17,785 Shares in Steven Madden, Ltd. $SHOO Purchased by Lombard Odier Asset Management USA Corp

Lombard Odier Asset Management USA Corp purchased a new position in Steven Madden, Ltd. (NASDAQ:SHOO) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 17,785 shares of the textile maker’s stock, valued at approximately $426,000.

Other large investors have also recently modified their holdings of the company. EverSource Wealth Advisors LLC boosted its stake in Steven Madden by 86.6% in the 2nd 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 in the last quarter. Caitong International Asset Management Co. Ltd raised its holdings in Steven Madden by 328.8% in the first quarter. Caitong International Asset Management Co. Ltd now owns 2,161 shares of the textile maker’s stock worth $58,000 after buying an additional 1,657 shares during the last quarter. Signaturefd LLC raised its holdings in Steven Madden by 475.5% in the second quarter. Signaturefd LLC now owns 2,492 shares of the textile maker’s stock worth $60,000 after buying an additional 2,059 shares during the last quarter. HighTower Advisors LLC lifted its stake in shares of Steven Madden by 17.5% in the first quarter. HighTower Advisors LLC now owns 7,567 shares of the textile maker’s stock worth $202,000 after buying an additional 1,128 shares in the last quarter. Finally, Cetera Investment Advisers purchased a new stake in shares of Steven Madden during the second quarter valued at approximately $204,000. Hedge funds and other institutional investors own 99.88% of the company’s stock.

Steven Madden Price Performance

Shares of SHOO opened at $43.57 on Wednesday. The firm has a fifty day simple moving average of $37.27 and a two-hundred day simple moving average of $30.61. The firm has a market cap of $3.17 billion, a PE ratio of 55.15 and a beta of 1.13. The company has a current ratio of 1.91, a quick ratio of 1.08 and a debt-to-equity ratio of 0.33. Steven Madden, Ltd. has a 1-year low of $19.05 and a 1-year high of $44.44.

Steven Madden (NASDAQ:SHOO) last released its quarterly earnings results on Wednesday, November 5th. The textile maker reported $0.43 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.44 by ($0.01). The firm had revenue of $667.88 million during the quarter, compared to analysts’ expectations of $697.89 million. Steven Madden had a return on equity of 14.28% and a net margin of 2.38%.The business’s quarterly revenue was up 6.9% on a year-over-year basis. During the same quarter last year, the business earned $0.91 earnings per share. Steven Madden has set its Q4 2025 guidance at 0.410-0.460 EPS. On average, equities analysts anticipate that Steven Madden, Ltd. will post 2.66 EPS for the current year.

Steven Madden Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, December 26th. Stockholders of record on Monday, December 15th will be given a dividend of $0.21 per share. The ex-dividend date of this dividend is Monday, December 15th. This represents a $0.84 annualized dividend and a dividend yield of 1.9%. Steven Madden’s dividend payout ratio is presently 106.33%.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on the stock. BTIG Research reissued a “buy” rating and set a $50.00 price target (up previously from $43.00) on shares of Steven Madden in a research report on Thursday, December 4th. Weiss Ratings reiterated a “hold (c)” rating on shares of Steven Madden in a research note on Wednesday, October 8th. Telsey Advisory Group reissued an “outperform” rating and issued a $45.00 target price on shares of Steven Madden in a report on Wednesday, November 12th. Citigroup reaffirmed a “buy” rating and set a $41.00 price target (up from $32.00) on shares of Steven Madden in a report on Friday, October 17th. Finally, Wall Street Zen raised Steven Madden from a “sell” rating to a “hold” rating in a research report on Saturday, November 1st. One research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $44.00.

Steven Madden Profile

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.