Commonwealth of Pennsylvania Public School Empls Retrmt SYS Grows Position in Steven Madden, Ltd. $SHOO

Commonwealth of Pennsylvania Public School Empls Retrmt SYS grew its stake in Steven Madden, Ltd. (NASDAQ:SHOO) by 7.9% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 18,647 shares of the textile maker’s stock after buying an additional 1,371 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings in Steven Madden were worth $447,000 at the end of the most recent reporting period.

Other institutional investors have also recently modified their holdings of the company. CWM LLC raised its position in Steven Madden by 231.0% in the 1st quarter. CWM LLC now owns 2,277 shares of the textile maker’s stock worth $61,000 after purchasing an additional 1,589 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH purchased a new position in Steven Madden during the 1st quarter valued at $2,004,000. Zurcher Kantonalbank Zurich Cantonalbank lifted its holdings in Steven Madden by 12.5% in the first quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 26,691 shares of the textile maker’s stock worth $711,000 after buying an additional 2,975 shares during the period. Mackenzie Financial Corp lifted its stake in shares of Steven Madden by 20.4% in the 1st quarter. Mackenzie Financial Corp now owns 10,137 shares of the textile maker’s stock valued at $270,000 after purchasing an additional 1,721 shares during the period. Finally, Federated Hermes Inc. lifted its position in Steven Madden by 270,516.2% during the first quarter. Federated Hermes Inc. now owns 533,114 shares of the textile maker’s stock valued at $14,202,000 after buying an additional 532,917 shares during the period. 99.88% of the stock is currently owned by institutional investors.

Steven Madden Trading Up 0.8%

NASDAQ SHOO opened at $41.88 on Thursday. The company has a current ratio of 2.01, a quick ratio of 1.13 and a debt-to-equity ratio of 0.33. The stock has a market cap of $3.04 billion, a PE ratio of 32.98 and a beta of 1.31. The company’s 50-day moving average price is $35.50 and its 200-day moving average price is $29.51. Steven Madden, Ltd. has a 12 month low of $19.05 and a 12 month high of $46.76.

Steven Madden (NASDAQ:SHOO) last posted its quarterly earnings results on Wednesday, November 5th. The textile maker reported $0.43 earnings per share for the quarter, missing the consensus estimate of $0.44 by ($0.01). The company had revenue of $667.88 million for the quarter, compared to the consensus estimate of $697.89 million. Steven Madden had a net margin of 3.92% and a return on equity of 18.32%. The business’s revenue was up 6.9% on a year-over-year basis. During the same period in the prior year, the firm posted $0.91 EPS. Steven Madden has set its Q4 2025 guidance at 0.410-0.460 EPS. Equities research analysts forecast that Steven Madden, Ltd. will post 2.66 earnings per share for the current year.

Steven Madden Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 26th. Investors of record on Monday, December 15th will be paid a $0.21 dividend. The ex-dividend date of this dividend is Monday, December 15th. This represents a $0.84 dividend on an annualized basis and a yield of 2.0%. Steven Madden’s payout ratio is 106.33%.

Analysts Set New Price Targets

A number of research analysts recently weighed in on SHOO shares. Piper Sandler raised their price objective on Steven Madden from $40.00 to $50.00 and gave the company an “overweight” rating in a research report on Thursday, November 6th. UBS Group lifted their target price on shares of Steven Madden from $26.00 to $43.00 and gave the stock a “neutral” rating in a research report on Thursday, November 6th. BTIG Research upped their price target 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. Needham & Company LLC reaffirmed a “hold” rating on shares of Steven Madden in a report on Wednesday, July 30th. Finally, Telsey Advisory Group reiterated an “outperform” rating and issued a $45.00 price target on shares of Steven Madden in a research report on Wednesday, November 12th. One investment analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $42.83.

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.