Nemes Rush Group LLC grew its position in Whirlpool Co. (NYSE:WHR – Free Report) by 79.1% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 274 shares of the company’s stock after buying an additional 121 shares during the period. Nemes Rush Group LLC’s holdings in Whirlpool were worth $31,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds also recently made changes to their positions in the company. Vanguard Group Inc. raised its holdings in Whirlpool by 0.6% during the 4th quarter. Vanguard Group Inc. now owns 5,536,118 shares of the company’s stock worth $633,775,000 after purchasing an additional 33,326 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its holdings in Whirlpool by 4.9% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 2,118,013 shares of the company’s stock valued at $242,470,000 after buying an additional 98,444 shares during the period. State Street Corp boosted its stake in Whirlpool by 1.0% in the third quarter. State Street Corp now owns 1,650,386 shares of the company’s stock valued at $176,591,000 after acquiring an additional 15,752 shares during the last quarter. HighTower Advisors LLC grew its holdings in Whirlpool by 1.9% during the 3rd quarter. HighTower Advisors LLC now owns 1,033,263 shares of the company’s stock worth $110,567,000 after acquiring an additional 18,936 shares during the period. Finally, Geode Capital Management LLC raised its position in shares of Whirlpool by 1.3% during the 3rd quarter. Geode Capital Management LLC now owns 903,166 shares of the company’s stock valued at $96,664,000 after acquiring an additional 11,766 shares during the last quarter. Institutional investors own 90.78% of the company’s stock.
Wall Street Analysts Forecast Growth
Several research analysts have recently issued reports on the company. StockNews.com upgraded Whirlpool from a “sell” rating to a “hold” rating in a research report on Tuesday, January 21st. The Goldman Sachs Group boosted their target price on Whirlpool from $125.00 to $138.00 and gave the stock a “buy” rating in a research report on Tuesday, January 14th. Two analysts have rated the stock with a sell rating, two have assigned a hold rating and one has issued a buy rating to the company’s stock. Based on data from MarketBeat.com, Whirlpool has an average rating of “Hold” and an average price target of $106.00.
Whirlpool Stock Down 0.5 %
NYSE:WHR opened at $90.66 on Thursday. Whirlpool Co. has a 1 year low of $84.18 and a 1 year high of $135.49. The stock has a 50-day moving average price of $101.21 and a two-hundred day moving average price of $107.95. The stock has a market cap of $5.02 billion, a price-to-earnings ratio of -15.47 and a beta of 1.44. The company has a current ratio of 0.72, a quick ratio of 0.44 and a debt-to-equity ratio of 1.62.
Whirlpool (NYSE:WHR – Get Free Report) last posted its earnings results on Wednesday, January 29th. The company reported $4.57 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.26 by $0.31. Whirlpool had a positive return on equity of 21.89% and a negative net margin of 1.95%. During the same quarter in the previous year, the business posted $3.85 earnings per share. As a group, equities analysts expect that Whirlpool Co. will post 9.52 earnings per share for the current year.
Whirlpool Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Saturday, March 15th. Investors of record on Friday, February 28th were paid a $1.75 dividend. This represents a $7.00 dividend on an annualized basis and a yield of 7.72%. The ex-dividend date of this dividend was Friday, February 28th. Whirlpool’s payout ratio is presently -119.45%.
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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