Deutsche Bank AG Buys Shares of 100,210 Wolverine World Wide, Inc. $WWW

Key Points

• Deutsche Bank acquired 100,210 shares of Wolverine World Wide during the second quarter, worth approximately $1.66 million. Institutional investors collectively own 90.25% of the company.
• Analysts maintain a generally cautious outlook, with a consensus “Hold” rating and a $23.11 price target; five analysts rate the stock Buy and six rate it Hold.
• Wolverine reported quarterly adjusted earnings of $0.40 per share and revenue of $506.4 million, exceeding estimates, while issuing fiscal 2026 EPS guidance of $1.55–$1.65 and declaring a quarterly dividend of $0.10 per share.

Deutsche Bank AG bought a new stake in Wolverine World Wide, Inc. (NYSE:WWW - Free Report) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 100,210 shares of the textile maker's stock, valued at approximately $1,656,000. Deutsche Bank AG owned about 0.12% of Wolverine World Wide at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of the business. Thrivent Financial for Lutherans grew its holdings in Wolverine World Wide by 1.3% during the 2nd quarter. Thrivent Financial for Lutherans now owns 59,742 shares of the textile maker's stock worth $1,074,000 after acquiring an additional 782 shares during the period. Clearstead Advisors LLC lifted its stake in shares of Wolverine World Wide by 191.8% in the 4th quarter. Clearstead Advisors LLC now owns 1,602 shares of the textile maker's stock valued at $29,000 after purchasing an additional 1,053 shares during the period. LPL Financial LLC lifted its stake in shares of Wolverine World Wide by 8.0% in the 4th quarter. LPL Financial LLC now owns 16,346 shares of the textile maker's stock valued at $297,000 after purchasing an additional 1,217 shares during the period. Quadrant Capital Group LLC boosted its position in shares of Wolverine World Wide by 68.1% in the 4th quarter. Quadrant Capital Group LLC now owns 3,040 shares of the textile maker's stock worth $55,000 after purchasing an additional 1,232 shares during the last quarter. Finally, GAMMA Investing LLC boosted its position in shares of Wolverine World Wide by 16.3% in the 2nd quarter. GAMMA Investing LLC now owns 9,505 shares of the textile maker's stock worth $157,000 after purchasing an additional 1,333 shares during the last quarter. Institutional investors and hedge funds own 90.25% of the company's stock.

Wall Street Analyst Weigh In

Several research firms have weighed in on WWW. Weiss Ratings raised Wolverine World Wide from a "hold (c)" rating to a "hold (c+)" rating in a research note on Thursday, June 11th. Williams Trading set a $20.00 target price on Wolverine World Wide in a research report on Wednesday, August 19th. UBS Group upped their price target on Wolverine World Wide from $29.00 to $31.00 and gave the company a "buy" rating in a research note on Friday, August 14th. Robert W. Baird increased their price target on shares of Wolverine World Wide from $24.00 to $26.00 and gave the company an "outperform" rating in a research report on Friday, August 14th. Finally, Telsey Advisory Group reissued a "market perform" rating and set a $21.00 price objective on shares of Wolverine World Wide in a research note on Friday, August 14th. Five research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus price target of $23.11.

Wolverine World Wide Stock Up 3.1%

Shares of Wolverine World Wide stock opened at $20.38 on Friday. Wolverine World Wide, Inc. has a 1 year low of $13.47 and a 1 year high of $32.80. The business has a 50-day moving average of $18.71 and a two-hundred day moving average of $17.59. The company has a market capitalization of $1.67 billion, a P/E ratio of 15.80 and a beta of 1.73. The company has a debt-to-equity ratio of 1.17, a current ratio of 1.55 and a quick ratio of 0.98.

Wolverine World Wide (NYSE:WWW - Get Free Report) last released its quarterly earnings results on Thursday, August 13th. The textile maker reported $0.40 earnings per share for the quarter, beating the consensus estimate of $0.38 by $0.02. The company had revenue of $506.40 million during the quarter, compared to analysts' expectations of $500.74 million. Wolverine World Wide had a net margin of 5.55% and a return on equity of 28.50%. The business's quarterly revenue was up 6.8% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.32 earnings per share. Wolverine World Wide has set its FY 2026 guidance at 1.550-1.650 EPS. As a group, equities analysts predict that Wolverine World Wide, Inc. will post 1.64 EPS for the current year.

Wolverine World Wide Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, November 2nd. Stockholders of record on Thursday, October 1st will be paid a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a dividend yield of 2.0%. The ex-dividend date is Thursday, October 1st. Wolverine World Wide's dividend payout ratio is currently 31.01%.

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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