Whirlpool Corporation (NYSE:WHR) Given Consensus Recommendation of “Reduce” by Brokerages

Shares of Whirlpool Corporation (NYSE:WHR) have been assigned an average recommendation of “Reduce” from the twelve analysts that are covering the firm, MarketBeat reports. Three equities research analysts have rated the stock with a sell recommendation, eight have given a hold recommendation and one has assigned a buy recommendation to the company. The average 12-month price objective among brokers that have issued a report on the stock in the last year is $46.3333.

A number of brokerages have commented on WHR. Mizuho cut their price target on shares of Whirlpool from $45.00 to $40.00 and set a “neutral” rating for the company in a research note on Tuesday, July 21st. Zacks Research upgraded shares of Whirlpool from a “strong sell” rating to a “hold” rating in a research note on Thursday, August 6th. Stifel Nicolaus lowered their price objective on Whirlpool from $45.00 to $37.00 and set a “hold” rating on the stock in a research note on Thursday, July 23rd. Weiss Ratings reiterated a “sell (d)” rating on shares of Whirlpool in a research report on Wednesday, August 5th. Finally, Wells Fargo & Company assumed coverage on Whirlpool in a research note on Monday, August 24th. They set an “equal weight” rating and a $42.00 target price for the company.

Whirlpool Trading Up 2.6%

NYSE WHR opened at $38.92 on Friday. Whirlpool has a 52 week low of $35.45 and a 52 week high of $96.57. The stock’s 50 day moving average price is $39.55 and its two-hundred day moving average price is $48.46. The stock has a market capitalization of $2.54 billion, a price-to-earnings ratio of 13.33, a PEG ratio of 16.86 and a beta of 1.18. The company has a debt-to-equity ratio of 1.74, a quick ratio of 0.71 and a current ratio of 1.15.

Whirlpool (NYSE:WHR) last issued its quarterly earnings results on Monday, August 3rd. The company reported ($0.21) earnings per share (EPS) 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 net margin of 1.17% and a return on equity of 4.18%. The firm’s quarterly revenue was down 6.8% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.34 earnings per share. Whirlpool has set its FY 2026 guidance at 2.500-3.000 EPS. As a group, analysts anticipate that Whirlpool will post 2.25 earnings per share for the current fiscal year.

Institutional Trading of Whirlpool

Several institutional investors have recently modified their holdings of WHR. Kelleher Financial Advisors bought a new stake in shares of Whirlpool in the 2nd quarter valued at about $28,000. Northwestern Mutual Wealth Management Co. raised its holdings in shares of Whirlpool by 172.0% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 389 shares of the company’s stock valued at $28,000 after purchasing an additional 246 shares during the period. Silvant Capital Management LLC bought a new position in Whirlpool in the second quarter worth approximately $29,000. Garton & Associates Financial Advisors LLC bought a new position in shares of Whirlpool in the 4th quarter worth $35,000. Finally, EverSource Wealth Advisors LLC grew its holdings in shares of Whirlpool by 129.2% during 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 during the last quarter. Institutional investors own 90.78% of the company’s stock.

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.