Shares of Whirlpool Corporation (NYSE:WHR – Get Free Report) hit a new 52-week low on Monday . The stock traded as low as $65.32 and last traded at $65.7420, with a volume of 1820193 shares. The stock had previously closed at $68.43.
Wall Street Analysts Forecast Growth
Several equities analysts have recently commented on WHR shares. Weiss Ratings raised shares of Whirlpool from a “sell (d)” rating to a “hold (c-)” rating in a research report on Thursday, February 12th. Stifel Nicolaus reduced their target price on Whirlpool from $75.00 to $68.00 and set a “hold” rating on the stock in a report on Monday. JPMorgan Chase & Co. lowered their price target on Whirlpool from $78.00 to $76.00 and set a “neutral” rating for the company in a report on Monday, February 2nd. Finally, Zacks Research cut Whirlpool from a “strong-buy” rating to a “hold” rating in a research note on Monday, February 9th. 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 stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $84.43.
Whirlpool Price Performance
Whirlpool (NYSE:WHR – Get Free Report) last issued its quarterly earnings data on Wednesday, January 28th. The company reported $1.10 EPS for the quarter, missing analysts’ consensus estimates of $1.54 by ($0.44). Whirlpool had a return on equity of 12.98% 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 quarter in the previous year, the company earned $4.57 earnings per share. Whirlpool’s quarterly 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. As a group, research analysts forecast that Whirlpool Corporation will post 9.52 EPS for the current year.
Whirlpool Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Thursday, March 26th. Shareholders of record on Friday, February 27th will be paid a dividend of $0.90 per share. This represents a $3.60 dividend on an annualized basis and a yield of 6.0%. The ex-dividend date of this dividend is Friday, February 27th. Whirlpool’s payout ratio is presently 63.72%.
Institutional Investors Weigh In On Whirlpool
A number of hedge funds have recently made changes to their positions in the business. Virtu Financial LLC grew its holdings in Whirlpool by 10.7% in the 4th quarter. Virtu Financial LLC now owns 21,512 shares of the company’s stock worth $1,552,000 after buying an additional 2,084 shares in the last quarter. Invesco Ltd. boosted its position in Whirlpool by 19.2% during the 4th quarter. Invesco Ltd. now owns 301,181 shares of the company’s stock worth $21,727,000 after acquiring an additional 48,539 shares during the period. Corient Private Wealth LLC grew its stake in shares of Whirlpool by 36.0% in the fourth quarter. Corient Private Wealth LLC now owns 5,777 shares of the company’s stock worth $417,000 after purchasing an additional 1,530 shares in the last quarter. NewEdge Advisors LLC increased its holdings in shares of Whirlpool by 471.1% during the fourth quarter. NewEdge Advisors LLC now owns 3,535 shares of the company’s stock valued at $255,000 after purchasing an additional 2,916 shares during the period. Finally, Garton & Associates Financial Advisors LLC bought a new stake in shares of Whirlpool during the fourth quarter valued at about $35,000. Institutional investors own 90.78% of the company’s stock.
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.
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