Fox Run Management L.L.C. bought a new stake in shares of Wolverine World Wide, Inc. (NYSE:WWW – Free Report) in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 28,304 shares of the textile maker’s stock, valued at approximately $777,000.
Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Covestor Ltd lifted its holdings in shares of Wolverine World Wide by 16,025.0% in the 3rd quarter. Covestor Ltd now owns 1,290 shares of the textile maker’s stock valued at $35,000 after buying an additional 1,282 shares during the period. Hara Capital LLC purchased a new position in Wolverine World Wide during the second quarter valued at approximately $30,000. Canada Pension Plan Investment Board acquired a new position in Wolverine World Wide in the second quarter valued at approximately $34,000. AlphaQuest LLC boosted its position in Wolverine World Wide by 370.0% in the 3rd quarter. AlphaQuest LLC now owns 3,257 shares of the textile maker’s stock worth $89,000 after purchasing an additional 2,564 shares in the last quarter. Finally, LSV Asset Management acquired a new stake in shares of Wolverine World Wide during the 3rd quarter worth approximately $93,000. 90.25% of the stock is owned by institutional investors and hedge funds.
Trending Headlines about Wolverine World Wide
Here are the key news stories impacting Wolverine World Wide this week:
- Positive Sentiment: Q4 beat: Wolverine reported EPS of $0.45 versus a $0.44 consensus and revenue of $517.5M versus $510.5M expected; revenue was up ~4.6% year-over-year — the core beat is the primary catalyst for the move. Zacks: Q4 Earnings and Revenues Top Estimates
- Positive Sentiment: Brand-led growth: Merrell and Saucony continued to lead sales in Q4, with Saucony showing strong direct?to?consumer (DD) gains — evidence of improving product/marketing execution and higher-margin channel mix. SGB Online: Q4 Growth Led by Strong DD Gain at Saucony
- Positive Sentiment: FY?2026 guidance provided: Management gave an EPS range of 1.350–1.500 for FY?26 (consensus ~1.350), with revenue guidance around $2.0B — the guidance range (and upper end above consensus) supports upside to estimates and reduces near?term forecast uncertainty. MarketWatch: Shares Climb After FY26 Outlook, 4Q Revenue Beat
- Neutral Sentiment: Investor materials: Management posted a press release, slide deck and hosted a conference call (useful for details on brand trends, margin assumptions and inventory/price mix). MarketBeat: Press Release / Call / Slide Deck
- Neutral Sentiment: Technical/volume context: Trading volume is significantly above average and the stock has moved above the 50?day moving average but remains below the 200?day — short?term momentum improved, but longer-term trend still mixed.
- Negative Sentiment: Legacy concerns around Saucony: Pre?earnings coverage flagged risks at Saucony (execution/positioning), so investors should watch whether current DD momentum is sustainable and whether inventory/margin dynamics hold through FY?26. Investing.com: Saucony Concerns Loomed Pre?Earnings
Wolverine World Wide Trading Up 11.1%
Wolverine World Wide (NYSE:WWW – Get Free Report) last announced its earnings results on Thursday, February 26th. The textile maker reported $0.45 EPS for the quarter, beating analysts’ consensus estimates of $0.44 by $0.01. The business had revenue of $517.50 million during the quarter, compared to analysts’ expectations of $510.49 million. Wolverine World Wide had a return on equity of 31.43% and a net margin of 4.73%.The business’s revenue was up 4.6% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.40 earnings per share. Wolverine World Wide has set its FY 2026 guidance at 1.350-1.500 EPS. On average, sell-side analysts predict that Wolverine World Wide, Inc. will post 1.23 EPS for the current fiscal year.
Wolverine World Wide Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Friday, May 1st. Shareholders of record on Wednesday, April 1st will be issued a $0.10 dividend. The ex-dividend date is Wednesday, April 1st. This represents a $0.40 dividend on an annualized basis and a yield of 2.0%. Wolverine World Wide’s dividend payout ratio (DPR) is presently 38.46%.
Analysts Set New Price Targets
WWW has been the subject of several analyst reports. KeyCorp decreased their target price on shares of Wolverine World Wide from $32.00 to $24.00 and set an “overweight” rating for the company in a research note on Thursday, November 6th. Argus reiterated a “hold” rating on shares of Wolverine World Wide in a research report on Friday, January 23rd. UBS Group dropped their target price on Wolverine World Wide from $28.00 to $26.00 and set a “buy” rating on the stock in a research report on Thursday, January 8th. Robert W. Baird cut their price target on Wolverine World Wide from $35.00 to $23.00 and set an “outperform” rating for the company in a research note on Thursday, November 6th. Finally, BNP Paribas Exane downgraded Wolverine World Wide from an “outperform” rating to a “neutral” rating and lowered their price target for the stock from $38.00 to $19.00 in a research report on Thursday, January 22nd. Four equities research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, Wolverine World Wide currently has an average rating of “Hold” and an average price target of $21.38.
Get Our Latest Research Report on Wolverine World Wide
About Wolverine World Wide
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.
Read More
- Five stocks we like better than Wolverine World Wide
- The gold chart Wall Street is terrified of…
- America’s 1776 happening again
- This makes me furious
- Buy this Gold Stock Before May 2026
- What a Former CIA Agent Knows About the Coming Collapse
Receive News & Ratings for Wolverine World Wide Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Wolverine World Wide and related companies with MarketBeat.com's FREE daily email newsletter.
