HighTower Advisors LLC Has $41.57 Million Stock Position in Whirlpool Corporation $WHR

HighTower Advisors LLC lowered its position in Whirlpool Corporation (NYSE:WHR) by 8.3% during the 2nd quarter, Holdings Channel reports. The fund owned 1,054,491 shares of the company’s stock after selling 95,300 shares during the period. HighTower Advisors LLC’s holdings in Whirlpool were worth $41,568,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Angeles Wealth Management LLC grew its position in Whirlpool by 196.9% in the 1st quarter. Angeles Wealth Management LLC now owns 38,697 shares of the company’s stock valued at $2,087,000 after purchasing an additional 25,663 shares during the period. Nykredit A S acquired a new position in Whirlpool during the second quarter worth $51,953,000. Capstone Investment Advisors LLC bought a new position in shares of Whirlpool in the second quarter valued at $1,274,000. Deutsche Bank AG acquired a new position in shares of Whirlpool during the second quarter valued at about $1,283,000. Finally, PDT Partners LLC bought a new stake in shares of Whirlpool during the second quarter worth about $7,434,000. Institutional investors own 90.78% of the company’s stock.

Whirlpool Trading Up 0.2%

NYSE WHR opened at $39.37 on Tuesday. The business’s fifty day moving average is $39.60 and its 200-day moving average is $47.42. 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 stock has a market capitalization of $2.57 billion, a price-to-earnings ratio of 13.48, a PEG ratio of 17.47 and a beta of 1.18. Whirlpool Corporation has a one year low of $35.45 and a one year high of $96.57.

Whirlpool (NYSE:WHR) last posted 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). Whirlpool had a net margin of 1.17% and a return on equity of 4.18%. The company had revenue of $3.52 billion for the quarter, compared to the consensus estimate of $3.55 billion. During the same quarter in the previous year, the company posted $1.34 EPS. Whirlpool’s quarterly revenue was down 6.8% compared to the same quarter last year. Whirlpool has set its FY 2026 guidance at 2.500-3.000 EPS. Equities research analysts predict that Whirlpool Corporation will post 2.25 EPS for the current year.

Analyst Ratings Changes

Several equities analysts recently weighed in on the stock. Wall Street Zen raised shares of Whirlpool from a “strong sell” rating to a “sell” rating in a research report on Saturday, August 8th. Royal Bank Of Canada boosted their price objective on Whirlpool from $30.00 to $32.00 and gave the stock an “underperform” rating in a report on Wednesday, August 5th. Weiss Ratings reissued a “sell (d)” rating on shares of Whirlpool in a research note on Wednesday, August 5th. Bank of America dropped their target price on Whirlpool from $43.00 to $36.00 and set an “underperform” rating on the stock in a report on Monday, June 22nd. Finally, Citigroup reiterated a “neutral” rating on shares of Whirlpool in a report on Thursday, August 6th. One equities research analyst has rated the stock with a Buy rating, eight have assigned a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Reduce” and a consensus target price of $46.33.

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.