Sei Investments Co. Sells 54,969 Shares of Steven Madden, Ltd. $SHOO

Sei Investments Co. lowered its position in shares of Steven Madden, Ltd. (NASDAQ:SHOO) by 33.5% during the first quarter, Holdings Channel.com reports. The firm owned 108,988 shares of the textile maker’s stock after selling 54,969 shares during the quarter. Sei Investments Co.’s holdings in Steven Madden were worth $3,697,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. Wellington Management Group LLP boosted its stake in Steven Madden by 18.1% in the 3rd quarter. Wellington Management Group LLP now owns 3,453,208 shares of the textile maker’s stock valued at $115,613,000 after purchasing an additional 528,829 shares during the period. Invesco Ltd. increased its position in Steven Madden by 15.2% during the 4th quarter. Invesco Ltd. now owns 2,784,943 shares of the textile maker’s stock worth $115,965,000 after buying an additional 367,459 shares during the period. Dimensional Fund Advisors LP increased its position in Steven Madden by 1.7% during the 3rd quarter. Dimensional Fund Advisors LP now owns 2,450,539 shares of the textile maker’s stock worth $82,046,000 after buying an additional 41,947 shares during the period. Charles Schwab Investment Management Inc. lifted its holdings in shares of Steven Madden by 0.4% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 1,271,827 shares of the textile maker’s stock worth $52,959,000 after buying an additional 5,288 shares in the last quarter. Finally, Nuveen LLC lifted its holdings in shares of Steven Madden by 7.7% during the fourth quarter. Nuveen LLC now owns 1,225,742 shares of the textile maker’s stock worth $51,040,000 after buying an additional 87,450 shares in the last quarter. 99.88% of the stock is owned by institutional investors and hedge funds.

More Steven Madden News

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

• Positive Sentiment: Steven Madden raised its 2026 revenue and earnings outlook after reporting strong second-quarter results. Brand momentum, direct-to-consumer growth and margin expansion are helping offset freight, tariff and other cost pressures. SHOO Raises 2026 Outlook
• Positive Sentiment: Second-quarter EPS was $0.44, beating the $0.33 consensus estimate, while revenue rose 19.1% year over year to $665.9 million, above expectations of $635.4 million. The company guided to fiscal 2026 EPS of $2.05–$2.15. SHOO Earnings and Valuation Analysis
• Positive Sentiment: Analyst sentiment remains generally favorable, with a “Moderate Buy” consensus and several price-target increases, including targets of $55 from Telsey Advisory Group and Citigroup. The company also declared a quarterly dividend of $0.21 per share, or $0.84 annualized.
• Neutral Sentiment: Shares have rallied about 22.5% over the past month, lifting the valuation to roughly 24–25 times earnings. Continued gains may therefore require sustained brand growth and further upward earnings revisions. SHOO Rally and Valuation Analysis
• Negative Sentiment: Zacks Research downgraded SHOO from “strong buy” to “hold,” signaling that the recent rally and premium valuation may have reduced the stock’s near-term upside.
• Negative Sentiment: Directors Mitchell S. Klipper, Arian Simone Reed and Al Ferrara sold approximately $190,000, $61,000 and $189,000 of shares, respectively. The transactions reduced their individual holdings by roughly 11%–13% and may weigh on sentiment, although insider sales do not necessarily indicate deteriorating business fundamentals. SHOO Insider Trading Activity

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on the stock. Piper Sandler set a $55.00 target price on shares of Steven Madden and gave the company an “overweight” rating in a research report on Wednesday. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Steven Madden in a research report on Friday, July 17th. Telsey Advisory Group lifted 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. BTIG Research reissued a “buy” rating and issued a $50.00 price objective on shares of Steven Madden in a report on Monday, July 27th. Finally, Needham & Company LLC increased their target price on shares of Steven Madden from $45.00 to $52.00 and gave the stock a “buy” rating in a research report on Friday, June 12th. Five analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $49.75.

Insiders Place Their Bets

In related news, Director Mitchell S. Klipper sold 3,918 shares of the firm’s stock in a transaction dated Wednesday, August 5th. The stock was sold at an average price of $48.54, for a total value of $190,179.72. Following the sale, the director directly owned 32,555 shares of the company’s stock, valued at $1,580,219.70. This trade represents a 10.74% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, Director Al Ferrara sold 3,918 shares of Steven Madden stock in a transaction dated Tuesday, August 4th. The shares were sold at an average price of $48.26, for a total value of $189,082.68. Following the completion of the transaction, the director owned 26,197 shares in the company, valued at approximately $1,264,267.22. This represents a 13.01% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 15,356 shares of company stock worth $717,204. 2.21% of the stock is owned by company insiders.

Steven Madden Trading Down 1.7%

Shares of Steven Madden stock opened at $48.26 on Friday. The company has a quick ratio of 1.13, a current ratio of 1.91 and a debt-to-equity ratio of 0.13. Steven Madden, Ltd. has a 12-month low of $24.50 and a 12-month high of $49.70. The company has a market capitalization of $3.53 billion, a price-to-earnings ratio of 24.25 and a beta of 1.14. The firm’s 50-day moving average price is $43.57 and its two-hundred day moving average price is $40.00.

Steven Madden (NASDAQ:SHOO) last issued its earnings results on Thursday, July 30th. The textile maker reported $0.44 EPS for the quarter, beating the consensus estimate of $0.33 by $0.11. Steven Madden had a net margin of 5.23% and a return on equity of 13.85%. The company had revenue of $665.87 million during the quarter, compared to analysts’ expectations of $635.39 million. During the same period in the previous year, the company earned $0.20 EPS. The business’s revenue for the quarter was up 19.1% compared to the same quarter last year. Steven Madden has set its FY 2026 guidance at 2.050-2.150 EPS. On average, analysts forecast that Steven Madden, Ltd. will post 2.14 earnings per share for the current fiscal year.

Steven Madden Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 24th. Shareholders of record on Friday, September 11th will be issued a $0.21 dividend. This represents a $0.84 dividend on an annualized basis and a dividend yield of 1.7%. The ex-dividend date of this dividend is Friday, September 11th. Steven Madden’s dividend payout ratio (DPR) is currently 42.21%.

Steven Madden 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.