Whirlpool Corporation (NYSE:WHR) Declares $0.90 Quarterly Dividend

Whirlpool Corporation (NYSE:WHR) announced a quarterly dividend on Monday, February 16th. Stockholders of record on Friday, February 27th will be paid a dividend of 0.90 per share on Thursday, March 26th. This represents a c) dividend on an annualized basis and a dividend yield of 4.1%. The ex-dividend date is Friday, February 27th.

Whirlpool has raised its dividend by an average of 0.0%annually over the last three years. Whirlpool has a dividend payout ratio of 33.8% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect Whirlpool to earn $10.75 per share next year, which means the company should continue to be able to cover its $3.60 annual dividend with an expected future payout ratio of 33.5%.

Whirlpool Stock Down 2.1%

Whirlpool stock opened at $88.55 on Tuesday. The business’s 50-day moving average price is $80.83 and its 200 day moving average price is $80.45. The company has a quick ratio of 0.40, a current ratio of 0.76 and a debt-to-equity ratio of 2.06. The firm has a market cap of $5.00 billion, a price-to-earnings ratio of 15.67, a price-to-earnings-growth ratio of 1.46 and a beta of 1.25. Whirlpool has a 52 week low of $65.35 and a 52 week high of $111.96.

Whirlpool (NYSE:WHR) last released its quarterly earnings data on Wednesday, January 28th. The company reported $1.10 EPS for the quarter, missing the consensus estimate of $1.54 by ($0.44). The company had revenue of $4.10 billion during the quarter, compared to analysts’ expectations of $4.27 billion. Whirlpool had a return on equity of 12.98% and a net margin of 2.04%.The company’s revenue for the quarter was down 1.0% on a year-over-year basis. During the same quarter in the prior year, the company posted $4.57 EPS. Whirlpool has set its FY 2026 guidance at 7.000-7.000 EPS. As a group, sell-side analysts anticipate that Whirlpool will post 9.52 earnings per share for the current year.

Hedge Funds Weigh In On Whirlpool

Hedge funds and other institutional investors have recently made changes to their positions in the company. NewEdge Advisors LLC raised its stake in Whirlpool by 56.7% in the 1st quarter. NewEdge Advisors LLC now owns 3,120 shares of the company’s stock valued at $281,000 after purchasing an additional 1,129 shares during the last quarter. Empowered Funds LLC raised its position 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 during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted 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 worth $19,371,000 after buying an additional 27,995 shares in the last quarter. Vanguard Personalized Indexing Management LLC boosted its position in Whirlpool by 13.2% during the second quarter. Vanguard Personalized Indexing Management LLC now owns 5,366 shares of the company’s stock worth $544,000 after acquiring an additional 627 shares during the last quarter. Finally, Allianz Asset Management GmbH grew its stake in Whirlpool by 72.4% during the 2nd quarter. Allianz Asset Management GmbH now owns 227,817 shares of the company’s stock valued at $23,105,000 after acquiring an additional 95,680 shares in the last quarter. Hedge funds and other 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.