1,211,040 Shares in Wolverine World Wide, Inc. $WWW Acquired by Alua Capital Management LP

Key Points

• Alua Capital acquired a new 1,211,040‑share stake in Wolverine World Wide (NYSE:WWW) worth about $33.23M, representing roughly 2.3% of Alua’s portfolio and 1.48% ownership of the company, while other large funds (Oxbow, Hennessy, Callodine, Wellington, Portolan) also added or increased positions, leaving institutional ownership at about 90.25%.
• Analyst sentiment is mixed with a MarketBeat consensus of “Hold” (average target $22.50); a handful of upgrades (e.g., Baird to $27) and downgrades (BNP Paribas Exane cut to $19) have produced varied price targets.
• Wolverine reported a modest beat on the quarter (EPS $0.45 vs. $0.44 expected, revenue $517.5M) and set FY26 guidance of $1.35–$1.50 EPS

Alua Capital Management LP acquired a new position in shares of Wolverine World Wide, Inc. (NYSE:WWW - Free Report) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund acquired 1,211,040 shares of the textile maker's stock, valued at approximately $33,231,000. Wolverine World Wide makes up approximately 2.3% of Alua Capital Management LP's investment portfolio, making the stock its 16th largest holding. Alua Capital Management LP owned 1.48% of Wolverine World Wide at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in the company. Oxbow Capital Management HK Ltd purchased a new stake in shares of Wolverine World Wide in the third quarter valued at $54,431,000. Hennessy Advisors Inc. acquired a new stake in shares of Wolverine World Wide in the third quarter worth $36,556,000. Callodine Capital Management LP grew its holdings in shares of Wolverine World Wide by 41.0% during the second quarter. Callodine Capital Management LP now owns 4,297,586 shares of the textile maker's stock valued at $77,700,000 after buying an additional 1,250,515 shares in the last quarter. Portolan Capital Management LLC acquired a new position in Wolverine World Wide during the third quarter valued at $21,859,000. Finally, Wellington Management Group LLP acquired a new position in Wolverine World Wide during the third quarter valued at $19,200,000. 90.25% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

WWW has been the subject of a number of research reports. Wall Street Zen upgraded Wolverine World Wide from a "hold" rating to a "buy" rating in a research report on Saturday, February 14th. Robert W. Baird upped their target price on Wolverine World Wide from $23.00 to $27.00 and gave the company an "outperform" rating in a report on Friday, February 27th. UBS Group reduced their price target on shares of Wolverine World Wide from $28.00 to $26.00 and set a "buy" rating for the company in a research report on Thursday, January 8th. Weiss Ratings restated a "hold (c-)" rating on shares of Wolverine World Wide in a report on Monday, December 29th. Finally, BNP Paribas Exane downgraded shares of Wolverine World Wide from an "outperform" rating to a "neutral" rating and lowered their price objective for the company from $38.00 to $19.00 in a research report on Thursday, January 22nd. Four analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat.com, Wolverine World Wide has a consensus rating of "Hold" and an average target price of $22.50.

Wolverine World Wide Stock Down 1.0%

WWW opened at $15.97 on Friday. The company has a market capitalization of $1.30 billion, a PE ratio of 14.13 and a beta of 1.88. The company has a debt-to-equity ratio of 1.29, a current ratio of 1.40 and a quick ratio of 0.87. Wolverine World Wide, Inc. has a fifty-two week low of $9.58 and a fifty-two week high of $32.80. The business has a 50-day moving average of $17.96 and a 200-day moving average of $21.12.

Wolverine World Wide (NYSE:WWW - Get Free Report) last announced its quarterly earnings results on Thursday, February 26th. The textile maker reported $0.45 EPS for the quarter, beating the consensus estimate of $0.44 by $0.01. Wolverine World Wide had a return on equity of 29.84% and a net margin of 5.06%.The business had revenue of $517.50 million during the quarter, compared to analysts' expectations of $510.49 million. During the same quarter in the previous year, the business posted $0.40 EPS. The firm's quarterly revenue was up 4.6% compared to the same quarter last year. Wolverine World Wide has set its FY 2026 guidance at 1.350-1.500 EPS. Equities research analysts forecast that Wolverine World Wide, Inc. will post 1.23 EPS for the current fiscal year.

Wolverine World Wide Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, May 1st. Shareholders of record on Wednesday, April 1st will be given a $0.10 dividend. This represents a $0.40 annualized dividend and a yield of 2.5%. The ex-dividend date of this dividend is Wednesday, April 1st. Wolverine World Wide's payout ratio is currently 35.40%.

About Wolverine World Wide

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.

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