Readystate Asset Management LP Purchases 59,128 Shares of Whirlpool Corporation $WHR

Readystate Asset Management LP raised its position in Whirlpool Corporation (NYSE:WHR) by 1,632.5% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 62,750 shares of the company’s stock after buying an additional 59,128 shares during the quarter. Readystate Asset Management LP owned about 0.11% of Whirlpool worth $4,932,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Thrivent Financial for Lutherans raised its position in Whirlpool by 0.8% during the second quarter. Thrivent Financial for Lutherans now owns 13,194 shares of the company’s stock valued at $1,338,000 after purchasing an additional 109 shares in the last quarter. Gamco Investors INC. ET AL increased its stake in shares of Whirlpool by 3.0% in the 2nd quarter. Gamco Investors INC. ET AL now owns 5,150 shares of the company’s stock valued at $522,000 after purchasing an additional 150 shares during the last quarter. Creative Planning raised its holdings in shares of Whirlpool by 1.6% during the 2nd quarter. Creative Planning now owns 9,776 shares of the company’s stock worth $992,000 after buying an additional 157 shares in the last quarter. GAMMA Investing LLC lifted its position in shares of Whirlpool by 20.2% during the 3rd quarter. GAMMA Investing LLC now owns 942 shares of the company’s stock worth $74,000 after buying an additional 158 shares during the last quarter. Finally, PNC Financial Services Group Inc. boosted its stake in Whirlpool by 0.4% in the third quarter. PNC Financial Services Group Inc. now owns 41,572 shares of the company’s stock valued at $3,268,000 after buying an additional 158 shares in the last quarter. Institutional investors own 90.78% of the company’s stock.

Whirlpool Price Performance

WHR stock opened at $87.20 on Wednesday. The company has a market capitalization of $4.93 billion, a P/E ratio of 15.43, a PEG ratio of 1.46 and a beta of 1.25. The company has a fifty day moving average price of $81.08 and a 200-day moving average price of $80.48. The company has a debt-to-equity ratio of 2.06, a quick ratio of 0.40 and a current ratio of 0.76. Whirlpool Corporation has a 52-week low of $65.35 and a 52-week high of $111.96.

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

Whirlpool Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 26th. Stockholders of record on Friday, February 27th will be given a dividend of $0.90 per share. This represents a $3.60 dividend on an annualized basis and a dividend yield of 4.1%. The ex-dividend date is Friday, February 27th. Whirlpool’s dividend payout ratio (DPR) is 63.72%.

Analyst Upgrades and Downgrades

Several research analysts have commented on the company. Stifel Nicolaus lowered their target price on Whirlpool from $82.00 to $75.00 and set a “hold” rating for the company in a research note on Friday, January 30th. Royal Bank Of Canada reissued an “underperform” rating on shares of Whirlpool in a research note on Wednesday, October 29th. JPMorgan Chase & Co. decreased their target price on shares of Whirlpool from $78.00 to $76.00 and set a “neutral” rating on the stock in a research note on Monday, February 2nd. Weiss Ratings upgraded Whirlpool from a “sell (d)” rating to a “hold (c-)” rating in a research note on Thursday, February 12th. Finally, Wall Street Zen upgraded Whirlpool from a “sell” rating to a “hold” rating in a research report on Saturday, November 1st. Two investment 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’s stock. According to MarketBeat.com, Whirlpool has a consensus rating of “Hold” and an average target price of $85.43.

About Whirlpool

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.