Wolverine World Wide (NYSE:WWW) Shares Cross Below Fifty Day Moving Average - Time to Sell?

Key Points

• Wolverine World Wide shares fell below their 50-day moving average, trading as low as $19.32 versus the $19.66 average, signaling potential short-term weakness.
• Analyst sentiment remains positive overall, with a consensus “Moderate Buy” rating and an average price target of $23.11, well above the recent share price.
• The company reported quarterly EPS and revenue above expectations, raised or maintained fiscal 2026 guidance at $1.55–$1.65 EPS, and declared a quarterly dividend of $0.10 per share, yielding about 2% annually.

Shares of Wolverine World Wide, Inc. (NYSE:WWW - Get Free Report) passed below its fifty day moving average during trading on Wednesday. The stock has a fifty day moving average of $19.66 and traded as low as $19.32. Wolverine World Wide shares last traded at $19.5390, with a volume of 910,871 shares.

Analysts Set New Price Targets

WWW has been the subject of a number of research analyst reports. Stifel Nicolaus lifted their price objective on shares of Wolverine World Wide from $25.00 to $26.00 and gave the stock a "buy" rating in a research report on Friday, August 14th. Wall Street Zen raised shares of Wolverine World Wide from a "hold" rating to a "buy" rating in a research report on Sunday, October 4th. Weiss Ratings restated a "hold (c+)" rating on shares of Wolverine World Wide in a research note on Tuesday, September 8th. Telsey Advisory Group reaffirmed a "market perform" rating and set a $21.00 target price on shares of Wolverine World Wide in a report on Friday, August 14th. Finally, Williams Trading set a $20.00 price target on shares of Wolverine World Wide in a research note on Wednesday, August 19th. One investment analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and five have given a Hold rating to the company's stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus target price of $23.11.

Wolverine World Wide Stock Performance

The firm has a market capitalization of $1.60 billion, a price-to-earnings ratio of 15.15, a PEG ratio of 1.38 and a beta of 1.69. The company has a fifty day moving average of $19.66 and a two-hundred day moving average of $18.08. The company has a debt-to-equity ratio of 1.17, a quick ratio of 0.98 and a current ratio of 1.55.

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 (EPS) for the quarter, beating the consensus estimate of $0.38 by $0.02. The business had revenue of $506.40 million during the quarter, compared to the consensus estimate of $500.74 million. Wolverine World Wide had a return on equity of 28.50% and a net margin of 5.55%. The firm's quarterly revenue was up 6.8% on a year-over-year basis. During the same period in the previous year, the company posted $0.32 EPS. Wolverine World Wide has set its FY 2026 guidance at 1.550-1.650 EPS. As a group, equities research analysts predict that Wolverine World Wide, Inc. will post 1.64 earnings per share for the current fiscal year.

Wolverine World Wide Announces Dividend

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

Institutional Trading of Wolverine World Wide

Hedge funds and other institutional investors have recently bought and sold shares of the business. BlackRock Inc. bought a new stake in shares of Wolverine World Wide during the second quarter worth about $204,878,000. Callodine Capital Management LP increased its stake in shares of Wolverine World Wide by 27.8% in the first quarter. Callodine Capital Management LP now owns 4,505,165 shares of the textile maker's stock valued at $73,524,000 after buying an additional 980,839 shares during the period. Bank of New York Mellon Corp acquired a new position in shares of Wolverine World Wide in the second quarter valued at approximately $13,557,000. Manning & Napier Advisors LLC bought a new position in Wolverine World Wide in the 2nd quarter valued at approximately $11,571,000. Finally, Hillsdale Investment Management Inc. bought a new position in Wolverine World Wide in the 1st quarter valued at approximately $7,275,000. Institutional investors and hedge funds own 90.25% of the company's stock.

About Wolverine World Wide

Wolverine World Wide, Inc is a global designer, marketer and licensor of footwear and lifestyle products. The company's portfolio includes brands such as Merrell, Saucony, Wolverine, Hush Puppies, Keds, Chaco, Bates and Sweaty Betty, serving consumers across outdoor, performance, work, casual and fashion-oriented categories.

Its products include hiking and trail footwear, running and athletic shoes, work boots, casual shoes, sandals, apparel and related accessories. Wolverine World Wide sells through wholesale partners, company-operated and brand-specific retail stores, e-commerce platforms and other direct-to-consumer channels in North America and international markets.

Founded in 1883 and headquartered in Rockford, Michigan, the company has a long history in footwear manufacturing and brand management.

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