Jupiter Topco LLC Purchases New Stake in Whirlpool Corporation $WHR

Jupiter Topco LLC acquired a new position in Whirlpool Corporation (NYSE:WHR) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 27,900 shares of the company’s stock, valued at approximately $1,100,000.

A number of other hedge funds and other institutional investors also recently bought and sold shares of WHR. NewEdge Advisors LLC boosted its position in shares of Whirlpool by 56.7% during the 1st quarter. NewEdge Advisors LLC now owns 3,120 shares of the company’s stock worth $281,000 after purchasing an additional 1,129 shares in the last quarter. Empowered Funds LLC lifted its stake in shares of Whirlpool by 206.5% in the first quarter. Empowered Funds LLC now owns 8,528 shares of the company’s stock valued at $769,000 after purchasing an additional 5,746 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings in Whirlpool by 15.0% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 214,918 shares of the company’s stock worth $19,371,000 after buying an additional 27,995 shares in the last quarter. Invesco Ltd. grew its position in Whirlpool by 3.2% during the second quarter. Invesco Ltd. now owns 229,566 shares of the company’s stock worth $23,283,000 after buying an additional 7,151 shares during the period. Finally, EverSource Wealth Advisors LLC grew its position in Whirlpool by 129.2% during the second quarter. EverSource Wealth Advisors LLC now owns 369 shares of the company’s stock worth $37,000 after buying an additional 208 shares during the period. Institutional investors and hedge funds own 90.78% of the company’s stock.

Analyst Upgrades and Downgrades

WHR has been the topic of a number of research reports. Stifel Nicolaus lowered their price target on Whirlpool from $45.00 to $37.00 and set a “hold” rating on the stock in a report on Thursday, July 23rd. Weiss Ratings reiterated a “sell (d)” rating on shares of Whirlpool in a research report on Wednesday, August 5th. Bank of America lowered their target price on Whirlpool from $43.00 to $36.00 and set an “underperform” rating on the stock in a report on Monday, June 22nd. BNP Paribas Exane started coverage on Whirlpool in a research report on Monday, July 13th. They issued a “neutral” rating and a $43.00 price target for the company. Finally, Citigroup reaffirmed a “neutral” rating on shares of Whirlpool in a research note on Thursday, August 6th. One equities research analyst has rated the stock with a Buy rating, eight have assigned a Hold rating and three have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Reduce” and a consensus target price of $46.33.

Whirlpool Price Performance

WHR stock opened at $39.37 on Friday. The stock’s 50 day moving average price is $39.57 and its 200 day moving average price is $48.05. The firm has a market cap of $2.57 billion, a P/E ratio of 13.48, a PEG ratio of 17.47 and a beta of 1.18. The company has a debt-to-equity ratio of 1.74, a quick ratio of 0.71 and a current ratio of 1.15. Whirlpool Corporation has a 1 year low of $35.45 and a 1 year high of $96.57.

Whirlpool (NYSE:WHR) last released its quarterly earnings results on Monday, August 3rd. The company reported ($0.21) earnings per share for the quarter, missing the consensus estimate of ($0.06) by ($0.15). Whirlpool had a return on equity of 4.18% and a net margin of 1.17%.The company had revenue of $3.52 billion for the quarter, compared to analysts’ expectations of $3.55 billion. During the same period in the previous year, the business posted $1.34 EPS. The business’s quarterly revenue was down 6.8% on a year-over-year basis. Whirlpool has set its FY 2026 guidance at 2.500-3.000 EPS. On average, sell-side analysts expect that Whirlpool Corporation will post 2.25 earnings per share 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.