Newport Trust Company LLC Buys 221,564 Shares of Whirlpool Corporation $WHR

Newport Trust Company LLC grew its stake in shares of Whirlpool Corporation (NYSE:WHR) by 10.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 2,391,252 shares of the company’s stock after buying an additional 221,564 shares during the period. Newport Trust Company LLC owned approximately 4.26% of Whirlpool worth $172,505,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in WHR. Global Retirement Partners LLC raised its stake in Whirlpool by 102.3% during the 4th quarter. Global Retirement Partners LLC now owns 1,333 shares of the company’s stock worth $96,000 after buying an additional 674 shares during the period. Leonteq Securities AG bought a new position in Whirlpool during the fourth quarter worth about $44,000. Fideuram Intesa Sanpaolo Private Banking S.P.A. bought a new position in Whirlpool during the fourth quarter worth about $106,000. Handelsbanken Fonder AB lifted its holdings in Whirlpool by 10.0% during the fourth quarter. Handelsbanken Fonder AB now owns 7,700 shares of the company’s stock worth $555,000 after acquiring an additional 700 shares in the last quarter. Finally, 626 Financial LLC bought a new position in Whirlpool during the fourth quarter worth about $251,000. Institutional investors own 90.78% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on WHR. JPMorgan Chase & Co. reduced their target price on Whirlpool from $59.00 to $52.00 and set a “neutral” rating on the stock in a report on Monday, May 11th. Raymond James Financial reiterated a “market perform” rating on shares of Whirlpool in a report on Monday, March 16th. Zacks Research lowered Whirlpool from a “hold” rating to a “strong sell” rating in a report on Tuesday, March 10th. Weiss Ratings lowered Whirlpool from a “hold (c-)” rating to a “sell (d)” rating in a report on Friday, May 8th. Finally, Wall Street Zen lowered Whirlpool from a “hold” rating to a “strong sell” rating in a report on Saturday, May 9th. Two investment analysts have rated the stock with a Buy rating, seven have given a Hold rating and four have assigned a Sell rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Reduce” and an average target price of $68.89.

Whirlpool Stock Performance

WHR opened at $43.17 on Friday. The business’s 50-day moving average price is $52.39 and its two-hundred day moving average price is $68.18. Whirlpool Corporation has a 1 year low of $38.38 and a 1 year high of $111.96. The company has a market capitalization of $2.80 billion, a price-to-earnings ratio of 14.68, a P/E/G ratio of 16.39 and a beta of 1.23. The company has a debt-to-equity ratio of 1.48, a current ratio of 0.88 and a quick ratio of 0.48.

Whirlpool (NYSE:WHR) last released its quarterly earnings results 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). The firm had revenue of $3.27 billion during the quarter, compared to analyst estimates of $3.44 billion. Whirlpool had a net margin of 1.08% and a return on equity of 7.68%. The business’s revenue for the quarter was down 9.6% compared to the same quarter last year. During the same period in the prior year, the business earned $1.70 EPS. Whirlpool has set its FY 2026 guidance at 3.000-3.500 EPS. Equities analysts expect that Whirlpool Corporation will post 2.53 EPS for the current fiscal year.

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.