Whirlpool (NYSE:WHR) Stock Rating Lowered by Zacks Research

Whirlpool (NYSE:WHR) was downgraded by analysts at Zacks Research from a “hold” rating to a “strong sell” rating in a research report issued on Monday, Zacks reports.

A number of other equities research analysts have also weighed in on the stock. Royal Bank Of Canada boosted their target price on shares of Whirlpool from $30.00 to $32.00 and gave the company an “underperform” rating in a research note on Wednesday, August 5th. Stifel Nicolaus lowered their target price on Whirlpool from $45.00 to $37.00 and set a “hold” rating on the stock in a report on Thursday, July 23rd. Bank of America lowered their price objective on shares of Whirlpool from $38.00 to $31.00 and set an “underperform” rating on the stock in a research note on Friday, September 11th. Raymond James Financial reiterated a “market perform” rating on shares of Whirlpool in a research note on Wednesday, August 19th. Finally, BNP Paribas Exane began coverage on Whirlpool in a research report on Monday, July 13th. They set a “neutral” rating and a $43.00 price objective on the stock. One research analyst has rated the stock with a Buy rating, seven have given a Hold rating and four have assigned a Sell rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Reduce” and a consensus price target of $45.44.

Whirlpool Price Performance

WHR opened at $30.18 on Monday. The company’s 50-day simple moving average is $37.33 and its two-hundred day simple moving average is $42.54. The company has a debt-to-equity ratio of 1.74, a quick ratio of 0.71 and a current ratio of 1.15. The stock has a market capitalization of $1.97 billion, a P/E ratio of 10.34, a P/E/G ratio of 13.35 and a beta of 1.21. Whirlpool has a 52-week low of $29.49 and a 52-week high of $94.82.

Whirlpool (NYSE:WHR) last announced its quarterly earnings results on Monday, August 3rd. The company reported ($0.21) EPS for the quarter, missing analysts’ consensus estimates 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 business’s revenue was down 6.8% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.34 earnings per share. Whirlpool has set its FY 2026 guidance at 2.500-3.000 EPS. As a group, analysts predict that Whirlpool will post 2.25 EPS for the current year.

Institutional Investors Weigh In On Whirlpool

Several large investors have recently added to or reduced their stakes in the stock. Primecap Management Co. CA bought a new stake in shares of Whirlpool in the second quarter valued at about $141,801,000. RWWM Inc. boosted its stake in Whirlpool by 191.6% in the 1st quarter. RWWM Inc. now owns 2,422,618 shares of the company’s stock worth $130,628,000 after purchasing an additional 1,591,849 shares in the last quarter. Canada Pension Plan Investment Board purchased a new stake in shares of Whirlpool during the second quarter valued at $61,003,000. Nykredit A S acquired a new stake in Whirlpool during the 2nd quarter worth about $51,953,000. Finally, Connor Clark & Lunn Investment Management Ltd. acquired a new stake in shares of Whirlpool during the second quarter worth about $24,601,000. 90.78% of the stock is owned by hedge funds and other institutional investors.

About Whirlpool

Whirlpool Corporation is a global manufacturer and marketer of home appliances, serving consumers through a portfolio of well-known brands that includes Whirlpool, Maytag, KitchenAid, Amana and JennAir. Its products are sold through retailers, distributors and other channels to residential customers in multiple markets.

The company’s primary product categories include refrigerators and freezers, cooking appliances, dishwashers, washing machines and dryers. Through KitchenAid and other brands, Whirlpool also offers small domestic appliances and related products designed for food preparation and household use.

Whirlpool traces its history to 1911, when the Upton Machine Company began producing electric washing machines.