Research Analysts’ Weekly Ratings Changes for Wolverine World Wide (WWW)

by · The Cerbat Gem

A number of firms have modified their ratings and price targets on shares of Wolverine World Wide (NYSE: WWW) recently:

  • 2/20/2025 – Wolverine World Wide had its price target lowered by analysts at Robert W. Baird from $21.00 to $18.00. They now have a “neutral” rating on the stock.
  • 2/20/2025 – Wolverine World Wide had its price target lowered by analysts at UBS Group AG from $29.00 to $26.00. They now have a “buy” rating on the stock.
  • 2/19/2025 – Wolverine World Wide had its “market perform” rating reaffirmed by analysts at Telsey Advisory Group. They now have a $23.00 price target on the stock.
  • 2/12/2025 – Wolverine World Wide had its “market perform” rating reaffirmed by analysts at Telsey Advisory Group. They now have a $23.00 price target on the stock.
  • 2/11/2025 – Wolverine World Wide was downgraded by analysts at StockNews.com from a “buy” rating to a “hold” rating.
  • 1/22/2025 – Wolverine World Wide was upgraded by analysts at StockNews.com from a “hold” rating to a “buy” rating.
  • 1/14/2025 – Wolverine World Wide was downgraded by analysts at StockNews.com from a “buy” rating to a “hold” rating.
  • 1/3/2025 – Wolverine World Wide was downgraded by analysts at StockNews.com from a “buy” rating to a “hold” rating.

Wolverine World Wide Price Performance

Shares of NYSE:WWW traded down $0.07 during trading on Friday, hitting $15.16. 2,046,011 shares of the company were exchanged, compared to its average volume of 1,349,869. The business’s 50 day moving average is $21.88 and its 200-day moving average is $18.78. The company has a market capitalization of $1.21 billion, a P/E ratio of 27.55 and a beta of 1.88. The company has a quick ratio of 0.77, a current ratio of 1.29 and a debt-to-equity ratio of 1.79. Wolverine World Wide, Inc. has a 1-year low of $9.06 and a 1-year high of $24.64.

Wolverine World Wide (NYSE:WWW – Get Free Report) last posted its quarterly earnings data on Wednesday, February 19th. The textile maker reported $0.42 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.42. The business had revenue of $494.70 million during the quarter, compared to the consensus estimate of $485.74 million. Wolverine World Wide had a return on equity of 26.81% and a net margin of 2.73%. Wolverine World Wide’s quarterly revenue was down 6.1% on a year-over-year basis. During the same period in the prior year, the business posted ($0.30) earnings per share. Equities analysts forecast that Wolverine World Wide, Inc. will post 1.13 earnings per share for the current year.

Wolverine World Wide Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, May 1st. Investors of record on Tuesday, April 1st will be issued a $0.10 dividend. The ex-dividend date of this dividend is Tuesday, April 1st. This represents a $0.40 dividend on an annualized basis and a dividend yield of 2.64%. Wolverine World Wide’s dividend payout ratio is presently 72.73%.

Insider Buying and Selling

In other Wolverine World Wide news, insider Isabel Soriano sold 7,687 shares of the stock in a transaction dated Monday, November 25th. The shares were sold at an average price of $23.57, for a total value of $181,182.59. Following the completion of the sale, the insider now owns 34,206 shares in the company, valued at approximately $806,235.42. This trade represents a 18.35 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. 2.28% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Wolverine World Wide

Several large investors have recently modified their holdings of WWW. SBI Securities Co. Ltd. bought a new position in Wolverine World Wide in the 4th quarter worth approximately $25,000. Signaturefd LLC boosted its holdings in Wolverine World Wide by 88.8% in the 4th quarter. Signaturefd LLC now owns 1,450 shares of the textile maker’s stock worth $32,000 after buying an additional 682 shares during the period. Natixis bought a new position in Wolverine World Wide in the 4th quarter valued at $41,000. Point72 Asia Singapore Pte. Ltd. bought a new position in Wolverine World Wide in the 4th quarter valued at $64,000. Finally, KBC Group NV boosted its holdings in Wolverine World Wide by 43.8% in the 4th quarter. KBC Group NV now owns 4,303 shares of the textile maker’s stock valued at $96,000 after purchasing an additional 1,311 shares during the period. Hedge funds and other institutional investors own 90.25% of the company’s stock.

Wolverine World Wide, Inc designs, manufactures, sources, markets, licenses, and distributes footwear, apparel, and accessories in the United States, Europe, the Middle East, Africa, the Asia Pacific, Canada and Latin America. It operates through Active Group and Work Group segments. The company offers casual footwear and apparel; performance outdoor and athletic footwear and apparel; kids' footwear; industrial work boots and apparel; and uniform shoes and boots.

Featured Stories