Quantbot Technologies LP bought a new stake in shares of Whirlpool Corporation (NYSE:WHR – Free Report) in the second quarter, Holdings Channel reports. The firm bought 35,218 shares of the company’s stock, valued at approximately $1,388,000.
Several other institutional investors also recently bought and sold shares of the company. Kelleher Financial Advisors acquired a new stake in shares of Whirlpool during the second quarter worth about $28,000. Northwestern Mutual Wealth Management Co. boosted its stake in shares of Whirlpool by 172.0% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 389 shares of the company’s stock valued at $28,000 after purchasing an additional 246 shares during the period. Silvant Capital Management LLC acquired a new position in shares of Whirlpool in the second quarter valued at approximately $29,000. Garton & Associates Financial Advisors LLC acquired a new position in shares of Whirlpool in the fourth quarter valued at approximately $35,000. Finally, EverSource Wealth Advisors LLC increased its stake in Whirlpool by 129.2% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 369 shares of the company’s stock worth $37,000 after buying an additional 208 shares during the period. 90.78% of the stock is owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
A number of equities research analysts have issued reports on WHR shares. BNP Paribas Exane began coverage on shares of Whirlpool in a research report on Monday, July 13th. They issued a “neutral” rating and a $43.00 price target for the company. Bank of America cut their price objective on Whirlpool from $43.00 to $36.00 and set an “underperform” rating on the stock in a research report on Monday, June 22nd. Mizuho reduced their price objective on Whirlpool from $45.00 to $40.00 and set a “neutral” rating on the stock in a research note on Tuesday, July 21st. Wells Fargo & Company started coverage on Whirlpool in a report on Monday. They issued an “equal weight” rating and a $42.00 target price for the company. Finally, JPMorgan Chase & Co. lowered their target price on Whirlpool from $59.00 to $52.00 and set a “neutral” rating for the company in a research note on Monday, May 11th. One research analyst has rated the stock with a Buy rating, eight have given a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Reduce” and an average target price of $46.33.
Whirlpool Stock Up 1.7%
Shares of Whirlpool stock opened at $40.81 on Wednesday. The company has a quick ratio of 0.71, a current ratio of 1.15 and a debt-to-equity ratio of 1.74. Whirlpool Corporation has a 52-week low of $35.45 and a 52-week high of $96.57. The company has a market capitalization of $2.66 billion, a P/E ratio of 13.98, a P/E/G ratio of 17.84 and a beta of 1.16. The company has a 50 day moving average of $39.32 and a 200 day moving average of $50.53.
Whirlpool (NYSE:WHR – Get Free Report) last announced its quarterly earnings data on Monday, August 3rd. The company reported ($0.21) EPS for the quarter, missing analysts’ consensus estimates of ($0.06) by ($0.15). Whirlpool had a net margin of 1.17% and a return on equity of 4.18%. The firm had revenue of $3.52 billion during the quarter, compared to analysts’ expectations of $3.55 billion. During the same period in the prior year, the company posted $1.34 earnings per share. The company’s revenue for the quarter was down 6.8% on a year-over-year basis. Whirlpool has set its FY 2026 guidance at 2.500-3.000 EPS. As a group, research analysts forecast that Whirlpool Corporation will post 2.25 EPS for the current fiscal year.
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.
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