Whirlpool Corporation (NYSE:WHR – Get Free Report)’s share price hit a new 52-week low on Wednesday . The stock traded as low as $36.01 and last traded at $36.6650, with a volume of 378971 shares traded. The stock had previously closed at $37.12.
Analysts Set New Price Targets
Several equities research analysts have issued reports on the company. BNP Paribas Exane raised Whirlpool to a “neutral” rating in a research note on Monday, March 16th. Stifel Nicolaus set a $55.00 price target on Whirlpool in a research note on Monday, May 4th. JPMorgan Chase & Co. lowered their price target on Whirlpool from $59.00 to $52.00 and set a “neutral” rating for the company in a report on Monday, May 11th. Royal Bank Of Canada cut their price objective on Whirlpool from $32.00 to $30.00 and set an “underperform” rating for the company in a research report on Tuesday, June 16th. Finally, Weiss Ratings lowered shares of Whirlpool from a “hold (c-)” rating to a “sell (d)” rating in a report on Friday, May 8th. One analyst has rated the stock with a Buy rating, seven have assigned a Hold rating and four have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Reduce” and a consensus price target of $57.38.
View Our Latest Stock Report on WHR
Whirlpool Price Performance
Whirlpool (NYSE:WHR – Get Free Report) last posted its quarterly earnings data on Wednesday, May 6th. The company reported ($0.56) earnings per share (EPS) 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 firm had revenue of $3.27 billion during the quarter, compared to analysts’ expectations of $3.44 billion. During the same quarter in the prior year, the firm posted $1.70 EPS. Whirlpool’s quarterly revenue was down 9.6% compared to the same quarter last year. Whirlpool has set its FY 2026 guidance at 3.000-3.500 EPS. As a group, analysts expect that Whirlpool Corporation will post 1.73 EPS for the current year.
Institutional Inflows and Outflows
A number of institutional investors have recently made changes to their positions in the business. SG Americas Securities LLC grew its stake in shares of Whirlpool by 96.0% in the fourth quarter. SG Americas Securities LLC now owns 101,907 shares of the company’s stock worth $7,352,000 after acquiring an additional 49,903 shares in the last quarter. M&T Bank Corp raised its stake in shares of Whirlpool by 973.9% in the fourth quarter. M&T Bank Corp now owns 29,962 shares of the company’s stock valued at $2,161,000 after acquiring an additional 27,172 shares in the last quarter. Russell Investments Group Ltd. boosted its holdings in Whirlpool by 34.0% in the third quarter. Russell Investments Group Ltd. now owns 401,640 shares of the company’s stock valued at $31,569,000 after purchasing an additional 101,962 shares during the period. Advisors Capital Management LLC boosted its holdings in Whirlpool by 4.0% in the fourth 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 period. Finally, D.A. Davidson & CO. acquired a new position in Whirlpool during the 4th quarter worth $894,000. Institutional investors and hedge funds own 90.78% of the company’s stock.
About Whirlpool
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.
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