Segall Bryant & Hamill LLC Sells 35,920 Shares of Steven Madden, Ltd. $SHOO

Segall Bryant & Hamill LLC decreased its position in Steven Madden, Ltd. (NASDAQ:SHOO) by 8.3% during the 1st quarter, Holdings Channel.com reports. The firm owned 398,921 shares of the textile maker’s stock after selling 35,920 shares during the period. Segall Bryant & Hamill LLC’s holdings in Steven Madden were worth $13,531,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of SHOO. EverSource Wealth Advisors LLC increased its position in Steven Madden by 86.6% in the second quarter. EverSource Wealth Advisors LLC now owns 1,045 shares of the textile maker’s stock worth $25,000 after buying an additional 485 shares during the last quarter. Los Angeles Capital Management LLC purchased a new position in shares of Steven Madden during the 4th quarter valued at $30,000. Global Retirement Partners LLC lifted its position in shares of Steven Madden by 1,064.3% during the 4th quarter. Global Retirement Partners LLC now owns 815 shares of the textile maker’s stock valued at $34,000 after buying an additional 745 shares during the last quarter. First Horizon Corp grew its stake in shares of Steven Madden by 55.1% during the 4th quarter. First Horizon Corp now owns 892 shares of the textile maker’s stock worth $37,000 after acquiring an additional 317 shares during the period. Finally, Farther Finance Advisors LLC grew its stake in shares of Steven Madden by 79.4% during the 4th quarter. Farther Finance Advisors LLC now owns 983 shares of the textile maker’s stock worth $41,000 after acquiring an additional 435 shares during the period. 99.88% of the stock is owned by institutional investors.

Insider Buying and Selling

In other Steven Madden news, insider Christina Ciglar sold 5,147 shares of the firm’s stock in a transaction 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 of the company’s stock, valued at $1,574,848. This trade represents a 12.76% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Arian Simone Reed sold 648 shares of the business’s stock in a transaction on Wednesday, May 20th. The shares were 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 $322,038.29. This trade represents a 7.44% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 6,270 shares of company stock worth $276,992 in the last ninety days. 2.21% of the stock is currently owned by insiders.

Key Steven Madden News

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

• Positive Sentiment: Q2 results exceeded expectations: Adjusted EPS was $0.44, above the $0.33 analyst consensus and up from $0.20 a year earlier. Revenue rose 19.1% year over year to $665.9 million, beating estimates of approximately $635.4 million. Steven Madden Q2 Earnings and Revenues Top Estimates
• Positive Sentiment: Fiscal 2026 outlook was raised: Steven Madden increased its full-year revenue and adjusted EPS expectations following the quarterly rebound. Current EPS guidance is $2.05 to $2.15, with revenue guidance near $2.8 billion, supporting the view that demand and profitability are improving. SHOO Stock Jumps After Q2 Earnings Beat
• Positive Sentiment: Analyst sentiment improved: Telsey Advisory Group raised its price target from $50 to $55 and assigned an “Outperform” rating. Needham also reiterated its “Buy” rating with a $52 target, citing the earnings beat and margin recovery. Steven Madden Buy Rating Reaffirmed
• Neutral Sentiment: Brokerages collectively maintain a “Moderate Buy” recommendation, indicating generally favorable sentiment but not unanimous conviction.
• Neutral Sentiment: Steven Madden declared a quarterly dividend of $0.21 per share, payable September 24 to shareholders of record September 11. The dividend provides modest income support, with an indicated yield of about 1.8%.
• Negative Sentiment: The EPS guidance range has a midpoint of $2.10, slightly below the current analyst consensus of $2.12, which could limit upside if future results do not exceed expectations.

Steven Madden Stock Performance

NASDAQ:SHOO opened at $46.08 on Friday. The business’s fifty day moving average is $43.13 and its 200 day moving average is $39.96. The firm has a market cap of $3.37 billion, a price-to-earnings ratio of 23.16 and a beta of 1.15. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.42 and a current ratio of 1.91. Steven Madden, Ltd. has a 52-week low of $23.15 and a 52-week high of $48.76.

Steven Madden (NASDAQ:SHOO) last issued its earnings results on Thursday, July 30th. The textile maker reported $0.44 EPS for the quarter, topping the consensus estimate of $0.33 by $0.11. The business had revenue of $665.87 million during the quarter, compared to the consensus estimate of $635.39 million. Steven Madden had a return on equity of 13.85% and a net margin of 5.23%.The firm’s revenue was up 19.1% compared to the same quarter last year. During the same quarter last year, the company earned $0.20 EPS. Steven Madden has set its FY 2026 guidance at 2.050-2.150 EPS. Research analysts predict that Steven Madden, Ltd. will post 2.14 EPS for the current year.

Steven Madden Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 24th. Investors of record on Friday, September 11th will be paid a dividend of $0.21 per share. The ex-dividend date of this dividend is Friday, September 11th. This represents a $0.84 annualized dividend and a yield of 1.8%. Steven Madden’s payout ratio is currently 42.21%.

Analyst Upgrades and Downgrades

SHOO has been the subject of several recent research reports. UBS Group reissued a “neutral” rating and issued a $45.00 price objective (up from $40.00) on shares of Steven Madden in a report on Friday. Wall Street Zen upgraded shares of Steven Madden from a “hold” rating to a “buy” rating in a research report on Saturday, June 6th. Weiss Ratings reiterated a “hold (c)” rating on shares of Steven Madden in a research report on Friday, July 17th. Telsey Advisory Group lifted their target price on shares of Steven Madden from $50.00 to $55.00 and gave the stock an “outperform” rating in a research note on Friday. Finally, Piper Sandler reissued an “overweight” rating and issued a $50.00 price target on shares of Steven Madden in a research report on Friday. One investment analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, two have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $48.12.

Steven Madden 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.