Longbow Research reiterated their neutral rating on shares of Whirlpool (NYSE:WHR – Free Report) in a research report report published on Monday, Marketbeat Ratings reports.
Several other research analysts also recently weighed in on the stock. Zacks Research downgraded shares of Whirlpool from a “hold” rating to a “strong sell” rating in a research report on Monday, October 5th. BNP Paribas Exane began coverage on shares of Whirlpool in a research report on Monday, July 13th. They issued a “neutral” rating and a $43.00 price target for the company. Raymond James Financial reaffirmed a “market perform” rating on shares of Whirlpool in a research note on Wednesday, August 19th. Royal Bank Of Canada decreased their price objective on shares of Whirlpool from $32.00 to $22.00 and set an “underperform” rating for the company in a research note on Wednesday, October 7th. Finally, Weiss Ratings reiterated a “sell (d)” rating on shares of Whirlpool in a research report on Wednesday, August 5th. Nine equities research analysts have rated the stock with a Hold rating and four have issued a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Reduce” and an average price target of $36.44.
Get Our Latest Analysis on Whirlpool
Whirlpool Trading Down 5.4%
NYSE:WHR opened at $26.52 on Monday. The stock has a fifty day simple moving average of $34.38 and a 200 day simple moving average of $40.56. The firm has a market capitalization of $1.73 billion, a price-to-earnings ratio of 11.59, a price-to-earnings-growth ratio of 24.92 and a beta of 1.21. Whirlpool has a 1-year low of $26.08 and a 1-year high of $94.82. The company has a quick ratio of 0.71, a current ratio of 1.15 and a debt-to-equity ratio of 1.74.
Whirlpool (NYSE:WHR – Get Free Report) last posted its quarterly earnings data on Monday, August 3rd. The company reported ($0.21) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.06) by ($0.15). Whirlpool had a return on equity of 4.18% and a net margin of 1.17%. The company had revenue of $3.52 billion for the quarter, compared to analyst estimates of $3.55 billion. During the same quarter in the previous year, the firm posted $1.34 EPS. Whirlpool’s quarterly revenue was down 6.8% on a year-over-year basis. Whirlpool has set its FY 2026 guidance at 2.500-3.000 EPS. Sell-side analysts forecast that Whirlpool will post 1.13 earnings per share for the current year.
Institutional Investors Weigh In On Whirlpool
Several hedge funds have recently bought and sold shares of WHR. Primecap Management Co. CA purchased a new position in Whirlpool during the 2nd quarter valued at about $141,801,000. RWWM Inc. increased its holdings in shares of Whirlpool by 191.6% in the 1st quarter. RWWM Inc. now owns 2,422,618 shares of the company’s stock valued at $130,628,000 after purchasing an additional 1,591,849 shares during the period. Canada Pension Plan Investment Board purchased a new stake in shares of Whirlpool in the second quarter worth approximately $61,003,000. Nykredit A S purchased a new stake in shares of Whirlpool in the second quarter worth approximately $51,953,000. Finally, Connor Clark & Lunn Investment Management Ltd. acquired a new stake in shares of Whirlpool during the second quarter worth approximately $24,601,000. 90.78% of the stock is owned by hedge funds and other institutional investors.
About Whirlpool
Whirlpool Corporation (NYSE: WHR) is a global manufacturer and marketer of home appliances. The company develops products designed for kitchens and laundry rooms, including refrigerators and freezers, cooking appliances, dishwashers, washing machines and dryers, and related household appliances.
Whirlpool sells products under a portfolio of well-known brands, including Whirlpool, Maytag, KitchenAid, JennAir and Amana. Its products are distributed through retailers, builders, distributors and other sales channels to residential customers in North America and international markets.
The company traces its history to 1911, when it was founded as the Upton Machine Company in Benton Harbor, Michigan.
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