Fishman Jay A Ltd. MI Sells 54,145 Shares of Whirlpool Corporation $WHR

Fishman Jay A Ltd. MI cut its stake in shares of Whirlpool Corporation (NYSE:WHR) by 39.6% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 82,717 shares of the company’s stock after selling 54,145 shares during the quarter. Whirlpool accounts for about 0.5% of Fishman Jay A Ltd. MI’s portfolio, making the stock its 28th largest position. Fishman Jay A Ltd. MI’s holdings in Whirlpool were worth $5,967,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Flagship Harbor Advisors LLC bought a new stake in shares of Whirlpool during the 4th quarter valued at approximately $25,000. EverSource Wealth Advisors LLC grew its holdings in shares of Whirlpool by 129.2% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 369 shares of the company’s stock valued at $37,000 after purchasing an additional 208 shares during the last quarter. Hara Capital LLC bought a new stake in shares of Whirlpool during the 4th quarter valued at approximately $40,000. Caitong International Asset Management Co. Ltd grew its holdings in shares of Whirlpool by 1,444.4% during the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 556 shares of the company’s stock valued at $44,000 after purchasing an additional 520 shares during the last quarter. Finally, Ameriflex Group Inc. grew its holdings in shares of Whirlpool by 700.0% during the 3rd quarter. Ameriflex Group Inc. now owns 744 shares of the company’s stock valued at $58,000 after purchasing an additional 651 shares during the last quarter. 90.78% of the stock is owned by institutional investors.

Whirlpool Stock Down 2.3%

Whirlpool stock opened at $55.59 on Thursday. The company has a quick ratio of 0.40, a current ratio of 0.76 and a debt-to-equity ratio of 2.06. Whirlpool Corporation has a 12-month low of $50.41 and a 12-month high of $111.96. The firm’s fifty day moving average is $62.23 and its 200 day moving average is $71.73. The company has a market capitalization of $3.14 billion, a PE ratio of 9.84, a PEG ratio of 10.99 and a beta of 1.30.

Whirlpool (NYSE:WHR) last released its earnings results on Wednesday, January 28th. The company reported $1.10 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.54 by ($0.44). Whirlpool had a net margin of 2.04% and a return on equity of 12.98%. The company had revenue of $4.10 billion for the quarter, compared to analyst estimates of $4.27 billion. During the same quarter in the previous year, the firm earned $4.57 EPS. The firm’s revenue was down 1.0% on a year-over-year basis. Whirlpool has set its FY 2026 guidance at 7.000-7.000 EPS. As a group, sell-side analysts predict that Whirlpool Corporation will post 5.18 EPS for the current fiscal year.

Whirlpool Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, March 26th. Stockholders of record on Friday, February 27th were paid a $0.90 dividend. The ex-dividend date was Friday, February 27th. This represents a $3.60 annualized dividend and a dividend yield of 6.5%. Whirlpool’s dividend payout ratio is presently 63.72%.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on the stock. JPMorgan Chase & Co. decreased their price target on shares of Whirlpool from $76.00 to $59.00 and set a “neutral” rating on the stock in a report on Friday, March 13th. BNP Paribas Exane raised shares of Whirlpool to a “neutral” rating in a report on Monday, March 16th. Mizuho assumed coverage on shares of Whirlpool in a research report on Monday. They issued a “neutral” rating and a $55.00 price target on the stock. Stifel Nicolaus dropped their price target on shares of Whirlpool from $75.00 to $68.00 and set a “hold” rating on the stock in a research report on Monday, March 2nd. Finally, Weiss Ratings upgraded shares of Whirlpool from a “sell (d)” rating to a “hold (c-)” rating in a research report on Thursday, February 12th. Two investment analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Reduce” and an average target price of $74.33.

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.