Havemeyer Place LP Invests $1.07 Million in Whirlpool Corporation $WHR

Havemeyer Place LP acquired a new position in shares of Whirlpool Corporation (NYSE:WHR) in the 4th quarter, HoldingsChannel reports. The institutional investor acquired 14,790 shares of the company’s stock, valued at approximately $1,067,000.

Several other institutional investors have also modified their holdings of WHR. Norges Bank purchased a new stake in shares of Whirlpool during the 4th quarter worth $31,959,000. Orion Porfolio Solutions LLC lifted its position in shares of Whirlpool by 2,795.1% during 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 during the last quarter. Newport Trust Company LLC lifted its position in shares of Whirlpool by 10.2% during the 4th 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. Causeway Capital Management LLC lifted its position in shares of Whirlpool by 42.3% during the 3rd quarter. Causeway Capital Management LLC now owns 617,039 shares of the company’s stock worth $48,499,000 after purchasing an additional 183,496 shares during the last quarter. Finally, Engineers Gate Manager LP purchased a new stake in shares of Whirlpool during the 2nd quarter worth $11,489,000. 90.78% of the stock is owned by hedge funds and other institutional investors.

Whirlpool Price Performance

Shares of NYSE:WHR opened at $39.57 on Monday. The company’s fifty day moving average price is $49.45 and its 200 day moving average price is $66.15. Whirlpool Corporation has a 12 month low of $38.38 and a 12 month high of $111.96. The company has a debt-to-equity ratio of 1.48, a current ratio of 0.88 and a quick ratio of 0.48. The firm has a market capitalization of $2.56 billion, a P/E ratio of 13.46, a P/E/G ratio of 15.58 and a beta of 1.15.

Whirlpool (NYSE:WHR) last announced its quarterly earnings results on Wednesday, May 6th. The company reported ($0.56) EPS for the quarter, missing the consensus estimate 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%.Whirlpool’s revenue was down 9.6% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.70 earnings per share. Whirlpool has set its FY 2026 guidance at 3.000-3.500 EPS. As a group, sell-side analysts predict that Whirlpool Corporation will post 2.53 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several research firms have recently issued reports on WHR. Citigroup decreased their price objective on shares of Whirlpool from $60.00 to $50.00 and set a “neutral” rating for the company in a research report on Monday, May 11th. Wall Street Zen lowered shares of Whirlpool from a “hold” rating to a “strong sell” rating in a research note on Saturday, May 9th. Zacks Research lowered shares of Whirlpool from a “hold” rating to a “strong sell” rating in a research note on Tuesday, March 10th. Mizuho initiated coverage on shares of Whirlpool in a research note on Monday, April 20th. They set a “neutral” rating and a $55.00 price target on the stock. Finally, BNP Paribas Exane upgraded shares of Whirlpool to a “neutral” rating in a research note on Monday, March 16th. Two investment analysts have rated the stock with a Buy rating, seven have given a Hold rating and four have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Reduce” and a consensus target price of $68.89.

About Whirlpool

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.