Credit Agricole S A increased its position in shares of Whirlpool Corporation (NYSE:WHR) by 7.9% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 33,840 shares of the company’s stock after buying an additional 2,479 shares during the period. Credit Agricole S A’s holdings in Whirlpool Corporation were worth $5,799,000 as of its most recent filing with the SEC.
A number of other large investors also recently made changes to their positions in the stock. Delphi Management Inc. MA raised its stake in shares of Whirlpool Corporation by 46.8% in the third quarter. Delphi Management Inc. MA now owns 13,123 shares of the company’s stock worth $2,128,000 after buying an additional 4,186 shares during the last quarter. Holderness Investments Co. bought a new stake in shares of Whirlpool Corporation during the fourth quarter worth $223,000. Radnor Capital Management LLC bought a new stake in shares of Whirlpool Corporation during the fourth quarter worth $273,000. Barrow Hanley Mewhinney & Strauss LLC raised its stake in shares of Whirlpool Corporation by 4.3% in the fourth quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 2,174,038 shares of the company’s stock worth $395,175,000 after buying an additional 89,260 shares during the last quarter. Finally, Calamos Advisors LLC raised its stake in shares of Whirlpool Corporation by 5.9% in the fourth quarter. Calamos Advisors LLC now owns 81,663 shares of the company’s stock worth $14,844,000 after buying an additional 4,522 shares during the last quarter. Institutional investors own 94.99% of the company’s stock.
Shares of Whirlpool Corporation (NYSE:WHR) traded down 0.53% on Tuesday, hitting $195.82. 523,406 shares of the stock were exchanged. The stock has a market cap of $14.48 billion, a PE ratio of 16.85 and a beta of 1.76. Whirlpool Corporation has a 52-week low of $145.91 and a 52-week high of $202.99. The company’s 50 day moving average is $186.64 and its 200-day moving average is $179.03.
Whirlpool Corporation (NYSE:WHR) last announced its earnings results on Monday, April 24th. The company reported $2.50 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $2.65 by $0.15. Whirlpool Corporation had a net margin of 4.27% and a return on equity of 18.37%. The business had revenue of $4.79 billion during the quarter, compared to analyst estimates of $4.74 billion. During the same period in the previous year, the company earned $2.63 earnings per share. The business’s revenue for the quarter was up 3.7% on a year-over-year basis. Analysts predict that Whirlpool Corporation will post $15.12 EPS for the current fiscal year.
The firm also recently announced a quarterly dividend, which was paid on Thursday, June 15th. Shareholders of record on Friday, May 19th were given a $1.10 dividend. This represents a $4.40 dividend on an annualized basis and a dividend yield of 2.23%. This is a positive change from Whirlpool Corporation’s previous quarterly dividend of $1.00. The ex-dividend date was Wednesday, May 17th. Whirlpool Corporation’s dividend payout ratio is presently 37.87%.
A number of equities research analysts recently weighed in on WHR shares. Zacks Investment Research lowered shares of Whirlpool Corporation from a “hold” rating to a “sell” rating in a report on Wednesday, April 19th. Royal Bank Of Canada reissued a “buy” rating and set a $216.00 target price on shares of Whirlpool Corporation in a research report on Friday, June 2nd. One analyst has rated the stock with a sell rating, four have assigned a hold rating, three have given a buy rating and one has issued a strong buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus target price of $191.43.
In other Whirlpool Corporation news, insider Marc R. Bitzer sold 19,314 shares of the company’s stock in a transaction that occurred on Wednesday, May 10th. The stock was sold at an average price of $183.84, for a total value of $3,550,685.76. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Corporate insiders own 2.69% of the company’s stock.
About Whirlpool Corporation
Whirlpool Corporation is a manufacturer and marketer of home appliances. The Company’s segments include North America; Europe, Middle East and Africa (EMEA); Latin America, and Asia. In North America, the Company markets and distributes home appliances and small domestic appliances under a range of brand names.
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