Robert W. Baird Issues Positive Forecast for Wolverine World Wide (NYSE:WWW) Stock Price

Wolverine World Wide (NYSE:WWW) had its price objective hoisted by equities research analysts at Robert W. Baird from $26.00 to $27.00 in a research note issued on Friday, Benzinga reports. The brokerage presently has an “outperform” rating on the textile maker’s stock. Robert W. Baird‘s price objective points to a potential upside of 18.17% from the company’s current price.

WWW has been the subject of a number of other reports. Stifel Nicolaus boosted their price target on shares of Wolverine World Wide from $25.00 to $26.00 and gave the company a “buy” rating in a research report on Friday, August 14th. Wall Street Zen raised Wolverine World Wide from a “hold” rating to a “buy” rating in a report on Sunday, October 4th. Needham & Company LLC lifted their target price on Wolverine World Wide from $24.00 to $26.00 and gave the stock a “buy” rating in a research report on Thursday. UBS Group boosted their target price on Wolverine World Wide from $29.00 to $31.00 and gave the company a “buy” rating in a report on Friday, August 14th. Finally, Telsey Advisory Group reissued a “market perform” rating and issued a $21.00 target price on shares of Wolverine World Wide in a report on Friday, August 14th. Five 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 has an average rating of “Hold” and a consensus price target of $23.44.

Wolverine World Wide Stock Up 4.2%

Shares of NYSE:WWW opened at $22.85 on Friday. The company has a market capitalization of $1.88 billion, a PE ratio of 17.71, a P/E/G ratio of 1.48 and a beta of 1.67. The company has a current ratio of 1.55, a quick ratio of 0.98 and a debt-to-equity ratio of 1.17. Wolverine World Wide has a twelve month low of $14.00 and a twelve month high of $23.84. The firm has a 50 day simple moving average of $20.00 and a 200-day simple moving average of $18.25.

Wolverine World Wide (NYSE:WWW) last posted its earnings results on Thursday, November 12th. The textile maker reported $0.79 EPS for the quarter, beating analysts’ consensus estimates of $0.46 by $0.33. The firm had revenue of $505.40 million for the quarter, compared to the consensus estimate of $500.08 million. Wolverine World Wide had a net margin of 5.55% and a return on equity of 28.50%. The company’s revenue was up 7.5% on a year-over-year basis. During the same period last year, the firm posted $0.36 EPS. Wolverine World Wide has set its FY 2026 guidance at 1.950-1.990 EPS. On average, equities analysts predict that Wolverine World Wide will post 1.64 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of WWW. Eurizon Capital SGR S.p.A. acquired a new position in Wolverine World Wide in the third quarter valued at $25,000. Public Employees Retirement System of Ohio purchased a new position in shares of Wolverine World Wide during the second quarter worth about $33,000. Global Retirement Partners LLC purchased a new position in shares of Wolverine World Wide during the second quarter worth about $34,000. Sterling Capital Management LLC grew its holdings in shares of Wolverine World Wide by 345.4% during the third quarter. Sterling Capital Management LLC now owns 2,539 shares of the textile maker’s stock worth $49,000 after buying an additional 1,969 shares during the last quarter. Finally, Caitlin John LLC acquired a new position in Wolverine World Wide in the 2nd quarter valued at about $56,000. 90.25% of the stock is owned by hedge funds and other institutional investors.

Top Wolverine World Wide Stories

Here are a few of the latest stories about WWW:

• Positive Sentiment: Wolverine reported Q3 adjusted earnings of $0.79 per share, well above the $0.46 analyst consensus and up from $0.36 a year earlier. Revenue rose 7.5% year over year to $505.4 million, also topping estimates. MarketWatch article
• Positive Sentiment: The company raised its FY2026 EPS outlook to $1.95–$1.99, above the roughly $1.65 analyst consensus. Its revenue forecast is about $2.0 billion, in line with expectations. Guidance article
• Neutral Sentiment: Tariff refunds helped boost quarterly profits, so some of the earnings strength may reflect a benefit that is not necessarily recurring. SGB Online article

Wolverine World Wide Company Profile

Wolverine World Wide, Inc. is a footwear and apparel company that designs, markets and distributes products through a portfolio of consumer and workwear brands. Its brands include Merrell, Saucony, Sweaty Betty, Wolverine, Chaco and Bates, with offerings that span outdoor, athletic, casual and occupational footwear, as well as apparel and accessories. Founded in 1883 in Rockford, Michigan, the company has expanded from its early roots in leather and footwear manufacturing into an international brand business.