Whirlpool Corporation (NYSE:WHR – Get Free Report) hit a new 52-week low on Thursday . The company traded as low as $38.20 and last traded at $38.9320, with a volume of 239344 shares trading hands. The stock had previously closed at $38.64.
Analysts Set New Price Targets
A number of equities research analysts have weighed in on WHR shares. Mizuho started coverage on Whirlpool in a research note on Monday, April 20th. They issued a “neutral” rating and a $55.00 price objective for the company. Stifel Nicolaus set a $55.00 price target on Whirlpool in a research note on Monday, May 4th. Royal Bank Of Canada cut their price target on Whirlpool from $32.00 to $30.00 and set an “underperform” rating for the company in a research note on Tuesday. Zacks Research cut Whirlpool from a “hold” rating to a “strong sell” rating in a research note on Tuesday, March 10th. Finally, Wall Street Zen cut Whirlpool from a “hold” rating to a “strong sell” rating in a research note on Saturday, May 9th. Two analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and four have issued a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Reduce” and a consensus target price of $68.67.
View Our Latest Analysis on WHR
Whirlpool Price Performance
Whirlpool (NYSE:WHR – Get Free Report) last released its quarterly earnings data on Wednesday, May 6th. The company reported ($0.56) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.43 by ($0.99). The business had revenue of $3.27 billion during the quarter, compared to analysts’ expectations of $3.44 billion. Whirlpool had a return on equity of 7.68% and a net margin of 1.08%.The company’s revenue was down 9.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.70 EPS. Whirlpool has set its FY 2026 guidance at 3.000-3.500 EPS. Sell-side analysts expect that Whirlpool Corporation will post 2.53 EPS for the current fiscal year.
Institutional Inflows and Outflows
Large investors have recently bought and sold shares of the business. Flagship Harbor Advisors LLC purchased a new position in Whirlpool in the fourth quarter worth $25,000. EverSource Wealth Advisors LLC raised its position 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 acquiring an additional 208 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its position in Whirlpool by 172.0% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 389 shares of the company’s stock worth $28,000 after acquiring an additional 246 shares in the last quarter. Garton & Associates Financial Advisors LLC purchased a new position in Whirlpool in the fourth quarter worth $35,000. Finally, SBI Securities Co. Ltd. raised its position in Whirlpool by 113.4% in the fourth quarter. SBI Securities Co. Ltd. now owns 527 shares of the company’s stock worth $38,000 after acquiring an additional 280 shares in the last quarter. Hedge funds and other institutional investors own 90.78% of the company’s stock.
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.
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