Wolverine World Wide (NYSE:WWW) Shares Down 6.6% – Here’s What Happened

Posted by Stanley Muller on Aug 19th, 2026

Wolverine World Wide, Inc. (NYSE:WWW – Get Free Report) traded down 6.6% during mid-day trading on Monday . The stock traded as low as $19.62 and last traded at $19.6350. Approximately 117,284 shares changed hands during trading, a decline of 90% from the average session volume of 1,169,691 shares. The stock had previously closed at $21.03.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on the stock. Stifel Nicolaus raised their target price on shares of Wolverine World Wide from $25.00 to $26.00 and gave the company a “buy” rating in a research note on Friday, August 14th. Telsey Advisory Group restated a “market perform” rating and set a $21.00 price target on shares of Wolverine World Wide in a report on Friday. UBS Group upped their price target on shares of Wolverine World Wide from $29.00 to $31.00 and gave the company a “buy” rating in a report on Friday. Robert W. Baird raised their price target on Wolverine World Wide from $24.00 to $26.00 and gave the company an “outperform” rating in a research report on Friday, August 14th. Finally, Needham & Company LLC lifted their price objective on Wolverine World Wide from $21.00 to $24.00 and gave the stock a “buy” rating in a research note on Thursday, August 13th. Five investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $23.50.

Read Our Latest Report on WWW

Wolverine World Wide Trading Up 0.7%

The firm has a market capitalization of $1.64 billion, a P/E ratio of 15.47 and a beta of 1.73. The company has a quick ratio of 0.98, a current ratio of 1.55 and a debt-to-equity ratio of 1.17. The business has a 50-day moving average price of $18.25 and a 200-day moving average price of $17.45.

Wolverine World Wide (NYSE:WWW – Get Free Report) last announced its quarterly earnings results on Thursday, August 13th. The textile maker reported $0.40 EPS for the quarter, beating 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 business had revenue of $506.40 million for the quarter, compared to analyst estimates of $500.74 million. During the same quarter in the previous year, the firm earned $0.32 EPS. Wolverine World Wide’s quarterly revenue was up 6.8% on a year-over-year basis. Wolverine World Wide has set its FY 2026 guidance at 1.550-1.650 EPS. Analysts anticipate that Wolverine World Wide, Inc. will post 1.64 earnings per share for the current year.

Wolverine World Wide Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, November 2nd. Shareholders of record on Thursday, October 1st will be given a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a yield of 2.0%. The ex-dividend date is Thursday, October 1st. Wolverine World Wide’s dividend payout ratio (DPR) is presently 31.01%.

Insider Buying and Selling

In other news, Director Brenda J. Lauderback sold 5,500 shares of the firm’s stock in a transaction on Thursday, May 21st. The stock was sold at an average price of $15.88, for a total value of $87,340.00. Following the transaction, the director directly owned 54,202 shares in the company, valued at $860,727.76. This trade represents a 9.21% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 1.50% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Wolverine World Wide

Several large investors have recently made changes to their positions in WWW. Renaissance Technologies LLC lifted its position in Wolverine World Wide by 111.8% during the first quarter. Renaissance Technologies LLC now owns 534,045 shares of the textile maker’s stock worth $8,716,000 after purchasing an additional 281,845 shares during the period. Vanguard Group Inc. grew its stake in Wolverine World Wide by 4.1% during the fourth quarter. Vanguard Group Inc. now owns 8,988,758 shares of the textile maker’s stock worth $163,146,000 after buying an additional 353,808 shares in the last quarter. Jupiter Asset Management Ltd. increased its holdings in Wolverine World Wide by 106.7% in the 4th quarter. Jupiter Asset Management Ltd. now owns 1,164,314 shares of the textile maker’s stock valued at $21,132,000 after buying an additional 601,059 shares during the period. First Trust Advisors LP increased its holdings in Wolverine World Wide by 262.7% in the 1st quarter. First Trust Advisors LP now owns 87,190 shares of the textile maker’s stock valued at $1,423,000 after buying an additional 63,154 shares during the period. Finally, Aristotle Capital Boston LLC increased its holdings in Wolverine World Wide by 32.3% in the 4th quarter. Aristotle Capital Boston LLC now owns 702,079 shares of the textile maker’s stock valued at $12,743,000 after buying an additional 171,509 shares during the period. Institutional investors own 90.25% of the company’s stock.

Wolverine World Wide Company Profile

(Get Free Report)

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.