Wolverine World Wide (NYSE:WWW) Updates FY 2026 Earnings Guidance

Wolverine World Wide (NYSE:WWW) updated its FY 2026 earnings guidance on Thursday. The company provided EPS guidance of 1.430-1.580 for the period, compared to the consensus EPS estimate of 1.470. The company issued revenue guidance of $2.0 billion-$2.0 billion, compared to the consensus revenue estimate of $2.0 billion.

Analysts Set New Price Targets

WWW has been the topic of a number of research reports. BNP Paribas Exane downgraded Wolverine World Wide from an “outperform” rating to a “neutral” rating and lowered their price target for the company from $38.00 to $19.00 in a research report on Thursday, January 22nd. Wall Street Zen lowered Wolverine World Wide from a “buy” rating to a “hold” rating in a research report on Saturday, April 25th. Argus reissued a “hold” rating on shares of Wolverine World Wide in a report on Friday, January 23rd. Telsey Advisory Group boosted their target price on Wolverine World Wide from $18.00 to $22.00 and gave the stock a “market perform” rating in a research report on Friday, February 27th. Finally, Needham & Company LLC assumed coverage on Wolverine World Wide in a research note on Thursday, March 26th. They issued a “buy” rating and a $21.00 target price for the company. Five investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $22.33.

Wolverine World Wide Stock Performance

Shares of NYSE WWW opened at $14.78 on Thursday. The company has a quick ratio of 0.87, a current ratio of 1.40 and a debt-to-equity ratio of 1.29. Wolverine World Wide has a 52-week low of $13.47 and a 52-week high of $32.80. The company has a market cap of $1.21 billion, a PE ratio of 13.40 and a beta of 1.75. The firm’s 50-day moving average price is $16.80 and its 200-day moving average price is $17.66.

Wolverine World Wide (NYSE:WWW) last issued its quarterly earnings results on Thursday, May 14th. The textile maker reported $0.25 earnings per share for the quarter, topping the consensus estimate of $0.22 by $0.03. Wolverine World Wide had a net margin of 5.06% and a return on equity of 29.84%. During the same quarter in the previous year, the firm posted $0.18 EPS. The firm’s quarterly revenue was up 11.0% on a year-over-year basis. Wolverine World Wide has set its FY 2026 guidance at 1.430-1.580 EPS. As a group, analysts anticipate that Wolverine World Wide will post 1.48 EPS for the current year.

Wolverine World Wide Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, August 3rd. Stockholders of record on Wednesday, July 1st will be paid a $0.10 dividend. The ex-dividend date of this dividend is Wednesday, July 1st. This represents a $0.40 annualized dividend and a dividend yield of 2.7%. Wolverine World Wide’s dividend payout ratio (DPR) is 35.40%.

Institutional Investors Weigh In On Wolverine World Wide

Several hedge funds and other institutional investors have recently added to or reduced their stakes in WWW. Thrivent Financial for Lutherans lifted its holdings in Wolverine World Wide by 1.3% during the second quarter. Thrivent Financial for Lutherans now owns 59,742 shares of the textile maker’s stock valued at $1,074,000 after purchasing an additional 782 shares in the last quarter. LPL Financial LLC lifted its stake in shares of Wolverine World Wide by 8.0% during the 4th quarter. LPL Financial LLC now owns 16,346 shares of the textile maker’s stock valued at $297,000 after buying an additional 1,217 shares in the last quarter. Quadrant Capital Group LLC boosted its holdings in Wolverine World Wide by 68.1% in the 4th quarter. Quadrant Capital Group LLC now owns 3,040 shares of the textile maker’s stock worth $55,000 after buying an additional 1,232 shares during the period. Raymond James Financial Inc. boosted its holdings in Wolverine World Wide by 2.1% in the 2nd quarter. Raymond James Financial Inc. now owns 67,595 shares of the textile maker’s stock worth $1,222,000 after buying an additional 1,395 shares during the period. Finally, Canada Pension Plan Investment Board purchased a new stake in Wolverine World Wide in the 2nd quarter worth $34,000. 90.25% of the stock is owned by hedge funds and other institutional investors.

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.