Hodges Capital Management Inc. Takes $10.73 Million Position in Whirlpool Corporation $WHR

Hodges Capital Management Inc. bought a new stake in Whirlpool Corporation (NYSE:WHR) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 148,784 shares of the company’s stock, valued at approximately $10,733,000. Hodges Capital Management Inc. owned about 0.26% of Whirlpool at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Thrivent Financial for Lutherans grew its position in shares of Whirlpool by 0.8% in the second quarter. Thrivent Financial for Lutherans now owns 13,194 shares of the company’s stock valued at $1,338,000 after purchasing an additional 109 shares during the last quarter. Old North State Wealth Management LLC grew its position in Whirlpool by 5.2% during the fourth quarter. Old North State Wealth Management LLC now owns 2,889 shares of the company’s stock worth $209,000 after buying an additional 143 shares in the last quarter. Hotchkis & Wiley Capital Management LLC grew its position in Whirlpool by 0.3% during the third quarter. Hotchkis & Wiley Capital Management LLC now owns 52,944 shares of the company’s stock worth $4,161,000 after buying an additional 144 shares in the last quarter. Gamco Investors INC. ET AL grew its position in Whirlpool by 3.0% during the second quarter. Gamco Investors INC. ET AL now owns 5,150 shares of the company’s stock worth $522,000 after buying an additional 150 shares in the last quarter. Finally, PNC Financial Services Group Inc. grew its position in Whirlpool by 0.4% during the third quarter. PNC Financial Services Group Inc. now owns 41,572 shares of the company’s stock worth $3,268,000 after buying an additional 158 shares in the last quarter. Institutional investors and hedge funds own 90.78% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on the company. Citigroup reduced their price target on Whirlpool from $60.00 to $50.00 and set a “neutral” rating on the stock in a research report on Monday, May 11th. BNP Paribas Exane raised Whirlpool to a “neutral” rating in a research report on Monday, March 16th. Bank of America reduced their price target on Whirlpool from $60.00 to $50.00 and set an “underperform” rating on the stock in a research report on Monday, April 20th. Mizuho assumed coverage on Whirlpool in a research report on Monday, April 20th. They set a “neutral” rating and a $55.00 price target on the stock. Finally, Wall Street Zen downgraded Whirlpool from a “hold” rating to a “strong sell” rating in a research report on Saturday, May 9th. Two research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and four have given a Sell rating to the stock. Based on data from MarketBeat.com, Whirlpool has a consensus rating of “Reduce” and an average target price of $68.89.

Whirlpool Trading Down 3.1%

Shares of WHR stock opened at $40.16 on Thursday. Whirlpool Corporation has a fifty-two week low of $38.38 and a fifty-two week high of $111.96. The company has a market cap of $2.60 billion, a PE ratio of 13.66, a P/E/G ratio of 16.36 and a beta of 1.15. The company has a debt-to-equity ratio of 1.48, a quick ratio of 0.48 and a current ratio of 0.88. The stock’s fifty day moving average price is $48.74 and its two-hundred day moving average price is $65.53.

Whirlpool (NYSE:WHR) last announced 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 net margin of 1.08% and a return on equity of 7.68%. The firm had revenue of $3.27 billion during the quarter, compared to the consensus estimate of $3.44 billion. During the same quarter in the previous year, the company posted $1.70 earnings per share. The firm’s revenue was down 9.6% on a year-over-year basis. Whirlpool has set its FY 2026 guidance at 3.000-3.500 EPS. Equities analysts predict that Whirlpool Corporation will post 2.53 EPS for the current fiscal year.

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.