Mizuho Cuts Whirlpool (NYSE:WHR) Price Target to $40.00

Whirlpool (NYSE:WHR) had its target price cut by Mizuho from $45.00 to $40.00 in a research note released on Tuesday, MarketBeat.com reports. They currently have a neutral rating on the stock.

A number of other equities research analysts also recently commented on WHR. JPMorgan Chase & Co. cut their price objective on Whirlpool from $59.00 to $52.00 and set a “neutral” rating for the company in a research report on Monday, May 11th. Citigroup decreased their target price on Whirlpool from $50.00 to $42.00 and set a “neutral” rating on the stock in a report on Tuesday, July 14th. BNP Paribas Exane began coverage on Whirlpool in a research report on Monday, July 13th. They set a “neutral” rating and a $43.00 target price on the stock. Bank of America decreased 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. Finally, Royal Bank Of Canada dropped their price target on Whirlpool from $32.00 to $30.00 and set an “underperform” rating on the stock in a research note on Tuesday, June 16th. One research analyst has rated the stock with a Buy rating, seven have given a Hold rating and four have assigned a Sell rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Reduce” and a consensus target price of $51.22.

Whirlpool Price Performance

Shares of NYSE WHR opened at $35.71 on Tuesday. Whirlpool has a twelve month low of $35.45 and a twelve month high of $100.49. The company has a current ratio of 0.88, a quick ratio of 0.48 and a debt-to-equity ratio of 1.48. The firm has a 50-day moving average of $39.73 and a two-hundred day moving average of $57.46. The company has a market capitalization of $2.31 billion, a price-to-earnings ratio of 12.15, a PEG ratio of 32.16 and a beta of 1.16.

Whirlpool (NYSE:WHR) last announced 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). Whirlpool had a return on equity of 7.68% and a net margin of 1.08%.The business had revenue of $3.27 billion during the quarter, compared to analyst estimates of $3.44 billion. During the same period in the prior year, the firm earned $1.70 EPS. The business’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, analysts expect that Whirlpool will post 1.15 earnings per share for the current fiscal year.

Institutional Trading of Whirlpool

A number of hedge funds have recently modified their holdings of the business. Flagship Harbor Advisors LLC purchased a new stake in Whirlpool in the 4th quarter worth about $25,000. Northwestern Mutual Wealth Management Co. lifted its stake in Whirlpool by 172.0% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 389 shares of the company’s stock valued at $28,000 after acquiring an additional 246 shares during the last quarter. Garton & Associates Financial Advisors LLC acquired a new stake in shares of Whirlpool in the 4th quarter valued at $35,000. EverSource Wealth Advisors LLC boosted its stake in shares of Whirlpool by 129.2% during the 2nd 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. Finally, SBI Securities Co. Ltd. boosted its position in Whirlpool by 113.4% during the fourth quarter. SBI Securities Co. Ltd. now owns 527 shares of the company’s stock worth $38,000 after purchasing an additional 280 shares during the period. Hedge funds and other institutional investors own 90.78% of the company’s stock.

Whirlpool News Roundup

Here are the key news stories impacting Whirlpool this week:

• Positive Sentiment: Whirlpool announced a partnership with GrowthLoop to strengthen its direct-to-consumer strategy for KitchenAid small appliances, which could support customer engagement and longer-term digital sales growth. Whirlpool Corporation to Collaborate with GrowthLoop on Direct-to-Consumer Strategy
• Neutral Sentiment: Whirlpool rescheduled its second-quarter earnings release to August 3 and its conference call to August 4, giving investors a slightly longer wait for updated guidance and results. WHIRLPOOL CORPORATION RESCHEDULES SECOND-QUARTER EARNINGS RELEASE TO AUGUST 3RD AND CONFERENCE CALL TO AUGUST 4TH
• Neutral Sentiment: Analyst commentary remained mixed, with Stifel lowering its price target to $37 from $45 while maintaining a hold rating, and other previews highlighting expectations for weaker sales and earnings but some margin recovery from pricing and cost cuts. Benzinga report on Stifel price target cut
• Negative Sentiment: Recent previews and “pessimistic forecast” coverage suggest Whirlpool’s Q2 results may show steep declines in sales and earnings, reinforcing concerns that demand remains weak ahead of the report. Whirlpool’s Q2 Earnings Coming Up: Here’s What You Should Know

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.