Radnor Capital Management LLC bought a new position in shares of Whirlpool Co. (NYSE:WHR – Free Report) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 2,925 shares of the company’s stock, valued at approximately $313,000.
A number of other institutional investors and hedge funds have also recently bought and sold shares of WHR. Private Advisor Group LLC grew its position in Whirlpool by 2.6% in the first quarter. Private Advisor Group LLC now owns 5,006 shares of the company’s stock valued at $599,000 after acquiring an additional 125 shares in the last quarter. Dakota Wealth Management boosted its stake in shares of Whirlpool by 2.0% during the 3rd quarter. Dakota Wealth Management now owns 7,395 shares of the company’s stock valued at $791,000 after buying an additional 145 shares during the last quarter. Arizona State Retirement System boosted its stake in shares of Whirlpool by 1.1% during the 2nd quarter. Arizona State Retirement System now owns 15,247 shares of the company’s stock valued at $1,558,000 after buying an additional 172 shares during the last quarter. UMB Bank n.a. boosted its stake in shares of Whirlpool by 80.6% during the 2nd quarter. UMB Bank n.a. now owns 428 shares of the company’s stock valued at $44,000 after buying an additional 191 shares during the last quarter. Finally, Blue Trust Inc. boosted its stake in shares of Whirlpool by 69.1% during the 3rd quarter. Blue Trust Inc. now owns 492 shares of the company’s stock valued at $50,000 after buying an additional 201 shares during the last quarter. Institutional investors and hedge funds own 90.78% of the company’s stock.
Whirlpool Stock Performance
WHR stock opened at $108.78 on Friday. The company has a debt-to-equity ratio of 1.94, a quick ratio of 0.55 and a current ratio of 0.94. The stock has a market capitalization of $6.00 billion, a price-to-earnings ratio of 10.73 and a beta of 1.44. Whirlpool Co. has a 1 year low of $84.18 and a 1 year high of $125.68. The stock’s fifty day moving average is $102.85 and its two-hundred day moving average is $98.70.
Whirlpool Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Sunday, December 15th. Stockholders of record on Friday, November 15th will be issued a dividend of $1.75 per share. This represents a $7.00 dividend on an annualized basis and a dividend yield of 6.44%. The ex-dividend date is Friday, November 15th. Whirlpool’s dividend payout ratio (DPR) is 69.03%.
Insider Activity
In other news, EVP Juan Carlos Puente sold 3,266 shares of the firm’s stock in a transaction on Tuesday, September 3rd. The stock was sold at an average price of $100.00, for a total transaction of $326,600.00. Following the transaction, the executive vice president now directly owns 19,070 shares of the company’s stock, valued at approximately $1,907,000. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. In related news, CFO James W. Peters sold 6,000 shares of Whirlpool stock in a transaction dated Monday, October 28th. The stock was sold at an average price of $104.48, for a total transaction of $626,880.00. Following the transaction, the chief financial officer now directly owns 41,570 shares of the company’s stock, valued at $4,343,233.60. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Juan Carlos Puente sold 3,266 shares of Whirlpool stock in a transaction dated Tuesday, September 3rd. The stock was sold at an average price of $100.00, for a total value of $326,600.00. Following the transaction, the executive vice president now directly owns 19,070 shares in the company, valued at approximately $1,907,000. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 2.05% of the company’s stock.
Wall Street Analyst Weigh In
WHR has been the topic of several research analyst reports. Bank of America raised their price objective on Whirlpool from $101.00 to $103.00 and gave the stock an “underperform” rating in a research note on Friday, October 25th. Royal Bank of Canada reduced their price objective on Whirlpool from $76.00 to $74.00 and set an “underperform” rating on the stock in a research note on Friday, October 25th. Finally, JPMorgan Chase & Co. raised their price objective on Whirlpool from $103.00 to $109.00 and gave the stock a “neutral” rating in a research note on Tuesday, October 29th. Two equities research analysts have rated the stock with a sell rating, two have assigned a hold rating and one has assigned a buy rating to the stock. According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $106.50.
View Our Latest Stock Analysis on Whirlpool
Whirlpool Company Profile
Whirlpool Corporation manufactures and markets home appliances and related products and services in the North America, Europe, the Middle East, Africa, Latin America, and Asia. The company's principal products include refrigerators, freezers, ice makers, and refrigerator water filters; laundry appliances, and commercial laundry products and related laundry accessories; cooking and other small domestic appliances; and dishwasher appliances and related accessories, as well as mixers.
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