Edmond DE Rothschild Holding S.A. Invests $9.66 Million in Whirlpool Corporation $WHR

Edmond DE Rothschild Holding S.A. bought a new stake in shares of Whirlpool Corporation (NYSE:WHR) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 245,000 shares of the company’s stock, valued at approximately $9,658,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. RWWM Inc. lifted its stake in Whirlpool by 191.6% in the first quarter. RWWM Inc. now owns 2,422,618 shares of the company’s stock worth $130,628,000 after acquiring an additional 1,591,849 shares during the period. Norges Bank bought a new stake in Whirlpool in the fourth quarter valued at $31,959,000. Bank of New York Mellon Corp purchased a new position in Whirlpool during the 2nd quarter valued at $15,006,000. Freestone Grove Partners LP purchased a new position in Whirlpool during the 4th quarter valued at $22,729,000. Finally, Orion Porfolio Solutions LLC raised its holdings in Whirlpool by 2,795.1% in the 2nd quarter. Orion Porfolio Solutions LLC now owns 234,564 shares of the company’s stock worth $23,789,000 after purchasing an additional 226,462 shares in the last quarter. Institutional investors own 90.78% of the company’s stock.

Whirlpool Stock Up 2.1%

Shares of Whirlpool stock opened at $40.08 on Thursday. 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 $2.61 billion, a PE ratio of 13.73, a price-to-earnings-growth ratio of 17.45 and a beta of 1.16. Whirlpool Corporation has a 52-week low of $35.45 and a 52-week high of $96.57. The company has a 50-day simple moving average of $39.42 and a two-hundred day simple moving average of $51.74.

Whirlpool (NYSE:WHR) last posted 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 firm had revenue of $3.52 billion for the quarter, compared to analysts’ expectations of $3.55 billion. Whirlpool had a net margin of 1.17% and a return on equity of 4.18%. The company’s quarterly revenue was down 6.8% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.34 EPS. Whirlpool has set its FY 2026 guidance at 2.500-3.000 EPS. On average, analysts anticipate that Whirlpool Corporation will post 2.25 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of brokerages have recently weighed in on WHR. Wall Street Zen raised shares of Whirlpool from a “strong sell” rating to a “sell” rating in a research note on Saturday, August 8th. Citigroup reissued a “neutral” rating on shares of Whirlpool in a research note on Thursday, August 6th. Raymond James Financial restated a “market perform” rating on shares of Whirlpool in a report on Wednesday. JPMorgan Chase & Co. cut their price objective on Whirlpool from $59.00 to $52.00 and set a “neutral” rating on the stock in a research report on Monday, May 11th. Finally, Zacks Research upgraded Whirlpool from a “strong sell” rating to a “hold” rating in a report on Thursday, August 6th. One equities research analyst has rated the stock with a Buy rating, seven have assigned a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Whirlpool presently has an average rating of “Reduce” and an average target price of $46.88.

Whirlpool 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.