Geode Capital Management LLC Acquires 29,162 Shares of Whirlpool Corporation $WHR

Geode Capital Management LLC grew its holdings in Whirlpool Corporation (NYSE:WHR) by 2.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 1,279,044 shares of the company’s stock after acquiring an additional 29,162 shares during the quarter. Geode Capital Management LLC’s holdings in Whirlpool were worth $92,472,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. SG Americas Securities LLC raised its stake in Whirlpool by 96.0% in the fourth quarter. SG Americas Securities LLC now owns 101,907 shares of the company’s stock valued at $7,352,000 after purchasing an additional 49,903 shares in the last quarter. Causeway Capital Management LLC raised its stake in Whirlpool by 42.3% in the third quarter. Causeway Capital Management LLC now owns 617,039 shares of the company’s stock valued at $48,499,000 after purchasing an additional 183,496 shares in the last quarter. M&T Bank Corp raised its stake in Whirlpool by 973.9% in the fourth quarter. M&T Bank Corp now owns 29,962 shares of the company’s stock valued at $2,161,000 after purchasing an additional 27,172 shares in the last quarter. Russell Investments Group Ltd. raised its stake in Whirlpool by 34.0% in the third quarter. Russell Investments Group Ltd. now owns 401,640 shares of the company’s stock valued at $31,569,000 after purchasing an additional 101,962 shares in the last quarter. Finally, Versor Investments LP acquired a new position in Whirlpool in the third quarter valued at about $894,000. Institutional investors own 90.78% of the company’s stock.

Analyst Upgrades and Downgrades

WHR has been the subject of a number of analyst reports. Wall Street Zen downgraded Whirlpool from a “hold” rating to a “strong sell” rating in a research note on Saturday, May 9th. BNP Paribas Exane raised Whirlpool to a “neutral” rating in a research note on Monday, March 16th. Royal Bank Of Canada dropped their price target on Whirlpool from $37.00 to $32.00 and set an “underperform” rating for the company in a research note on Friday, May 8th. Citigroup dropped their price target on Whirlpool from $60.00 to $50.00 and set a “neutral” rating for the company in a research note on Monday, May 11th. Finally, Stifel Nicolaus set a $55.00 price target on Whirlpool in a research note on Monday, May 4th. Two investment analysts have rated the stock with a Buy rating, seven have issued a Hold rating and four have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Reduce” and an average price target of $68.89.

Whirlpool Stock Down 1.1%

Shares of NYSE WHR opened at $39.57 on Friday. 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 company has a market cap of $2.56 billion, a price-to-earnings ratio of 13.46, a PEG ratio of 15.58 and a beta of 1.15. Whirlpool Corporation has a 12 month low of $38.38 and a 12 month high of $111.96. The stock has a 50-day moving average price of $49.45 and a two-hundred day moving average price of $66.17.

Whirlpool (NYSE:WHR) last issued its earnings results on Wednesday, May 6th. The company reported ($0.56) EPS for the quarter, missing the consensus estimate of $0.43 by ($0.99). The business had revenue of $3.27 billion for the quarter, compared to analyst estimates of $3.44 billion. Whirlpool had a return on equity of 7.68% and a net margin of 1.08%.The firm’s revenue was down 9.6% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.70 EPS. Whirlpool has set its FY 2026 guidance at 3.000-3.500 EPS. As a group, analysts forecast that Whirlpool Corporation will post 2.53 earnings per share for the current fiscal year.

Whirlpool 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.