Wolverine World Wide (NYSE:WWW) Rating Lowered to Hold at Wall Street Zen

Key Points

• Wall Street Zen downgraded Wolverine World Wide from a “buy” to a “hold”, and analyst coverage is mixed (five Buy, six Hold) leaving the stock with an overall average rating of Hold and an average target price of $22.33.
• Wolverine slightly beat Q results with EPS $0.45 vs. $0.44 and revenue $517.5M, provided FY2026 guidance of 1.350–1.500 EPS (consensus ~1.46), and the shares trade around $17.72 (market cap ~$1.45B, P/E ~15.7), below the average analyst target.

Wolverine World Wide (NYSE:WWW - Get Free Report) was downgraded by equities research analysts at Wall Street Zen from a "buy" rating to a "hold" rating in a report issued on Saturday.

Several other brokerages have also recently commented on WWW. KeyCorp raised their target price on Wolverine World Wide from $24.00 to $25.00 and gave the stock an "overweight" rating in a research report on Friday, February 27th. BNP Paribas Exane cut Wolverine World Wide from an "outperform" rating to a "neutral" rating and reduced their target price for the stock from $38.00 to $19.00 in a research report on Thursday, January 22nd. Piper Sandler cut Wolverine World Wide from an "overweight" rating to a "neutral" rating and reduced their target price for the stock from $22.00 to $16.00 in a research report on Wednesday, January 7th. UBS Group reduced their target price on 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. Finally, Zacks Research raised Wolverine World Wide from a "strong sell" rating to a "hold" rating in a research report on Friday, February 27th. Five research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of "Hold" and an average target price of $22.33.

Wolverine World Wide Stock Up 0.2%

WWW opened at $17.72 on Friday. Wolverine World Wide has a 1-year low of $12.44 and a 1-year high of $32.80. The company has a current ratio of 1.40, a quick ratio of 0.87 and a debt-to-equity ratio of 1.29. The stock has a market capitalization of $1.45 billion, a price-to-earnings ratio of 15.68 and a beta of 1.85. The business has a 50 day moving average of $17.10 and a 200-day moving average of $18.50.

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 the consensus estimate of $0.44 by $0.01. The company had revenue of $517.50 million during the quarter, compared to analysts' expectations of $510.49 million. Wolverine World Wide had a return on equity of 29.84% and a net margin of 5.06%.Wolverine World Wide's revenue for the quarter was up 4.6% compared to the same quarter last year. During the same period in the prior year, the business earned $0.40 earnings per share. Wolverine World Wide has set its FY 2026 guidance at 1.350-1.500 EPS. As a group, sell-side analysts anticipate that Wolverine World Wide will post 1.46 earnings per share for the current year.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of WWW. Alua Capital Management LP acquired a new stake in shares of Wolverine World Wide in the third quarter valued at $33,231,000. WCM Investment Management LLC increased its stake in shares of Wolverine World Wide by 78.2% in the third quarter. WCM Investment Management LLC now owns 1,008,395 shares of the textile maker's stock valued at $27,499,000 after buying an additional 442,649 shares in the last quarter. M&G PLC acquired a new stake in shares of Wolverine World Wide in the third quarter valued at $10,618,000. Campbell & CO Investment Adviser LLC acquired a new stake in shares of Wolverine World Wide in the third quarter valued at $4,143,000. Finally, Principal Financial Group Inc. increased its stake in shares of Wolverine World Wide by 27.0% in the third quarter. Principal Financial Group Inc. now owns 510,731 shares of the textile maker's stock valued at $14,014,000 after buying an additional 108,703 shares in the last quarter. 90.25% of the stock is currently owned by institutional investors and hedge funds.

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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