Wolverine World Wide (NYSE:WWW) Price Target Lowered to $24.00 at Robert W. Baird

Posted by Francis Steltz on May 16th, 2026

Wolverine World Wide (NYSE:WWW – Free Report) had its price objective trimmed by Robert W. Baird from $27.00 to $24.00 in a report released on Friday morning, MarketBeat reports. The firm currently has an outperform rating on the textile maker’s stock.

Other research analysts have also issued research reports about the company. KeyCorp increased their target price on Wolverine World Wide from $24.00 to $25.00 and gave the company an “overweight” rating in a research report on Friday, February 27th. Argus reiterated a “hold” rating on shares of Wolverine World Wide in a research report on Friday, January 23rd. BNP Paribas Exane lowered Wolverine World Wide from an “outperform” rating to a “neutral” rating and decreased their target price for the company from $38.00 to $19.00 in a research report on Thursday, January 22nd. Needham & Company LLC initiated coverage on Wolverine World Wide in a research report on Thursday, March 26th. They set a “buy” rating and a $21.00 target price on the stock. Finally, Telsey Advisory Group decreased their target price on Wolverine World Wide from $22.00 to $18.00 and set a “market perform” rating on the stock in a research report on Friday. Five investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of “Hold” and an average price target of $21.75.

Get Our Latest Stock Analysis on Wolverine World Wide

Wolverine World Wide Trading Up 0.5%

Wolverine World Wide stock opened at $15.30 on Friday. The company has a current ratio of 1.53, a quick ratio of 0.87 and a debt-to-equity ratio of 1.26. Wolverine World Wide has a 12 month low of $13.47 and a 12 month high of $32.80. The stock’s 50 day simple moving average is $16.70 and its two-hundred day simple moving average is $17.57. The firm has a market cap of $1.25 billion, a PE ratio of 12.34 and a beta of 1.75.

Wolverine World Wide (NYSE:WWW – Get Free Report) last announced its earnings results on Thursday, May 14th. The textile maker reported $0.25 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.22 by $0.03. Wolverine World Wide had a return on equity of 29.37% and a net margin of 5.41%.The firm had revenue of $457.60 million for the quarter, compared to analyst estimates of $448.44 million. During the same quarter last year, the firm posted $0.18 EPS. The business’s revenue was up 11.0% on a year-over-year basis. Wolverine World Wide has set its FY 2026 guidance at 1.430-1.580 EPS. Analysts anticipate that Wolverine World Wide will post 1.5 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, August 3rd. Investors of record on Wednesday, July 1st will be paid a $0.10 dividend. This represents a $0.40 annualized dividend and a yield of 2.6%. The ex-dividend date of this dividend is Wednesday, July 1st. Wolverine World Wide’s dividend payout ratio is currently 35.40%.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the company. Alua Capital Management LP acquired a new position in Wolverine World Wide in the 3rd quarter valued at $33,231,000. WCM Investment Management LLC increased its stake in shares of Wolverine World Wide by 78.2% in the 3rd quarter. WCM Investment Management LLC now owns 1,008,395 shares of the textile maker’s stock worth $27,499,000 after acquiring an additional 442,649 shares during the last quarter. M&G PLC acquired a new stake in shares of Wolverine World Wide in the 3rd quarter worth $10,618,000. Jupiter Asset Management Ltd. increased its stake in shares of Wolverine World Wide by 131.6% in the 3rd quarter. Jupiter Asset Management Ltd. now owns 563,255 shares of the textile maker’s stock worth $15,456,000 after acquiring an additional 320,043 shares during the last quarter. Finally, Portolan Capital Management LLC acquired a new stake in shares of Wolverine World Wide in the 3rd quarter worth $21,859,000. 90.25% of the stock is owned by institutional investors and hedge funds.

Key Wolverine World Wide News

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

Positive Sentiment: Wolverine beat Q1 earnings and revenue expectations, with EPS of $0.25 versus $0.22 expected and revenue of $457.6 million versus $448.4 million expected, helped by stronger performance from Merrell and Saucony. Article title
Positive Sentiment: The company raised its FY2026 profit outlook to EPS of $1.43 to $1.58 and said margins should improve, reinforcing confidence in earnings momentum. Article title
Positive Sentiment: Management said pricing helped protect Q1 margins and noted encouraging progress across the business, which supports the stock’s recent strength. Article title
Neutral Sentiment: Analysts at Robert W. Baird and Telsey Advisory Group lowered price targets to $24 and $18, respectively, but both kept their ratings constructive, signaling some caution rather than a clear shift in the thesis.

About Wolverine World Wide

(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.