HighTower Advisors LLC Sells 31,116 Shares of Whirlpool Corporation $WHR

HighTower Advisors LLC lowered its stake in shares of Whirlpool Corporation (NYSE:WHR) by 2.5% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,198,422 shares of the company’s stock after selling 31,116 shares during the period. HighTower Advisors LLC owned approximately 2.13% of Whirlpool worth $94,196,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. SG Americas Securities LLC raised its holdings in Whirlpool by 2,119.5% in the 3rd quarter. SG Americas Securities LLC now owns 52,004 shares of the company’s stock valued at $4,088,000 after acquiring an additional 49,661 shares in the last quarter. Quinn Opportunity Partners LLC increased its position in shares of 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 during the period. Newport Trust Company LLC lifted its position in 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 period. Geode Capital Management LLC grew its stake in Whirlpool by 4.7% during the second quarter. Geode Capital Management LLC now owns 1,221,838 shares of the company’s stock worth $124,189,000 after buying an additional 54,584 shares in the last quarter. Finally, Curi Capital LLC bought a new position in Whirlpool in the second quarter valued at about $57,699,000. 90.78% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several brokerages recently issued reports on WHR. JPMorgan Chase & Co. decreased their price target on shares of Whirlpool from $78.00 to $76.00 and set a “neutral” rating on the stock in a report on Monday, February 2nd. Wall Street Zen upgraded Whirlpool from a “sell” rating to a “hold” rating in a research report on Saturday, November 1st. Royal Bank Of Canada reiterated an “underperform” rating on shares of Whirlpool in a research report on Wednesday, October 29th. Weiss Ratings upgraded shares of Whirlpool from a “sell (d)” rating to a “hold (c-)” rating in a research report on Thursday. Finally, Stifel Nicolaus decreased their price target on shares of Whirlpool from $82.00 to $75.00 and set a “hold” rating for the company in a research report on Friday, January 30th. Two equities research analysts have rated the stock with a Buy rating, five have issued a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $85.43.

Whirlpool Price Performance

WHR stock opened at $88.55 on Monday. The company’s fifty day simple moving average is $80.56 and its 200 day simple moving average is $80.41. Whirlpool Corporation has a 12-month low of $65.35 and a 12-month high of $111.96. The company has a quick ratio of 0.40, a current ratio of 0.76 and a debt-to-equity ratio of 2.06. The firm has a market cap of $5.00 billion, a price-to-earnings ratio of 15.67, a PEG ratio of 1.46 and a beta of 1.25.

Whirlpool (NYSE:WHR) last released its earnings results on Wednesday, January 28th. The company reported $1.10 EPS for the quarter, missing the consensus estimate of $1.54 by ($0.44). Whirlpool had a return on equity of 12.98% and a net margin of 2.04%.The business had revenue of $4.10 billion for the quarter, compared to analyst estimates of $4.27 billion. During the same period in the prior year, the business earned $4.57 EPS. The company’s revenue for the quarter was down 1.0% on a year-over-year basis. Whirlpool has set its FY 2026 guidance at 7.000-7.000 EPS. On average, analysts expect that Whirlpool Corporation will post 9.52 earnings per share for the current year.

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.