Janus Henderson Group PLC Has $1.69 Million Stock Position in Wolverine World Wide, Inc. $WWW

Janus Henderson Group PLC increased its stake in shares of Wolverine World Wide, Inc. (NYSE:WWW) by 197.9% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 103,781 shares of the textile maker’s stock after acquiring an additional 68,944 shares during the quarter. Janus Henderson Group PLC’s holdings in Wolverine World Wide were worth $1,694,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Clearstead Advisors LLC boosted its holdings in Wolverine World Wide by 191.8% in the 4th quarter. Clearstead Advisors LLC now owns 1,602 shares of the textile maker’s stock valued at $29,000 after purchasing an additional 1,053 shares during the period. Canada Pension Plan Investment Board bought a new position in shares of Wolverine World Wide during the 2nd quarter worth about $34,000. Global Retirement Partners LLC raised its position in shares of Wolverine World Wide by 2,134.9% during the fourth quarter. Global Retirement Partners LLC now owns 2,883 shares of the textile maker’s stock valued at $52,000 after buying an additional 2,754 shares during the last quarter. Quadrant Capital Group LLC raised its position in shares of Wolverine World Wide by 68.1% during the fourth quarter. Quadrant Capital Group LLC now owns 3,040 shares of the textile maker’s stock valued at $55,000 after buying an additional 1,232 shares during the last quarter. Finally, Archer Investment Corp bought a new stake in shares of Wolverine World Wide in the first quarter valued at about $95,000. 90.25% of the stock is currently owned by institutional investors and hedge funds.

Wolverine World Wide Stock Performance

NYSE WWW opened at $18.94 on Monday. Wolverine World Wide, Inc. has a twelve month low of $13.47 and a twelve month high of $32.80. 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 stock has a market cap of $1.55 billion, a P/E ratio of 15.28 and a beta of 1.73. The company’s 50-day simple moving average is $17.85 and its 200 day simple moving average is $17.38.

Wolverine World Wide (NYSE:WWW) last announced its quarterly earnings results on Thursday, May 14th. The textile maker reported $0.25 EPS for the quarter, topping analysts’ consensus estimates of $0.22 by $0.03. The firm had revenue of $457.60 million during the quarter, compared to analysts’ expectations of $448.44 million. Wolverine World Wide had a net margin of 5.41% and a return on equity of 29.37%. The company’s revenue for the quarter was up 11.0% compared to the same quarter last year. During the same quarter last year, the company earned $0.18 earnings per share. Wolverine World Wide has set its FY 2026 guidance at 1.430-1.580 EPS. As a group, research analysts forecast that Wolverine World Wide, Inc. will post 1.56 earnings per share for the current fiscal year.

Wolverine World Wide Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, November 2nd. Stockholders of record on Thursday, October 1st will be issued a $0.10 dividend. The ex-dividend date of this dividend is Thursday, October 1st. This represents a $0.40 dividend on an annualized basis and a dividend yield of 2.1%. Wolverine World Wide’s dividend payout ratio is presently 32.26%.

Insider Activity at Wolverine World Wide

In related news, Director Brenda J. Lauderback sold 5,500 shares of the firm’s stock in a transaction that occurred on Thursday, May 21st. The stock was sold at an average price of $15.88, for a total transaction of $87,340.00. Following the completion of the transaction, the director owned 54,202 shares in the company, valued at $860,727.76. This trade represents a 9.21% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 1.50% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on the company. Weiss Ratings upgraded Wolverine World Wide from a “hold (c)” rating to a “hold (c+)” rating in a research note on Thursday, June 11th. Telsey Advisory Group decreased their price objective on Wolverine World Wide from $22.00 to $18.00 and set a “market perform” rating on the stock in a report on Friday, May 15th. Zacks Research cut Wolverine World Wide from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, August 4th. Robert W. Baird cut their target price on Wolverine World Wide from $27.00 to $24.00 and set an “outperform” rating for the company in a research note on Friday, May 15th. Finally, Wall Street Zen lowered Wolverine World Wide from a “buy” rating to a “hold” rating in a research note on Saturday, August 1st. Five investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. According to MarketBeat, the company has an average rating of “Hold” and a consensus price target of $21.75.

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.