Xcel Wealth Management LLC Sells 15,333 Shares of Whirlpool Corporation $WHR

Xcel Wealth Management LLC reduced its stake in Whirlpool Corporation (NYSE:WHR) by 52.9% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 13,646 shares of the company’s stock after selling 15,333 shares during the quarter. Xcel Wealth Management LLC’s holdings in Whirlpool were worth $736,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of WHR. SG Americas Securities LLC boosted its stake in Whirlpool by 96.0% in the 4th quarter. SG Americas Securities LLC now owns 101,907 shares of the company’s stock valued at $7,352,000 after purchasing an additional 49,903 shares during the period. Causeway Capital Management LLC boosted its position in shares of Whirlpool by 42.3% in the third 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 period. M&T Bank Corp grew 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. increased its position 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 acquiring an additional 101,962 shares during the period. Finally, Quantbot Technologies LP boosted its holdings in Whirlpool by 160.8% in the 3rd quarter. Quantbot Technologies LP now owns 116,633 shares of the company’s stock valued at $9,167,000 after purchasing an additional 71,909 shares during the period. 90.78% of the stock is currently owned by institutional investors and hedge funds.

Whirlpool Price Performance

Whirlpool stock opened at $37.73 on Friday. 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 52 week low of $36.06 and a 52 week high of $111.96. The stock has a market capitalization of $2.45 billion, a P/E ratio of 12.83, a price-to-earnings-growth ratio of 21.88 and a beta of 1.15. The stock has a fifty day moving average of $45.17 and a 200-day moving average of $62.54.

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

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on the stock. Raymond James Financial reiterated a “market perform” rating on shares of Whirlpool in a research report on Monday, March 16th. BNP Paribas Exane upgraded Whirlpool to a “neutral” rating in a research note on Monday, March 16th. Royal Bank Of Canada dropped their price objective on Whirlpool from $32.00 to $30.00 and set an “underperform” rating for the company in a report on Tuesday, June 16th. Weiss Ratings lowered Whirlpool from a “hold (c-)” rating to a “sell (d)” rating in a report on Friday, May 8th. Finally, JPMorgan Chase & Co. decreased their price target on Whirlpool from $59.00 to $52.00 and set a “neutral” rating on the stock in a research report on Monday, May 11th. Two investment analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and four have assigned a Sell rating to the stock. According to MarketBeat, the company currently has an average rating of “Reduce” and an average price target of $67.11.

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.