Whirlpool Corporation $WHR Stock Position Lowered by HighTower Advisors LLC

HighTower Advisors LLC lessened its position in Whirlpool Corporation (NYSE:WHR) by 11.0% in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 1,066,727 shares of the company’s stock after selling 131,695 shares during the quarter. HighTower Advisors LLC’s holdings in Whirlpool were worth $76,954,000 as of its most recent filing with the SEC.

Several other hedge funds have also made changes to their positions in the company. Flagship Harbor Advisors LLC acquired a new stake in Whirlpool during the 4th quarter worth about $25,000. EverSource Wealth Advisors LLC boosted its position in 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 during the period. SBI Securities Co. Ltd. boosted its position in Whirlpool by 113.4% during the 4th quarter. SBI Securities Co. Ltd. now owns 527 shares of the company’s stock worth $38,000 after acquiring an additional 280 shares during the period. Hara Capital LLC acquired a new stake in Whirlpool during the 4th quarter worth about $40,000. Finally, AlphaCore Capital LLC boosted its position in Whirlpool by 712.2% during the 4th quarter. AlphaCore Capital LLC now owns 601 shares of the company’s stock worth $43,000 after acquiring an additional 527 shares during the period. Hedge funds and other institutional investors own 90.78% of the company’s stock.

Whirlpool Trading Up 1.8%

NYSE:WHR opened at $41.48 on Thursday. The stock’s 50 day moving average price is $52.68 and its 200 day moving average price is $68.38. Whirlpool Corporation has a 52 week low of $38.38 and a 52 week high of $111.96. The company has a market capitalization of $2.69 billion, a P/E ratio of 14.11, a P/E/G ratio of 16.09 and a beta of 1.23. The company has a debt-to-equity ratio of 1.48, a quick ratio of 0.48 and a current ratio of 0.88.

Whirlpool (NYSE:WHR) last released its quarterly earnings data on Wednesday, May 6th. The company reported ($0.56) EPS for the quarter, missing analysts’ consensus estimates of $0.43 by ($0.99). Whirlpool had a return on equity of 7.68% and a net margin of 1.08%.The firm had revenue of $3.27 billion during the quarter, compared to analyst estimates of $3.44 billion. During the same quarter in the prior year, the company posted $1.70 EPS. The company’s quarterly revenue was down 9.6% on a year-over-year basis. Whirlpool has set its FY 2026 guidance at 3.000-3.500 EPS. On average, research analysts forecast that Whirlpool Corporation will post 2.53 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of brokerages have commented on WHR. Zacks Research lowered Whirlpool from a “hold” rating to a “strong sell” rating in a research report on Tuesday, March 10th. Citigroup decreased their price objective on Whirlpool from $60.00 to $50.00 and set a “neutral” rating for the company in a research report on Monday, May 11th. Weiss Ratings cut shares of Whirlpool from a “hold (c-)” rating to a “sell (d)” rating in a report on Friday, May 8th. Royal Bank Of Canada lowered their price target on shares of Whirlpool from $37.00 to $32.00 and set an “underperform” rating on the stock in a report on Friday, May 8th. Finally, Bank of America lowered their price target on shares of Whirlpool from $60.00 to $50.00 and set an “underperform” rating on the stock in a report on Monday, April 20th. Two analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and four have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Reduce” and an average target price of $68.89.

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.