SRS Investment Management LLC Invests $3.75 Million in Wolverine World Wide, Inc. $WWW

12 Dec 2025, 13:14 by Kim Johansen · The Markets Daily

SRS Investment Management LLC purchased a new stake in Wolverine World Wide, Inc. (NYSE:WWW – Free Report) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 207,631 shares of the textile maker’s stock, valued at approximately $3,754,000. Wolverine World Wide accounts for 0.0% of SRS Investment Management LLC’s investment portfolio, making the stock its 24th largest position. SRS Investment Management LLC owned 0.26% of Wolverine World Wide at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of the company. Intech Investment Management LLC raised its holdings in shares of Wolverine World Wide by 234.3% in the 1st quarter. Intech Investment Management LLC now owns 237,841 shares of the textile maker’s stock valued at $3,308,000 after purchasing an additional 166,692 shares in the last quarter. Jump Financial LLC bought a new position in shares of Wolverine World Wide in the 1st quarter worth $1,367,000. Northern Trust Corp lifted its position in shares of Wolverine World Wide by 1.1% during the first quarter. Northern Trust Corp now owns 1,017,233 shares of the textile maker’s stock valued at $14,150,000 after buying an additional 11,398 shares during the last quarter. Callodine Capital Management LP boosted its stake in Wolverine World Wide by 60.2% in the first quarter. Callodine Capital Management LP now owns 3,047,071 shares of the textile maker’s stock valued at $42,385,000 after acquiring an additional 1,145,455 shares in the last quarter. Finally, Earnest Partners LLC increased its position in Wolverine World Wide by 0.8% during the 1st quarter. Earnest Partners LLC now owns 5,270,775 shares of the textile maker’s stock valued at $73,316,000 after buying an additional 41,857 shares in the last quarter. Institutional investors own 90.25% of the company’s stock.

Wolverine World Wide Trading Up 0.2%

NYSE WWW opened at $18.55 on Friday. The company has a quick ratio of 0.79, a current ratio of 1.34 and a debt-to-equity ratio of 1.40. The stock has a market capitalization of $1.52 billion, a P/E ratio of 17.84 and a beta of 1.94. Wolverine World Wide, Inc. has a 52-week low of $9.58 and a 52-week high of $32.80. The firm has a 50-day moving average price of $20.41 and a 200 day moving average price of $22.69.

Wolverine World Wide (NYSE:WWW – Get Free Report) last released its earnings results on Wednesday, November 5th. The textile maker reported $0.36 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.33 by $0.03. The company had revenue of $470.30 million for the quarter, compared to analysts’ expectations of $461.46 million. Wolverine World Wide had a return on equity of 31.43% and a net margin of 4.73%.The firm’s quarterly revenue was up 6.8% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.28 EPS. Wolverine World Wide has set its FY 2025 guidance at 1.290-1.340 EPS. Equities research analysts expect that Wolverine World Wide, Inc. will post 1.23 EPS for the current year.

Wolverine World Wide Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, February 2nd. Shareholders of record on Friday, January 2nd will be issued a $0.10 dividend. The ex-dividend date of this dividend is Friday, January 2nd. This represents a $0.40 dividend on an annualized basis and a yield of 2.2%. Wolverine World Wide’s dividend payout ratio (DPR) is 38.46%.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on WWW. Zacks Research lowered shares of Wolverine World Wide from a “strong-buy” rating to a “hold” rating in a research report on Monday, October 27th. Stifel Nicolaus set a $25.00 price objective on Wolverine World Wide in a report on Thursday, November 6th. Wall Street Zen downgraded shares of Wolverine World Wide from a “strong-buy” rating to a “buy” rating in a research report on Saturday, November 8th. Weiss Ratings reiterated a “hold (c-)” rating on shares of Wolverine World Wide in a research report on Monday. Finally, Telsey Advisory Group reissued a “market perform” rating and issued a $18.00 price objective (down from $29.00) on shares of Wolverine World Wide in a research note on Wednesday, November 5th. One investment analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $23.29.

Get Our Latest Analysis on Wolverine World Wide

Insider Activity at Wolverine World Wide

In related news, Director Jack Boyle acquired 6,250 shares of the firm’s stock in a transaction that occurred on Friday, November 7th. The shares were purchased at an average price of $15.77 per share, with a total value of $98,562.50. Following the completion of the acquisition, the director owned 6,250 shares in the company, valued at approximately $98,562.50. This represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Demonty Price bought 25,000 shares of the company’s stock in a transaction on Friday, November 7th. The stock was bought at an average cost of $15.77 per share, with a total value of $394,250.00. Following the completion of the acquisition, the director owned 75,000 shares of the company’s stock, valued at $1,182,750. This represents a 50.00% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders have purchased a total of 33,250 shares of company stock valued at $524,573 over the last 90 days. Company insiders own 2.28% of the company’s stock.

Wolverine World Wide Company Profile

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