Wolverine World Wide (WWW)

• Market cap: $1.85B
• 1 day: 2.72%
• 5 days: -1.87%
• 1 month: 4.06%
• 3 months: 50.23%
• 6 months: 65.90%
• Year to date: 166.90%
• 1 year: 157.94%
• 5 years: -32.73%
• 10 years: -22.41%
• Sector: Consumer Discretionary
• Industry: Footwear, Except Rubber

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 Q3 regulatory filings by fund managers ($100M+ AUM)

952% more call options, than puts

Call options by funds: $28.9M | Put options by funds: $2.74M

74% more first-time investments, than exits

New positions opened: 40 | Existing positions closed: 23

23% more capital invested

Capital invested by funds: $1.06B [Q2] → $1.31B (+$245M) [Q3]

8% more funds holding

Funds holding: 208 [Q2] → 225 (+17) [Q3]

9% more repeat investments, than reductions

Existing positions increased: 73 | Existing positions reduced: 67

0% more funds holding in top 10

Funds holding in top 10: 1 [Q2] → 1 (+0) [Q3]

4.55% less ownership

Funds ownership: 98.42% [Q2] → 93.87% (-4.55%) [Q3]

Research analyst outlook

2 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $15 35% downside
• Avg. target: $22 5% downside
• High target: $29 26% upside

2 analyst ratings

• positive: 1 50%
• neutral: 1 50%
• negative: 0 0%

Stifel Jim Duffy 64% 1-year accuracy 21 / 33 met price target	26% upside $29	Buy Upgraded	11 Dec 2024
Telsey Advisory Group Dana Telsey 67% 1-year accuracy 126 / 189 met price target	35% downside $15	Market Perform Maintained	7 Nov 2024