336,430 Shares in Caleres, Inc. $CAL Purchased by Man Group plc

Man Group plc acquired a new position in Caleres, Inc. (NYSE:CAL) during the 2nd quarter, HoldingsChannel reports. The fund acquired 336,430 shares of the textile maker’s stock, valued at approximately $4,162,000.

Several other institutional investors have also recently made changes to their positions in the company. Arrowstreet Capital Limited Partnership grew its position in Caleres by 21.7% during the first quarter. Arrowstreet Capital Limited Partnership now owns 1,474,671 shares of the textile maker’s stock valued at $15,543,000 after buying an additional 262,576 shares during the period. Invenomic Capital Management LP grew its position in shares of Caleres by 18.4% during the 4th quarter. Invenomic Capital Management LP now owns 1,031,874 shares of the textile maker’s stock valued at $12,558,000 after acquiring an additional 160,274 shares during the period. Landscape Capital Management L.L.C. increased its stake in shares of Caleres by 54.5% in the 4th quarter. Landscape Capital Management L.L.C. now owns 446,756 shares of the textile maker’s stock valued at $5,437,000 after purchasing an additional 157,625 shares in the last quarter. Paradigm Capital Management Inc. NY acquired a new position in Caleres in the 2nd quarter worth about $8,246,000. Finally, Connor Clark & Lunn Investment Management Ltd. purchased a new position in Caleres during the second quarter worth approximately $3,891,000. 98.44% of the stock is owned by hedge funds and other institutional investors.

Caleres Trading Up 0.4%

NYSE:CAL opened at $12.53 on Monday. The company has a market cap of $420.88 million, a P/E ratio of -1,251.75 and a beta of 0.76. Caleres, Inc. has a twelve month low of $8.80 and a twelve month high of $16.14. The company’s 50-day moving average price is $12.77 and its 200-day moving average price is $12.43.

Caleres (NYSE:CAL) last announced its quarterly earnings data on Thursday, June 4th. The textile maker reported $0.38 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.37 by $0.01. The company had revenue of $666.60 million during the quarter, compared to analysts’ expectations of $662.63 million. Caleres had a net margin of 0.02% and a return on equity of 7.33%. Caleres’s revenue was up 8.5% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.22 EPS. Caleres has set its Q2 2026 guidance at 0.320-0.380 EPS and its FY 2026 guidance at 1.400-1.650 EPS. On average, analysts expect that Caleres, Inc. will post 1.63 earnings per share for the current year.

Caleres Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, September 25th. Investors of record on Friday, September 11th will be issued a $0.07 dividend. This represents a $0.28 annualized dividend and a dividend yield of 2.2%. The ex-dividend date of this dividend is Friday, September 11th. Caleres’s dividend payout ratio (DPR) is currently -2,800.00%.

Wall Street Analyst Weigh In

A number of analysts have recently commented on the company. Weiss Ratings restated a “sell (d+)” rating on shares of Caleres in a research report on Friday, July 31st. KeyCorp restated a “sector weight” rating on shares of Caleres in a research report on Friday, June 5th. Wall Street Zen cut shares of Caleres from a “buy” rating to a “hold” rating in a research note on Saturday. Finally, Zacks Research cut Caleres from a “strong-buy” rating to a “hold” rating in a report on Wednesday, July 1st. Two equities research analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Reduce”.

Caleres Company Profile

Caleres, Inc, formerly known as Brown Shoe Company, is a leading footwear company engaged in the design, sourcing, marketing and selling of a broad portfolio of branded and private-label shoes. The company’s operations span a range of market segments from value-priced to premium and luxury. Caleres operates through two primary segments: a retail segment anchored by the Famous Footwear banner, which includes more than 1,100 stores across North America, and a brand portfolio segment comprising owned and licensed brands such as Allen Edmonds, Naturalizer, Sam Edelman, Dr.