Wolverine World Wide, Inc. $WWW Stock Holdings Raised by Aristotle Capital Boston LLC

Aristotle Capital Boston LLC raised its stake in Wolverine World Wide, Inc. (NYSE:WWW) by 32.3% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 702,079 shares of the textile maker’s stock after purchasing an additional 171,509 shares during the period. Aristotle Capital Boston LLC’s holdings in Wolverine World Wide were worth $12,743,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of WWW. Clearstead Advisors LLC increased its position in shares of Wolverine World Wide by 191.8% in the 4th quarter. Clearstead Advisors LLC now owns 1,602 shares of the textile maker’s stock worth $29,000 after purchasing an additional 1,053 shares during the last quarter. Canada Pension Plan Investment Board bought a new stake in shares of Wolverine World Wide in the 2nd quarter worth about $34,000. Global Retirement Partners LLC increased its position in shares of Wolverine World Wide by 2,134.9% in the 4th quarter. Global Retirement Partners LLC now owns 2,883 shares of the textile maker’s stock worth $52,000 after purchasing an additional 2,754 shares during the last quarter. Quadrant Capital Group LLC increased its position in shares of 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 purchasing an additional 1,232 shares during the last quarter. Finally, Aster Capital Management DIFC Ltd increased its position in shares of Wolverine World Wide by 1,605.8% in the 3rd quarter. Aster Capital Management DIFC Ltd now owns 2,661 shares of the textile maker’s stock worth $73,000 after purchasing an additional 2,505 shares during the last quarter. Institutional investors own 90.25% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on WWW shares. Wall Street Zen raised shares of Wolverine World Wide from a “hold” rating to a “buy” rating in a research report on Saturday, May 16th. Robert W. Baird lowered their price objective on shares of Wolverine World Wide from $27.00 to $24.00 and set an “outperform” rating for the company in a research report on Friday, May 15th. Weiss Ratings raised shares of Wolverine World Wide from a “hold (c)” rating to a “hold (c+)” rating in a research report on Thursday, June 11th. Telsey Advisory Group lowered their price objective on shares of Wolverine World Wide from $22.00 to $18.00 and set a “market perform” rating for the company in a research report on Friday, May 15th. Finally, KeyCorp boosted their price objective on shares of Wolverine World Wide from $24.00 to $25.00 and gave the company an “overweight” rating in a research report on Friday, February 27th. Five investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $21.75.

Insider Buying and Selling at Wolverine World Wide

In other news, Director Brenda J. Lauderback sold 5,500 shares of the company’s stock in a transaction that occurred on Thursday, May 21st. The shares were sold at an average price of $15.88, for a total value of $87,340.00. Following the completion of the sale, the director directly owned 54,202 shares of the company’s stock, valued at approximately $860,727.76. This represents a 9.21% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Corporate insiders own 1.50% of the company’s stock.

Wolverine World Wide Trading Down 6.0%

Wolverine World Wide stock opened at $16.68 on Thursday. The company has a quick ratio of 0.89, a current ratio of 1.53 and a debt-to-equity ratio of 1.26. The firm has a 50-day moving average price of $16.93 and a two-hundred day moving average price of $17.39. The firm has a market capitalization of $1.37 billion, a price-to-earnings ratio of 13.45 and a beta of 1.73. Wolverine World Wide, Inc. has a 52-week low of $13.47 and a 52-week high of $32.80.

Wolverine World Wide (NYSE:WWW) last posted its earnings results on Thursday, May 14th. The textile maker reported $0.25 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.22 by $0.03. The firm had revenue of $457.60 million during the quarter, compared to analyst estimates of $448.44 million. Wolverine World Wide had a net margin of 5.41% and a return on equity of 29.37%. Wolverine World Wide’s revenue was up 11.0% on a year-over-year basis. During the same period in the previous year, the business posted $0.18 EPS. Wolverine World Wide has set its FY 2026 guidance at 1.430-1.580 EPS. Sell-side analysts expect that Wolverine World Wide, Inc. will post 1.54 earnings per share for the current year.

Wolverine World Wide Dividend Announcement

The business also recently declared 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. This represents a $0.40 dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date of this dividend is Wednesday, July 1st. Wolverine World Wide’s dividend payout ratio is currently 32.26%.

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.