Wolverine World Wide (NYSE:WWW) Price Target Raised to $25.00

Wolverine World Wide (NYSE:WWWFree Report) had its price objective boosted by KeyCorp from $24.00 to $25.00 in a research note issued to investors on Friday,Benzinga reports. KeyCorp currently has an overweight rating on the textile maker’s stock. KeyCorp also issued estimates for Wolverine World Wide’s Q2 2026 earnings at $0.37 EPS, Q3 2026 earnings at $0.37 EPS, Q4 2026 earnings at $0.53 EPS, FY2026 earnings at $1.48 EPS and FY2027 earnings at $1.71 EPS.

Several other research analysts have also recently weighed in on the stock. Argus reaffirmed a “hold” rating on shares of Wolverine World Wide in a report on Friday, January 23rd. Wall Street Zen raised shares of Wolverine World Wide from a “hold” rating to a “buy” rating in a report on Saturday, February 14th. Stifel Nicolaus set a $25.00 price objective on Wolverine World Wide in a research report on Thursday, November 6th. Telsey Advisory Group increased their target price on shares of Wolverine World Wide from $18.00 to $22.00 and gave the stock a “market perform” rating in a report on Friday. Finally, Zacks Research downgraded shares of Wolverine World Wide from a “hold” rating to a “strong sell” rating in a research report on Friday, January 2nd. Four equities research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $22.50.

Read Our Latest Analysis on WWW

Wolverine World Wide Stock Performance

Shares of WWW opened at $17.64 on Friday. Wolverine World Wide has a 12 month low of $9.58 and a 12 month 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 firm’s fifty day simple moving average is $18.18 and its two-hundred day simple moving average is $21.94. The stock has a market capitalization of $1.45 billion, a P/E ratio of 15.61 and a beta of 1.88.

Wolverine World Wide (NYSE:WWWGet Free Report) last issued its earnings results on Thursday, February 26th. The textile maker reported $0.45 earnings per share for the quarter, topping 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 for the quarter, compared to analyst estimates of $510.49 million. Wolverine World Wide’s revenue for the quarter was up 4.6% on a year-over-year basis. During the same period in the prior year, the firm earned $0.40 earnings per share. Wolverine World Wide has set its FY 2026 guidance at 1.350-1.500 EPS. As a group, analysts predict that Wolverine World Wide will post 1.23 EPS for the current year.

Wolverine World Wide Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, May 1st. Shareholders of record on Wednesday, April 1st will be given a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a dividend yield of 2.3%. The ex-dividend date is Wednesday, April 1st. Wolverine World Wide’s payout ratio is 35.40%.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the company. Clearstead Advisors LLC boosted its position in shares of Wolverine World Wide by 191.8% during the fourth quarter. Clearstead Advisors LLC now owns 1,602 shares of the textile maker’s stock worth $29,000 after buying an additional 1,053 shares during the period. Hara Capital LLC bought a new stake in Wolverine World Wide during the 2nd quarter valued at $30,000. Canada Pension Plan Investment Board acquired a new position in Wolverine World Wide during the 2nd quarter worth $34,000. Covestor Ltd grew its stake in shares of Wolverine World Wide by 16,025.0% in the third quarter. Covestor Ltd now owns 1,290 shares of the textile maker’s stock worth $35,000 after purchasing an additional 1,282 shares in the last quarter. Finally, Global Retirement Partners LLC grew its stake in shares of Wolverine World Wide by 2,134.9% in the fourth quarter. Global Retirement Partners LLC now owns 2,883 shares of the textile maker’s stock worth $52,000 after purchasing an additional 2,754 shares in the last quarter. 90.25% of the stock is currently owned by hedge funds and other institutional investors.

Wolverine World Wide News Roundup

Here are the key news stories impacting Wolverine World Wide this week:

About Wolverine World Wide

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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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Analyst Recommendations for Wolverine World Wide (NYSE:WWW)

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