Steven Madden, Ltd. $SHOO Shares Purchased by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP raised its stake in Steven Madden, Ltd. (NASDAQ:SHOO) by 4.4% during the 1st quarter, Holdings Channel.com reports. The institutional investor owned 2,353,331 shares of the textile maker’s stock after acquiring an additional 99,066 shares during the period. Dimensional Fund Advisors LP’s holdings in Steven Madden were worth $79,819,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently modified their holdings of the company. EverSource Wealth Advisors LLC raised its position in shares of Steven Madden by 86.6% during the second quarter. EverSource Wealth Advisors LLC now owns 1,045 shares of the textile maker’s stock worth $25,000 after purchasing an additional 485 shares during the period. Los Angeles Capital Management LLC purchased a new stake in shares of Steven Madden during the fourth quarter valued at $30,000. Global Retirement Partners LLC boosted its position in shares of Steven Madden by 1,064.3% in the 4th quarter. Global Retirement Partners LLC now owns 815 shares of the textile maker’s stock valued at $34,000 after purchasing an additional 745 shares during the period. First Horizon Corp boosted its position in shares of Steven Madden by 55.1% in the 4th quarter. First Horizon Corp now owns 892 shares of the textile maker’s stock valued at $37,000 after purchasing an additional 317 shares during the period. Finally, Farther Finance Advisors LLC increased its stake in Steven Madden by 79.4% in the 4th quarter. Farther Finance Advisors LLC now owns 983 shares of the textile maker’s stock worth $41,000 after purchasing an additional 435 shares in the last quarter. Institutional investors and hedge funds own 99.88% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have issued reports on SHOO shares. Weiss Ratings restated a “hold (c)” rating on shares of Steven Madden in a report on Friday, July 17th. BTIG Research reiterated a “buy” rating and issued a $50.00 target price on shares of Steven Madden in a report on Monday. UBS Group reissued a “neutral” rating and issued a $40.00 target price (up from $38.00) on shares of Steven Madden in a research report on Monday, April 27th. Wall Street Zen upgraded shares of Steven Madden from a “hold” rating to a “buy” rating in a report on Saturday, June 6th. Finally, Zacks Research upgraded shares of Steven Madden from a “hold” rating to a “strong-buy” rating in a research report on Monday, July 6th. One analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, Steven Madden currently has a consensus rating of “Moderate Buy” and an average target price of $45.12.

Steven Madden Stock Up 10.2%

Steven Madden stock opened at $47.83 on Friday. The company has a market capitalization of $3.50 billion, a P/E ratio of 45.55 and a beta of 1.15. The firm’s fifty day simple moving average is $43.04 and its 200-day simple moving average is $39.92. The company has a current ratio of 2.23, a quick ratio of 1.42 and a debt-to-equity ratio of 0.30. Steven Madden, Ltd. has a 1-year low of $23.15 and a 1-year high of $47.99.

Steven Madden (NASDAQ:SHOO) last released its quarterly earnings data on Thursday, July 30th. The textile maker reported $0.44 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.33 by $0.11. The business had revenue of $665.87 million during the quarter, compared to analyst estimates of $635.39 million. Steven Madden had a net margin of 2.89% and a return on equity of 12.29%. Steven Madden’s quarterly revenue was up 19.1% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.20 EPS. Steven Madden has set its FY 2026 guidance at 2.050-2.150 EPS. Sell-side analysts forecast that Steven Madden, Ltd. will post 2.11 earnings per share for the current fiscal year.

Steven Madden Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 24th. Shareholders of record on Friday, September 11th will be given a $0.21 dividend. The ex-dividend date of this dividend is Friday, September 11th. This represents a $0.84 dividend on an annualized basis and a dividend yield of 1.8%. Steven Madden’s payout ratio is currently 80.00%.

Key Stories Impacting Steven Madden

Here are the key news stories impacting Steven Madden this week:

• Positive Sentiment: Second-quarter adjusted EPS was $0.44, topping the $0.33 consensus estimate and more than doubling the $0.20 reported in the year-ago quarter. Revenue rose 19.1% year over year to $665.9 million, exceeding estimates of $635.4 million. Steven Madden Q2 Earnings and Revenues Top Estimates
• Positive Sentiment: Management updated its fiscal 2026 outlook to EPS of $2.05–$2.15 and revenue of approximately $2.8 billion, signaling continued growth and a rebound in margins. Steve Madden boosts outlook amid strong quarterly rebound
• Positive Sentiment: Needham analyst Tom Nikic reaffirmed a Buy rating and maintained a $52 price target, citing the quarterly beat and margin recovery. Steven Madden Buy Rating Reaffirmed
• Positive Sentiment: The company declared a quarterly dividend of $0.21 per share, payable September 24 to shareholders of record September 11, representing an annualized dividend of $0.84 and an approximately 1.8% yield.
• Neutral Sentiment: Although the earnings outlook was updated, the midpoint of the $2.05–$2.15 EPS range is modestly below the $2.12 analyst consensus, leaving execution and demand trends important for further upside.

Insider Transactions at Steven Madden

In other news, Director Arian Simone Reed sold 648 shares of the stock in a transaction dated Wednesday, May 20th. The stock was sold at an average price of $39.97, for a total transaction of $25,900.56. Following the transaction, the director owned 8,057 shares of the company’s stock, valued at approximately $322,038.29. This represents a 7.44% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Christina Ciglar sold 5,147 shares of the firm’s stock in a transaction that occurred on Tuesday, June 9th. The shares were sold at an average price of $44.74, for a total value of $230,276.78. Following the completion of the transaction, the insider directly owned 35,200 shares in the company, valued at $1,574,848. The trade was a 12.76% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 6,270 shares of company stock valued at $276,992 in the last ninety days. Insiders own 2.21% of the company’s stock.

Steven Madden Company Profile

Steven Madden, Inc (NASDAQ: SHOO) is a New York–based designer and marketer of fashion footwear, handbags and accessories. The company’s product portfolio spans a range of contemporary and lifestyle brands for women, men and children, including its core Steve Madden label as well as the Madden Girl and Dolce Vita brands. In addition to footwear, the company licenses its trademarks for use on apparel, eyewear and other fashion accessories.

Steven Madden distributes its products through multiple channels, including wholesale partners, e-commerce platforms and its own brick-and-mortar retail stores.