Edmond DE Rothschild Holding S.A. Acquires New Stake in Whirlpool Corporation $WHR

Edmond DE Rothschild Holding S.A. bought a new position in Whirlpool Corporation (NYSE:WHR) during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 245,000 shares of the company’s stock, valued at approximately $9,658,000. Edmond DE Rothschild Holding S.A. owned about 0.38% of Whirlpool as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of the business. Charles Schwab Investment Management Inc. grew its holdings in shares of Whirlpool by 3.4% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 2,429,230 shares of the company’s stock worth $175,245,000 after purchasing an additional 80,122 shares in the last quarter. RWWM Inc. increased its holdings in shares of Whirlpool by 191.6% in the 1st quarter. RWWM Inc. now owns 2,422,618 shares of the company’s stock worth $130,628,000 after buying an additional 1,591,849 shares during the last quarter. Newport Trust Company LLC raised its position in shares of Whirlpool by 10.2% during the 4th quarter. Newport Trust Company LLC now owns 2,391,252 shares of the company’s stock valued at $172,505,000 after buying an additional 221,564 shares in the last quarter. Geode Capital Management LLC raised its position in shares of Whirlpool by 2.3% during the 4th quarter. Geode Capital Management LLC now owns 1,279,044 shares of the company’s stock valued at $92,472,000 after buying an additional 29,162 shares in the last quarter. Finally, Russell Investments Group Ltd. lifted its holdings in shares of Whirlpool by 37.0% during the 4th quarter. Russell Investments Group Ltd. now owns 550,175 shares of the company’s stock worth $39,690,000 after acquiring an additional 148,535 shares during the last quarter. Hedge funds and other institutional investors own 90.78% of the company’s stock.

Whirlpool Stock Up 2.1%

Shares of NYSE WHR opened at $40.08 on Thursday. The firm’s fifty day moving average is $39.42 and its 200 day moving average is $51.74. Whirlpool Corporation has a 52 week low of $35.45 and a 52 week high of $96.57. The company has a quick ratio of 0.71, a current ratio of 1.15 and a debt-to-equity ratio of 1.74. The company has a market cap of $2.61 billion, a price-to-earnings ratio of 13.73, a PEG ratio of 17.45 and a beta of 1.16.

Whirlpool (NYSE:WHR) last announced 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 firm had revenue of $3.52 billion for the quarter, compared to analysts’ expectations of $3.55 billion. Whirlpool had a net margin of 1.17% and a return on equity of 4.18%. The company’s quarterly revenue was down 6.8% on a year-over-year basis. During the same period in the previous year, the company earned $1.34 EPS. Whirlpool has set its FY 2026 guidance at 2.500-3.000 EPS. On average, equities research analysts expect that Whirlpool Corporation will post 2.25 earnings per share for the current year.

Analysts Set New Price Targets

Several research analysts recently issued reports on WHR shares. Stifel Nicolaus cut their target price on shares of Whirlpool from $45.00 to $37.00 and set a “hold” rating for the company in a research report on Thursday, July 23rd. Raymond James Financial restated a “market perform” rating on shares of Whirlpool in a research report on Wednesday. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Whirlpool in a research note on Wednesday, August 5th. Zacks Research upgraded Whirlpool from a “strong sell” rating to a “hold” rating in a report on Thursday, August 6th. Finally, JPMorgan Chase & Co. decreased their price objective on Whirlpool from $59.00 to $52.00 and set a “neutral” rating on the stock in a report on Monday, May 11th. One equities research analyst has rated the stock with a Buy rating, seven have given a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Reduce” and an average target price of $46.88.

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.