KeyCorp Issues Positive Forecast for Wolverine World Wide (NYSE:WWW) Stock Price

Key Points

• KeyCorp raised its price target on Wolverine World Wide to $27 from $25 and maintained an “overweight” rating, implying 18.17% upside from the prior close.
• Wolverine reported quarterly EPS of $0.79, beating the $0.46 consensus, while revenue rose 7.5% year over year to $505.4 million. The company raised its FY2026 EPS guidance to $1.95–$1.99, though tariff refunds contributed to the quarter’s profit strength.
• Analyst views remain mixed: five rate the stock a Buy and six a Hold, for a consensus “Hold” rating and average price target of $23.89.

Wolverine World Wide (NYSE:WWW - Get Free Report) had its price target lifted by research analysts at KeyCorp from $25.00 to $27.00 in a research note issued on Friday, Benzinga reports. The firm presently has an "overweight" rating on the textile maker's stock. KeyCorp's price objective suggests a potential upside of 18.17% from the company's previous close.

WWW has been the subject of several other reports. Seaport Research Partners reiterated a "buy" rating and set a $30.00 price objective on shares of Wolverine World Wide in a research report on Friday, August 14th. Needham & Company LLC boosted their target price on shares of Wolverine World Wide from $24.00 to $26.00 and gave the company a "buy" rating in a report on Thursday. UBS Group boosted their target price on shares of Wolverine World Wide from $29.00 to $31.00 and gave the company a "buy" rating in a report on Friday, August 14th. Wall Street Zen raised shares of Wolverine World Wide from a "hold" rating to a "buy" rating in a research report on Sunday, October 4th. Finally, Robert W. Baird increased their price target on Wolverine World Wide from $26.00 to $27.00 and gave the stock an "outperform" rating in a report on Friday. Five investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat.com, Wolverine World Wide presently has a consensus rating of "Hold" and an average target price of $23.89.

Wolverine World Wide Trading Up 4.2%

WWW opened at $22.85 on Friday. Wolverine World Wide has a fifty-two week low of $14.00 and a fifty-two week high of $23.84. The company has a debt-to-equity ratio of 1.17, a current ratio of 1.55 and a quick ratio of 0.98. The firm has a market capitalization of $1.88 billion, a price-to-earnings ratio of 17.71, a PEG ratio of 1.48 and a beta of 1.67. The company's 50 day moving average price is $20.00 and its two-hundred day moving average price is $18.25.

Wolverine World Wide (NYSE:WWW - Get Free Report) last issued its quarterly earnings data on Thursday, November 12th. The textile maker reported $0.79 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.46 by $0.33. Wolverine World Wide had a return on equity of 28.50% and a net margin of 5.55%. The company had revenue of $505.40 million during the quarter, compared to the consensus estimate of $500.08 million. During the same period last year, the company earned $0.36 earnings per share. The firm's revenue was up 7.5% compared to the same quarter last year. Wolverine World Wide has set its FY 2026 guidance at 1.950-1.990 EPS. As a group, research analysts predict that Wolverine World Wide will post 1.64 earnings per share for the current year.

Institutional Trading of Wolverine World Wide

Hedge funds have recently modified their holdings of the stock. Commonwealth Equity Services LLC boosted its stake in Wolverine World Wide by 6.6% during the third quarter. Commonwealth Equity Services LLC now owns 11,972 shares of the textile maker's stock worth $229,000 after acquiring an additional 746 shares in the last quarter. Eurizon Capital SGR S.p.A. bought a new stake in Wolverine World Wide in the third quarter valued at $25,000. GAMMA Investing LLC increased its stake in Wolverine World Wide by 16.3% in the second quarter. GAMMA Investing LLC now owns 9,505 shares of the textile maker's stock valued at $157,000 after purchasing an additional 1,333 shares in the last quarter. Swiss National Bank raised its holdings in shares of Wolverine World Wide by 1.1% during the first quarter. Swiss National Bank now owns 162,100 shares of the textile maker's stock valued at $2,645,000 after purchasing an additional 1,800 shares during the period. Finally, Nisa Investment Advisors LLC raised its holdings in shares of Wolverine World Wide by 5.7% during the third quarter. Nisa Investment Advisors LLC now owns 34,471 shares of the textile maker's stock valued at $659,000 after purchasing an additional 1,853 shares during the period. Institutional investors own 90.25% of the company's stock.

Recent Wolverine World Wide Headlines

These are some of the WWW headlines that stood out recently:

• Positive Sentiment: Wolverine reported Q3 adjusted earnings of $0.79 per share, well above the $0.46 analyst consensus and up from $0.36 a year earlier. Revenue rose 7.5% year over year to $505.4 million, also topping estimates. MarketWatch article
• Positive Sentiment: The company raised its FY2026 EPS outlook to $1.95–$1.99, above the roughly $1.65 analyst consensus. Its revenue forecast is about $2.0 billion, in line with expectations. Guidance article
• Neutral Sentiment: Tariff refunds helped boost quarterly profits, so some of the earnings strength may reflect a benefit that is not necessarily recurring. SGB Online article

About Wolverine World Wide

Wolverine World Wide, Inc. is a footwear and apparel company that designs, markets and distributes products through a portfolio of consumer and workwear brands. Its brands include Merrell, Saucony, Sweaty Betty, Wolverine, Chaco and Bates, with offerings that span outdoor, athletic, casual and occupational footwear, as well as apparel and accessories. Founded in 1883 in Rockford, Michigan, the company has expanded from its early roots in leather and footwear manufacturing into an international brand business.

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