Stifel Nicolaus Boosts Wolverine World Wide (NYSE:WWW) Price Target to $26.00

Wolverine World Wide (NYSE:WWW) had its price objective increased by stock analysts at Stifel Nicolaus from $25.00 to $26.00 in a research report issued to clients and investors on Friday,Benzinga reports. The firm currently has a “buy” rating on the textile maker’s stock. Stifel Nicolaus’ price objective would indicate a potential upside of 31.69% from the company’s current price.

A number of other research firms have also recently weighed in on WWW. Telsey Advisory Group reduced their price objective on shares of Wolverine World Wide from $22.00 to $18.00 and set a “market perform” rating for the company in a research report on Friday, May 15th. Zacks Research downgraded shares of Wolverine World Wide from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, August 4th. Wall Street Zen lowered shares of Wolverine World Wide from a “buy” rating to a “hold” rating in a research note on Saturday, August 1st. KeyCorp reiterated an “overweight” rating and set a $25.00 price objective on shares of Wolverine World Wide in a research note on Thursday. Finally, Needham & Company LLC lifted their price target on Wolverine World Wide from $21.00 to $24.00 and gave the stock a “buy” rating in a research note on Thursday. Five investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $22.50.

Wolverine World Wide Stock Up 9.3%

Shares of WWW opened at $19.74 on Friday. The firm has a market cap of $1.62 billion, a P/E ratio of 15.92 and a beta of 1.73. Wolverine World Wide has a 12 month low of $13.47 and a 12 month high of $32.80. The stock’s 50 day moving average is $18.02 and its two-hundred day moving average is $17.39. The company has a current ratio of 1.53, a quick ratio of 0.89 and a debt-to-equity ratio of 1.26.

Wolverine World Wide (NYSE:WWW) last announced its earnings results on Thursday, August 13th. The textile maker reported $0.40 earnings per share for the quarter, topping the consensus estimate of $0.38 by $0.02. Wolverine World Wide had a return on equity of 29.37% and a net margin of 5.41%.The business had revenue of $506.40 million during the quarter, compared to the consensus estimate of $500.74 million. During the same period in the prior year, the company posted $0.32 EPS. The business’s quarterly revenue was up 6.8% on a year-over-year basis. Wolverine World Wide has set its FY 2026 guidance at 1.550-1.650 EPS. Analysts predict that Wolverine World Wide will post 1.56 earnings per share for the current fiscal year.

Insider Activity

In related news, Director Brenda J. Lauderback sold 5,500 shares of the company’s stock in a transaction dated Thursday, May 21st. The shares were sold at an average price of $15.88, for a total value of $87,340.00. Following the completion of the sale, the director owned 54,202 shares of the company’s stock, valued at approximately $860,727.76. This represents a 9.21% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Corporate insiders own 1.50% of the company’s stock.

Hedge Funds Weigh In On Wolverine World Wide

Institutional investors and hedge funds have recently bought and sold shares of the company. Clearstead Advisors LLC increased its holdings in shares of Wolverine World Wide by 191.8% during the 4th quarter. Clearstead Advisors LLC now owns 1,602 shares of the textile maker’s stock worth $29,000 after buying an additional 1,053 shares during the last quarter. Global Retirement Partners LLC purchased a new position in Wolverine World Wide in the second quarter worth approximately $34,000. Canada Pension Plan Investment Board purchased a new position in Wolverine World Wide in the second quarter worth approximately $34,000. Quadrant Capital Group LLC grew its position in Wolverine World Wide by 68.1% in the fourth quarter. Quadrant Capital Group LLC now owns 3,040 shares of the textile maker’s stock worth $55,000 after acquiring an additional 1,232 shares during the period. Finally, State of Wyoming acquired a new stake in Wolverine World Wide during the second quarter worth $68,000. 90.25% of the stock is currently owned by institutional investors and hedge funds.

Trending Headlines about Wolverine World Wide

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

• Positive Sentiment: Q2 earnings and revenue beat estimates. Wolverine reported adjusted EPS of $0.40, ahead of the $0.38 analyst consensus and up from $0.32 a year earlier. Revenue reached $506.4 million, exceeding the $500.74 million estimate and increasing 6.8% year over year. Wolverine World Wide Q2 Earnings and Revenues Beat Estimates
• Positive Sentiment: Full-year revenue outlook was raised. Management now expects fiscal 2026 revenue of approximately $1.98 billion to $2.0 billion, supporting investor confidence in continued growth. EPS guidance remains $1.55 to $1.65, broadly consistent with the roughly $1.56 analyst consensus. Wolverine World Wide FY2026 Guidance
• Positive Sentiment: Analyst sentiment improved. Needham raised its price target on WWW from $21 to $24 and assigned a “buy” rating, indicating expectations that the earnings momentum and brand performance can support further appreciation. Needham Raises Wolverine World Wide Price Target
• Neutral Sentiment: Management is emphasizing Merrell and Saucony. CEO Chris Hufnagel outlined plans to sustain growth at the two key brands, making brand execution and international expansion important factors for future results. Wolverine CEO on Merrell and Saucony Growth

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.