Wolverine World Wide, Inc. (WWW)

Over the past year, Wolverine World Wide's stock price has increased by 77.19%. UBS maintained a "Buy" recommendation and raised its price target for WWW to $39.00, while Stifel and Keybanc also increased their price targets. Williams Trading downgraded Wolverine World Wide's stock from "Buy" to "Hold" and lowered its price target to $27.00 due to expectations of decelerating sales growth for the Saucony brand. Insider trading activity includes sales by Chief Legal Officer David Latchana, Director Nicholas T. Long, and Director Brenda Lauderback, as well as purchases by CEO Christopher Hufnagel, CFO Taryn Miller, and Director DeMonty Price. S&P Global Ratings upgraded the company's revolver rating to 'BB-' from 'B+', and Moody's Ratings also upgraded Wolverine's credit ratings.

Information directly detailing the demand seasonality for Wolverine World Wide's products and services was not explicitly available. Footwear and apparel companies can experience seasonality influenced by weather, holidays, and back-to-school periods, but specific patterns for Wolverine World Wide's diverse brand portfolio would require more detailed analysis.

Wolverine World Wide, Inc. is an American footwear and apparel manufacturer based in Rockford, Michigan, operating in the Consumer Cyclical sector. The company designs, markets, licenses, sources, leases, and distributes a range of footwear and apparel products, including performance outdoor and athletic footwear, children's footwear, industrial work boots, and uniform shoes and boots. Its brand portfolio includes Wolverine Boots and Shoes, Hush Puppies, Chaco, Merrell, Saucony, Bates, Cat Footwear, Harley-Davidson Footwear, Hytest, Keds, Sperry Top-Sider, Soft Style, Stride Rite, and Sweaty Betty, along with accessories.

Wolverine World Wide has a significant global presence, selling products in approximately 200 countries and territories across Europe, the Americas, the Middle East, Africa, and Asia-Pacific. Headquartered in Rockford, Michigan, it operates distribution centers in the United States, Canada, and the Netherlands. The company also maintains offices in the Asia Pacific region for sourcing from third-party manufacturers.

Wolverine World Wide has a history of strong brand recognition, including receiving "Company of the Year" and other Plus Awards in 2013. Recent activities contributing to its brand image include a partnership with the University of Michigan for a new Wolverine x Valiant University of Michigan Maker Wedge Boot, and Sweaty Betty opening new stores in Chicago and Washington, D.C. However, a recent downgrade by Williams Trading, citing concerns about the Saucony brand's lifestyle product offerings, could impact the reputation of that brand.

Wolverine World Wide's ownership structure includes 493 institutional owners and shareholders holding a total of 108,474,697 shares. Major institutional owners include Fmr Llc, BlackRock, Inc., Vanguard Group Inc, FLPSX - Fidelity Low-Priced Stock Fund, Earnest Partners Llc, IJR - iShares Core S&P Small-Cap ETF, Callodine Capital Management, LP, Jpmorgan Chase & Co, State Street Corp, and VTSMX - Vanguard Total Stock Market Index Fund Investor Shares. Individual insiders also hold a portion of the company's shares.