Whirlpool (NYSE:WHR) Stock Price Down 5.5% – Here’s What Happened

Shares of Whirlpool Corporation (NYSE:WHR) fell 5.5% on Tuesday . The company traded as low as $38.28 and last traded at $38.6010. 751,877 shares were traded during trading, a decline of 71% from the average session volume of 2,587,435 shares. The stock had previously closed at $40.84.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on the stock. Mizuho dropped their price objective on shares of Whirlpool from $45.00 to $40.00 and set a “neutral” rating for the company in a research report on Tuesday, July 21st. Bank of America reduced their target price on shares of Whirlpool from $43.00 to $36.00 and set an “underperform” rating on the stock in a report on Monday, June 22nd. Stifel Nicolaus lowered their price target on Whirlpool from $45.00 to $37.00 and set a “hold” rating for the company in a report on Thursday, July 23rd. Zacks Research raised Whirlpool from a “strong sell” rating to a “hold” rating in a research report on Thursday, August 6th. Finally, Citigroup restated a “neutral” rating on shares of Whirlpool in a research note on Thursday, August 6th. One investment analyst has rated the stock with a Buy rating, eight have given a Hold rating and three have given a Sell rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Reduce” and a consensus price target of $46.33.

Whirlpool Stock Performance

The company has a quick ratio of 0.71, a current ratio of 1.15 and a debt-to-equity ratio of 1.74. The stock has a 50 day simple moving average of $39.50 and a 200 day simple moving average of $49.21. The company has a market capitalization of $2.48 billion, a price-to-earnings ratio of 13.02, a P/E/G ratio of 18.29 and a beta of 1.16.

Whirlpool (NYSE:WHR) last announced its quarterly earnings results on Monday, August 3rd. The company reported ($0.21) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.06) by ($0.15). The company had revenue of $3.52 billion during the quarter, compared to the consensus estimate of $3.55 billion. Whirlpool had a return on equity of 4.18% and a net margin of 1.17%.The company’s revenue for the quarter was down 6.8% on a year-over-year basis. During the same period last year, the business posted $1.34 EPS. Whirlpool has set its FY 2026 guidance at 2.500-3.000 EPS. As a group, analysts anticipate that Whirlpool Corporation will post 2.25 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Kelleher Financial Advisors acquired a new stake in shares of Whirlpool in the second quarter valued at approximately $28,000. Northwestern Mutual Wealth Management Co. boosted its position in shares of Whirlpool by 172.0% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 389 shares of the company’s stock worth $28,000 after buying an additional 246 shares during the period. Silvant Capital Management LLC bought a new position in Whirlpool in the 2nd quarter worth approximately $29,000. Garton & Associates Financial Advisors LLC bought a new position in Whirlpool in the 4th quarter worth approximately $35,000. Finally, EverSource Wealth Advisors LLC increased its position in Whirlpool by 129.2% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 369 shares of the company’s stock valued at $37,000 after acquiring an additional 208 shares during the period. 90.78% of the stock is owned by institutional investors and hedge funds.

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.