Neumeier Poma Investment Counsel LLC Has $8.95 Million Stock Holdings in Steven Madden, Ltd. $SHOO

Neumeier Poma Investment Counsel LLC trimmed its holdings in Steven Madden, Ltd. (NASDAQ:SHOO) by 0.8% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 373,265 shares of the textile maker’s stock after selling 3,128 shares during the period. Neumeier Poma Investment Counsel LLC owned 0.51% of Steven Madden worth $8,951,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Jefferies Financial Group Inc. bought a new stake in Steven Madden in the first quarter worth $303,000. American Century Companies Inc. raised its holdings 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 buying an additional 55,300 shares in the last quarter. State of Alaska Department of Revenue raised its holdings 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 buying an additional 3,247 shares in the last quarter. Allspring Global Investments Holdings LLC lifted its position in shares of Steven Madden by 15.4% in the second quarter. Allspring Global Investments Holdings LLC now owns 1,679,538 shares of the textile maker’s stock worth $42,324,000 after buying an additional 224,157 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC bought a new stake in shares of Steven Madden during the 2nd quarter worth about $389,000. Institutional investors and hedge funds own 99.88% of the company’s stock.

Steven Madden Stock Performance

Shares of NASDAQ SHOO opened at $37.17 on Wednesday. The company has a quick ratio of 1.13, a current ratio of 2.01 and a debt-to-equity ratio of 0.33. The business’s 50 day moving average is $34.50 and its two-hundred day moving average is $28.82. The company has a market cap of $2.70 billion, a P/E ratio of 29.27 and a beta of 1.31. 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 data 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 business had revenue of $667.88 million during 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 firm’s revenue was up 6.9% compared to the same quarter last year. During the same period in the prior year, the company posted $0.91 earnings per share. Steven Madden has set its Q4 2025 guidance at 0.410-0.460 EPS. On average, equities analysts expect that Steven Madden, Ltd. will post 2.66 EPS for the current year.

Steven Madden Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, December 26th. Shareholders of record on Monday, December 15th will be given a $0.21 dividend. This represents a $0.84 annualized dividend and a yield of 2.3%. The ex-dividend date is Monday, December 15th. Steven Madden’s dividend payout ratio (DPR) is currently 106.33%.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on SHOO shares. Citigroup reissued a “buy” rating and issued a $41.00 price objective (up from $32.00) on shares of Steven Madden in a research note on Friday, October 17th. Wall Street Zen upgraded Steven Madden from a “sell” rating to a “hold” rating in a report on Saturday, November 1st. Piper Sandler lifted their price target on shares of Steven Madden from $40.00 to $50.00 and gave the company an “overweight” rating in a research report on Thursday, November 6th. Telsey Advisory Group restated an “outperform” rating and issued a $45.00 price objective on shares of Steven Madden in a research note on Wednesday, November 12th. Finally, Needham & Company LLC reaffirmed a “hold” rating on shares of Steven Madden in a report on Wednesday, July 30th. One research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $42.83.

Steven Madden Company 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.