Whirlpool (NYSE:WHR) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of Whirlpool (NYSE:WHR) from a strong sell rating to a sell rating in a research note published on Saturday.

Several other research firms have also recently issued reports on WHR. JPMorgan Chase & Co. decreased their target price on shares of Whirlpool from $59.00 to $52.00 and set a “neutral” rating for the company in a research note on Monday, May 11th. Bank of America lowered their price target on Whirlpool from $43.00 to $36.00 and set an “underperform” rating on the stock in a research note on Monday, June 22nd. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Whirlpool in a research note on Wednesday, August 5th. Royal Bank Of Canada upped their target price on Whirlpool from $30.00 to $32.00 and gave the company an “underperform” rating in a report on Wednesday, August 5th. Finally, Citigroup restated a “neutral” rating on shares of Whirlpool in a report on Thursday. One equities research analyst has rated the stock with a Buy rating, seven have issued a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat.com, Whirlpool presently has an average rating of “Reduce” and a consensus price target of $46.88.

Whirlpool Stock Performance

Shares of WHR stock opened at $42.11 on Friday. Whirlpool has a 1 year low of $35.45 and a 1 year high of $96.57. The firm has a market capitalization of $2.75 billion, a price-to-earnings ratio of 14.42, a price-to-earnings-growth ratio of 19.24 and a beta of 1.16. 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 business has a fifty day moving average of $39.28 and a 200 day moving average of $53.85.

Whirlpool (NYSE:WHR) last issued 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 business had revenue of $3.52 billion during 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%.Whirlpool’s quarterly revenue was down 6.8% compared to the same quarter last year. During the same quarter last year, the company posted $1.34 EPS. Whirlpool has set its FY 2026 guidance at 2.500-3.000 EPS. As a group, research analysts expect that Whirlpool will post 2.25 earnings per share for the current year.

Institutional Trading of Whirlpool

A number of institutional investors have recently bought and sold shares of the business. Edmond DE Rothschild Holding S.A. purchased a new stake in shares of Whirlpool during the 2nd quarter worth approximately $9,658,000. Meeder Advisory Services Inc. purchased a new position in shares of Whirlpool during the second quarter worth about $216,000. Deutsche Bank AG acquired a new position in shares of Whirlpool in the second quarter valued at approximately $1,283,000. Global Retirement Partners LLC purchased a new position in Whirlpool during the 2nd quarter worth $50,000. Finally, SCS Capital Management LLC acquired a new stake in Whirlpool in the second quarter valued at about $373,000. 90.78% of the stock is owned by hedge funds and other institutional investors.

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.