Stifel Nicolaus Issues Positive Forecast for Wolverine World Wide (NYSE:WWW) Stock Price

Wolverine World Wide (NYSE:WWW) had its target price boosted by Stifel Nicolaus from $26.00 to $28.00 in a research report released on Friday morning, Marketbeat Ratings reports. Stifel Nicolaus currently has a buy rating on the textile maker’s stock.

Several other equities analysts also recently issued reports on WWW. KeyCorp restated an “overweight” rating and set a $25.00 price objective on shares of Wolverine World Wide in a report on Thursday, August 13th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Wolverine World Wide in a research report on Tuesday, September 8th. Seaport Research Partners reiterated a “buy” rating and issued a $30.00 target price on shares of Wolverine World Wide in a research note on Friday, August 14th. UBS Group lifted their target price on shares of Wolverine World Wide from $29.00 to $31.00 and gave the stock a “buy” rating in a research note on Friday, August 14th. Finally, Robert W. Baird boosted their target price on shares of Wolverine World Wide from $26.00 to $27.00 and gave the stock an “outperform” rating in a research report on Friday. Five equities research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $24.22.

Wolverine World Wide Stock Up 8.6%

WWW stock traded up $1.97 on Friday, hitting $24.84. 2,571,861 shares of the company’s stock were exchanged, compared to its average volume of 952,021. The firm has a 50 day moving average price of $20.11 and a two-hundred day moving average price of $18.29. Wolverine World Wide has a 12-month low of $14.00 and a 12-month high of $24.92. The stock has a market cap of $2.04 billion, a P/E ratio of 14.03, a price-to-earnings-growth ratio of 1.29 and a beta of 1.67. The company has a debt-to-equity ratio of 1.03, a quick ratio of 0.98 and a current ratio of 1.85.

Wolverine World Wide (NYSE:WWW) last released its quarterly 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. Wolverine World Wide had a return on equity of 34.21% and a net margin of 7.50%. The company had revenue of $505.40 million during the quarter, compared to analysts’ expectations of $500.08 million. During the same period last year, the business posted $0.36 earnings per share. The firm’s revenue was up 7.5% compared to the same quarter last year. Wolverine World Wide has set its FY 2026 guidance at 1.950-1.990 EPS. As a group, equities research analysts expect that Wolverine World Wide will post 1.97 EPS for the current fiscal year.

Wolverine World Wide Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, February 1st. Shareholders of record on Monday, January 4th will be issued a $0.10 dividend. This represents a $0.40 annualized dividend and a yield of 1.6%. The ex-dividend date of this dividend is Monday, January 4th. Wolverine World Wide’s dividend payout ratio is presently 31.01%.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the stock. Eurizon Capital SGR S.p.A. acquired a new stake in shares of Wolverine World Wide during the 3rd quarter worth approximately $25,000. Public Employees Retirement System of Ohio purchased a new position in shares of Wolverine World Wide during the 2nd quarter valued at approximately $33,000. Global Retirement Partners LLC purchased a new position in shares of Wolverine World Wide during the 2nd quarter valued at approximately $34,000. Sterling Capital Management LLC lifted its stake in shares of Wolverine World Wide by 345.4% in the 3rd quarter. Sterling Capital Management LLC now owns 2,539 shares of the textile maker’s stock valued at $49,000 after purchasing an additional 1,969 shares during the period. Finally, Caitlin John LLC acquired a new position in shares of Wolverine World Wide in the 2nd quarter valued at $56,000. 90.25% of the stock is currently owned by hedge funds and other institutional investors.

Recent Wolverine World Wide Headlines

Here are a few of the latest headlines about WWW:

• Positive Sentiment: Third-quarter EPS was $0.79, well above the $0.46 consensus and up from $0.36 a year earlier. Revenue rose 7.5% year over year to $505.4 million, also topping estimates. Wolverine World Wide tops Q3 earnings and revenue estimates
• Positive Sentiment: Growth at Saucony and Merrell helped drive results and margin gains. Management raised its FY2026 EPS outlook to $1.95–$1.99, above the cited analyst consensus of $1.65, while projecting about $2 billion in revenue. Wolverine Q3 earnings beat on Saucony growth; 2026 outlook raised
• Negative Sentiment: Tariffs could weigh on future results: coverage notes that tariff refunds boosted quarterly profits, while tariffs are returning. That makes the durability of margins an important watch point despite the raised outlook. Wolverine Q3 sales top expectations; profits boosted by tariff refunds

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.