Movado Group (NYSE:MOV) Reaches New 52-Week High – What’s Next?

Posted by Geri Gentry on May 26th, 2026

Movado Group Inc. (NYSE:MOV – Get Free Report) shares reached a new 52-week high during trading on Tuesday . The stock traded as high as $29.63 and last traded at $29.53, with a volume of 262746 shares changing hands. The stock had previously closed at $28.45.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on MOV. Wall Street Zen raised Movado Group from a “buy” rating to a “strong-buy” rating in a report on Saturday, February 7th. Zacks Research upgraded Movado Group from a “strong sell” rating to a “hold” rating in a report on Monday, January 26th. Finally, BWS Financial reaffirmed a “buy” rating and issued a $31.50 price objective on shares of Movado Group in a research note on Friday, March 20th. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat.com, Movado Group has a consensus rating of “Moderate Buy” and an average target price of $30.75.

Check Out Our Latest Report on MOV

Movado Group Trading Up 3.8%

The firm has a market capitalization of $652.02 million, a PE ratio of 25.46 and a beta of 0.86. The business’s 50 day simple moving average is $26.21 and its 200 day simple moving average is $23.51.

Movado Group (NYSE:MOV – Get Free Report) last announced its earnings results on Thursday, March 19th. The company reported $0.57 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.52 by $0.05. Movado Group had a net margin of 3.96% and a return on equity of 6.09%. The firm had revenue of $191.58 million for the quarter, compared to analysts’ expectations of $182.02 million. Analysts forecast that Movado Group Inc. will post 1.53 earnings per share for the current year.

Movado Group Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, April 16th. Stockholders of record on Thursday, April 2nd were paid a $0.35 dividend. This represents a $1.40 annualized dividend and a dividend yield of 4.7%. The ex-dividend date of this dividend was Thursday, April 2nd. Movado Group’s dividend payout ratio (DPR) is presently 120.69%.

Hedge Funds Weigh In On Movado Group

Several large investors have recently modified their holdings of the stock. Goldman Sachs Group Inc. raised its holdings in Movado Group by 212.8% during the 1st quarter. Goldman Sachs Group Inc. now owns 671,397 shares of the company’s stock valued at $11,226,000 after buying an additional 456,727 shares during the period. JPMorgan Chase & Co. boosted its stake in Movado Group by 153.4% during the second quarter. JPMorgan Chase & Co. now owns 161,178 shares of the company’s stock worth $2,458,000 after buying an additional 97,566 shares during the period. AQR Capital Management LLC increased its position in Movado Group by 94.1% during the fourth quarter. AQR Capital Management LLC now owns 186,862 shares of the company’s stock valued at $3,853,000 after acquiring an additional 90,578 shares during the last quarter. Ameriprise Financial Inc. increased its position in Movado Group by 14.4% during the second quarter. Ameriprise Financial Inc. now owns 636,862 shares of the company’s stock valued at $9,712,000 after acquiring an additional 80,109 shares during the last quarter. Finally, Russell Investments Group Ltd. raised its stake in shares of Movado Group by 45.3% in the third quarter. Russell Investments Group Ltd. now owns 255,699 shares of the company’s stock valued at $4,851,000 after acquiring an additional 79,684 shares during the period. Institutional investors own 72.08% of the company’s stock.

Movado Group Company Profile

(Get Free Report)

Movado Group, Inc is a global designer, manufacturer and distributor of watches and related jewelry products. The company’s portfolio encompasses both owned and licensed brands, offering a wide range of timepieces from luxury to accessible price points. Major owned brands include Movado, Concord, and Ebel, alongside newer acquisitions such as MVMT and Olivia Burton. In addition, Movado Group holds licensing agreements to produce watches under fashion names like Hugo Boss, Tommy Hilfiger, Coach, Lacoste and Scuderia Ferrari.

Movado Group’s product line spans classic dress watches, sport and dive models, fashion-forward designs and limited-edition collections.