Neumeier Poma Investment Counsel LLC Has $31.97 Million Stock Position in Steven Madden, Ltd. $SHOO

Neumeier Poma Investment Counsel LLC boosted its position in shares of Steven Madden, Ltd. (NASDAQ:SHOO) by 155.9% during the third quarter, HoldingsChannel reports. The institutional investor owned 955,010 shares of the textile maker’s stock after purchasing an additional 581,745 shares during the period. Steven Madden accounts for approximately 2.6% of Neumeier Poma Investment Counsel LLC’s portfolio, making the stock its 18th largest holding. Neumeier Poma Investment Counsel LLC’s holdings in Steven Madden were worth $31,974,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in the company. Vanguard Group Inc. raised its holdings in shares of Steven Madden by 2.5% during the 3rd quarter. Vanguard Group Inc. now owns 8,283,806 shares of the textile maker’s stock worth $277,342,000 after buying an additional 200,013 shares in the last quarter. Invesco Ltd. raised its holdings in Steven Madden by 50.5% in the 2nd quarter. Invesco Ltd. now owns 2,426,926 shares of the textile maker’s stock valued at $58,198,000 after buying an additional 814,318 shares during the last quarter. Geode Capital Management LLC grew its holdings in Steven Madden by 1.9% during the 2nd quarter. Geode Capital Management LLC now owns 1,790,038 shares of the textile maker’s stock worth $42,931,000 after acquiring an additional 32,604 shares during the last quarter. Bank of America Corp DE grew its stake in shares of Steven Madden by 19.0% in the second quarter. Bank of America Corp DE now owns 836,496 shares of the textile maker’s stock worth $20,059,000 after purchasing an additional 133,466 shares during the last quarter. Finally, Ameriprise Financial Inc. increased its holdings in Steven Madden by 29.6% in the second quarter. Ameriprise Financial Inc. now owns 811,153 shares of the textile maker’s stock valued at $19,451,000 after purchasing an additional 185,417 shares during the period. Institutional investors and hedge funds own 99.88% of the company’s stock.

Trending Headlines about Steven Madden

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

• Positive Sentiment: Declared cash dividend of $0.21 per share (record Mar 11, pay Mar 20), implying a ~2.3% yield — supports income investors and can reduce selling pressure around the ex-dividend date. Read More.
• Positive Sentiment: Short interest fell sharply (~24% month-over-month to ~3.38M shares, ~4.8% of float), lowering potential short-squeeze risk and removing some near-term downward pressure on the stock. (internal short-interest report)
• Positive Sentiment: Small EPS beat: adjusted Q4 EPS $0.48 vs. consensus ~$0.46, showing the business can still deliver earnings upside despite pressures. Read More.
• Neutral Sentiment: Revenue rose ~29% y/y to ~$753.7M, largely driven by the Kurt Geiger acquisition — a growth datapoint that’s offset by margin and cost questions. Read More.
• Neutral Sentiment: Company provided FY2026 revenue range (~$2.7B–$2.8B) but offered limited/unclear EPS guidance, leaving the street to model margins and tariff impacts. Read More.
• Negative Sentiment: Management withheld a clear profit forecast and flagged tariff uncertainty as a material near-term headwind — that guidance ambiguity is a key reason the stock sold off despite the EPS beat. Read More.
• Negative Sentiment: Analyst reaction: Needham cut its price target from $50 to $41 (still a buy), signaling reduced upside expectations and prompting some re-rating by investors. Read More.
• Negative Sentiment: High intraday volume and broad-sector weak sentiment amplified the move lower as traders reacted to uncertainty around tariffs, margins and analyst revisions (market flow).

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on SHOO shares. Zacks Research downgraded shares of Steven Madden from a “strong-buy” rating to a “hold” rating in a research note on Thursday, February 5th. Telsey Advisory Group reissued an “outperform” rating and issued a $50.00 price target on shares of Steven Madden in a research report on Thursday, February 19th. Jefferies Financial Group lowered shares of Steven Madden from a “hold” rating to an “underperform” rating and set a $30.00 price objective on the stock. in a research note on Thursday, February 5th. BTIG Research reissued a “buy” rating and set a $50.00 target price on shares of Steven Madden in a research report on Thursday, February 19th. Finally, Piper Sandler increased their target price on shares of Steven Madden from $40.00 to $50.00 and gave the company an “overweight” rating in a report on Thursday, November 6th. Five investment analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $42.38.

Steven Madden Stock Down 4.1%

SHOO opened at $35.82 on Thursday. Steven Madden, Ltd. has a 12 month low of $19.05 and a 12 month high of $46.88. The company has a market cap of $2.60 billion, a PE ratio of 45.34 and a beta of 1.11. The company has a current ratio of 1.91, a quick ratio of 1.08 and a debt-to-equity ratio of 0.33. The company has a 50 day moving average of $42.07 and a 200 day moving average of $37.32.

Steven Madden (NASDAQ:SHOO) last announced its quarterly earnings results on Wednesday, February 25th. The textile maker reported $0.48 earnings per share for the quarter, beating the consensus estimate of $0.46 by $0.02. Steven Madden had a return on equity of 14.28% and a net margin of 2.38%.The company had revenue of $753.70 million during the quarter, compared to analysts’ expectations of $758.53 million. During the same period in the previous year, the business earned $0.55 earnings per share. The firm’s quarterly revenue was up 29.6% compared to the same quarter last year. On average, sell-side analysts expect that Steven Madden, Ltd. will post 2.66 EPS for the current year.

Steven Madden Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 20th. Investors of record on Wednesday, March 11th will be given a $0.21 dividend. This represents a $0.84 dividend on an annualized basis and a dividend yield of 2.3%. The ex-dividend date is Wednesday, March 11th. Steven Madden’s dividend payout ratio (DPR) is 106.33%.

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.