Bank of New York Mellon Corp Purchases Shares of 116,516 Caleres, Inc. $CAL

Bank of New York Mellon Corp bought a new position in shares of Caleres, Inc. (NYSE:CAL - Free Report) during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 116,516 shares of the textile maker's stock, valued at approximately $1,441,000. Bank of New York Mellon Corp owned approximately 0.35% of Caleres as of its most recent SEC filing.

A number of other large investors have also modified their holdings of the company. Northwestern Mutual Wealth Management Co. raised its position in Caleres by 56,997.9% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 1,836,841 shares of the textile maker's stock worth $22,354,000 after purchasing an additional 1,833,624 shares in the last quarter. Arrowstreet Capital Limited Partnership grew its holdings in shares of Caleres by 120.4% in the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 1,072,550 shares of the textile maker's stock worth $13,986,000 after purchasing an additional 586,020 shares during the last quarter. Federated Hermes Inc. increased its position in shares of Caleres by 86.3% during the 4th quarter. Federated Hermes Inc. now owns 937,391 shares of the textile maker's stock worth $11,408,000 after purchasing an additional 434,269 shares in the last quarter. Renaissance Technologies LLC acquired a new stake in shares of Caleres during the 4th quarter worth about $4,338,000. Finally, Paradigm Capital Management Inc. NY lifted its holdings in Caleres by 39.1% during the 4th quarter. Paradigm Capital Management Inc. NY now owns 911,599 shares of the textile maker's stock valued at $11,094,000 after purchasing an additional 256,155 shares during the last quarter. 98.44% of the stock is currently owned by institutional investors and hedge funds.

Key Stories Impacting Caleres

Here are the key news stories impacting Caleres this week:

• Positive Sentiment: Caleres reported quarterly EPS of $0.47, well above the $0.37 analyst consensus and up from $0.20 a year earlier. Revenue rose 5.6% year over year to $695.45 million, supported by gains across the company’s brand portfolio. Caleres Inc. Reports Climb In Q2 Income
• Positive Sentiment: Management raised fiscal 2026 adjusted EPS guidance to $1.50-$1.65, substantially above the prior analyst consensus of $0.72. The company said its fashion brands are resonating with consumers, with broad-based gains across brands, channels and geographies and market-share gains in women’s fashion footwear. Caleres Shares Gain on Lift to FY Outlook, Higher 2Q Profit
• Positive Sentiment: Fashion-oriented products—including pumps, flats and loafers—helped drive stronger shoe sales, reinforcing the view that Caleres’ brand portfolio is gaining traction with consumers. Caleres Shoe Sales Are Up
• Neutral Sentiment: Third-quarter EPS guidance of $0.62-$0.70 is below the $0.83 consensus, signaling that near-term earnings may be softer despite the improved full-year outlook. Caleres Sees Higher Q3 Sales and Lifts Fiscal-Year Earnings View
• Negative Sentiment: Quarterly revenue of $695.45 million fell short of the $702.49 million analyst estimate, while Famous Footwear retail results lagged the stronger performance of Caleres’ fashion brands. The company also reported an exceptionally thin net margin, leaving limited room for execution setbacks. Caleres Says Fashion Brands Drove Q2 Gains While Famous Footwear Retail Lagged

Analyst Ratings Changes

Several brokerages have weighed in on CAL. Weiss Ratings reaffirmed a "sell (d+)" rating on shares of Caleres in a research note on Friday, July 31st. Zacks Research cut shares of Caleres from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, July 1st. KeyCorp reiterated a "sector weight" rating on shares of Caleres in a research report on Friday, June 5th. Finally, Wall Street Zen lowered Caleres from a "buy" rating to a "hold" rating in a research note on Saturday, August 29th. Two analysts have rated the stock with a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of "Reduce".

Caleres Stock Up 1.6%

Shares of CAL opened at $12.22 on Thursday. The stock's fifty day simple moving average is $12.69 and its 200-day simple moving average is $12.43. The firm has a market capitalization of $410.47 million, a PE ratio of -1,220.78 and a beta of 0.75. Caleres, Inc. has a 12-month low of $8.80 and a 12-month high of $16.14.

Caleres (NYSE:CAL - Get Free Report) last announced its quarterly earnings data on Wednesday, September 9th. The textile maker reported $0.47 EPS for the quarter, topping analysts' consensus estimates of $0.37 by $0.10. The firm had revenue of $695.45 million during the quarter, compared to analyst estimates of $702.49 million. Caleres had a return on equity of 7.33% and a net margin of 0.02%.The company's revenue was up 5.6% on a year-over-year basis. During the same period last year, the company earned $0.20 earnings per share. Caleres has set its Q3 2026 guidance at 0.620-0.700 EPS and its FY 2026 guidance at 1.500-1.650 EPS. Analysts anticipate that Caleres, Inc. will post 1.62 EPS for the current year.

Caleres Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, September 25th. Stockholders of record on Friday, September 11th will be given a dividend of $0.07 per share. The ex-dividend date is Friday, September 11th. This represents a $0.28 annualized dividend and a dividend yield of 2.3%. Caleres's payout ratio is currently -2,800.00%.

About Caleres

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.

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