Havemeyer Place LP acquired a new position in shares of Whirlpool Corporation (NYSE:WHR – Free Report) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 14,790 shares of the company’s stock, valued at approximately $1,067,000.
Other hedge funds have also recently made changes to their positions in the company. Flagship Harbor Advisors LLC purchased a new position in shares of Whirlpool during the 4th quarter worth approximately $25,000. Northwestern Mutual Wealth Management Co. boosted its position in shares of Whirlpool by 172.0% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 389 shares of the company’s stock worth $28,000 after purchasing an additional 246 shares during the period. EverSource Wealth Advisors LLC boosted its position in shares of 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 purchasing an additional 208 shares during the period. SBI Securities Co. Ltd. boosted its position in shares of Whirlpool by 113.4% during the 4th quarter. SBI Securities Co. Ltd. now owns 527 shares of the company’s stock worth $38,000 after purchasing an additional 280 shares during the period. Finally, Hara Capital LLC purchased a new position in shares of Whirlpool during the 4th quarter worth approximately $40,000. Hedge funds and other institutional investors own 90.78% of the company’s stock.
Wall Street Analysts Forecast Growth
A number of research firms recently weighed in on WHR. Wall Street Zen cut shares of Whirlpool from a “hold” rating to a “strong sell” rating in a research report on Saturday, May 9th. Stifel Nicolaus set a $55.00 price objective on shares of Whirlpool in a research report on Monday, May 4th. Weiss Ratings cut shares of Whirlpool from a “hold (c-)” rating to a “sell (d)” rating in a research report on Friday, May 8th. Royal Bank Of Canada decreased their price target on shares of Whirlpool from $37.00 to $32.00 and set an “underperform” rating for the company in a research report on Friday, May 8th. Finally, Raymond James Financial reissued a “market perform” rating on shares of Whirlpool in a research report on Monday, March 16th. Two investment analysts have rated the stock with a Buy rating, seven have issued a Hold rating and four have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Reduce” and a consensus target price of $68.89.
Whirlpool Stock Performance
Shares of WHR stock opened at $39.57 on Monday. The company has a quick ratio of 0.48, a current ratio of 0.88 and a debt-to-equity ratio of 1.48. Whirlpool Corporation has a 52 week low of $38.38 and a 52 week high of $111.96. The stock has a market capitalization of $2.56 billion, a PE ratio of 13.46, a P/E/G ratio of 15.58 and a beta of 1.15. The firm has a 50 day moving average of $49.45 and a two-hundred day moving average of $66.15.
Whirlpool (NYSE:WHR – Get Free Report) last issued its quarterly earnings results on Wednesday, May 6th. The company reported ($0.56) EPS for the quarter, missing the consensus estimate of $0.43 by ($0.99). Whirlpool had a net margin of 1.08% and a return on equity of 7.68%. The business had revenue of $3.27 billion during the quarter, compared to analysts’ expectations of $3.44 billion. During the same period in the prior year, the business earned $1.70 EPS. The business’s quarterly revenue was down 9.6% on a year-over-year basis. Whirlpool has set its FY 2026 guidance at 3.000-3.500 EPS. On average, research analysts predict 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.
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