Wolverine World Wide (NYSE:WWW) Stock Price Target Raised at Robert W. Baird

Wolverine World Wide (NYSE:WWW) had its price objective increased by Robert W. Baird from $26.00 to $27.00 in a research report report published on Friday morning,Benzinga reports. The firm currently has an outperform rating on the textile maker’s stock.

WWW has been the topic of a number of other reports. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Wolverine World Wide in a research report on Tuesday, September 8th. Williams Trading set a $20.00 price target on Wolverine World Wide in a research note on Wednesday, August 19th. Stifel Nicolaus increased their price target on Wolverine World Wide from $25.00 to $26.00 and gave the company a “buy” rating in a report on Friday, August 14th. Wall Street Zen upgraded Wolverine World Wide from a “hold” rating to a “buy” rating in a research note on Sunday, October 4th. Finally, Zacks Research lowered Wolverine World Wide from a “strong-buy” rating to a “hold” rating in a research note on Friday, October 30th. Five research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $24.22.

Wolverine World Wide Stock Performance

Wolverine World Wide stock opened at $24.84 on Friday. Wolverine World Wide has a 12-month low of $14.00 and a 12-month high of $24.92. The company has a market capitalization of $2.04 billion, a price-to-earnings 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 current ratio of 1.85 and a quick ratio of 0.98. The firm’s fifty day moving average price is $20.11 and its 200 day moving average price is $18.29.

Wolverine World Wide (NYSE:WWW) last issued its quarterly earnings data on Thursday, November 12th. The textile maker reported $0.79 EPS for the quarter, topping analysts’ consensus estimates of $0.46 by $0.33. The firm had revenue of $505.40 million for the quarter, compared to analyst estimates of $500.08 million. Wolverine World Wide had a net margin of 7.50% and a return on equity of 34.21%. The firm’s revenue was up 7.5% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.36 EPS. Wolverine World Wide has set its FY 2026 guidance at 1.950-1.990 EPS. On average, research analysts forecast that Wolverine World Wide will post 1.97 EPS for the current fiscal year.

Wolverine World Wide Announces Dividend

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

Institutional Investors Weigh In On Wolverine World Wide

Several institutional investors and hedge funds have recently made changes to their positions in WWW. Marshall Wace LLP boosted its holdings in Wolverine World Wide by 285.3% in the third quarter. Marshall Wace LLP now owns 965,888 shares of the textile maker’s stock worth $18,458,000 after purchasing an additional 715,200 shares during the period. Empowered Funds LLC bought a new stake in Wolverine World Wide during the third quarter valued at $6,222,000. Bleakley Financial Group LLC raised its holdings in shares of Wolverine World Wide by 73.3% during the third quarter. Bleakley Financial Group LLC now owns 24,878 shares of the textile maker’s stock worth $475,000 after purchasing an additional 10,523 shares during the period. First Trust Advisors LP raised its holdings in shares of Wolverine World Wide by 63.5% during the third quarter. First Trust Advisors LP now owns 205,208 shares of the textile maker’s stock worth $3,922,000 after purchasing an additional 79,690 shares during the period. Finally, Landscape Capital Management L.L.C. acquired a new stake in shares of Wolverine World Wide during the third quarter worth $2,786,000. 90.25% of the stock is owned by institutional investors and hedge funds.

Recent Wolverine World Wide Headlines

Investors following WWW have been watching these headlines:

• 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.