Empowered Funds LLC Purchases New Stake in Movado Group Inc. $MOV

Posted by Geri Gentry on Sep 1st, 2026

Empowered Funds LLC acquired a new position in Movado Group Inc. (NYSE:MOV – Free Report) in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 103,365 shares of the company’s stock, valued at approximately $4,063,000.

A number of other institutional investors have also recently bought and sold shares of MOV. BlackRock Inc. purchased a new position in Movado Group during the 2nd quarter valued at about $52,824,000. Vanguard Group Inc. lifted its position in shares of Movado Group by 5.9% in the third quarter. Vanguard Group Inc. now owns 1,029,220 shares of the company’s stock worth $19,524,000 after purchasing an additional 57,353 shares in the last quarter. Goldman Sachs Group Inc. lifted its position in shares of Movado Group by 3.4% in the fourth quarter. Goldman Sachs Group Inc. now owns 888,244 shares of the company’s stock worth $18,316,000 after purchasing an additional 29,137 shares in the last quarter. Brandes Investment Partners LP lifted its position in shares of Movado Group by 5.6% in the fourth quarter. Brandes Investment Partners LP now owns 704,036 shares of the company’s stock worth $14,517,000 after purchasing an additional 37,587 shares in the last quarter. Finally, Ameriprise Financial Inc. boosted its holdings in shares of Movado Group by 14.4% during the second quarter. Ameriprise Financial Inc. now owns 636,862 shares of the company’s stock worth $9,712,000 after purchasing an additional 80,109 shares during the period. 72.08% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research analysts recently commented on the stock. Northland Securities set a $35.00 price objective on shares of Movado Group in a research report on Wednesday, May 27th. Zacks Research upgraded shares of Movado Group from a “hold” rating to a “strong-buy” rating in a research report on Friday, May 29th. Wall Street Zen lowered shares of Movado Group from a “strong-buy” rating to a “buy” rating in a research note on Saturday. BWS Financial restated a “buy” rating and set a $45.00 price target on shares of Movado Group in a report on Monday, July 27th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Movado Group in a research note on Tuesday, August 25th. Two equities research analysts have rated the stock with a Strong Buy rating, one has issued a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Buy” and an average target price of $40.00.

View Our Latest Research Report on MOV

Movado Group Price Performance

MOV opened at $33.83 on Tuesday. The company has a market capitalization of $746.97 million, a PE ratio of 18.79 and a beta of 0.97. Movado Group Inc. has a fifty-two week low of $17.24 and a fifty-two week high of $40.50. The business has a 50-day moving average of $37.23 and a 200-day moving average of $31.34.

Movado Group (NYSE:MOV – Get Free Report) last announced its quarterly earnings results on Wednesday, August 26th. The company reported $0.54 EPS for the quarter, beating the consensus estimate of $0.35 by $0.19. Movado Group had a return on equity of 8.49% and a net margin of 6.00%.The business had revenue of $169.75 million during the quarter, compared to analysts’ expectations of $164.20 million. On average, equities research analysts expect that Movado Group Inc. will post 1.89 earnings per share for the current fiscal year.

Movado Group Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 22nd. Shareholders of record on Tuesday, September 8th will be paid a $0.40 dividend. The ex-dividend date is Tuesday, September 8th. This represents a $1.60 dividend on an annualized basis and a yield of 4.7%. Movado Group’s payout ratio is 88.89%.

Movado Group Company Profile

(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.