares of the textile maker’s stock worth $185,000 after buying an additional 3,494 shares in the last quarter. Institutional investors and hedge funds own 99.88% of the company’s stock.
Key Stories Impacting Steven Madden
Here are the key news stories impacting Steven Madden this week:
- Positive Sentiment: Analyst re-affirmations: BTIG kept a “buy” and Telsey Advisory Group kept an “outperform,” each with a $50 price target (roughly ~38% upside vs current levels), giving fundamental support to the stock. Read More.
- Positive Sentiment: Short interest fell sharply in February (down ~24% to ~3.38M shares, ~4.8% of float), reducing immediate short-selling pressure and potential downside from short-covering dynamics.
- Neutral Sentiment: Q4 results were mixed: EPS beat estimates ($0.48 vs. $0.46) and revenue grew ~29.6% year-over-year, but top-line slightly missed consensus ($753.7M vs. ~$758.5M). The transcript notes the company’s plans to refocus on organic growth and continued aggressive pricing strategies — strategic positives but execution still in progress. Read More.
- Neutral Sentiment: Needham set a new $41 price target — modestly above current levels — signaling some near-term upside is still seen by certain sell-side analysts. Read More.
- Neutral Sentiment: Coverage pieces discuss management’s stated objective to return to organic growth and maintain aggressive pricing; these are strategic themes that could boost margins if demand holds, but they create execution risk in a soft consumer environment. Read More.
- Negative Sentiment: Analyst downgrade and gap down: at least one downgrade was reported that triggered an intra-session gap and additional selling pressure. Read More.
- Negative Sentiment: Management withheld FY26 profit guidance, citing lingering tariff risks — this increased uncertainty about next-year earnings and was a key catalyst for the downward move. Read More.
- Neutral Sentiment: Market write-ups summarizing the day’s selloff note the combination of the withheld guidance + downgrade as the main reasons SHOO traded lower. Read More.
Steven Madden Price Performance
Steven Madden (NASDAQ:SHOO – Get Free Report) last posted its earnings results on Wednesday, February 25th. The textile maker reported $0.48 earnings per share for the quarter, beating analysts’ consensus estimates of $0.46 by $0.02. The company had revenue of $753.70 million for the quarter, compared to analyst estimates of $758.53 million. Steven Madden had a return on equity of 13.60% and a net margin of 1.76%.The company’s revenue for the quarter was up 29.6% on a year-over-year basis. During the same quarter last year, the company earned $0.55 earnings per share. As a group, research analysts anticipate that Steven Madden, Ltd. will post 2.66 earnings per share for the current fiscal year.
Steven Madden Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Friday, March 20th. Stockholders of record on Wednesday, March 11th will be paid a $0.21 dividend. The ex-dividend date is Wednesday, March 11th. This represents a $0.84 annualized dividend and a dividend yield of 2.3%. Steven Madden’s dividend payout ratio is presently 135.48%.
Analyst Upgrades and Downgrades
Several analysts have recently weighed in on SHOO shares. Needham & Company LLC lowered their price objective on shares of Steven Madden from $50.00 to $41.00 and set a “buy” rating for the company in a research note on Wednesday. BTIG Research reiterated a “buy” rating and set a $50.00 price objective on shares of Steven Madden in a report on Thursday. UBS Group reissued a “neutral” rating on shares of Steven Madden in a research report on Monday, February 23rd. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Steven Madden in a research note on Thursday, January 22nd. Finally, Telsey Advisory Group reissued an “outperform” rating and issued a $50.00 price objective on shares of Steven Madden in a research note on Thursday. Five equities research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, Steven Madden currently has an average rating of “Hold” and a consensus target price of $43.43.
Check Out Our Latest Analysis on Steven Madden
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.
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