Massachusetts Financial Services Co. MA Makes New $21.69 Million Investment in Wolverine World Wide, Inc. $WWW

Key Points

• Massachusetts Financial Services Co. MA bought 1,194,878 shares of Wolverine World Wide for about $21.69 million, giving it roughly 1.46% ownership, while institutional investors overall hold about 90.25% of the company.
• Wolverine beat quarterly estimates with $0.45 EPS vs. $0.44 expected and $517.5M revenue vs. $510.49M, set FY 2026 guidance of $1.35–$1.50 EPS, and announced a $0.10 quarterly dividend (≈2.3% yield).
• Analysts are mixed — MarketBeat shows a consensus "Hold" with a $22.33 target; the stock has a $1.45B market cap and a trailing P/E of 15.64 (12‑month range $10.45–$32.80).

Massachusetts Financial Services Co. MA acquired a new position in Wolverine World Wide, Inc. (NYSE:WWW - Free Report) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 1,194,878 shares of the textile maker's stock, valued at approximately $21,687,000. Massachusetts Financial Services Co. MA owned 1.46% of Wolverine World Wide as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of the business. Oxbow Capital Management HK Ltd purchased a new stake in Wolverine World Wide in the 3rd quarter worth approximately $54,431,000. Bank of America Corp DE lifted its holdings in Wolverine World Wide by 8.6% in the 2nd quarter. Bank of America Corp DE now owns 1,772,076 shares of the textile maker's stock worth $32,039,000 after buying an additional 139,913 shares during the period. Goldman Sachs Group Inc. lifted its holdings in Wolverine World Wide by 55.6% in the 1st quarter. Goldman Sachs Group Inc. now owns 1,504,571 shares of the textile maker's stock worth $20,929,000 after buying an additional 537,854 shares during the period. Dimensional Fund Advisors LP lifted its holdings in Wolverine World Wide by 17.5% in the 3rd quarter. Dimensional Fund Advisors LP now owns 1,347,943 shares of the textile maker's stock worth $36,985,000 after buying an additional 200,645 shares during the period. Finally, Hennessy Advisors Inc. purchased a new stake in Wolverine World Wide in the 3rd quarter worth approximately $36,556,000. Hedge funds and other institutional investors own 90.25% of the company's stock.

Wolverine World Wide Stock Up 2.8%

WWW stock opened at $17.67 on Thursday. Wolverine World Wide, Inc. has a twelve month low of $10.45 and a twelve month high of $32.80. The company has a quick ratio of 0.87, a current ratio of 1.40 and a debt-to-equity ratio of 1.29. The firm has a market cap of $1.45 billion, a PE ratio of 15.64 and a beta of 1.85. The business has a 50 day moving average of $17.10 and a 200 day moving average of $18.85.

Wolverine World Wide (NYSE:WWW - Get Free Report) last posted its quarterly earnings data on Thursday, February 26th. The textile maker reported $0.45 earnings per share for the quarter, beating analysts' consensus estimates 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 company had revenue of $517.50 million during the quarter, compared to analyst estimates of $510.49 million. During the same quarter last year, the company earned $0.40 EPS. The firm's revenue for the quarter was up 4.6% on a year-over-year basis. Wolverine World Wide has set its FY 2026 guidance at 1.350-1.500 EPS. On average, research analysts forecast that Wolverine World Wide, Inc. will post 1.23 EPS for the current fiscal year.

Wolverine World Wide Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, May 1st. Investors of record on Wednesday, April 1st will be given a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a yield of 2.3%. The ex-dividend date of this dividend is Wednesday, April 1st. Wolverine World Wide's dividend payout ratio (DPR) is 35.40%.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on WWW shares. Wall Street Zen upgraded Wolverine World Wide from a "hold" rating to a "buy" rating in a report on Saturday, February 14th. Piper Sandler lowered Wolverine World Wide from an "overweight" rating to a "neutral" rating and decreased their target price for the stock from $22.00 to $16.00 in a research report on Wednesday, January 7th. Weiss Ratings reissued a "hold (c-)" rating on shares of Wolverine World Wide in a research report on Monday, December 29th. Zacks Research raised Wolverine World Wide from a "strong sell" rating to a "hold" rating in a research report on Friday, February 27th. Finally, BNP Paribas Exane lowered Wolverine World Wide from an "outperform" rating to a "neutral" rating and decreased their target price for the stock from $38.00 to $19.00 in a research report on Thursday, January 22nd. Five research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company's stock. According to MarketBeat, Wolverine World Wide presently has an average rating of "Hold" and a consensus price target of $22.33.

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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