Whirlpool Corporation $WHR Shares Purchased by Easterly Investment Partners LLC

Easterly Investment Partners LLC boosted its position in Whirlpool Corporation (NYSE:WHR) by 13.8% in the fourth quarter, HoldingsChannel.com reports. The firm owned 210,118 shares of the company’s stock after purchasing an additional 25,496 shares during the quarter. Whirlpool comprises approximately 0.9% of Easterly Investment Partners LLC’s investment portfolio, making the stock its 21st biggest holding. Easterly Investment Partners LLC’s holdings in Whirlpool were worth $15,158,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in the company. Newport Trust Company LLC lifted its position in Whirlpool by 10.2% in the fourth quarter. Newport Trust Company LLC now owns 2,391,252 shares of the company’s stock worth $172,505,000 after purchasing an additional 221,564 shares during the period. Geode Capital Management LLC lifted its position in Whirlpool by 2.3% in the fourth quarter. Geode Capital Management LLC now owns 1,279,044 shares of the company’s stock worth $92,472,000 after purchasing an additional 29,162 shares during the period. Causeway Capital Management LLC lifted its position in Whirlpool by 42.3% in the third quarter. Causeway Capital Management LLC now owns 617,039 shares of the company’s stock worth $48,499,000 after purchasing an additional 183,496 shares during the period. UBS Group AG lifted its position in Whirlpool by 5.9% in the third quarter. UBS Group AG now owns 453,944 shares of the company’s stock worth $35,680,000 after purchasing an additional 25,458 shares during the period. Finally, Norges Bank acquired a new stake in Whirlpool in the fourth quarter worth approximately $31,959,000. 90.78% of the stock is currently owned by institutional investors and hedge funds.

Whirlpool Price Performance

NYSE WHR opened at $43.38 on Monday. The stock has a market capitalization of $2.81 billion, a P/E ratio of 14.75, a P/E/G ratio of 17.14 and a beta of 1.15. Whirlpool Corporation has a 1 year low of $38.38 and a 1 year high of $111.96. The business’s fifty day moving average is $50.78 and its two-hundred day moving average is $67.09. The company has a debt-to-equity ratio of 1.48, a quick ratio of 0.48 and a current ratio of 0.88.

Whirlpool (NYSE:WHR) last posted its quarterly earnings results on Wednesday, May 6th. The company reported ($0.56) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.43 by ($0.99). The company had revenue of $3.27 billion during the quarter, compared to the consensus estimate of $3.44 billion. Whirlpool had a net margin of 1.08% and a return on equity of 7.68%. Whirlpool’s quarterly revenue was down 9.6% on a year-over-year basis. During the same period in the prior year, the company posted $1.70 EPS. Whirlpool has set its FY 2026 guidance at 3.000-3.500 EPS. On average, research analysts forecast that Whirlpool Corporation will post 2.53 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on WHR. Wall Street Zen downgraded Whirlpool from a “hold” rating to a “strong sell” rating in a research report on Saturday, May 9th. Weiss Ratings cut Whirlpool from a “hold (c-)” rating to a “sell (d)” rating in a report on Friday, May 8th. Citigroup dropped their price target on Whirlpool from $60.00 to $50.00 and set a “neutral” rating on the stock in a report on Monday, May 11th. Bank of America dropped their price target on Whirlpool from $60.00 to $50.00 and set an “underperform” rating on the stock in a report on Monday, April 20th. Finally, Zacks Research cut Whirlpool from a “hold” rating to a “strong sell” rating in a report on Tuesday, March 10th. Two investment analysts have rated the stock with a Buy rating, seven have issued a Hold rating and four have assigned a Sell rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Reduce” and an average price target of $68.89.

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.