Landscape Capital Management L.L.C. Increases Stock Holdings in Caleres, Inc. $CAL

Landscape Capital Management L.L.C. grew its position in Caleres, Inc. (NYSE:CALFree Report) by 54.5% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 446,756 shares of the textile maker’s stock after purchasing an additional 157,625 shares during the period. Landscape Capital Management L.L.C.’s holdings in Caleres were worth $5,437,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Invenomic Capital Management LP increased its position in shares of Caleres by 19.7% in the third quarter. Invenomic Capital Management LP now owns 871,600 shares of the textile maker’s stock valued at $11,366,000 after buying an additional 143,175 shares in the last quarter. Daytona Street Capital LLC acquired a new stake in shares of Caleres during the fourth quarter valued at $1,141,000. SG Americas Securities LLC boosted its stake in shares of Caleres by 229.1% during the fourth quarter. SG Americas Securities LLC now owns 162,932 shares of the textile maker’s stock valued at $1,983,000 after acquiring an additional 113,426 shares during the last quarter. Semanteon Capital Management LP acquired a new stake in shares of Caleres during the third quarter valued at $564,000. Finally, Catalyst Funds Management Pty Ltd acquired a new stake in shares of Caleres during the fourth quarter valued at $493,000. Hedge funds and other institutional investors own 98.44% of the company’s stock.

Analysts Set New Price Targets

A number of research firms recently commented on CAL. Wall Street Zen raised Caleres from a “hold” rating to a “buy” rating in a research note on Saturday, June 6th. Seaport Research Partners increased their price objective on Caleres from $14.00 to $16.00 and gave the company a “buy” rating in a research note on Thursday, March 19th. Zacks Research raised Caleres from a “hold” rating to a “strong-buy” rating in a research note on Thursday, May 21st. Weiss Ratings raised Caleres from a “sell (d)” rating to a “sell (d+)” rating in a research note on Monday, May 4th. Finally, KeyCorp reaffirmed a “sector weight” rating on shares of Caleres in a research note on Friday, June 5th. One research analyst has rated the stock with a Strong Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Hold”.

Read Our Latest Stock Analysis on Caleres

Insider Transactions at Caleres

In other Caleres news, insider Daniel R. Freidman sold 11,207 shares of the firm’s stock in a transaction dated Thursday, May 28th. The stock was sold at an average price of $15.00, for a total value of $168,105.00. Following the sale, the insider directly owned 64,780 shares of the company’s stock, valued at approximately $971,700. This trade represents a 14.75% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 3.10% of the company’s stock.

Caleres Trading Down 0.3%

Shares of NYSE:CAL opened at $14.68 on Friday. The stock’s 50-day moving average price is $12.99 and its two-hundred day moving average price is $12.49. Caleres, Inc. has a 12-month low of $8.80 and a 12-month high of $16.14. The firm has a market cap of $493.10 million, a price-to-earnings ratio of -1,466.53 and a beta of 0.74.

Caleres (NYSE:CALGet Free Report) last issued its quarterly earnings results on Thursday, June 4th. The textile maker reported $0.38 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.37 by $0.01. Caleres had a return on equity of 7.33% and a net margin of 0.02%.The firm had revenue of $666.60 million for the quarter, compared to analyst estimates of $662.64 million. During the same period last year, the company earned $0.22 EPS. The firm’s quarterly revenue was up 8.5% on a year-over-year basis. Caleres has set its Q2 2026 guidance at 0.320-0.380 EPS and its FY 2026 guidance at 1.400-1.650 EPS. As a group, research analysts forecast that Caleres, Inc. will post 1.63 earnings per share for the current fiscal year.

Caleres Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, June 26th. Shareholders of record on Thursday, June 11th will be paid a $0.07 dividend. This represents a $0.28 dividend on an annualized basis and a yield of 1.9%. The ex-dividend date of this dividend is Thursday, June 11th. Caleres’s dividend payout ratio (DPR) is presently -2,800.00%.

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.

Further Reading

Want to see what other hedge funds are holding CAL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Caleres, Inc. (NYSE:CALFree Report).

Institutional Ownership by Quarter for Caleres (NYSE:CAL)

Receive News & Ratings for Caleres Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Caleres and related companies with MarketBeat.com's FREE daily email newsletter.