Weyco Group's 15-minute chart shows KDJ Death Cross, bearish Marubozu pattern.

Weyco Group's 15-minute chart has recently exhibited a KDJ Death Cross and a Bearish Marubozu pattern, observed on September 4, 2023, at 12:00 PM. This indicates a shift in the stock price's momentum towards a downward trend, with a potential for further decline. Sellers are currently in control of the market, and it is likely that this bearish momentum will persist.

Raymond James Financial Inc. has bolstered its investment in Rocky Brands, Inc. (NASDAQ: RCKY) by increasing its stake by 6.0% during the first quarter. As of its most recent SEC filing, the company now owns 448,490 shares of Rocky Brands, valued at approximately $7.79 million [1].

The increase comes as Rocky Brands prepares to pay a quarterly dividend of $0.155 per share on September 16th, resulting in an annualized yield of 2.0% [1]. This dividend represents a 25.00% payout ratio and is a significant addition to the company's financial profile.

Analyst ratings for Rocky Brands have been mixed. Robert W. Baird upgraded the stock from "neutral" to "outperform" and set a target price of $40.00 [1]. However, Wall Street Zen downgraded the stock from "buy" to "hold" [1]. Despite this, the stock currently has an average rating of "Strong Buy" with a consensus target price of $40.00 [1].

Other institutional investors have also adjusted their stakes in Rocky Brands. Wells Fargo & Company MN increased its holdings by 31.2%, while GAMMA Investing LLC and Bank of America Corp DE saw significant increases as well [1]. Hedge funds and other institutional investors own 75.06% of the company's stock [1].

Rocky Brands reported earnings of $0.55 per share for the quarter, beating analysts' estimates by $0.31, and had revenue of $105.65 million [1]. The company's return on equity was 10.41%, and its net margin was 4.03% [1].

Despite the positive earnings report, the stock has experienced a downward trend, with a 1-year low of $11.93 and a 1-year high of $33.04 [1]. The 50-day moving average is $25.25, and the 200-day moving average is $21.19 [1].

References:
[1] https://www.marketbeat.com/instant-alerts/filing-raymond-james-financial-inc-raises-stake-in-rocky-brands-inc-rcky-2025-09-02/