Legal & General Group Plc Sells 17,500 Shares of Whirlpool Corporation $WHR

Legal & General Group Plc decreased its holdings in shares of Whirlpool Corporation (NYSE:WHR) by 14.3% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 105,138 shares of the company’s stock after selling 17,500 shares during the quarter. Legal & General Group Plc owned 0.19% of Whirlpool worth $7,585,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. Flagship Harbor Advisors LLC bought a new position in shares of Whirlpool during the fourth quarter valued at approximately $25,000. EverSource Wealth Advisors LLC grew its stake in Whirlpool by 129.2% in the second quarter. EverSource Wealth Advisors LLC now owns 369 shares of the company’s stock worth $37,000 after purchasing an additional 208 shares in the last quarter. SBI Securities Co. Ltd. grew its stake in Whirlpool by 113.4% in the fourth quarter. SBI Securities Co. Ltd. now owns 527 shares of the company’s stock worth $38,000 after purchasing an additional 280 shares in the last quarter. Hara Capital LLC bought a new position in Whirlpool in the fourth quarter worth approximately $40,000. Finally, Caitong International Asset Management Co. Ltd grew its stake in Whirlpool by 1,444.4% in the third quarter. Caitong International Asset Management Co. Ltd now owns 556 shares of the company’s stock worth $44,000 after purchasing an additional 520 shares in the last quarter. Institutional investors own 90.78% of the company’s stock.

Whirlpool Stock Down 1.1%

Shares of NYSE WHR opened at $39.57 on Friday. The company has a current ratio of 0.88, a quick ratio of 0.48 and a debt-to-equity ratio of 1.48. The stock has a market capitalization of $2.56 billion, a PE ratio of 13.46, a price-to-earnings-growth ratio of 15.79 and a beta of 1.15. The stock’s fifty day simple moving average is $49.45 and its two-hundred day simple moving average is $66.17. Whirlpool Corporation has a 12-month low of $38.38 and a 12-month high of $111.96.

Whirlpool (NYSE:WHR) last announced its 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 for 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%. The firm’s revenue was down 9.6% compared to the same quarter last year. During the same period last year, the business posted $1.70 EPS. Whirlpool has set its FY 2026 guidance at 3.000-3.500 EPS. As a group, analysts expect that Whirlpool Corporation will post 2.53 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on the company. Citigroup dropped their price objective on Whirlpool from $60.00 to $50.00 and set a “neutral” rating on the stock in a research note on Monday, May 11th. Weiss Ratings cut Whirlpool from a “hold (c-)” rating to a “sell (d)” rating in a research note on Friday, May 8th. Zacks Research cut Whirlpool from a “hold” rating to a “strong sell” rating in a research note on Tuesday, March 10th. Raymond James Financial reissued a “market perform” rating on shares of Whirlpool in a research note on Monday, March 16th. Finally, Wall Street Zen cut Whirlpool from a “hold” rating to a “strong sell” rating in a research note on Saturday, May 9th. Two research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and four have issued a Sell rating to the stock. According to MarketBeat.com, Whirlpool presently has a consensus rating of “Reduce” and a consensus 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.