Savant Capital LLC reduced its holdings in shares of Whirlpool Co. (NYSE:WHR) by 8.0% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 2,069 shares of the company’s stock after selling 180 shares during the quarter. Savant Capital LLC’s holdings in Whirlpool were worth $221,000 as of its most recent filing with the SEC.
Several other large investors have also added to or reduced their stakes in WHR. Birmingham Capital Management Co. Inc. AL lifted its holdings in shares of Whirlpool by 1.0% in the 4th quarter. Birmingham Capital Management Co. Inc. AL now owns 10,007 shares of the company’s stock valued at $1,069,000 after purchasing an additional 100 shares during the last quarter. Pinnacle Associates Ltd. lifted its holdings in shares of Whirlpool by 5.6% in the 4th quarter. Pinnacle Associates Ltd. now owns 1,900 shares of the company’s stock valued at $203,000 after purchasing an additional 100 shares during the last quarter. First Mercantile Trust Co. lifted its holdings in shares of Whirlpool by 3.3% in the 4th quarter. First Mercantile Trust Co. now owns 3,272 shares of the company’s stock valued at $350,000 after purchasing an additional 104 shares during the last quarter. Rehmann Capital Advisory Group lifted its holdings in shares of Whirlpool by 79.7% in the 3rd quarter. Rehmann Capital Advisory Group now owns 309 shares of the company’s stock valued at $37,000 after purchasing an additional 137 shares during the last quarter. Finally, Brave Asset Management Inc. raised its stake in Whirlpool by 10.8% during the 4th quarter. Brave Asset Management Inc. now owns 2,050 shares of the company’s stock valued at $219,000 after acquiring an additional 200 shares during the last quarter. 96.98% of the stock is owned by institutional investors and hedge funds.
Several research firms have commented on WHR. Zacks Investment Research raised Whirlpool from a “sell” rating to a “hold” rating in a research note on Monday, October 29th. MKM Partners set a $146.00 target price on Whirlpool and gave the stock a “hold” rating in a research report on Tuesday, October 16th. Royal Bank of Canada cut Whirlpool from a “sector perform” rating to an “underperform” rating and set a $134.60 target price on the stock. in a research report on Wednesday, January 30th. Buckingham Research initiated coverage on Whirlpool in a research report on Wednesday, January 23rd. They set a “neutral” rating and a $135.00 target price on the stock. Finally, Raymond James cut Whirlpool from an “outperform” rating to a “market perform” rating in a research report on Wednesday, January 30th. Three research analysts have rated the stock with a sell rating, nine have given a hold rating and one has assigned a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average price target of $146.40.
Whirlpool (NYSE:WHR) last released its earnings results on Monday, January 28th. The company reported $4.75 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $4.30 by $0.45. Whirlpool had a positive return on equity of 27.24% and a negative net margin of 0.87%. The company had revenue of $5.66 billion for the quarter, compared to analysts’ expectations of $5.76 billion. During the same quarter in the previous year, the firm posted $4.10 EPS. The firm’s quarterly revenue was down .7% on a year-over-year basis. As a group, equities research analysts forecast that Whirlpool Co. will post 14.66 EPS for the current year.
In related news, Director Michael F. Johnston sold 2,845 shares of the company’s stock in a transaction that occurred on Friday, February 1st. The stock was sold at an average price of $133.54, for a total value of $379,921.30. Following the sale, the director now owns 6,550 shares in the company, valued at approximately $874,687. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Corporate insiders own 2.83% of the company’s stock.
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Whirlpool Corporation manufactures and markets home appliances and related products. It operates through four segments: North America; Europe, Middle East and Africa; Latin America; and Asia. The company's principal products include laundry appliances, refrigerators and freezers, cooking appliances, dishwashers, mixers, and other small domestic appliances.
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