TCM Advisors LLC Makes New $564,000 Investment in Whirlpool Corporation $WHR

TCM Advisors LLC bought a new stake in Whirlpool Corporation (NYSE:WHRFree Report) in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 14,318 shares of the company’s stock, valued at approximately $564,000.

A number of other hedge funds and other institutional investors also recently modified their holdings of WHR. Charles Schwab Investment Management Inc. boosted its stake in shares of Whirlpool by 3.4% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 2,429,230 shares of the company’s stock worth $175,245,000 after acquiring an additional 80,122 shares in the last quarter. RWWM Inc. increased its stake in Whirlpool by 191.6% in the 1st quarter. RWWM Inc. now owns 2,422,618 shares of the company’s stock valued at $130,628,000 after purchasing an additional 1,591,849 shares in the last quarter. Newport Trust Company LLC raised its holdings in Whirlpool by 10.2% during the fourth quarter. Newport Trust Company LLC now owns 2,391,252 shares of the company’s stock worth $172,505,000 after purchasing an additional 221,564 shares during the last quarter. Geode Capital Management LLC raised its holdings in Whirlpool by 2.3% during the fourth quarter. Geode Capital Management LLC now owns 1,279,044 shares of the company’s stock worth $92,472,000 after purchasing an additional 29,162 shares during the last quarter. Finally, Connor Clark & Lunn Investment Management Ltd. purchased a new stake in Whirlpool during the second quarter worth $24,601,000. 90.78% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

WHR has been the topic of several recent research reports. Raymond James Financial reiterated a “market perform” rating on shares of Whirlpool in a research report on Wednesday. Citigroup restated a “neutral” rating on shares of Whirlpool in a research report on Thursday, August 6th. Royal Bank Of Canada upped their price target on shares of Whirlpool from $30.00 to $32.00 and gave the company an “underperform” rating in a report on Wednesday, August 5th. BNP Paribas Exane assumed coverage on Whirlpool in a research report on Monday, July 13th. They set a “neutral” rating and a $43.00 price objective for the company. Finally, Bank of America lowered their target price on Whirlpool from $43.00 to $36.00 and set an “underperform” rating on the stock in a report on Monday, June 22nd. One equities research analyst has rated the stock with a Buy rating, seven have issued a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Reduce” and a consensus target price of $46.88.

Check Out Our Latest Report on Whirlpool

Whirlpool Stock Performance

Shares of WHR stock opened at $40.39 on Monday. 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 firm has a market capitalization of $2.63 billion, a price-to-earnings ratio of 13.83, a price-to-earnings-growth ratio of 17.93 and a beta of 1.16. Whirlpool Corporation has a one year low of $35.45 and a one year high of $96.57. The company has a 50 day moving average price of $39.33 and a 200 day moving average price of $51.18.

Whirlpool (NYSE:WHRGet Free Report) last announced its quarterly earnings results on Monday, August 3rd. The company reported ($0.21) earnings per share 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 analyst estimates of $3.55 billion. Whirlpool had a net margin of 1.17% and a return on equity of 4.18%. The firm’s revenue for the quarter was down 6.8% compared to the same quarter last year. During the same quarter last year, the business earned $1.34 EPS. Whirlpool has set its FY 2026 guidance at 2.500-3.000 EPS. Sell-side analysts anticipate that Whirlpool Corporation will post 2.25 EPS for the current year.

Whirlpool Profile

(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.

Read More

Want to see what other hedge funds are holding WHR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Whirlpool Corporation (NYSE:WHRFree Report).

Institutional Ownership by Quarter for Whirlpool (NYSE:WHR)

Receive News & Ratings for Whirlpool Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Whirlpool and related companies with MarketBeat.com's FREE daily email newsletter.