Fox Run Management L.L.C. acquired a new stake in Wolverine World Wide, Inc. (NYSE:WWW – Free Report) in the third quarter, HoldingsChannel.com reports. The fund acquired 28,304 shares of the textile maker’s stock, valued at approximately $777,000.
Other institutional investors and hedge funds have also made changes to their positions in the company. Hennessy Advisors Inc. purchased a new stake in shares of Wolverine World Wide in the third quarter valued at approximately $36,556,000. Callodine Capital Management LP boosted its stake in Wolverine World Wide by 41.0% during the second quarter. Callodine Capital Management LP now owns 4,297,586 shares of the textile maker’s stock worth $77,700,000 after buying an additional 1,250,515 shares during the last quarter. Cooper Creek Partners Management LLC purchased a new stake in Wolverine World Wide in the 2nd quarter valued at $10,442,000. Goldman Sachs Group Inc. increased its stake in shares of Wolverine World Wide by 55.6% in the 1st quarter. Goldman Sachs Group Inc. now owns 1,504,571 shares of the textile maker’s stock worth $20,929,000 after acquiring an additional 537,854 shares during the last quarter. Finally, WCM Investment Management LLC raised its holdings in shares of Wolverine World Wide by 78.2% during 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 period. 90.25% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
A number of brokerages recently issued reports on WWW. Wall Street Zen raised shares of Wolverine World Wide from a “hold” rating to a “buy” rating in a report on Saturday, February 14th. Piper Sandler lowered shares of Wolverine World Wide from an “overweight” rating to a “neutral” rating and decreased their target price for the company from $22.00 to $16.00 in a report on Wednesday, January 7th. Zacks Research downgraded shares of Wolverine World Wide from a “hold” rating to a “strong sell” rating in a report on Friday, January 2nd. UBS Group reduced their price target on shares of Wolverine World Wide from $28.00 to $26.00 and set a “buy” rating on the stock in a research report on Thursday, January 8th. Finally, Argus reiterated a “hold” rating on shares of Wolverine World Wide in a research report on Friday, January 23rd. Four investment analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company has an average rating of “Hold” and a consensus price target of $21.38.
Wolverine World Wide Price Performance
Shares of WWW opened at $20.04 on Friday. The firm has a 50-day simple moving average of $18.19 and a two-hundred day simple moving average of $22.09. The stock has a market cap of $1.64 billion, a PE ratio of 19.27 and a beta of 1.91. Wolverine World Wide, Inc. has a 1-year low of $9.58 and a 1-year high of $32.80. The company has a debt-to-equity ratio of 1.40, a current ratio of 1.34 and a quick ratio of 0.79.
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, topping analysts’ consensus estimates of $0.44 by $0.01. The firm had revenue of $517.50 million during the quarter, compared to analysts’ expectations of $510.49 million. Wolverine World Wide had a net margin of 4.73% and a return on equity of 31.43%. The firm’s quarterly revenue was up 4.6% on a year-over-year basis. During the same quarter last year, the company posted $0.40 EPS. Wolverine World Wide has set its FY 2026 guidance at 1.350-1.500 EPS. As a group, analysts forecast that Wolverine World Wide, Inc. will post 1.23 EPS for the current year.
Wolverine World Wide Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Friday, May 1st. Investors of record on Wednesday, April 1st will be issued a $0.10 dividend. This represents a $0.40 annualized dividend and a dividend yield of 2.0%. The ex-dividend date is Wednesday, April 1st. Wolverine World Wide’s payout ratio is currently 38.46%.
Wolverine World Wide News Summary
Here are the key news stories impacting Wolverine World Wide this week:
- Positive Sentiment: Q4 beat: Wolverine reported EPS of $0.45 versus a $0.44 consensus and revenue of $517.5M versus $510.5M expected; revenue was up ~4.6% year-over-year — the core beat is the primary catalyst for the move. Zacks: Q4 Earnings and Revenues Top Estimates
- Positive Sentiment: Brand-led growth: Merrell and Saucony continued to lead sales in Q4, with Saucony showing strong direct‑to‑consumer (DD) gains — evidence of improving product/marketing execution and higher-margin channel mix. SGB Online: Q4 Growth Led by Strong DD Gain at Saucony
- Positive Sentiment: FY‑2026 guidance provided: Management gave an EPS range of 1.350–1.500 for FY‑26 (consensus ~1.350), with revenue guidance around $2.0B — the guidance range (and upper end above consensus) supports upside to estimates and reduces near‑term forecast uncertainty. MarketWatch: Shares Climb After FY26 Outlook, 4Q Revenue Beat
- Neutral Sentiment: Investor materials: Management posted a press release, slide deck and hosted a conference call (useful for details on brand trends, margin assumptions and inventory/price mix). MarketBeat: Press Release / Call / Slide Deck
- Neutral Sentiment: Technical/volume context: Trading volume is significantly above average and the stock has moved above the 50‑day moving average but remains below the 200‑day — short‑term momentum improved, but longer-term trend still mixed.
- Negative Sentiment: Legacy concerns around Saucony: Pre‑earnings coverage flagged risks at Saucony (execution/positioning), so investors should watch whether current DD momentum is sustainable and whether inventory/margin dynamics hold through FY‑26. Investing.com: Saucony Concerns Loomed Pre‑Earnings
About Wolverine World Wide
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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