Whirlpool Corporation $WHR Stake Decreased by HighTower Advisors LLC

HighTower Advisors LLC lessened its holdings in shares of Whirlpool Corporation (NYSE:WHR) by 11.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,066,727 shares of the company’s stock after selling 131,695 shares during the period. HighTower Advisors LLC owned 1.90% of Whirlpool worth $76,954,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently made changes to their positions in the business. NewEdge Advisors LLC lifted its holdings in Whirlpool by 56.7% in the first quarter. NewEdge Advisors LLC now owns 3,120 shares of the company’s stock worth $281,000 after purchasing an additional 1,129 shares during the period. Empowered Funds LLC lifted its holdings in Whirlpool by 206.5% in the first quarter. Empowered Funds LLC now owns 8,528 shares of the company’s stock worth $769,000 after purchasing an additional 5,746 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in Whirlpool by 15.0% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 214,918 shares of the company’s stock worth $19,371,000 after purchasing an additional 27,995 shares during the period. Invesco Ltd. lifted its holdings in Whirlpool by 3.2% in the second quarter. Invesco Ltd. now owns 229,566 shares of the company’s stock worth $23,283,000 after purchasing an additional 7,151 shares during the period. Finally, EverSource Wealth Advisors LLC lifted its holdings in Whirlpool by 129.2% in the second quarter. EverSource Wealth Advisors LLC now owns 369 shares of the company’s stock worth $37,000 after purchasing an additional 208 shares during the period. Institutional investors own 90.78% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have issued reports on WHR. Zacks Research lowered Whirlpool from a “hold” rating to a “strong sell” rating in a research note on Tuesday, March 10th. Royal Bank Of Canada decreased their price target on Whirlpool from $37.00 to $32.00 and set an “underperform” rating for the company in a research note on Friday, May 8th. Citigroup decreased their price target on Whirlpool from $60.00 to $50.00 and set a “neutral” rating for the company in a research note on Monday, May 11th. Wall Street Zen lowered Whirlpool from a “hold” rating to a “strong sell” rating in a research note on Saturday, May 9th. Finally, 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 research note on Monday, May 11th. Two research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and four have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Reduce” and a consensus target price of $68.89.

Whirlpool Stock Up 1.8%

Shares of Whirlpool stock opened at $41.48 on Thursday. The stock’s fifty day moving average is $52.68 and its 200-day moving average is $68.38. The firm has a market capitalization of $2.69 billion, a PE ratio of 14.11, a price-to-earnings-growth ratio of 16.09 and a beta of 1.23. The company has a quick ratio of 0.48, a current ratio of 0.88 and a debt-to-equity ratio of 1.48. Whirlpool Corporation has a 12-month low of $38.38 and a 12-month high of $111.96.

Whirlpool (NYSE:WHR) last announced its earnings results on Wednesday, May 6th. The company reported ($0.56) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.43 by ($0.99). The company had revenue of $3.27 billion for the quarter, compared to analyst estimates of $3.44 billion. Whirlpool had a return on equity of 7.68% and a net margin of 1.08%.The firm’s revenue for the quarter was down 9.6% on a year-over-year basis. During the same period last year, the firm earned $1.70 earnings per share. Whirlpool has set its FY 2026 guidance at 3.000-3.500 EPS. Equities analysts anticipate that Whirlpool Corporation will post 2.53 earnings per share for the current year.

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.