Wolverine World Wide (NYSE:WWW) Raised to Strong-Buy at Wall Street Zen

Key Points

• Wall Street Zen upgraded Wolverine World Wide to “strong buy” from “buy,” though analyst sentiment remains mixed: MarketBeat’s consensus rating is “hold,” with an average price target of $24.22.
• The company reported quarterly EPS of $0.79, beating the $0.46 consensus, and revenue of $505.4 million, up 7.5% year over year and ahead of estimates.
• Wolverine raised its FY2026 EPS guidance to $1.95–$1.99; shares were reported up 8.6%, and several analysts raised their price targets.

Wolverine World Wide (NYSE:WWW - Get Free Report) was upgraded by investment analysts at Wall Street Zen from a "buy" rating to a "strong-buy" rating in a report released on Saturday, Wall Street Zen reports.

A number of other brokerages have also recently weighed in on WWW. Zacks Research cut Wolverine World Wide from a "strong-buy" rating to a "hold" rating in a research report on Friday, October 30th. Weiss Ratings reissued a "hold (c+)" rating on shares of Wolverine World Wide in a report on Tuesday, September 8th. 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 research note on Thursday. Stifel Nicolaus boosted their target price on shares of Wolverine World Wide from $26.00 to $28.00 and gave the company a "buy" rating in a research note on Friday. Finally, Oppenheimer lowered shares of Wolverine World Wide to a "market perform" rating in a report on Friday. Five research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company's stock. According to data from MarketBeat.com, the company currently has an average rating of "Hold" and an average price target of $24.22.

Wolverine World Wide Stock Up 8.6%

NYSE WWW opened at $24.84 on Friday. The company has a current ratio of 1.85, a quick ratio of 0.98 and a debt-to-equity ratio of 1.03. The stock's 50 day moving average is $20.11 and its two-hundred day moving average is $18.29. The company has a market capitalization of $2.04 billion, a price-to-earnings ratio of 12.10, a PEG ratio of 1.29 and a beta of 1.67. Wolverine World Wide has a 1-year low of $14.00 and a 1-year high of $24.92.

Wolverine World Wide (NYSE:WWW - Get Free Report) last released its quarterly earnings data on Thursday, November 12th. The textile maker reported $0.79 earnings per share for the quarter, beating the consensus estimate of $0.46 by $0.33. Wolverine World Wide had a return on equity of 34.21% and a net margin of 7.50%. The company had revenue of $505.40 million for the quarter, compared to analyst estimates of $500.08 million. During the same period in the prior year, the company posted $0.36 EPS. The company'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. Equities analysts forecast that Wolverine World Wide will post 1.97 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Wolverine World Wide

A number of large investors have recently modified their holdings of WWW. Marshall Wace LLP grew its stake in shares of Wolverine World Wide by 285.3% during the third quarter. Marshall Wace LLP now owns 965,888 shares of the textile maker's stock valued at $18,458,000 after purchasing an additional 715,200 shares during the last quarter. Empowered Funds LLC bought a new position in Wolverine World Wide in the 3rd quarter worth approximately $6,222,000. Bleakley Financial Group LLC raised its position in Wolverine World Wide by 73.3% in the 3rd quarter. Bleakley Financial Group LLC now owns 24,878 shares of the textile maker's stock worth $475,000 after purchasing an additional 10,523 shares during the last quarter. First Trust Advisors LP raised its position in Wolverine World Wide by 63.5% in the 3rd quarter. First Trust Advisors LP now owns 205,208 shares of the textile maker's stock worth $3,922,000 after purchasing an additional 79,690 shares during the last quarter. Finally, Landscape Capital Management L.L.C. bought a new position in Wolverine World Wide in the 3rd quarter worth approximately $2,786,000. 90.25% of the stock is currently owned by institutional investors and hedge funds.

Trending Headlines about Wolverine World Wide

Investors following WWW have been watching these headlines:

• Positive Sentiment: Third-quarter EPS was $0.79, well above the $0.46 consensus and up from $0.36 a year earlier. Revenue rose 7.5% year over year to $505.4 million, also topping estimates. Wolverine World Wide tops Q3 earnings and revenue estimates
• Positive Sentiment: Growth at Saucony and Merrell helped drive results and margin gains. Management raised its FY2026 EPS outlook to $1.95–$1.99, above the cited analyst consensus of $1.65, while projecting about $2 billion in revenue. Wolverine Q3 earnings beat on Saucony growth; 2026 outlook raised
• Positive Sentiment: Several analysts raised their targets and maintained bullish ratings: Stifel Nicolaus lifted its target to $28 with a Buy rating, while KeyCorp raised its target to $27 with an Overweight rating and Baird raised its target to $27 with an Outperform rating. Stifel Nicolaus raises Wolverine price target

Wolverine World Wide Company Profile

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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