The Manufacturers Life Insurance Company Invests $1.72 Million in Whirlpool Corporation $WHR

The Manufacturers Life Insurance Company bought a new position in shares of Whirlpool Corporation (NYSE:WHR) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 43,694 shares of the company’s stock, valued at approximately $1,722,000. The Manufacturers Life Insurance Company owned about 0.07% of Whirlpool at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in WHR. Kelleher Financial Advisors acquired a new stake in Whirlpool during the 2nd quarter worth about $28,000. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of Whirlpool by 172.0% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 389 shares of the company’s stock valued at $28,000 after buying an additional 246 shares during the period. Silvant Capital Management LLC acquired a new position in shares of Whirlpool in the 2nd quarter valued at about $29,000. Garton & Associates Financial Advisors LLC purchased a new stake in shares of Whirlpool in the fourth quarter worth about $35,000. Finally, EverSource Wealth Advisors LLC grew its holdings in Whirlpool by 129.2% during the second 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. 90.78% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on WHR. JPMorgan Chase & Co. decreased their price target on Whirlpool from $59.00 to $52.00 and set a “neutral” rating for the company in a report on Monday, May 11th. Bank of America dropped their price objective on shares of Whirlpool from $43.00 to $36.00 and set an “underperform” rating on the stock in a research note on Monday, June 22nd. Wall Street Zen raised shares of Whirlpool from a “strong sell” rating to a “sell” rating in a report on Saturday, August 8th. BNP Paribas Exane started coverage on shares of Whirlpool in a research note on Monday, July 13th. They issued a “neutral” rating and a $43.00 target price for the company. Finally, Citigroup reiterated a “neutral” rating on shares of Whirlpool in a research note on Thursday, August 6th. One equities research analyst has rated the stock with a Buy rating, eight have given a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of “Reduce” and an average target price of $46.33.

Whirlpool Price Performance

Shares of Whirlpool stock opened at $38.41 on Friday. The firm has a market cap of $2.50 billion, a PE ratio of 13.15, a P/E/G ratio of 17.30 and a beta of 1.18. Whirlpool Corporation has a twelve month low of $35.45 and a twelve month high of $96.57. 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 business has a 50-day moving average price of $39.56 and a 200 day moving average price of $48.11.

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

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.