Whirlpool (NYSE:WHR) Given New $75.00 Price Target at Stifel Nicolaus

Whirlpool (NYSE:WHR) had its target price cut by stock analysts at Stifel Nicolaus from $82.00 to $75.00 in a report released on Friday,Benzinga reports. The brokerage presently has a “hold” rating on the stock. Stifel Nicolaus’ target price indicates a potential downside of 1.53% from the company’s previous close.

Several other brokerages also recently commented on WHR. Wall Street Zen upgraded shares of Whirlpool from a “sell” rating to a “hold” rating in a research report on Saturday, November 1st. Weiss Ratings reiterated a “sell (d)” rating on shares of Whirlpool in a report on Wednesday, January 21st. The Goldman Sachs Group lowered their price target on shares of Whirlpool from $107.00 to $93.00 and set a “buy” rating on the stock in a report on Monday, October 13th. Royal Bank Of Canada reaffirmed an “underperform” rating on shares of Whirlpool in a research note on Wednesday, October 29th. Finally, Zacks Research raised Whirlpool from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, January 13th. One analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, three have issued a Hold rating and three have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $87.29.

Whirlpool Price Performance

NYSE:WHR traded down $0.80 during trading hours on Friday, reaching $76.17. 270,896 shares of the company’s stock were exchanged, compared to its average volume of 1,513,918. The company has a quick ratio of 0.47, a current ratio of 0.86 and a debt-to-equity ratio of 2.33. The company has a market capitalization of $4.28 billion, a P/E ratio of 13.44 and a beta of 1.24. Whirlpool has a 12 month low of $65.35 and a 12 month high of $111.96. The business’s 50-day simple moving average is $78.60 and its two-hundred day simple moving average is $81.32.

Whirlpool (NYSE:WHR) last released its quarterly earnings data on Wednesday, January 28th. The company reported $1.10 earnings per share for the quarter, missing the consensus estimate of $1.54 by ($0.44). Whirlpool had a return on equity of 13.02% and a net margin of 2.04%.The company had revenue of $4.10 billion for the quarter, compared to the consensus estimate of $4.27 billion. During the same period in the prior year, the business earned $4.57 earnings per share. The business’s revenue was down 1.0% compared to the same quarter last year. Whirlpool has set its FY 2026 guidance at 7.000-7.000 EPS. Sell-side analysts expect that Whirlpool will post 9.52 EPS for the current fiscal year.

Institutional Investors Weigh In On Whirlpool

Hedge funds and other institutional investors have recently made changes to their positions in the business. Abel Hall LLC acquired a new stake in shares of Whirlpool in the 2nd quarter valued at $1,205,000. SG Americas Securities LLC increased its holdings in Whirlpool by 2,119.5% during the 3rd quarter. SG Americas Securities LLC now owns 52,004 shares of the company’s stock valued at $4,088,000 after purchasing an additional 49,661 shares in the last quarter. Quinn Opportunity Partners LLC boosted its stake in Whirlpool by 30.4% in the second quarter. Quinn Opportunity Partners LLC now owns 77,273 shares of the company’s stock worth $7,837,000 after purchasing an additional 18,000 shares in the last quarter. Newport Trust Company LLC grew its holdings in shares of Whirlpool by 5.5% during the third quarter. Newport Trust Company LLC now owns 2,169,688 shares of the company’s stock worth $170,537,000 after purchasing an additional 112,579 shares during the last quarter. Finally, Griffin Asset Management Inc. bought a new position in shares of Whirlpool in the second quarter valued at about $372,000. 90.78% of the stock is owned by institutional investors and hedge funds.

Whirlpool Company Profile

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.