Geode Capital Management LLC Purchases 29,162 Shares of Whirlpool Corporation $WHR

Geode Capital Management LLC lifted its position in Whirlpool Corporation (NYSE:WHR) by 2.3% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,279,044 shares of the company’s stock after buying an additional 29,162 shares during the quarter. Geode Capital Management LLC owned about 2.28% of Whirlpool worth $92,472,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in WHR. NewEdge Advisors LLC grew its stake in shares of Whirlpool by 56.7% in the first quarter. NewEdge Advisors LLC now owns 3,120 shares of the company’s stock valued at $281,000 after buying an additional 1,129 shares in the last quarter. Empowered Funds LLC grew its stake in shares of Whirlpool by 206.5% in the first quarter. Empowered Funds LLC now owns 8,528 shares of the company’s stock valued at $769,000 after buying an additional 5,746 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its stake in shares of Whirlpool by 15.0% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 214,918 shares of the company’s stock valued at $19,371,000 after buying an additional 27,995 shares in the last quarter. Invesco Ltd. grew its stake in shares of Whirlpool by 3.2% in the second quarter. Invesco Ltd. now owns 229,566 shares of the company’s stock valued at $23,283,000 after buying an additional 7,151 shares in the last quarter. Finally, EverSource Wealth Advisors LLC grew its stake in shares of Whirlpool by 129.2% in the second quarter. EverSource Wealth Advisors LLC now owns 369 shares of the company’s stock valued at $37,000 after buying an additional 208 shares in the last quarter. 90.78% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

WHR has been the subject of several analyst reports. BNP Paribas Exane raised shares of Whirlpool to a “neutral” rating in a research note on Monday, March 16th. Citigroup reduced their price objective on shares of Whirlpool from $60.00 to $50.00 and set a “neutral” rating for the company in a research report on Monday, May 11th. Bank of America reduced their price objective on shares of Whirlpool from $60.00 to $50.00 and set an “underperform” rating for the company in a research report on Monday, April 20th. Zacks Research cut shares of Whirlpool from a “hold” rating to a “strong sell” rating in a research report on Tuesday, March 10th. Finally, Raymond James Financial reaffirmed a “market perform” rating on shares of Whirlpool in a research report on Monday, March 16th. Two analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and four have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Reduce” and a consensus target price of $68.89.

Whirlpool Trading Down 1.1%

WHR stock opened at $39.57 on Friday. The company has a debt-to-equity ratio of 1.48, a current ratio of 0.88 and a quick ratio of 0.48. The company has a fifty day moving average price of $49.45 and a two-hundred day moving average price of $66.17. Whirlpool Corporation has a one year low of $38.38 and a one year high of $111.96. The stock has a market cap of $2.56 billion, a price-to-earnings ratio of 13.46, a price-to-earnings-growth ratio of 15.58 and a beta of 1.15.

Whirlpool (NYSE:WHR) last released its quarterly earnings data on Wednesday, May 6th. The company reported ($0.56) EPS for the quarter, missing analysts’ consensus estimates of $0.43 by ($0.99). The company had revenue of $3.27 billion for the quarter, compared to the consensus estimate of $3.44 billion. Whirlpool had a return on equity of 7.68% and a net margin of 1.08%.The company’s revenue for the quarter was down 9.6% compared to the same quarter last year. During the same period last year, the firm earned $1.70 earnings per share. Whirlpool has set its FY 2026 guidance at 3.000-3.500 EPS. Equities analysts anticipate that Whirlpool Corporation will post 2.53 EPS for the current year.

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.