Wolverine World Wide’s (WWW) “Market Perform” Rating Reiterated at Telsey Advisory Group

Telsey Advisory Group reiterated their market perform rating on shares of Wolverine World Wide (NYSE:WWW) in a research note issued to investors on Wednesday morning, MarketBeat Ratings reports. They currently have a $18.00 price objective on the textile maker’s stock, down from their prior price objective of $29.00. Telsey Advisory Group also issued estimates for Wolverine World Wide’s Q4 2025 earnings at $0.44 EPS, FY2025 earnings at $1.34 EPS, Q1 2026 earnings at $0.15 EPS, Q2 2026 earnings at $0.29 EPS, Q3 2026 earnings at $0.40 EPS and Q4 2026 earnings at $0.61 EPS.

Several other equities research analysts also recently weighed in on WWW. Wall Street Zen upgraded Wolverine World Wide from a “buy” rating to a “strong-buy” rating in a research note on Friday, October 3rd. Stifel Nicolaus increased their price objective on shares of Wolverine World Wide from $30.00 to $36.00 and gave the company a “buy” rating in a research report on Wednesday, August 27th. KeyCorp reiterated an “overweight” rating and issued a $32.00 target price (up from $25.00) on shares of Wolverine World Wide in a research note on Thursday, August 7th. Piper Sandler restated an “overweight” rating and set a $25.00 price target (up previously from $20.00) on shares of Wolverine World Wide in a research note on Tuesday, August 5th. Finally, UBS Group lifted their price objective on shares of Wolverine World Wide from $36.00 to $39.00 and gave the stock a “buy” rating in a research note on Monday, October 27th. One equities research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $23.29.

Wolverine World Wide Stock Performance

NYSE WWW traded up $0.31 on Wednesday, hitting $15.93. 3,053,382 shares of the company traded hands, compared to its average volume of 1,657,948. The company has a current ratio of 1.24, a quick ratio of 0.75 and a debt-to-equity ratio of 1.58. The business’s 50 day moving average price is $26.87 and its 200-day moving average price is $22.46. The company has a market capitalization of $1.29 billion, a price-to-earnings ratio of 15.61 and a beta of 1.83. Wolverine World Wide has a 52-week low of $9.58 and a 52-week high of $32.80.

Wolverine World Wide (NYSE:WWW) last released its earnings results on Wednesday, November 5th. The textile maker reported $0.36 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.33 by $0.03. Wolverine World Wide had a return on equity of 31.99% and a net margin of 4.73%.The firm had revenue of $470.30 million during the quarter, compared to analysts’ expectations of $461.46 million. During the same quarter last year, the business posted $0.28 earnings per share. The firm’s revenue was up 6.8% on a year-over-year basis. Wolverine World Wide has set its FY 2025 guidance at 1.290-1.340 EPS. Equities analysts expect that Wolverine World Wide will post 1.23 earnings per share for the current year.

Wolverine World Wide Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, February 2nd. Investors of record on Friday, January 2nd will be issued a $0.10 dividend. This represents a $0.40 annualized dividend and a yield of 2.5%. The ex-dividend date of this dividend is Friday, January 2nd. Wolverine World Wide’s payout ratio is presently 38.46%.

Insider Buying and Selling at Wolverine World Wide

In other news, insider Amy M. Klimek sold 11,528 shares of the stock in a transaction dated Monday, November 3rd. The shares were sold at an average price of $22.32, for a total value of $257,304.96. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Brenda J. Lauderback sold 12,854 shares of the business’s stock in a transaction that occurred on Wednesday, August 27th. The stock was sold at an average price of $32.14, for a total value of $413,127.56. Following the transaction, the director owned 48,675 shares in the company, valued at approximately $1,564,414.50. This represents a 20.89% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 37,236 shares of company stock valued at $1,079,704 over the last quarter. 2.28% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the company. Covestor Ltd increased its holdings in shares of Wolverine World Wide by 16,025.0% in the 3rd quarter. Covestor Ltd now owns 1,290 shares of the textile maker’s stock valued at $35,000 after acquiring an additional 1,282 shares during the last quarter. Hara Capital LLC purchased a new stake in Wolverine World Wide during the second quarter worth approximately $30,000. Canada Pension Plan Investment Board acquired a new position in Wolverine World Wide in the second quarter valued at approximately $34,000. AlphaQuest LLC increased its stake in Wolverine World Wide by 370.0% in the third quarter. AlphaQuest LLC now owns 3,257 shares of the textile maker’s stock valued at $89,000 after purchasing an additional 2,564 shares during the last quarter. Finally, LSV Asset Management acquired a new stake in Wolverine World Wide during the third quarter worth approximately $93,000. 90.25% of the stock is currently owned by institutional investors and hedge funds.

Wolverine World Wide Company Profile

Wolverine World Wide, Inc designs, manufactures, sources, markets, licenses, and distributes footwear, apparel, and accessories in the United States, Europe, the Middle East, Africa, the Asia Pacific, Canada and Latin America. It operates through Active Group and Work Group segments. The company offers casual footwear and apparel; performance outdoor and athletic footwear and apparel; kids' footwear; industrial work boots and apparel; and uniform shoes and boots.