Whirlpool Corporation (NYSE:WHR) Receives Average Recommendation of “Reduce” from Analysts

Shares of Whirlpool Corporation (NYSE:WHR) have been given a consensus rating of “Reduce” by the twelve analysts that are presently covering the stock, MarketBeat Ratings reports. Four investment analysts have rated the stock with a sell rating, seven have issued a hold rating and one has given a buy rating to the company. The average 12-month price objective among analysts that have updated their coverage on the stock in the last year is $54.8889.

Several research analysts recently weighed in on the company. Bank of America reduced their price target on Whirlpool from $43.00 to $36.00 and set an “underperform” rating for the company in a research report on Monday, June 22nd. JPMorgan Chase & Co. reduced their price objective on shares of Whirlpool from $59.00 to $52.00 and set a “neutral” rating for the company in a research report on Monday, May 11th. Citigroup dropped their target price on shares of Whirlpool from $50.00 to $42.00 and set a “neutral” rating on the stock in a research report on Tuesday. Royal Bank Of Canada cut their target price on shares of Whirlpool from $32.00 to $30.00 and set an “underperform” rating for the company in a research note on Tuesday, June 16th. Finally, Weiss Ratings downgraded shares of Whirlpool from a “hold (c-)” rating to a “sell (d)” rating in a research report on Friday, May 8th.

Hedge Funds Weigh In On Whirlpool

Several hedge funds and other institutional investors have recently made changes to their positions in the company. RWWM Inc. grew its holdings in Whirlpool by 191.6% in the 1st quarter. RWWM Inc. now owns 2,422,618 shares of the company’s stock valued at $130,628,000 after buying an additional 1,591,849 shares in the last quarter. Norges Bank purchased a new position in shares of Whirlpool during the 4th quarter worth $31,959,000. Freestone Grove Partners LP acquired a new position in shares of Whirlpool during the 4th quarter valued at about $22,729,000. Orion Porfolio Solutions LLC boosted 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 valued at $23,789,000 after acquiring an additional 226,462 shares during the last quarter. Finally, Newport Trust Company LLC grew its holdings in shares of Whirlpool by 10.2% in the fourth quarter. Newport Trust Company LLC now owns 2,391,252 shares of the company’s stock valued at $172,505,000 after purchasing an additional 221,564 shares during the period. Hedge funds and other institutional investors own 90.78% of the company’s stock.

Whirlpool Price Performance

NYSE WHR opened at $38.60 on Friday. The stock’s fifty day moving average price is $40.77 and its 200 day moving average price is $59.17. 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 company has a market cap of $2.50 billion, a price-to-earnings ratio of 13.13, a PEG ratio of 22.46 and a beta of 1.16. Whirlpool has a 1 year low of $36.01 and a 1 year high of $106.50.

Whirlpool (NYSE:WHR) last posted 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). Whirlpool had a net margin of 1.08% and a return on equity of 7.68%. The business had revenue of $3.27 billion for the quarter, compared to analyst estimates of $3.44 billion. During the same quarter in the prior year, the firm earned $1.70 earnings per share. The company’s revenue for the quarter was down 9.6% on a year-over-year basis. Whirlpool has set its FY 2026 guidance at 3.000-3.500 EPS. As a group, equities research analysts forecast that Whirlpool will post 1.73 earnings per share for the current 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.