PDT Partners LLC bought a new stake in shares of Whirlpool Corporation (NYSE:WHR – Free Report) during the second quarter, Holdings Channel reports. The fund bought 188,582 shares of the company’s stock, valued at approximately $7,434,000.
Other large investors have also modified their holdings of the company. Kelleher Financial Advisors bought a new position in shares of Whirlpool during the second quarter valued at approximately $28,000. Northwestern Mutual Wealth Management Co. lifted its holdings in Whirlpool by 172.0% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 389 shares of the company’s stock worth $28,000 after buying an additional 246 shares during the period. Silvant Capital Management LLC purchased a new stake in Whirlpool during the second quarter worth $29,000. Garton & Associates Financial Advisors LLC bought a new stake in Whirlpool during the 4th quarter valued at $35,000. Finally, EverSource Wealth Advisors LLC boosted its position in Whirlpool by 129.2% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 369 shares of the company’s stock valued at $37,000 after acquiring an additional 208 shares in the last quarter. Institutional investors own 90.78% of the company’s stock.
Whirlpool Stock Up 1.7%
NYSE:WHR opened at $40.81 on Wednesday. The company has a market cap of $2.66 billion, a PE ratio of 13.98, a P/E/G ratio of 17.84 and a beta of 1.16. Whirlpool Corporation has a twelve month low of $35.45 and a twelve month high of $96.57. The company has a current ratio of 1.15, a quick ratio of 0.71 and a debt-to-equity ratio of 1.74. The company’s 50 day moving average is $39.32 and its two-hundred day moving average is $50.53.
Wall Street Analyst Weigh In
WHR has been the subject of several recent research reports. Citigroup reissued a “neutral” rating on shares of Whirlpool in a research report on Thursday, August 6th. Zacks Research upgraded Whirlpool from a “strong sell” rating to a “hold” rating in a research note on Thursday, August 6th. Bank of America reduced their target price on shares of Whirlpool from $43.00 to $36.00 and set an “underperform” rating for the company in a report on Monday, June 22nd. Wall Street Zen raised shares of Whirlpool from a “strong sell” rating to a “sell” rating in a research report on Saturday, August 8th. Finally, Weiss Ratings restated a “sell (d)” rating on shares of Whirlpool in a report on Wednesday, August 5th. One investment analyst has rated the stock with a Buy rating, eight have issued a Hold rating and three have issued a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of “Reduce” and a consensus price target of $46.33.
Read Our Latest Analysis on Whirlpool
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.
Read More
- Five stocks we like better than Whirlpool
- Pathward’s Credit Scare Tests Its Comeback Story
- Wiring the AI Boom: Rumble’s $13.7B Pivot
- StoneX: Too Far Too Fast?
- DICK’s Sporting Goods Faces Pain Now for a Bigger Prize
Want to see what other hedge funds are holding WHR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Whirlpool Corporation (NYSE:WHR – Free Report).
Receive News & Ratings for Whirlpool Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Whirlpool and related companies with MarketBeat.com's FREE daily email newsletter.
