Whirlpool (NYSE:WHR) Hits New 12-Month Low – Here’s What Happened

Whirlpool Corporation (NYSE:WHR)’s share price reached a new 52-week low during trading on Thursday . The company traded as low as $35.34 and last traded at $35.6450, with a volume of 169194 shares traded. The stock had previously closed at $36.83.

Analyst Upgrades and Downgrades

WHR has been the topic of a number of analyst reports. Wells Fargo & Company decreased their price objective on Whirlpool from $42.00 to $39.00 and set an “equal weight” rating on the stock in a research note on Friday. Stifel Nicolaus cut their target price on Whirlpool from $45.00 to $37.00 and set a “hold” rating for the company in a research note on Thursday, July 23rd. BNP Paribas Exane started coverage on Whirlpool in a research report on Monday, July 13th. They set a “neutral” rating and a $43.00 price target on the stock. Citigroup reissued a “neutral” rating on shares of Whirlpool in a report on Thursday, August 6th. Finally, Zacks Research upgraded shares of Whirlpool from a “strong sell” rating to a “hold” rating in a research report on Thursday, August 6th. One analyst has rated the stock with a Buy rating, eight have given a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat, Whirlpool presently has a consensus rating of “Reduce” and a consensus target price of $45.44.

Whirlpool Trading Down 1.6%

The company has a debt-to-equity ratio of 1.74, a current ratio of 1.15 and a quick ratio of 0.71. The stock has a market cap of $2.30 billion, a P/E ratio of 12.10, a PEG ratio of 15.95 and a beta of 1.18. The firm’s fifty day moving average price is $39.40 and its two-hundred day moving average price is $46.32.

Whirlpool (NYSE:WHR) last posted its quarterly earnings data on Monday, August 3rd. The company reported ($0.21) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.06) by ($0.15). Whirlpool had a net margin of 1.17% and a return on equity of 4.18%. The business had revenue of $3.52 billion for the quarter, compared to the consensus estimate of $3.55 billion. During the same period in the prior year, the business posted $1.34 EPS. Whirlpool’s quarterly revenue 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, equities research analysts forecast that Whirlpool Corporation will post 2.25 EPS for the current year.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of WHR. Kelleher Financial Advisors bought a new position in shares of Whirlpool in the second quarter worth approximately $28,000. Northwestern Mutual Wealth Management Co. lifted its position in Whirlpool by 172.0% during 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 last quarter. Silvant Capital Management LLC bought a new stake in Whirlpool during the second quarter valued at approximately $29,000. Garton & Associates Financial Advisors LLC purchased a new position in Whirlpool in the 4th quarter worth approximately $35,000. Finally, EverSource Wealth Advisors LLC grew its stake in Whirlpool by 129.2% in 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 in the last quarter. Hedge funds and other institutional investors own 90.78% of the company’s stock.

About Whirlpool

Whirlpool Corporation is a global manufacturer and marketer of home appliances. The company develops products designed for food preservation, laundry, cooking, dishwashing and other household needs, serving consumers through retail, e-commerce and builder channels.

Its product portfolio includes refrigerators and freezers, washing machines and dryers, ranges and ovens, dishwashers, microwaves and other kitchen appliances. Whirlpool markets products under brands including Whirlpool, Maytag, KitchenAid, Amana and JennAir, with brand availability varying by market.

Founded in 1911 as the Upton Machine Company, Whirlpool is headquartered in Benton Harbor, Michigan.