Whirlpool Corporation $WHR Shares Purchased by Russell Investments Group Ltd.

Russell Investments Group Ltd. grew its stake in shares of Whirlpool Corporation (NYSE:WHR) by 34.0% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 401,640 shares of the company’s stock after acquiring an additional 101,962 shares during the quarter. Russell Investments Group Ltd.’s holdings in Whirlpool were worth $31,569,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. Norges Bank acquired a new position in Whirlpool during the second quarter worth approximately $71,595,000. Curi Capital LLC acquired a new position in shares of Whirlpool in the 2nd quarter valued at $57,699,000. Maple Rock Capital Partners Inc. grew its stake in shares of Whirlpool by 357.2% during the 2nd quarter. Maple Rock Capital Partners Inc. now owns 533,655 shares of the company’s stock valued at $54,123,000 after buying an additional 416,945 shares during the period. Orion Porfolio Solutions LLC grew its stake 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 buying an additional 226,462 shares during the period. Finally, RWWM Inc. increased its holdings in shares of Whirlpool by 68.4% during the 3rd quarter. RWWM Inc. now owns 555,380 shares of the company’s stock worth $43,653,000 after buying an additional 225,513 shares during the last quarter. 90.78% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on WHR. Stifel Nicolaus reduced their target price on Whirlpool from $75.00 to $68.00 and set a “hold” rating on the stock in a report on Monday, March 2nd. Zacks Research downgraded Whirlpool from a “hold” rating to a “strong sell” rating in a report on Tuesday. Weiss Ratings raised Whirlpool from a “sell (d)” rating to a “hold (c-)” rating in a research note on Thursday, February 12th. Finally, JPMorgan Chase & Co. decreased their target price on Whirlpool from $78.00 to $76.00 and set a “neutral” rating for the company in a report on Monday, February 2nd. Two equities research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and three have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Reduce” and an average price target of $84.43.

Whirlpool Trading Down 1.6%

NYSE WHR opened at $57.29 on Friday. The stock has a market cap of $3.24 billion, a P/E ratio of 10.14, a PEG ratio of 2.76 and a beta of 1.27. The company’s fifty day simple moving average is $78.95 and its 200-day simple moving average is $78.36. The company has a current ratio of 0.76, a quick ratio of 0.40 and a debt-to-equity ratio of 2.06. Whirlpool Corporation has a 52 week low of $56.33 and a 52 week high of $111.96.

Whirlpool (NYSE:WHR) last released its quarterly earnings results on Wednesday, January 28th. The company reported $1.10 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.54 by ($0.44). Whirlpool had a return on equity of 12.98% and a net margin of 2.04%.The firm had revenue of $4.10 billion for the quarter, compared to analysts’ expectations of $4.27 billion. During the same period last year, the firm earned $4.57 EPS. The business’s quarterly revenue was down 1.0% on a year-over-year basis. Whirlpool has set its FY 2026 guidance at 7.000-7.000 EPS. Equities research analysts predict that Whirlpool Corporation will post 9.52 EPS for the current fiscal year.

Whirlpool Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 26th. Stockholders of record on Friday, February 27th will be given a dividend of $0.90 per share. This represents a $3.60 dividend on an annualized basis and a dividend yield of 6.3%. The ex-dividend date of this dividend is Friday, February 27th. Whirlpool’s payout ratio is presently 63.72%.

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.