Neumeier Poma Investment Counsel LLC Acquires New Holdings in Steven Madden, Ltd. $SHOO

Neumeier Poma Investment Counsel LLC acquired a new position in Steven Madden, Ltd. (NASDAQ:SHOO) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 1,185,049 shares of the textile maker’s stock, valued at approximately $49,890,563,000. Steven Madden accounts for approximately 3.4% of Neumeier Poma Investment Counsel LLC’s investment portfolio, making the stock its 9th biggest holding.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. GAMMA Investing LLC raised its position in shares of Steven Madden by 2.6% during the 2nd quarter. GAMMA Investing LLC now owns 9,984 shares of the textile maker’s stock worth $420,000 after buying an additional 257 shares in the last quarter. Public Employees Retirement System of Ohio lifted its stake in shares of Steven Madden by 13.9% in the 3rd quarter. Public Employees Retirement System of Ohio now owns 2,324 shares of the textile maker’s stock worth $78,000 after acquiring an additional 283 shares during the period. Oregon Public Employees Retirement Fund boosted its holdings in shares of Steven Madden by 1.8% in the fourth quarter. Oregon Public Employees Retirement Fund now owns 16,640 shares of the textile maker’s stock valued at $693,000 after acquiring an additional 300 shares in the last quarter. Vanguard Personalized Indexing Management LLC boosted its holdings in shares of Steven Madden by 2.4% in the fourth quarter. Vanguard Personalized Indexing Management LLC now owns 13,738 shares of the textile maker’s stock valued at $572,000 after acquiring an additional 321 shares in the last quarter. Finally, Thrivent Financial for Lutherans increased its stake in shares of Steven Madden by 0.7% during the second quarter. Thrivent Financial for Lutherans now owns 53,404 shares of the textile maker’s stock valued at $1,281,000 after acquiring an additional 378 shares during the period. Institutional investors 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: 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 Stock Performance

Shares of NASDAQ SHOO opened at $46.08 on Monday. The stock’s fifty day simple moving average is $44.19 and its 200 day simple moving average is $40.19. The stock has a market capitalization of $3.37 billion, a price-to-earnings ratio of 23.16 and a beta of 1.14. 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 52-week low of $27.19 and a 52-week high of $49.70.

Steven Madden (NASDAQ:SHOO) last announced 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 return on equity of 13.85% and a net margin of 5.23%.The business had revenue of $665.87 million during the quarter, compared to the consensus estimate of $635.39 million. During the same period in the prior year, the business posted $0.20 earnings per share. Steven Madden’s revenue 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. As a group, sell-side analysts forecast that Steven Madden, Ltd. will post 2.15 earnings per share for the current fiscal year.

Steven Madden Dividend Announcement

The company also recently disclosed 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. The ex-dividend date of this dividend is Friday, September 11th. This represents a $0.84 dividend on an annualized basis and a yield of 1.8%. Steven Madden’s dividend payout ratio is currently 42.21%.

Insider Activity

In other news, Director Mitchell S. Klipper sold 3,918 shares of Steven Madden stock in a transaction that occurred on Wednesday, August 5th. The shares were sold at an average price of $48.54, for a total value of $190,179.72. Following the transaction, 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 legal filing with the SEC, which is available at this link. Also, Director Arian Simone Reed sold 1,250 shares of the business’s stock in a transaction that occurred on Wednesday, August 5th. The shares were sold at an average price of $48.76, for a total transaction of $60,950.00. Following the sale, the director owned 8,196 shares in the company, valued at $399,636.96. This represents a 13.23% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 14,708 shares of company stock valued at $691,304 over the last ninety days. Corporate insiders own 2.21% of the company’s stock.

Analyst Upgrades and Downgrades

SHOO has been the topic of several recent analyst reports. Piper Sandler set a $55.00 target price on Steven Madden and gave the stock an “overweight” rating in a report on Wednesday, August 5th. Citigroup reaffirmed a “buy” rating and set a $55.00 price target (up from $45.00) on shares of Steven Madden in a research note on Friday, July 31st. Wall Street Zen upgraded Steven Madden from a “buy” rating to a “strong-buy” rating in a research report on Saturday, August 8th. Weiss Ratings reissued a “hold (c)” rating on shares of Steven Madden in a research note on Friday, July 17th. Finally, Needham & Company LLC upped their price objective on Steven Madden from $45.00 to $52.00 and gave the company a “buy” rating in a report on Friday, June 12th. Five analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $49.75.

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.