Wolverine World WideWWW
Market Cap: 1.16B
About: Wolverine World Wide Inc is engaged in designing, manufacturing, sourcing, marketing, licensing, and distributing branded footwear, apparel, and accessories. The company's segment includes Active Group; Work Group; Lifestyle Group and Other. It generates maximum revenue from the Active Group segment. Active Group segment consists of Merrell footwear and apparel, Saucony footwear and apparel, Sweaty Betty activewear, and Chaco footwear.
Employees: 4,100
Fund manager confidence
Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)
98% more call options, than puts
Call options by funds: $3.63M | Put options by funds: $1.83M
28% more capital invested
Capital invested by funds: $640M [Q4 2023] → $821M (+$181M) [Q1 2024]
1.35% more ownership
Funds ownership: 90.46% [Q4 2023] → 91.81% (+1.35%) [Q1 2024]
0% more funds holding in top 10
Funds holding in top 10: 1 [Q4 2023] → 1 (+0) [Q1 2024]
10% less repeat investments, than reductions
Existing positions increased: 66 | Existing positions reduced: 73
6% less funds holding
Funds holding: 207 [Q4 2023] → 195 (-12) [Q1 2024]
35% less first-time investments, than exits
New positions opened: 22 | Existing positions closed: 34
Research analyst outlook
12 Wall Street Analysts provided 1 year price forecasts over the past 6 months
12 analyst ratings
UBS Jay Sole | 38%upside $20 | Buy Upgraded | 19 Jul 2024 |
Seaport Global Mitch Kummetz | 10%upside $16 | Buy Maintained | 25 Jun 2024 |
UBS Jay Sole | 10%downside $13 | Neutral Maintained | 9 May 2024 |
Williams Trading Sam Poser | 10%upside $16 | Buy Upgraded | 9 May 2024 |
Telsey Advisory Group Dana Telsey | 4%downside $14 | Market Perform Maintained | 9 May 2024 |
Financial journalist opinion
Based on 5 articles about WWW published over the past 30 days