Intech Investment Management LLC Has $5.36 Million Stock Position in Wolverine World Wide, Inc. $WWW

Intech Investment Management LLC lifted its stake in shares of Wolverine World Wide, Inc. (NYSE:WWWFree Report) by 123.1% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 195,198 shares of the textile maker’s stock after buying an additional 107,704 shares during the period. Intech Investment Management LLC owned about 0.24% of Wolverine World Wide worth $5,356,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Fox Run Management L.L.C. bought a new stake in Wolverine World Wide during the 3rd quarter worth $777,000. Counterpoint Mutual Funds LLC acquired a new stake in shares of Wolverine World Wide during the third quarter valued at about $860,000. Hillsdale Investment Management Inc. grew its holdings in shares of Wolverine World Wide by 2.6% during the third quarter. Hillsdale Investment Management Inc. now owns 290,550 shares of the textile maker’s stock worth $7,973,000 after purchasing an additional 7,470 shares during the last quarter. Jupiter Asset Management Ltd. raised its holdings in Wolverine World Wide by 131.6% in the 3rd quarter. Jupiter Asset Management Ltd. now owns 563,255 shares of the textile maker’s stock valued at $15,456,000 after buying an additional 320,043 shares during the last quarter. Finally, M&G PLC acquired a new stake in Wolverine World Wide during the 3rd quarter worth approximately $10,618,000. 90.25% of the stock is currently owned by institutional investors.

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Wolverine World Wide Price Performance

Shares of WWW opened at $17.64 on Friday. The firm has a market cap of $1.45 billion, a PE ratio of 15.61 and a beta of 1.91. Wolverine World Wide, Inc. has a 52-week low of $9.58 and a 52-week high of $32.80. The business’s 50 day moving average price is $18.18 and its two-hundred day moving average price is $21.99. The company has a debt-to-equity ratio of 1.40, a quick ratio of 0.79 and a current ratio of 1.34.

Wolverine World Wide (NYSE:WWWGet Free Report) last released its quarterly earnings data on Thursday, February 26th. The textile maker reported $0.45 earnings per share for the quarter, beating the consensus estimate of $0.44 by $0.01. Wolverine World Wide had a net margin of 5.06% and a return on equity of 31.24%. The company had revenue of $517.50 million during the quarter, compared to analyst estimates of $510.49 million. During the same quarter in the previous year, the business posted $0.40 EPS. Wolverine World Wide’s revenue for the quarter was up 4.6% compared to the same quarter last year. Wolverine World Wide has set its FY 2026 guidance at 1.350-1.500 EPS. On average, equities analysts anticipate that Wolverine World Wide, Inc. will post 1.23 EPS for the current year.

Wolverine World Wide Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, May 1st. Stockholders of record on Wednesday, April 1st will be issued a dividend of $0.10 per share. The ex-dividend date is Wednesday, April 1st. This represents a $0.40 annualized dividend and a dividend yield of 2.3%. Wolverine World Wide’s dividend payout ratio is currently 38.46%.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on WWW shares. Wall Street Zen raised shares of Wolverine World Wide from a “hold” rating to a “buy” rating in a research note on Saturday, February 14th. UBS Group decreased their price objective on Wolverine World Wide from $28.00 to $26.00 and set a “buy” rating for the company in a report on Thursday, January 8th. Zacks Research lowered Wolverine World Wide from a “hold” rating to a “strong sell” rating in a research report on Friday, January 2nd. Stifel Nicolaus set a $25.00 price target on Wolverine World Wide in a research report on Thursday, November 6th. Finally, Robert W. Baird raised their price objective on Wolverine World Wide from $23.00 to $27.00 and gave the stock an “outperform” rating in a research report on Friday. Four research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Wolverine World Wide presently has an average rating of “Hold” and a consensus price target of $22.50.

Check Out Our Latest Stock Report on Wolverine World Wide

Wolverine World Wide Company Profile

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for Wolverine World Wide (NYSE:WWW)

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