Whirlpool Corporation (NYSE:WHR) Receives $68.89 Average PT from Analysts

Shares of Whirlpool Corporation (NYSE:WHR) have received a consensus rating of “Reduce” from the thirteen research firms that are currently covering the firm, MarketBeat reports. Four equities research analysts have rated the stock with a sell recommendation, seven have issued a hold recommendation and two have given a buy recommendation to the company. The average twelve-month price target among brokerages that have updated their coverage on the stock in the last year is $68.6667.

Several research firms have recently issued reports on WHR. Bank of America lowered their price target on Whirlpool from $60.00 to $50.00 and set an “underperform” rating for the company in a research report on Monday, April 20th. Wall Street Zen lowered Whirlpool from a “hold” rating to a “strong sell” rating in a research report on Saturday, May 9th. Weiss Ratings lowered Whirlpool from a “hold (c-)” rating to a “sell (d)” rating in a research report on Friday, May 8th. Zacks Research lowered Whirlpool from a “hold” rating to a “strong sell” rating in a research report on Tuesday, March 10th. Finally, JPMorgan Chase & Co. decreased their target price on Whirlpool from $59.00 to $52.00 and set a “neutral” rating for the company in a research report on Monday, May 11th.

Hedge Funds Weigh In On Whirlpool

A number of hedge funds have recently bought and sold shares of WHR. Thrivent Financial for Lutherans raised its holdings in Whirlpool by 0.8% during the 2nd quarter. Thrivent Financial for Lutherans now owns 13,194 shares of the company’s stock valued at $1,338,000 after buying an additional 109 shares during the period. Old North State Wealth Management LLC raised its holdings in Whirlpool by 5.2% during the 4th quarter. Old North State Wealth Management LLC now owns 2,889 shares of the company’s stock valued at $209,000 after buying an additional 143 shares during the period. Hotchkis & Wiley Capital Management LLC raised its holdings in Whirlpool by 0.3% during the 3rd quarter. Hotchkis & Wiley Capital Management LLC now owns 52,944 shares of the company’s stock valued at $4,161,000 after buying an additional 144 shares during the period. Gamco Investors INC. ET AL raised its holdings in Whirlpool by 3.0% during the 2nd quarter. Gamco Investors INC. ET AL now owns 5,150 shares of the company’s stock valued at $522,000 after buying an additional 150 shares during the period. Finally, PNC Financial Services Group Inc. raised its holdings in Whirlpool by 0.4% during the 3rd quarter. PNC Financial Services Group Inc. now owns 41,572 shares of the company’s stock valued at $3,268,000 after buying an additional 158 shares during the period. Hedge funds and other institutional investors own 90.78% of the company’s stock.

Whirlpool Price Performance

WHR opened at $38.94 on Monday. The stock has a 50-day moving average price of $46.69 and a 200-day moving average price of $63.84. 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 cap of $2.52 billion, a PE ratio of 13.24, a P/E/G ratio of 15.34 and a beta of 1.15. Whirlpool has a 1 year low of $38.20 and a 1 year high of $111.96.

Whirlpool (NYSE:WHR) last posted its quarterly earnings results 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 company 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%.Whirlpool’s revenue for the quarter was down 9.6% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.70 EPS. Whirlpool has set its FY 2026 guidance at 3.000-3.500 EPS. Sell-side analysts predict that Whirlpool will post 2.53 earnings per share for the current fiscal year.

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.