Whirlpool Co. (NYSE:WHR) has been assigned an average rating of “Hold” from the ten analysts that are covering the company, MarketBeat reports. Seven equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. The average 12 month target price among brokers that have issued ratings on the stock in the last year is $189.40.
Several equities research analysts have recently weighed in on the company. Raymond James Financial raised Whirlpool from a “market perform” rating to an “outperform” rating and set a $200.00 target price on the stock in a research report on Friday, January 26th. UBS Group raised Whirlpool from a “market perform” rating to an “outperform” rating in a research report on Friday, January 26th. Royal Bank of Canada raised their target price on Whirlpool to $200.00 and gave the stock an “in-line” rating in a research report on Monday, January 29th. KeyCorp restated an “equal weight” rating on shares of Whirlpool in a research note on Monday, January 29th. Finally, Zacks Investment Research upgraded Whirlpool from a “sell” rating to a “hold” rating in a research note on Thursday, January 25th.
A number of large investors have recently added to or reduced their stakes in the stock. Cambridge Investment Research Advisors Inc. grew its stake in Whirlpool by 6.7% during the 4th quarter. Cambridge Investment Research Advisors Inc. now owns 15,254 shares of the company’s stock worth $2,572,000 after buying an additional 958 shares during the last quarter. Colonial Trust Advisors grew its stake in Whirlpool by 20.8% during the 4th quarter. Colonial Trust Advisors now owns 25,016 shares of the company’s stock worth $4,219,000 after buying an additional 4,313 shares during the last quarter. Xact Kapitalforvaltning AB grew its stake in Whirlpool by 6.4% during the 4th quarter. Xact Kapitalforvaltning AB now owns 12,830 shares of the company’s stock worth $2,164,000 after buying an additional 776 shares during the last quarter. OLD Mutual Customised Solutions Proprietary Ltd. grew its stake in Whirlpool by 39.3% during the 4th quarter. OLD Mutual Customised Solutions Proprietary Ltd. now owns 5,317 shares of the company’s stock worth $897,000 after buying an additional 1,500 shares during the last quarter. Finally, Fairpointe Capital LLC grew its stake in Whirlpool by 30.0% during the 4th quarter. Fairpointe Capital LLC now owns 604,409 shares of the company’s stock worth $101,928,000 after buying an additional 139,584 shares during the last quarter. Hedge funds and other institutional investors own 92.18% of the company’s stock.
Whirlpool (NYSE:WHR) last issued its earnings results on Wednesday, January 24th. The company reported $4.10 earnings per share for the quarter, topping the consensus estimate of $4.01 by $0.09. Whirlpool had a return on equity of 18.36% and a net margin of 1.65%. The business had revenue of $5.70 billion for the quarter, compared to analyst estimates of $5.88 billion. During the same quarter last year, the company earned $4.33 EPS. The business’s quarterly revenue was up .8% on a year-over-year basis. sell-side analysts forecast that Whirlpool will post 15.31 earnings per share for the current year.
The company also recently declared a quarterly dividend, which will be paid on Thursday, March 15th. Investors of record on Friday, March 2nd will be paid a dividend of $1.10 per share. The ex-dividend date of this dividend is Thursday, March 1st. This represents a $4.40 dividend on an annualized basis and a yield of 2.71%. Whirlpool’s dividend payout ratio is presently 96.49%.
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Whirlpool Company Profile
Whirlpool Corporation is a manufacturer and marketer of home appliances. The Company’s segments include North America; Europe, Middle East and Africa (EMEA); Latin America, and Asia. In North America, the Company markets and distributes home appliances and small domestic appliances under a range of brand names.
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