SCHEDULE: FMR LLC Discloses 10.4% Stake in Steven Madden Ltd
Ownership Disclosure
FMR LLC, along with Abigail P. Johnson, has reported beneficial ownership of 10.4% of Steven Madden Ltd's common stock as of September 30, 2026.
Summary
- FMR LLC and Abigail P. Johnson have filed a Schedule 13G, indicating their beneficial ownership of Steven Madden Ltd's common stock.
- As of September 30, 2026, the total beneficial ownership is reported as 7,622,406.36 shares.
- This represents 10.4% of the total outstanding common stock of Steven Madden Ltd.
- FMR LLC holds sole voting power for 7,609,742.00 shares and sole dispositive power for 7,622,406.36 shares.
- Abigail P. Johnson is identified as a Director, Chairman, and CEO of FMR LLC, and members of the Johnson family are predominant owners of FMR LLC.
Sentiment
Score: 6
Explanation: StockSavvy.ai views this filing as neutral to slightly positive, reflecting a significant but not overwhelming institutional ownership stake. The disclosure itself is routine for Schedule 13G filings.
Positives
- Significant institutional ownership by FMR LLC and Abigail P. Johnson, indicating confidence in Steven Madden Ltd.
- The filing confirms a substantial holding of 10.4% of the company's common stock.
Negatives
- No specific negative financial or operational information is presented in this Schedule 13G filing, as it is a disclosure of ownership.
Risks
- Potential for future changes in FMR LLC's ownership stake, which could impact stock price and liquidity.
- Concentration of ownership could influence corporate governance decisions.
Future Outlook
This filing does not contain forward-looking statements or guidance regarding future performance. It is a disclosure of current ownership.
Management Comments
- FMR LLC and Abigail P. Johnson are reporting their beneficial ownership of Steven Madden Ltd's common stock.
- Abigail P. Johnson is a Director, Chairman, and Chief Executive Officer of FMR LLC.
- Members of the Johnson family are predominant owners of FMR LLC and have entered into a shareholders' voting agreement.
Industry Context
StockSavvy.ai notes that significant institutional ownership, as reported by FMR LLC, is common in the apparel and retail sector. Such holdings often signal a belief in the company's long-term prospects or strategic value.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Shareholders' Voting Agreement | Members of the Johnson family and other Series B shareholders of FMR LLC have entered into a voting agreement to vote Series B shares according to the majority vote. | Not specified, but active as of the filing date. | Ensures coordinated voting of FMR LLC's Series B shares, potentially influencing control and strategic direction of FMR LLC. |
Stakeholder Impact
- Shareholders: The significant stake held by FMR LLC and Abigail P. Johnson may influence corporate strategy and governance, potentially impacting shareholder value.
- Management: The substantial ownership by key figures within FMR LLC could align management interests with those of these large shareholders.
Next Steps
- FMR LLC and Abigail P. Johnson will continue to hold their beneficial ownership stake in Steven Madden Ltd.
- Future filings will be made if there are material changes in ownership.
Key Dates
| Date | Description |
|---|---|
| 09/30/2026 | Date of Event Which Requires Filing of this Statement |
| 10/06/2026 | Date of joint filing agreement and signature date for FMR LLC and Abigail P. Johnson |
Keywords
Steven Madden, FMR LLC, Abigail P. Johnson, Schedule 13G, Institutional Ownership, Common Stock, Beneficial Ownership
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