Robert W. Baird Forecasts Strong Price Appreciation for Wolverine World Wide (NYSE:WWW) Stock

Wolverine World Wide (NYSE:WWW) had its price target raised by research analysts at Robert W. Baird from $24.00 to $26.00 in a report released on Friday,Benzinga reports. The firm presently has an “outperform” rating on the textile maker’s stock. Robert W. Baird’s price objective points to a potential upside of 31.69% from the company’s current price.

Other equities research analysts have also recently issued reports about the stock. Wall Street Zen cut shares of Wolverine World Wide from a “buy” rating to a “hold” rating in a research report on Saturday, August 1st. Needham & Company LLC increased their price target on Wolverine World Wide from $21.00 to $24.00 and gave the stock a “buy” rating in a report on Thursday. Zacks Research downgraded Wolverine World Wide from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, August 4th. Weiss Ratings upgraded Wolverine World Wide from a “hold (c)” rating to a “hold (c+)” rating in a research report on Thursday, June 11th. Finally, KeyCorp reaffirmed an “overweight” rating and set a $25.00 target price on shares of Wolverine World Wide in a research note on Thursday. Five investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to MarketBeat.com, Wolverine World Wide currently has an average rating of “Hold” and a consensus price target of $22.38.

Wolverine World Wide Trading Up 9.3%

NYSE WWW opened at $19.74 on Friday. The business’s 50-day moving average price is $18.02 and its two-hundred day moving average price is $17.39. Wolverine World Wide has a 12 month low of $13.47 and a 12 month high of $32.80. The firm has a market capitalization of $1.62 billion, a PE ratio of 15.92 and a beta of 1.73. The company has a current ratio of 1.53, a quick ratio of 0.89 and a debt-to-equity ratio of 1.26.

Wolverine World Wide (NYSE:WWW) last issued its quarterly earnings data on Thursday, August 13th. The textile maker reported $0.40 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.38 by $0.02. The company had revenue of $506.40 million during the quarter, compared to the consensus estimate of $500.74 million. Wolverine World Wide had a return on equity of 29.37% and a net margin of 5.41%.The firm’s revenue was up 6.8% compared to the same quarter last year. During the same period last year, the company earned $0.32 earnings per share. Wolverine World Wide has set its FY 2026 guidance at 1.550-1.650 EPS. On average, analysts expect that Wolverine World Wide will post 1.56 EPS for the current year.

Insider Buying and Selling at Wolverine World Wide

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

Institutional Inflows and Outflows

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

Trending Headlines about Wolverine World Wide

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

• Positive Sentiment: Q2 earnings and revenue beat estimates. Wolverine reported adjusted EPS of $0.40, ahead of the $0.38 analyst consensus and up from $0.32 a year earlier. Revenue reached $506.4 million, exceeding the $500.74 million estimate and increasing 6.8% year over year. Wolverine World Wide Q2 Earnings and Revenues Beat Estimates
• Positive Sentiment: Full-year revenue outlook was raised. Management now expects fiscal 2026 revenue of approximately $1.98 billion to $2.0 billion, supporting investor confidence in continued growth. EPS guidance remains $1.55 to $1.65, broadly consistent with the roughly $1.56 analyst consensus. Wolverine World Wide FY2026 Guidance
• Positive Sentiment: Analyst sentiment improved. Needham raised its price target on WWW from $21 to $24 and assigned a “buy” rating, indicating expectations that the earnings momentum and brand performance can support further appreciation. Needham Raises Wolverine World Wide Price Target
• Neutral Sentiment: Management is emphasizing Merrell and Saucony. CEO Chris Hufnagel outlined plans to sustain growth at the two key brands, making brand execution and international expansion important factors for future results. Wolverine CEO on Merrell and Saucony Growth

Wolverine World Wide Company Profile

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.