
Wolverine World Wide, Inc. (NYSE:WWW – Free Report) – Research analysts at Telsey Advisory Group lifted their FY2025 earnings estimates for Wolverine World Wide in a report released on Thursday, November 6th. Telsey Advisory Group analyst D. Telsey now forecasts that the textile maker will post earnings per share of $1.34 for the year, up from their previous estimate of $1.27. Telsey Advisory Group currently has a “Market Perform” rating and a $18.00 price target on the stock. The consensus estimate for Wolverine World Wide’s current full-year earnings is $1.23 per share. Telsey Advisory Group also issued estimates for Wolverine World Wide’s Q4 2025 earnings at $0.44 EPS, Q1 2026 earnings at $0.15 EPS, Q2 2026 earnings at $0.29 EPS, Q3 2026 earnings at $0.40 EPS and Q4 2026 earnings at $0.61 EPS.
Wolverine World Wide (NYSE:WWW – Get Free Report) last posted its quarterly earnings results on Wednesday, November 5th. The textile maker reported $0.36 earnings per share for the quarter, topping analysts’ consensus estimates of $0.33 by $0.03. Wolverine World Wide had a net margin of 4.73% and a return on equity of 31.99%. The company had revenue of $470.30 million for the quarter, compared to the consensus estimate of $461.46 million. During the same quarter last year, the firm posted $0.28 earnings per share. Wolverine World Wide’s revenue was up 6.8% on a year-over-year basis. Wolverine World Wide has set its FY 2025 guidance at 1.290-1.340 EPS.
Check Out Our Latest Report on Wolverine World Wide
Wolverine World Wide Trading Down 6.0%
Shares of WWW opened at $15.71 on Friday. Wolverine World Wide has a twelve month low of $9.58 and a twelve month high of $32.80. The firm has a market capitalization of $1.28 billion, a P/E ratio of 15.40 and a beta of 1.83. The company has a current ratio of 1.24, a quick ratio of 0.75 and a debt-to-equity ratio of 1.58. The stock’s fifty day simple moving average is $27.19 and its 200 day simple moving average is $22.42.
Wolverine World Wide Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Monday, February 2nd. Stockholders of record on Friday, January 2nd will be given a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a dividend yield of 2.5%. The ex-dividend date of this dividend is Friday, January 2nd. Wolverine World Wide’s payout ratio is presently 39.22%.
Insider Activity
In other Wolverine World Wide news, Director Nicholas T. Long sold 12,854 shares of the business’s stock in a transaction on Thursday, August 28th. The shares were sold at an average price of $31.84, for a total value of $409,271.36. Following the transaction, the director owned 76,268 shares in the company, valued at $2,428,373.12. The trade was a 14.42% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Amy M. Klimek sold 11,528 shares of the company’s stock in a transaction dated Monday, November 3rd. The shares were sold at an average price of $22.32, for a total transaction of $257,304.96. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 37,236 shares of company stock worth $1,079,704. 2.28% of the stock is currently owned by company insiders.
Institutional Inflows and Outflows
Several institutional investors have recently modified their holdings of the business. Hara Capital LLC purchased a new position in Wolverine World Wide in the second quarter valued at about $30,000. Canada Pension Plan Investment Board acquired a new position in shares of Wolverine World Wide in the 2nd quarter valued at approximately $34,000. Covestor Ltd raised its position 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 purchasing an additional 1,282 shares in the last quarter. Hilltop National Bank purchased a new position in shares of Wolverine World Wide during the 2nd quarter valued at approximately $85,000. Finally, AlphaQuest LLC grew its position in shares of Wolverine World Wide by 370.0% during the third quarter. AlphaQuest LLC now owns 3,257 shares of the textile maker’s stock worth $89,000 after buying an additional 2,564 shares in the last quarter. Institutional investors and hedge funds own 90.25% of the company’s stock.
Wolverine World Wide Company Profile
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.
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