Stifel Nicolaus Cuts Whirlpool (NYSE:WHR) Price Target to $37.00

Whirlpool (NYSE:WHRFree Report) had its price target decreased by Stifel Nicolaus from $45.00 to $37.00 in a report published on Thursday, Marketbeat Ratings reports. Stifel Nicolaus currently has a hold rating on the stock.

Other analysts have also issued research reports about the stock. Weiss Ratings lowered shares of Whirlpool from a “hold (c-)” rating to a “sell (d)” rating in a research report on Friday, May 8th. Citigroup lowered their price objective on shares of Whirlpool from $50.00 to $42.00 and set a “neutral” rating for the company in a research report on Tuesday, July 14th. Wall Street Zen upgraded Whirlpool from a “strong sell” rating to a “sell” rating in a research note on Saturday, June 27th. Mizuho reduced their target price on Whirlpool from $45.00 to $40.00 and set a “neutral” rating on the stock in a report on Tuesday, July 21st. Finally, BNP Paribas Exane initiated coverage on Whirlpool in a research note on Monday, July 13th. They issued a “neutral” rating and a $43.00 price target on the stock. One research analyst has rated the stock with a Buy rating, seven have issued a Hold rating and four have given a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Reduce” and a consensus target price of $51.22.

Check Out Our Latest Stock Report on Whirlpool

Whirlpool Stock Up 4.5%

WHR stock opened at $37.28 on Thursday. Whirlpool has a 52 week low of $35.45 and a 52 week high of $100.49. The business has a 50-day simple moving average of $39.68 and a 200 day simple moving average of $57.32. The company has a quick ratio of 0.48, a current ratio of 0.88 and a debt-to-equity ratio of 1.48. The company has a market cap of $2.42 billion, a PE ratio of 12.68, a price-to-earnings-growth ratio of 32.27 and a beta of 1.16.

Whirlpool (NYSE:WHRGet Free Report) last announced its quarterly earnings data on Wednesday, May 6th. The company reported ($0.56) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.43 by ($0.99). Whirlpool had a return on equity of 7.68% and a net margin of 1.08%.The firm had revenue of $3.27 billion for the quarter, compared to analyst estimates of $3.44 billion. During the same quarter in the previous year, the company earned $1.70 earnings per share. The company’s quarterly revenue was down 9.6% on a year-over-year basis. Whirlpool has set its FY 2026 guidance at 3.000-3.500 EPS. Sell-side analysts anticipate that Whirlpool will post 1.15 EPS for the current fiscal year.

Institutional Trading of Whirlpool

Hedge funds have recently added to or reduced their stakes in the stock. Community Financial Services Group LLC increased its holdings in shares of Whirlpool by 99.2% during the second quarter. Community Financial Services Group LLC now owns 1,275 shares of the company’s stock worth $51,000 after buying an additional 635 shares in the last quarter. Kwmg LLC boosted its holdings in shares of Whirlpool by 15.3% during the 2nd quarter. Kwmg LLC now owns 77,019 shares of the company’s stock valued at $3,036,000 after acquiring an additional 10,229 shares in the last quarter. GAMMA Investing LLC grew its position in Whirlpool by 719.4% during the 2nd quarter. GAMMA Investing LLC now owns 2,663 shares of the company’s stock worth $105,000 after acquiring an additional 2,338 shares during the last quarter. Seven Six Capital Management LLC grew its position in Whirlpool by 32.5% during the 1st quarter. Seven Six Capital Management LLC now owns 43,150 shares of the company’s stock worth $2,327,000 after acquiring an additional 10,575 shares during the last quarter. Finally, Kentucky Retirement Systems acquired a new position in Whirlpool in the 1st quarter worth about $349,000. Institutional investors and hedge funds own 90.78% of the company’s stock.

About Whirlpool

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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.

Further Reading

Analyst Recommendations for Whirlpool (NYSE:WHR)

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