Wolverine World Wide, Inc. (NYSE:WWW) Given Average Recommendation of “Hold” by Analysts

Shares of Wolverine World Wide, Inc. (NYSE:WWW) have earned an average recommendation of “Hold” from the eleven research firms that are covering the stock, Marketbeat.com reports. Six research analysts have rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average 12 month price objective among brokerages that have issued ratings on the stock in the last year is $21.75.

A number of equities analysts have commented on the company. Robert W. Baird lowered their price objective on Wolverine World Wide from $27.00 to $24.00 and set an “outperform” rating on the stock in a research note on Friday. KeyCorp raised their price objective on Wolverine World Wide from $24.00 to $25.00 and gave the stock an “overweight” rating in a research note on Friday, February 27th. Wall Street Zen upgraded Wolverine World Wide from a “hold” rating to a “buy” rating in a research note on Saturday. BNP Paribas Exane lowered Wolverine World Wide from an “outperform” rating to a “neutral” rating and lowered their price objective for the stock from $38.00 to $19.00 in a research note on Thursday, January 22nd. Finally, Zacks Research raised Wolverine World Wide from a “strong sell” rating to a “hold” rating in a report on Friday, February 27th.

Wolverine World Wide News Summary

Here are the key news stories impacting Wolverine World Wide this week:

• Positive Sentiment: Wolverine beat Q1 earnings and revenue expectations, with EPS of $0.25 versus $0.22 expected and revenue of $457.6 million versus $448.4 million expected, helped by stronger performance from Merrell and Saucony. Article title
• Positive Sentiment: The company raised its FY2026 profit outlook to EPS of $1.43 to $1.58 and said margins should improve, reinforcing confidence in earnings momentum. Article title
• Positive Sentiment: Management said pricing helped protect Q1 margins and noted encouraging progress across the business, which supports the stock’s recent strength. Article title
• Neutral Sentiment: Analysts at Robert W. Baird and Telsey Advisory Group lowered price targets to $24 and $18, respectively, but both kept their ratings constructive, signaling some caution rather than a clear shift in the thesis.

Institutional Investors Weigh In On Wolverine World Wide

Large investors have recently modified their holdings of the business. Alua Capital Management LP acquired a new stake in shares of Wolverine World Wide in the 3rd quarter valued at $33,231,000. WCM Investment Management LLC boosted its holdings in shares of Wolverine World Wide by 78.2% during the 3rd quarter. WCM Investment Management LLC now owns 1,008,395 shares of the textile maker’s stock valued at $27,499,000 after acquiring an additional 442,649 shares in the last quarter. M&G PLC acquired a new stake in shares of Wolverine World Wide during the 3rd quarter valued at $10,618,000. Jupiter Asset Management Ltd. boosted its holdings in shares of Wolverine World Wide by 131.6% during the 3rd quarter. Jupiter Asset Management Ltd. now owns 563,255 shares of the textile maker’s stock valued at $15,456,000 after acquiring an additional 320,043 shares in the last quarter. Finally, Portolan Capital Management LLC acquired a new stake in shares of Wolverine World Wide during the 3rd quarter valued at $21,859,000. Institutional investors and hedge funds own 90.25% of the company’s stock.

Wolverine World Wide Stock Performance

NYSE:WWW opened at $15.30 on Friday. The stock has a market cap of $1.25 billion, a P/E ratio of 12.34 and a beta of 1.75. The stock has a 50 day simple moving average of $16.70 and a 200 day simple moving average of $17.57. The company has a current ratio of 1.53, a quick ratio of 0.87 and a debt-to-equity ratio of 1.26. Wolverine World Wide has a 1-year low of $13.47 and a 1-year high of $32.80.

Wolverine World Wide (NYSE:WWW) last released its quarterly earnings results on Thursday, May 14th. The textile maker reported $0.25 earnings per share for the quarter, topping the consensus estimate of $0.22 by $0.03. Wolverine World Wide had a return on equity of 29.37% and a net margin of 5.41%.The business had revenue of $457.60 million during the quarter, compared to analysts’ expectations of $448.44 million. During the same period last year, the firm posted $0.18 EPS. The firm’s revenue for the quarter was up 11.0% compared to the same quarter last year. Wolverine World Wide has set its FY 2026 guidance at 1.430-1.580 EPS. Research analysts anticipate that Wolverine World Wide will post 1.5 earnings per share for the current year.

Wolverine World Wide Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, August 3rd. Shareholders of record on Wednesday, July 1st will be issued a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a dividend yield of 2.6%. The ex-dividend date of this dividend is Wednesday, July 1st. Wolverine World Wide’s dividend payout ratio (DPR) is currently 35.40%.

Wolverine World Wide Company Profile

Wolverine World Wide, Inc (NYSE: WWW) is a global footwear and apparel company headquartered in Rockford, Michigan. The company designs, manufactures and markets a diversified portfolio of casual, active and performance lifestyle brands. Wolverine World Wide’s offerings span multiple price points and consumer segments, with products that include outdoor and trail footwear, running shoes, casual sneakers, boat shoes, work boots and related apparel and accessories.

Key brands in Wolverine World Wide’s portfolio include Merrell, an outdoor performance footwear brand; Saucony, known for running shoes and athletic gear; Sperry, which popularized boat shoes; Hush Puppies, a casual and comfort‐oriented line; and Keds, a heritage sneaker label.