Ieq Capital LLC Invests $1.56 Million in Whirlpool Corporation $WHR

Ieq Capital LLC acquired a new position in shares of Whirlpool Corporation (NYSE:WHR) during the second quarter, HoldingsChannel reports. The firm acquired 39,649 shares of the company’s stock, valued at approximately $1,563,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Kelleher Financial Advisors bought a new position in Whirlpool during the 2nd quarter worth about $28,000. Northwestern Mutual Wealth Management Co. lifted its holdings 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 in the last quarter. Silvant Capital Management LLC bought a new stake in shares of Whirlpool in the second quarter valued at about $29,000. Garton & Associates Financial Advisors LLC acquired a new position in shares of Whirlpool during the fourth quarter worth about $35,000. Finally, EverSource Wealth Advisors LLC grew its holdings in shares of Whirlpool by 129.2% during the second quarter. EverSource Wealth Advisors LLC now owns 369 shares of the company’s stock worth $37,000 after buying an additional 208 shares in the last quarter. 90.78% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of brokerages recently issued reports on WHR. Citigroup reissued a “neutral” rating on shares of Whirlpool in a research report on Thursday, August 6th. Wall Street Zen raised shares of Whirlpool from a “strong sell” rating to a “sell” rating in a research note on Saturday, August 8th. Royal Bank Of Canada boosted their price objective on shares of Whirlpool from $30.00 to $32.00 and gave the stock an “underperform” rating in a research report on Wednesday, August 5th. Bank of America reduced their target price on shares of Whirlpool from $43.00 to $36.00 and set an “underperform” rating for the company in a report on Monday, June 22nd. Finally, Wells Fargo & Company started coverage on shares of Whirlpool in a research report on Monday. They issued an “equal weight” rating and a $42.00 target price for the company. One analyst has rated the stock with a Buy rating, eight have assigned a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Reduce” and an average price target of $46.33.

Whirlpool Stock Up 1.7%

WHR 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. The business has a 50 day moving average price of $39.32 and a two-hundred day moving average price of $50.53. The company has a market cap of $2.66 billion, a price-to-earnings ratio of 13.98, a P/E/G ratio of 17.84 and a beta of 1.16. Whirlpool Corporation has a twelve month low of $35.45 and a twelve month high of $96.57.

Whirlpool (NYSE:WHR) last posted its quarterly earnings results on Monday, August 3rd. The company reported ($0.21) earnings per share for the quarter, missing the consensus estimate of ($0.06) by ($0.15). The company had revenue of $3.52 billion for the quarter, compared to analyst estimates of $3.55 billion. Whirlpool had a return on equity of 4.18% and a net margin of 1.17%.The firm’s revenue for the quarter was down 6.8% compared to the same quarter last year. During the same period last year, the firm earned $1.34 EPS. Whirlpool has set its FY 2026 guidance at 2.500-3.000 EPS. Analysts anticipate that Whirlpool Corporation will post 2.25 EPS for the current fiscal year.

Whirlpool Company 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.