Confluence Investment Management LLC Has $2.17 Million Holdings in Movado Group Inc. $MOV

Confluence Investment Management LLC trimmed its position in shares of Movado Group Inc. (NYSE:MOV) by 25.4% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 105,378 shares of the company’s stock after selling 35,805 shares during the quarter. Confluence Investment Management LLC’s holdings in Movado Group were worth $2,173,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. CWM LLC raised its stake in shares of Movado Group by 28.2% in the third quarter. CWM LLC now owns 3,318 shares of the company’s stock valued at $63,000 after acquiring an additional 730 shares during the last quarter. Harbor Capital Advisors Inc. grew its position in Movado Group by 20.4% during the 3rd quarter. Harbor Capital Advisors Inc. now owns 4,655 shares of the company’s stock worth $88,000 after acquiring an additional 790 shares during the last quarter. Comerica Bank grew its position in Movado Group by 99.0% during the 3rd quarter. Comerica Bank now owns 1,785 shares of the company’s stock worth $34,000 after acquiring an additional 888 shares during the last quarter. Royal Bank of Canada increased its holdings in Movado Group by 4.1% during the 1st quarter. Royal Bank of Canada now owns 26,524 shares of the company’s stock valued at $444,000 after purchasing an additional 1,042 shares in the last quarter. Finally, Geode Capital Management LLC increased its holdings in Movado Group by 0.3% during the 2nd quarter. Geode Capital Management LLC now owns 374,858 shares of the company’s stock valued at $5,718,000 after purchasing an additional 1,131 shares in the last quarter. Institutional investors and hedge funds own 72.08% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have commented on MOV shares. Northland Securities began coverage on Movado Group in a research note on Wednesday, January 7th. They issued an “outperform” rating and a $30.00 price objective on the stock. Weiss Ratings restated a “hold (c)” rating on shares of Movado Group in a research note on Monday, December 29th. BWS Financial reaffirmed a “buy” rating and issued a $31.50 price target on shares of Movado Group in a report on Friday. Zacks Research upgraded shares of Movado Group from a “strong sell” rating to a “hold” rating in a research report on Monday, January 26th. Finally, Wall Street Zen raised shares of Movado Group from a “buy” rating to a “strong-buy” rating in a report on Saturday, February 7th. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $30.75.

Movado Group Stock Performance

Shares of MOV opened at $23.99 on Friday. The business’s fifty day moving average price is $23.83 and its two-hundred day moving average price is $21.10. The firm has a market capitalization of $530.98 million, a price-to-earnings ratio of 20.68 and a beta of 0.93. Movado Group Inc. has a 52 week low of $12.85 and a 52 week high of $25.85.

Movado Group (NYSE:MOV) last released its earnings results on Thursday, March 19th. The company reported $0.57 earnings per share for the quarter, topping analysts’ consensus estimates of $0.52 by $0.05. Movado Group had a return on equity of 6.09% and a net margin of 3.96%.The company had revenue of $191.58 million during the quarter, compared to the consensus estimate of $182.02 million. As a group, research analysts forecast that Movado Group Inc. will post 1.05 EPS for the current year.

Movado Group Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, April 16th. Investors of record on Thursday, April 2nd will be given a $0.35 dividend. This represents a $1.40 dividend on an annualized basis and a yield of 5.8%. The ex-dividend date is Thursday, April 2nd. Movado Group’s dividend payout ratio (DPR) is presently 120.69%.

Movado Group News Summary

Here are the key news stories impacting Movado Group this week:

• Positive Sentiment: Q4 results beat consensus: Movado reported $0.57 EPS and $191.6M revenue, both above expectations, and management highlighted improving operating results. Movado Group Announces Fourth Quarter and Fiscal Year 2026 Results
• Positive Sentiment: Dividend declared: Movado announced a $0.35 quarterly dividend (annualized yield ~5.6%), which supports income investors and can underpin valuation.
• Positive Sentiment: Analyst support and higher targets: BWS Financial reaffirmed a Buy with a $31.50 target and Northland reiterated a Strong‑Buy/Buy view with a ~$30 target while raising several near‑term quarterly estimates — signals of continued analyst confidence. Benzinga Northland Buy Rating & Price Target
• Neutral Sentiment: Mixed estimate revisions from Northland: the firm raised some quarterly/near‑term EPS forecasts (Q1/Q4 2028) but trimmed others (several Q2/Q3 2027 estimates) and slightly lowered FY2028 from $1.87 to $1.83 — a nuanced view that partially offsets the positive revisions.
• Negative Sentiment: Management withheld FY27 outlook and flagged near‑term headwinds: the company did not provide full‑year guidance and public coverage highlighted tariff pressures and international weakness (Middle East/currency effects), which increase uncertainty for forward growth and margins. Movado Withholds FY27 Outlook (MarketWatch) Tariff Pressure Report (Investing.com)

Movado Group Company Profile

Movado Group, Inc is a global designer, manufacturer and distributor of watches and related jewelry products. The company’s portfolio encompasses both owned and licensed brands, offering a wide range of timepieces from luxury to accessible price points. Major owned brands include Movado, Concord, and Ebel, alongside newer acquisitions such as MVMT and Olivia Burton. In addition, Movado Group holds licensing agreements to produce watches under fashion names like Hugo Boss, Tommy Hilfiger, Coach, Lacoste and Scuderia Ferrari.

Movado Group’s product line spans classic dress watches, sport and dive models, fashion-forward designs and limited-edition collections.