Telsey Advisory Group Lowers Wolverine World Wide (NYSE:WWW) Price Target to $18.00

Wolverine World Wide (NYSE:WWW) had its price target decreased by analysts at Telsey Advisory Group from $22.00 to $18.00 in a report released on Friday. The brokerage presently has a “market perform” rating on the textile maker’s stock. Telsey Advisory Group’s price target points to a potential upside of 18.81% from the company’s current price.

Several other analysts have also recently weighed in on the company. Wall Street Zen cut Wolverine World Wide from a “buy” rating to a “hold” rating in a report on Saturday, April 25th. Robert W. Baird raised their price objective on shares of Wolverine World Wide from $23.00 to $27.00 and gave the company an “outperform” rating in a report on Friday, February 27th. Argus reissued a “hold” rating on shares of Wolverine World Wide in a report on Friday, January 23rd. BNP Paribas Exane cut shares of Wolverine World Wide from an “outperform” rating to a “neutral” rating and decreased their price target for the company from $38.00 to $19.00 in a research report on Thursday, January 22nd. Finally, KeyCorp raised their price target on shares of Wolverine World Wide from $24.00 to $25.00 and gave the company an “overweight” rating in a research note on Friday, February 27th. Five analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Wolverine World Wide presently has a consensus rating of “Hold” and an average target price of $21.89.

Wolverine World Wide Stock Down 2.4%

Shares of NYSE:WWW opened at $15.15 on Friday. Wolverine World Wide has a 52-week low of $13.47 and a 52-week high of $32.80. The company has a market capitalization of $1.24 billion, a PE ratio of 13.41 and a beta of 1.75. The company has a debt-to-equity ratio of 1.29, a quick ratio of 0.87 and a current ratio of 1.40. The company has a fifty day moving average of $16.75 and a 200-day moving average of $17.59.

Wolverine World Wide (NYSE:WWW) last issued its quarterly earnings data on Thursday, May 14th. The textile maker reported $0.25 earnings per share for the quarter, topping analysts’ consensus estimates of $0.22 by $0.03. Wolverine World Wide had a return on equity of 29.84% and a net margin of 5.06%.The business had revenue of $457.60 million for the quarter, compared to analyst estimates of $448.44 million. During the same quarter in the previous year, the company posted $0.18 EPS. Wolverine World Wide’s quarterly revenue was up 11.0% compared to the same quarter last year. Wolverine World Wide has set its FY 2026 guidance at 1.430-1.580 EPS. On average, equities analysts predict that Wolverine World Wide will post 1.48 EPS for the current fiscal year.

Institutional Trading of Wolverine World Wide

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Oxbow Capital Management HK Ltd bought a new position in Wolverine World Wide during the 3rd quarter worth approximately $54,431,000. Alua Capital Management LP acquired a new stake in shares of Wolverine World Wide during the third quarter worth $33,231,000. Massachusetts Financial Services Co. MA acquired a new stake in shares of Wolverine World Wide during the fourth quarter worth $21,687,000. Millennium Management LLC raised its stake in Wolverine World Wide by 1,740.2% during the fourth quarter. Millennium Management LLC now owns 1,204,127 shares of the textile maker’s stock worth $21,855,000 after buying an additional 1,138,691 shares during the last quarter. Finally, Callodine Capital Management LP grew its holdings in Wolverine World Wide by 30.5% during the 4th quarter. Callodine Capital Management LP now owns 3,524,326 shares of the textile maker’s stock worth $63,967,000 after acquiring an additional 822,966 shares during the period. Institutional investors and hedge funds own 90.25% of the company’s stock.

Trending Headlines about Wolverine World Wide

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

• Positive Sentiment: Wolverine World Wide reported Q1 EPS of $0.25, beating Wall Street’s $0.22 estimate, while revenue of $457.6 million also topped expectations. Wolverine Worldwide Reports First Quarter 2026 Results
• Positive Sentiment: The company said gross margin and earnings came in above plan, with management highlighting a “solid start” to 2026 and improved brand execution, led by Merrell and Saucony. Wolverine World Wide Earnings Call Signals Profitable Momentum
• Positive Sentiment: International sales increased, helping drive growth and supporting the view that demand is improving beyond the U.S. Wolverine World Wide Raises Earnings Guidance as International Sales Rise
• Positive Sentiment: Wolverine raised FY2026 EPS guidance to $1.43-$1.58, signaling management expects profitability to keep improving even after a strong quarter. Wolverine outlines FY 2026 EPS of $1.43 to $1.58 while raising margin expectations
• Neutral Sentiment: Analyst and media coverage focused heavily on Saucony’s momentum and whether it can sustain growth, which is supportive but still dependent on execution. Can Saucony Sustain Its Winning Streak?

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.