Steven Madden, Ltd. $SHOO Shares Sold by Universal Beteiligungs und Servicegesellschaft mbH

Universal Beteiligungs und Servicegesellschaft mbH lowered its holdings in Steven Madden, Ltd. (NASDAQ:SHOO) by 20.5% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 59,758 shares of the textile maker’s stock after selling 15,453 shares during the quarter. Universal Beteiligungs und Servicegesellschaft mbH owned 0.08% of Steven Madden worth $1,433,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of SHOO. PNC Financial Services Group Inc. increased its position in shares of Steven Madden by 7.5% during the 2nd quarter. PNC Financial Services Group Inc. now owns 8,722 shares of the textile maker’s stock worth $209,000 after purchasing an additional 610 shares during the last quarter. Covestor Ltd increased its position in shares of Steven Madden by 22.9% during the first quarter. Covestor Ltd now owns 4,906 shares of the textile maker’s stock valued at $130,000 after acquiring an additional 915 shares during the last quarter. HighTower Advisors LLC increased its position in shares of Steven Madden by 17.5% during the first quarter. HighTower Advisors LLC now owns 7,567 shares of the textile maker’s stock valued at $202,000 after acquiring an additional 1,128 shares during the last quarter. Bank of Montreal Can raised its stake in shares of Steven Madden by 9.7% in the 2nd quarter. Bank of Montreal Can now owns 14,175 shares of the textile maker’s stock valued at $340,000 after acquiring an additional 1,257 shares during the period. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS lifted its holdings in shares of Steven Madden by 7.9% in the 2nd quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 18,647 shares of the textile maker’s stock worth $447,000 after acquiring an additional 1,371 shares during the last quarter. Institutional investors and hedge funds own 99.88% of the company’s stock.

Wall Street Analyst Weigh In

SHOO has been the topic of a number of research analyst reports. Citigroup reissued a “buy” rating and issued a $41.00 target price (up previously from $32.00) on shares of Steven Madden in a research report on Friday, October 17th. Weiss Ratings reiterated a “hold (c)” rating on shares of Steven Madden in a report on Wednesday, October 8th. Zacks Research raised Steven Madden from a “hold” rating to a “strong-buy” rating in a research note on Thursday, November 6th. UBS Group lifted their target price on Steven Madden from $26.00 to $43.00 and gave the company a “neutral” rating in a research report on Thursday, November 6th. Finally, Wall Street Zen upgraded shares of Steven Madden from a “sell” rating to a “hold” rating in a research note on Saturday, November 1st. One analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and five have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Steven Madden presently has a consensus rating of “Moderate Buy” and an average target price of $42.83.

Steven Madden Price Performance

SHOO stock opened at $41.55 on Wednesday. The company has a debt-to-equity ratio of 0.33, a current ratio of 2.01 and a quick ratio of 1.13. The firm has a market capitalization of $3.02 billion, a P/E ratio of 32.72 and a beta of 1.31. The business’s 50-day moving average is $35.32 and its two-hundred day moving average is $29.42. Steven Madden, Ltd. has a 1 year low of $19.05 and a 1 year high of $46.76.

Steven Madden (NASDAQ:SHOO) last announced its quarterly earnings data on Wednesday, November 5th. The textile maker reported $0.43 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.44 by ($0.01). The company had revenue of $667.88 million during the quarter, compared to analysts’ expectations of $697.89 million. Steven Madden had a net margin of 3.92% and a return on equity of 18.32%. The business’s quarterly revenue was up 6.9% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.91 EPS. Steven Madden has set its Q4 2025 guidance at 0.410-0.460 EPS. Analysts anticipate that Steven Madden, Ltd. will post 2.66 earnings per share for the current fiscal year.

Steven Madden Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, December 26th. Shareholders of record on Monday, December 15th will be issued a dividend of $0.21 per share. This represents a $0.84 dividend on an annualized basis and a yield of 2.0%. The ex-dividend date of this dividend is Monday, December 15th. Steven Madden’s payout ratio is 106.33%.

About Steven Madden

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.