Steel Grove Capital Advisors LLC Sells 16,070 Shares of Whirlpool Corporation $WHR

Steel Grove Capital Advisors LLC trimmed its stake in Whirlpool Corporation (NYSE:WHR) by 82.8% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 3,346 shares of the company’s stock after selling 16,070 shares during the quarter. Steel Grove Capital Advisors LLC’s holdings in Whirlpool were worth $241,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in WHR. Hantz Financial Services Inc. lifted its holdings in shares of Whirlpool by 86.1% during the fourth quarter. Hantz Financial Services Inc. now owns 2,415 shares of the company’s stock valued at $174,000 after purchasing an additional 1,117 shares in the last quarter. Fideuram Intesa Sanpaolo Private Banking S.P.A. bought a new position in shares of Whirlpool during the fourth quarter valued at $106,000. Newport Trust Company LLC lifted its holdings in shares of Whirlpool by 10.2% during the fourth quarter. Newport Trust Company LLC now owns 2,391,252 shares of the company’s stock valued at $172,505,000 after purchasing an additional 221,564 shares in the last quarter. Global Retirement Partners LLC lifted its holdings in shares of Whirlpool by 102.3% during the fourth quarter. Global Retirement Partners LLC now owns 1,333 shares of the company’s stock valued at $96,000 after purchasing an additional 674 shares in the last quarter. Finally, Leonteq Securities AG bought a new position in shares of Whirlpool during the fourth quarter valued at $44,000. 90.78% of the stock is owned by institutional investors.

Whirlpool Stock Performance

Shares of WHR opened at $44.43 on Thursday. The company has a quick ratio of 0.48, a current ratio of 0.88 and a debt-to-equity ratio of 1.48. The business has a 50-day simple moving average of $51.25 and a two-hundred day simple moving average of $67.41. The stock has a market cap of $2.88 billion, a price-to-earnings ratio of 15.11, a PEG ratio of 16.84 and a beta of 1.23. Whirlpool Corporation has a 52 week low of $38.38 and a 52 week high of $111.96.

Whirlpool (NYSE:WHR) last issued its quarterly earnings results on Wednesday, May 6th. The company reported ($0.56) EPS for the quarter, missing analysts’ consensus estimates of $0.43 by ($0.99). Whirlpool had a return on equity of 7.68% and a net margin of 1.08%.The company had revenue of $3.27 billion during the quarter, compared to analysts’ expectations of $3.44 billion. During the same quarter in the previous year, the company earned $1.70 EPS. The business’s quarterly revenue was down 9.6% compared to the same quarter last year. Whirlpool has set its FY 2026 guidance at 3.000-3.500 EPS. On average, analysts expect that Whirlpool Corporation will post 2.53 EPS for the current year.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on WHR. BNP Paribas Exane raised Whirlpool to a “neutral” rating in a report on Monday, March 16th. Royal Bank Of Canada lowered their price target on Whirlpool from $37.00 to $32.00 and set an “underperform” rating on the stock in a report on Friday, May 8th. Citigroup lowered their price target on Whirlpool from $60.00 to $50.00 and set a “neutral” rating on the stock in a report on Monday, May 11th. Wall Street Zen downgraded Whirlpool from a “hold” rating to a “strong sell” rating in a report on Saturday, May 9th. Finally, Stifel Nicolaus set a $55.00 price objective on Whirlpool in a research report on Monday, May 4th. Two investment analysts have rated the stock with a Buy rating, seven have given a Hold rating and four have assigned a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Reduce” and a consensus price target of $68.89.

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.