Northwestern Mutual Wealth Management Co. Increases Holdings in Caleres, Inc. $CAL

Posted by on May 20th, 2026

Northwestern Mutual Wealth Management Co. raised its stake in shares of Caleres, Inc. (NYSE:CAL – Free Report) by 56,997.9% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 1,836,841 shares of the textile maker’s stock after buying an additional 1,833,624 shares during the quarter. Northwestern Mutual Wealth Management Co. owned approximately 0.05% of Caleres worth $22,354,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also added to or reduced their stakes in CAL. AQR Capital Management LLC raised its stake in Caleres by 143.2% during the 1st quarter. AQR Capital Management LLC now owns 90,546 shares of the textile maker’s stock valued at $1,560,000 after buying an additional 53,320 shares during the last quarter. Empowered Funds LLC raised its stake in Caleres by 4.2% during the 1st quarter. Empowered Funds LLC now owns 162,814 shares of the textile maker’s stock valued at $2,805,000 after buying an additional 6,502 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake in Caleres by 4.1% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 105,137 shares of the textile maker’s stock valued at $1,812,000 after buying an additional 4,175 shares during the last quarter. Franklin Resources Inc. raised its stake in Caleres by 5.6% during the 2nd quarter. Franklin Resources Inc. now owns 18,902 shares of the textile maker’s stock valued at $231,000 after buying an additional 1,007 shares during the last quarter. Finally, Rhumbline Advisers raised its stake in Caleres by 2.4% during the 2nd quarter. Rhumbline Advisers now owns 99,677 shares of the textile maker’s stock valued at $1,218,000 after buying an additional 2,352 shares during the last quarter. 98.44% of the stock is currently owned by hedge funds and other institutional investors.

Caleres Price Performance

NYSE:CAL opened at $11.03 on Wednesday. The firm has a market capitalization of $372.15 million, a price-to-earnings ratio of -50.13 and a beta of 0.71. Caleres, Inc. has a one year low of $8.80 and a one year high of $17.53. The business has a fifty day moving average price of $11.69 and a 200-day moving average price of $12.10.

Caleres (NYSE:CAL – Get Free Report) last posted its quarterly earnings data on Thursday, March 19th. The textile maker reported ($0.36) EPS for the quarter, topping the consensus estimate of ($0.40) by $0.04. The firm had revenue of $695.06 million during the quarter, compared to analyst estimates of $688.43 million. Caleres had a positive return on equity of 6.49% and a negative net margin of 0.24%.Caleres’s revenue was up 8.7% on a year-over-year basis. During the same period in the prior year, the business posted $0.33 EPS. On average, equities research analysts expect that Caleres, Inc. will post 1.5 earnings per share for the current fiscal year.

Caleres Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, April 10th. Stockholders of record on Thursday, March 26th were paid a $0.07 dividend. This represents a $0.28 annualized dividend and a dividend yield of 2.5%. The ex-dividend date was Thursday, March 26th. Caleres’s dividend payout ratio is -127.27%.

Analysts Set New Price Targets

CAL has been the subject of a number of research reports. Zacks Research upgraded shares of Caleres from a “strong sell” rating to a “hold” rating in a research note on Thursday, February 26th. Seaport Research Partners boosted their target price on shares of Caleres from $14.00 to $16.00 and gave the company a “buy” rating in a research note on Thursday, March 19th. Finally, Weiss Ratings upgraded shares of Caleres from a “sell (d)” rating to a “sell (d+)” rating in a research note on Monday, May 4th. Two investment analysts have rated the stock with a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Reduce” and an average price target of $14.00.

View Our Latest Research Report on CAL

Caleres Profile

(Free Report)

Caleres, Inc, formerly known as Brown Shoe Company, is a leading footwear company engaged in the design, sourcing, marketing and selling of a broad portfolio of branded and private-label shoes. The company’s operations span a range of market segments from value-priced to premium and luxury. Caleres operates through two primary segments: a retail segment anchored by the Famous Footwear banner, which includes more than 1,100 stores across North America, and a brand portfolio segment comprising owned and licensed brands such as Allen Edmonds, Naturalizer, Sam Edelman, Dr.

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Institutional Ownership by Quarter for Caleres (NYSE:CAL)

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