Causeway Capital Management LLC Buys 183,496 Shares of Whirlpool Corporation $WHR

Causeway Capital Management LLC boosted its position in Whirlpool Corporation (NYSE:WHR) by 42.3% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 617,039 shares of the company’s stock after purchasing an additional 183,496 shares during the period. Causeway Capital Management LLC’s holdings in Whirlpool were worth $48,499,000 as of its most recent SEC filing.

Several other hedge funds have also recently made changes to their positions in WHR. EverSource Wealth Advisors LLC grew its stake in shares of Whirlpool by 129.2% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 369 shares of the company’s stock worth $37,000 after acquiring an additional 208 shares during the period. Ameriflex Group Inc. raised its stake in Whirlpool by 700.0% in the 3rd quarter. Ameriflex Group Inc. now owns 744 shares of the company’s stock valued at $58,000 after acquiring an additional 651 shares during the period. Cheviot Value Management LLC lifted its holdings in Whirlpool by 50.0% during the second quarter. Cheviot Value Management LLC now owns 600 shares of the company’s stock valued at $61,000 after purchasing an additional 200 shares during the last quarter. Versant Capital Management Inc bought a new position in Whirlpool during the third quarter worth about $69,000. Finally, GAMMA Investing LLC increased its stake in shares of Whirlpool by 20.2% in the third quarter. GAMMA Investing LLC now owns 942 shares of the company’s stock worth $74,000 after purchasing an additional 158 shares in the last quarter. 90.78% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several research firms have recently issued reports on WHR. Weiss Ratings raised shares of Whirlpool from a “sell (d)” rating to a “hold (c-)” rating in a research report on Thursday, February 12th. Zacks Research downgraded Whirlpool from a “strong-buy” rating to a “hold” rating in a research report on Monday, February 9th. Stifel Nicolaus cut their price target on Whirlpool from $75.00 to $68.00 and set a “hold” rating for the company in a report on Monday, March 2nd. Finally, JPMorgan Chase & Co. decreased their price objective on Whirlpool from $78.00 to $76.00 and set a “neutral” rating on the stock in a research note on Monday, February 2nd. Two equities research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, Whirlpool currently has an average rating of “Hold” and a consensus price target of $84.43.

Whirlpool Stock Performance

Shares of WHR opened at $58.88 on Tuesday. Whirlpool Corporation has a 12-month low of $56.33 and a 12-month high of $111.96. The company has a current ratio of 0.76, a quick ratio of 0.40 and a debt-to-equity ratio of 2.06. The company has a market cap of $3.33 billion, a PE ratio of 10.42, a price-to-earnings-growth ratio of 2.78 and a beta of 1.27. The stock has a 50-day moving average price of $79.82 and a 200-day moving average price of $78.91.

Whirlpool (NYSE:WHR) last announced its earnings results 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). Whirlpool had a net margin of 2.04% and a return on equity of 12.98%. The company had revenue of $4.10 billion during the quarter, compared to analysts’ expectations of $4.27 billion. During the same period in the prior year, the business earned $4.57 earnings per share. The company’s revenue for the quarter 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, equities analysts forecast that Whirlpool Corporation will post 9.52 earnings per share for the current fiscal 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. The ex-dividend date is Friday, February 27th. This represents a $3.60 annualized dividend and a dividend yield of 6.1%. Whirlpool’s dividend payout ratio (DPR) is 63.72%.

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.