Hodges Capital Management Inc. Boosts Stock Holdings in Whirlpool Corporation $WHR

Hodges Capital Management Inc. lifted its position in Whirlpool Corporation (NYSE:WHR) by 18.6% in the 1st quarter, HoldingsChannel.com reports. The firm owned 176,385 shares of the company’s stock after acquiring an additional 27,601 shares during the quarter. Hodges Capital Management Inc.’s holdings in Whirlpool were worth $9,511,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently added to or reduced their stakes in the company. Causeway Capital Management LLC boosted its position in shares of Whirlpool by 42.3% during the 3rd quarter. Causeway Capital Management LLC now owns 617,039 shares of the company’s stock valued at $48,499,000 after acquiring an additional 183,496 shares during the last quarter. SG Americas Securities LLC increased its position in Whirlpool by 96.0% during the fourth quarter. SG Americas Securities LLC now owns 101,907 shares of the company’s stock worth $7,352,000 after purchasing an additional 49,903 shares during the last quarter. M&T Bank Corp raised its stake in Whirlpool by 973.9% during the fourth quarter. M&T Bank Corp now owns 29,962 shares of the company’s stock worth $2,161,000 after purchasing an additional 27,172 shares during the period. Russell Investments Group Ltd. raised its stake in Whirlpool by 34.0% during the third quarter. Russell Investments Group Ltd. now owns 401,640 shares of the company’s stock worth $31,569,000 after purchasing an additional 101,962 shares during the period. Finally, Advisors Capital Management LLC boosted its holdings in Whirlpool by 4.0% in the 4th quarter. Advisors Capital Management LLC now owns 312,239 shares of the company’s stock valued at $22,525,000 after purchasing an additional 11,963 shares during the last quarter. 90.78% of the stock is owned by hedge funds and other institutional investors.

Whirlpool Stock Performance

Shares of WHR stock opened at $38.09 on Monday. The firm’s 50 day moving average price is $43.06 and its 200-day moving average price is $60.93. The company has a debt-to-equity ratio of 1.48, a quick ratio of 0.48 and a current ratio of 0.88. Whirlpool Corporation has a one year low of $36.06 and a one year high of $111.96. The firm has a market cap of $2.47 billion, a P/E ratio of 12.95, a P/E/G ratio of 22.02 and a beta of 1.16.

Whirlpool (NYSE:WHR) last posted its earnings results on Wednesday, May 6th. The company reported ($0.56) earnings per share for the quarter, missing the consensus estimate of $0.43 by ($0.99). Whirlpool had a net margin of 1.08% and a return on equity of 7.68%. The company had revenue of $3.27 billion during the quarter, compared to analyst estimates of $3.44 billion. During the same quarter last year, the business posted $1.70 EPS. The firm’s revenue for the quarter was down 9.6% on a year-over-year basis. Whirlpool has set its FY 2026 guidance at 3.000-3.500 EPS. As a group, equities research analysts predict that Whirlpool Corporation will post 1.73 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on WHR. Citigroup cut their price target on shares of Whirlpool from $60.00 to $50.00 and set a “neutral” rating for the company in a report on Monday, May 11th. Wall Street Zen upgraded Whirlpool from a “strong sell” rating to a “sell” rating in a research report on Saturday, June 27th. Raymond James Financial reissued a “market perform” rating on shares of Whirlpool in a research note on Monday, March 16th. Stifel Nicolaus set a $55.00 target price on Whirlpool in a research report on Monday, May 4th. Finally, Royal Bank Of Canada decreased their price target on Whirlpool from $32.00 to $30.00 and set an “underperform” rating on the stock in a research note on Tuesday, June 16th. One research analyst has rated the stock with a Buy rating, seven have given a Hold rating and four have issued a Sell rating to the company. According to data from MarketBeat, Whirlpool presently has a consensus rating of “Reduce” and a consensus target price of $57.38.

Whirlpool Profile

Whirlpool Corporation is a leading global manufacturer and marketer of home appliances, with a product portfolio that spans major categories such as laundry, refrigeration, cooking, dishwashing and small electrics. Headquartered in Benton Harbor, Michigan, the company designs, produces and distributes its appliances through a network of wholly owned manufacturing facilities, joint ventures and third-party partners. Whirlpool serves both retail and professional markets, offering products under its flagship Whirlpool brand as well as several well-known names including Maytag, KitchenAid, JennAir, Amana, Brastemp and Consul.

In its laundry segment, Whirlpool provides top- and front-load washing machines, dryers and combination units designed to balance energy efficiency, capacity and convenience.