23,000 Shares in Whirlpool Corporation $WHR Acquired by Highbridge Capital Management LLC

Highbridge Capital Management LLC purchased a new position in shares of Whirlpool Corporation (NYSE:WHRFree Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 23,000 shares of the company’s stock, valued at approximately $1,659,000.

A number of other institutional investors also recently made changes to their positions in WHR. SG Americas Securities LLC increased its holdings in Whirlpool by 96.0% during the fourth quarter. SG Americas Securities LLC now owns 101,907 shares of the company’s stock worth $7,352,000 after buying an additional 49,903 shares during the last quarter. Causeway Capital Management LLC increased its holdings in Whirlpool by 42.3% during the third quarter. Causeway Capital Management LLC now owns 617,039 shares of the company’s stock worth $48,499,000 after buying an additional 183,496 shares during the last quarter. M&T Bank Corp increased its holdings in Whirlpool by 973.9% during the fourth quarter. M&T Bank Corp now owns 29,962 shares of the company’s stock worth $2,161,000 after buying an additional 27,172 shares during the last quarter. Russell Investments Group Ltd. increased its holdings in Whirlpool by 34.0% during the third quarter. Russell Investments Group Ltd. now owns 401,640 shares of the company’s stock worth $31,569,000 after buying an additional 101,962 shares during the last quarter. Finally, Versor Investments LP acquired a new position in Whirlpool during the third quarter worth $894,000. 90.78% of the stock is owned by institutional investors and hedge funds.

Whirlpool Trading Down 1.1%

Shares of Whirlpool stock opened at $39.57 on Friday. The firm has a 50-day moving average of $49.45 and a 200-day moving average of $66.17. The stock has a market cap of $2.56 billion, a PE ratio of 13.46, a PEG ratio of 15.79 and a beta of 1.15. Whirlpool Corporation has a 52-week low of $38.38 and a 52-week high of $111.96. 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:WHRGet Free Report) last announced its earnings results on Wednesday, May 6th. The company reported ($0.56) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.43 by ($0.99). Whirlpool had a net margin of 1.08% and a return on equity of 7.68%. The business had revenue of $3.27 billion during the quarter, compared to the consensus estimate of $3.44 billion. During the same period in the previous year, the firm posted $1.70 EPS. The company’s revenue was down 9.6% compared to the same quarter last year. Whirlpool has set its FY 2026 guidance at 3.000-3.500 EPS. As a group, sell-side analysts forecast that Whirlpool Corporation will post 2.53 EPS for the current year.

Analyst Ratings Changes

WHR has been the topic of a number of recent analyst reports. Raymond James Financial restated a “market perform” rating on shares of Whirlpool in a report on Monday, March 16th. JPMorgan Chase & Co. decreased their price objective on shares of Whirlpool from $59.00 to $52.00 and set a “neutral” rating on the stock in a report on Monday, May 11th. Wall Street Zen downgraded shares of Whirlpool from a “hold” rating to a “strong sell” rating in a report on Saturday, May 9th. Citigroup decreased their price objective on shares of Whirlpool from $60.00 to $50.00 and set a “neutral” rating on the stock in a report on Monday, May 11th. Finally, Weiss Ratings downgraded shares of Whirlpool from a “hold (c-)” rating to a “sell (d)” rating in a report on Friday, May 8th. Two investment analysts have rated the stock with a Buy rating, seven have given a Hold rating and four have issued a Sell rating to the company. According to MarketBeat.com, Whirlpool currently has a consensus rating of “Reduce” and an average price target of $68.89.

View Our Latest Stock Report on WHR

About Whirlpool

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for Whirlpool (NYSE:WHR)

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