Systematic Financial Management LP Purchases 14,500 Shares of Steven Madden, Ltd. $SHOO

Systematic Financial Management LP boosted its position in shares of Steven Madden, Ltd. (NASDAQ:SHOO) by 3.0% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 505,143 shares of the textile maker’s stock after buying an additional 14,500 shares during the period. Systematic Financial Management LP owned approximately 0.70% of Steven Madden worth $12,113,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Jefferies Financial Group Inc. purchased a new stake in shares of Steven Madden during the 1st quarter valued at about $303,000. Creative Planning increased its stake in Steven Madden by 463.4% during the second quarter. Creative Planning now owns 89,156 shares of the textile maker’s stock worth $2,138,000 after acquiring an additional 73,331 shares during the last quarter. American Century Companies Inc. raised its position in Steven Madden by 74.0% during the first quarter. American Century Companies Inc. now owns 130,079 shares of the textile maker’s stock valued at $3,465,000 after purchasing an additional 55,300 shares during the period. State of Alaska Department of Revenue raised its position in Steven Madden by 8.1% during the second quarter. State of Alaska Department of Revenue now owns 43,248 shares of the textile maker’s stock valued at $1,036,000 after purchasing an additional 3,247 shares during the period. Finally, Allspring Global Investments Holdings LLC lifted its stake in shares of Steven Madden by 15.4% in the 2nd quarter. Allspring Global Investments Holdings LLC now owns 1,679,538 shares of the textile maker’s stock valued at $42,324,000 after purchasing an additional 224,157 shares during the last quarter. Institutional investors own 99.88% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on SHOO shares. Telsey Advisory Group reissued an “outperform” rating and set a $45.00 target price on shares of Steven Madden in a research report on Wednesday, November 12th. Piper Sandler lifted their price objective on shares of Steven Madden from $40.00 to $50.00 and gave the stock an “overweight” rating in a research note on Thursday, November 6th. BTIG Research boosted their price objective on shares of Steven Madden from $40.00 to $43.00 and gave the company a “buy” rating in a research report on Wednesday, November 5th. Zacks Research upgraded shares of Steven Madden from a “hold” rating to a “strong-buy” rating in a report on Thursday, November 6th. Finally, Citigroup reissued a “buy” rating and issued a $41.00 price objective (up from $32.00) on shares of Steven Madden in a research report on Friday, October 17th. One research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and five have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Steven Madden presently has an average rating of “Moderate Buy” and an average price target of $42.83.

Steven Madden Stock Up 5.8%

Shares of SHOO opened at $44.11 on Thursday. The firm has a fifty day moving average price of $36.48 and a 200-day moving average price of $30.07. The company has a current ratio of 1.91, a quick ratio of 1.08 and a debt-to-equity ratio of 0.33. The firm has a market capitalization of $3.21 billion, a P/E ratio of 55.84 and a beta of 1.13. Steven Madden, Ltd. has a 12-month low of $19.05 and a 12-month high of $46.35.

Steven Madden (NASDAQ:SHOO) last posted its quarterly earnings results on Wednesday, November 5th. The textile maker reported $0.43 EPS for the quarter, missing the consensus estimate of $0.44 by ($0.01). The company had revenue of $667.88 million during the quarter, compared to analysts’ expectations of $697.89 million. Steven Madden had a return on equity of 14.28% and a net margin of 2.38%.The company’s quarterly revenue was up 6.9% on a year-over-year basis. During the same period in the prior year, the business earned $0.91 EPS. Steven Madden has set its Q4 2025 guidance at 0.410-0.460 EPS. Equities research analysts expect that Steven Madden, Ltd. will post 2.66 earnings per share for the current year.

Steven Madden Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, December 26th. Stockholders of record on Monday, December 15th will be paid a dividend of $0.21 per share. This represents a $0.84 annualized dividend and a dividend yield of 1.9%. The ex-dividend date of this dividend is Monday, December 15th. Steven Madden’s payout ratio is currently 106.33%.

Steven Madden Profile

Steven Madden, Ltd. designs, sources, and markets fashion-forward branded and private label footwear, accessories, and apparel in the United States and internationally. It operates through Wholesale Footwear, Wholesale Accessories/Apparel, Direct-to- Consumer, and Licensing segments. The Wholesale Footwear segment designs, sources, and markets various products, including dress shoes, boots, booties, fashion sneakers, sandals, and casual shoes under the Steve Madden, Dolce Vita, Betsey Johnson, Blondo, GREATS, and Anne Klein brands.