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

Key Points

• Analyst consensus is “Hold”: Six of 11 brokerages rate Wolverine World Wide shares as hold, while five recommend buying. The average 12-month price target is $23.11, above the stock’s reported $21.00 price.
• Quarterly results exceeded expectations: Wolverine reported adjusted EPS of $0.40 versus the $0.38 consensus and revenue of $506.4 million, up 6.8% year over year. Full-year 2026 guidance is $1.55–$1.65 in EPS.
• Institutional ownership remains high and shareholders received a dividend: Institutional investors own 90.25% of the stock, while the company declared a quarterly dividend of $0.10, representing a 1.9% annualized yield.

Shares of Wolverine World Wide, Inc. (NYSE:WWW - Get Free Report) have received a consensus recommendation of "Hold" from the eleven brokerages that are covering the company, Marketbeat reports. Six equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company. The average 12 month target price among brokerages that have covered the stock in the last year is $23.1111.

A number of research firms have recently weighed in on WWW. Stifel Nicolaus increased their price target on Wolverine World Wide from $25.00 to $26.00 and gave the company a "buy" rating in a research note on Friday, August 14th. Needham & Company LLC raised their price objective on shares of Wolverine World Wide from $21.00 to $24.00 and gave the stock a "buy" rating in a report on Thursday, August 13th. Wall Street Zen raised shares of Wolverine World Wide from a "hold" rating to a "buy" rating in a research report on Saturday. Telsey Advisory Group reaffirmed a "market perform" rating and issued a $21.00 target price on shares of Wolverine World Wide in a research note on Friday, August 14th. Finally, Zacks Research cut Wolverine World Wide from a "strong-buy" rating to a "hold" rating in a report on Tuesday, August 4th.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the stock. Clearstead Advisors LLC raised its holdings 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. Public Employees Retirement System of Ohio bought a new position in Wolverine World Wide during the second quarter worth about $33,000. Global Retirement Partners LLC acquired a new position in Wolverine World Wide during the second quarter worth approximately $34,000. Canada Pension Plan Investment Board acquired a new position in Wolverine World Wide during the second quarter worth approximately $34,000. Finally, Quadrant Capital Group LLC raised its stake in Wolverine World Wide by 68.1% in the fourth quarter. Quadrant Capital Group LLC now owns 3,040 shares of the textile maker's stock valued at $55,000 after buying an additional 1,232 shares during the period. 90.25% of the stock is currently owned by institutional investors.

Wolverine World Wide Trading Up 0.2%

WWW opened at $21.00 on Monday. The company has a current ratio of 1.55, a quick ratio of 0.98 and a debt-to-equity ratio of 1.17. The stock has a market capitalization of $1.72 billion, a PE ratio of 16.28 and a beta of 1.73. The firm has a 50-day moving average price of $18.42 and a two-hundred day moving average price of $17.51. Wolverine World Wide has a 1-year low of $13.47 and a 1-year high of $32.80.

Wolverine World Wide (NYSE:WWW - Get Free Report) last posted its quarterly earnings data on Thursday, August 13th. The textile maker reported $0.40 earnings per share (EPS) for the quarter, topping the consensus estimate 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 the consensus estimate of $500.74 million. During the same quarter in the prior year, the business earned $0.32 EPS. The business's revenue for the quarter was up 6.8% compared to the same quarter last year. Wolverine World Wide has set its FY 2026 guidance at 1.550-1.650 EPS. As a group, equities analysts anticipate that Wolverine World Wide will post 1.64 earnings per share for the current fiscal year.

Wolverine World Wide Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, November 2nd. Investors of record on Thursday, October 1st will be given a $0.10 dividend. The ex-dividend date of this dividend is Thursday, October 1st. This represents a $0.40 dividend on an annualized basis and a dividend yield of 1.9%. Wolverine World Wide's payout ratio is currently 31.01%.

Wolverine World Wide Company Profile

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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