Wolverine World Wide, Inc. (NYSE:WWW) Given Consensus Rating of "Hold" by Brokerages

Key Points

• Analyst sentiment is neutral: Eleven firms give Wolverine World Wide a consensus “Hold” rating, with six holds and five buys. The average 12-month price target is $23.11 versus the stock’s recent price of $19.37.
• Quarterly results exceeded expectations: Wolverine reported $0.40 in adjusted EPS and $506.4 million in revenue, beating estimates of $0.38 and $500.74 million, respectively. Revenue increased 6.8% year over year, and fiscal 2026 EPS guidance is $1.55–$1.65.
• Shareholders will receive a dividend: The company declared a quarterly dividend of $0.10 per share, equivalent to an annualized $0.40 payout and a 2.1% yield. Institutional investors own approximately 90.25% of the company.

Shares of Wolverine World Wide, Inc. (NYSE:WWW - Get Free Report) have been assigned an average recommendation of "Hold" from the eleven research firms that are presently covering the company, MarketBeat Ratings reports. Six investment analysts have rated the stock with a hold rating and five have given a buy rating to the company. The average twelve-month price objective among analysts that have covered the stock in the last year is $23.1111.

A number of research analysts have weighed in on the company. Telsey Advisory Group restated a "market perform" rating and issued a $21.00 price objective on shares of Wolverine World Wide in a report on Friday, August 14th. Wall Street Zen upgraded Wolverine World Wide from a "hold" rating to a "buy" rating in a report on Saturday, August 22nd. KeyCorp reissued an "overweight" rating and issued a $25.00 target price on shares of Wolverine World Wide in a research report on Thursday, August 13th. Williams Trading set a $20.00 price target on shares of Wolverine World Wide in a research report on Wednesday, August 19th. Finally, Needham & Company LLC lifted their target price on Wolverine World Wide from $21.00 to $24.00 and gave the company a "buy" rating in a report on Thursday, August 13th.

Wolverine World Wide Stock Up 0.4%

Wolverine World Wide stock opened at $19.37 on Friday. 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 stock has a market capitalization of $1.59 billion, a PE ratio of 15.02, a price-to-earnings-growth ratio of 1.31 and a beta of 1.72. The business has a 50 day simple moving average of $19.49 and a 200-day simple moving average of $17.75. Wolverine World Wide has a 12 month low of $13.47 and a 12 month high of $31.04.

Wolverine World Wide (NYSE:WWW - Get Free Report) last announced its earnings results on Thursday, August 13th. The textile maker reported $0.40 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.38 by $0.02. Wolverine World Wide had a return on equity of 28.50% and a net margin of 5.55%.The firm had revenue of $506.40 million for the quarter, compared to analyst estimates of $500.74 million. During the same quarter last year, the firm posted $0.32 EPS. The business's 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. On average, analysts anticipate that Wolverine World Wide will post 1.64 EPS for the current fiscal year.

Wolverine World Wide Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, November 2nd. Stockholders of record on Thursday, October 1st will be given a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a dividend yield of 2.1%. The ex-dividend date is Thursday, October 1st. Wolverine World Wide's payout ratio is currently 31.01%.

Hedge Funds Weigh In On Wolverine World Wide

Several hedge funds have recently made changes to their positions in the company. BlackRock Inc. purchased a new stake in shares of Wolverine World Wide in the 2nd quarter valued at about $204,878,000. Wellington Management Group LLP increased its position in Wolverine World Wide by 3.4% during the second quarter. Wellington Management Group LLP now owns 4,528,278 shares of the textile maker's stock worth $74,852,000 after buying an additional 146,791 shares during the period. Callodine Capital Management LP increased its position in Wolverine World Wide by 27.8% during the first quarter. Callodine Capital Management LP now owns 4,505,165 shares of the textile maker's stock worth $73,524,000 after buying an additional 980,839 shares during the period. Dimensional Fund Advisors LP lifted its stake in Wolverine World Wide by 21.2% in the first quarter. Dimensional Fund Advisors LP now owns 1,797,577 shares of the textile maker's stock valued at $29,333,000 after buying an additional 313,883 shares during the last quarter. Finally, Jupiter Asset Management Ltd. lifted its stake in Wolverine World Wide by 106.7% in the fourth quarter. Jupiter Asset Management Ltd. now owns 1,164,314 shares of the textile maker's stock valued at $21,132,000 after buying an additional 601,059 shares during the last quarter. Hedge funds and other institutional investors own 90.25% of the company's stock.

About Wolverine World Wide

Wolverine World Wide, Inc is a global designer, manufacturer, marketer and licensor of branded footwear, apparel and accessories. The company serves consumers through a portfolio of outdoor, athletic, lifestyle and work-oriented brands, with products sold through wholesale accounts, company-owned and third-party retail locations, and e-commerce channels.

Its principal brands include Merrell, which focuses on outdoor and trail footwear and apparel; Saucony, an athletic running and performance brand; Wolverine, known for work and lifestyle footwear; Chaco, which offers outdoor sandals and footwear; Sweaty Betty, a women's activewear brand; and Bates, a provider of uniform and duty footwear.

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