Stifel Nicolaus Forecasts Strong Price Appreciation for Wolverine World Wide (NYSE:WWW) Stock

Wolverine World Wide (NYSE:WWW) had its price objective upped by analysts at Stifel Nicolaus from $26.00 to $28.00 in a research note issued on Friday, MarketBeat reports. The brokerage currently has a “buy” rating on the textile maker’s stock. Stifel Nicolaus‘s target price would indicate a potential upside of 12.72% from the stock’s previous close.

A number of other brokerages also recently issued reports on WWW. Williams Trading set a $20.00 price target on shares of Wolverine World Wide in a report on Wednesday, August 19th. Zacks Research lowered shares of Wolverine World Wide from a “strong-buy” rating to a “hold” rating in a research note on Friday, October 30th. Robert W. Baird lifted their price target on Wolverine World Wide from $26.00 to $27.00 and gave the company an “outperform” rating in a research note on Friday. Needham & Company LLC upped their price target on Wolverine World Wide from $24.00 to $26.00 and gave the stock a “buy” rating in a report on Thursday. Finally, Wall Street Zen upgraded Wolverine World Wide from a “hold” rating to a “buy” rating in a research report on Sunday, October 4th. Five equities research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $24.22.

Wolverine World Wide Stock Performance

NYSE WWW traded up $1.97 on Friday, reaching $24.84. 2,571,861 shares of the company’s stock traded hands, compared to its average volume of 952,021. Wolverine World Wide has a fifty-two week low of $14.00 and a fifty-two week high of $24.92. The company has a debt-to-equity ratio of 1.03, a quick ratio of 0.98 and a current ratio of 1.85. The firm has a market cap of $2.04 billion, a price-to-earnings ratio of 14.03, a P/E/G ratio of 1.29 and a beta of 1.67. The stock has a 50 day moving average price of $20.11 and a 200-day moving average price of $18.29.

Wolverine World Wide (NYSE:WWW) last announced its quarterly earnings results on Thursday, November 12th. The textile maker reported $0.79 earnings per share for the quarter, topping the consensus estimate of $0.46 by $0.33. The company had revenue of $505.40 million for the quarter, compared to the consensus estimate of $500.08 million. Wolverine World Wide had a return on equity of 34.21% and a net margin of 7.50%. The firm’s revenue for the quarter was up 7.5% compared to the same quarter last year. During the same period last year, the firm earned $0.36 EPS. Wolverine World Wide has set its FY 2026 guidance at 1.950-1.990 EPS. Equities research analysts predict that Wolverine World Wide will post 1.97 EPS for the current fiscal year.

Institutional Trading of Wolverine World Wide

Several institutional investors have recently modified their holdings of WWW. Renaissance Technologies LLC increased its stake in shares of Wolverine World Wide by 111.8% during the first quarter. Renaissance Technologies LLC now owns 534,045 shares of the textile maker’s stock worth $8,716,000 after purchasing an additional 281,845 shares in the last quarter. First Trust Advisors LP raised its position in shares of Wolverine World Wide by 262.7% during the 1st quarter. First Trust Advisors LP now owns 87,190 shares of the textile maker’s stock worth $1,423,000 after purchasing an additional 63,154 shares during the last quarter. Bank of America Corp DE acquired a new position in shares of Wolverine World Wide during the 2nd quarter worth about $2,591,000. Bank of New York Mellon Corp purchased a new position in Wolverine World Wide in the 2nd quarter valued at about $13,557,000. Finally, Manning & Napier Advisors LLC purchased a new position in Wolverine World Wide in the 2nd quarter valued at about $11,571,000. Institutional investors and hedge funds own 90.25% of the company’s stock.

Wolverine World Wide News Summary

These are some of the WWW news items that stood out recently:

• Positive Sentiment: Growth at Saucony and Merrell helped drive results and margin gains. Management raised its FY2026 EPS outlook to $1.95–$1.99, above the cited analyst consensus of $1.65, while projecting about $2 billion in revenue. Wolverine Q3 earnings beat on Saucony growth; 2026 outlook raised
• Positive Sentiment: Several analysts raised their targets and maintained bullish ratings: Stifel Nicolaus lifted its target to $28 with a Buy rating, while KeyCorp raised its target to $27 with an Overweight rating and Baird raised its target to $27 with an Outperform rating. Stifel Nicolaus raises Wolverine price target
• Negative Sentiment: Tariffs could weigh on future results: coverage notes that tariff refunds boosted quarterly profits, while tariffs are returning. That makes the durability of margins an important watch point despite the raised outlook. Wolverine Q3 sales top expectations; profits boosted by tariff refunds

Wolverine World Wide Company Profile

Wolverine World Wide, Inc. is a footwear and apparel company that designs, markets and distributes products through a portfolio of consumer and workwear brands. Its brands include Merrell, Saucony, Sweaty Betty, Wolverine, Chaco and Bates, with offerings that span outdoor, athletic, casual and occupational footwear, as well as apparel and accessories. Founded in 1883 in Rockford, Michigan, the company has expanded from its early roots in leather and footwear manufacturing into an international brand business.