Steel Grove Capital Advisors LLC Sells 16,070 Shares of Whirlpool Corporation $WHR

Steel Grove Capital Advisors LLC trimmed its holdings in Whirlpool Corporation (NYSE:WHR) by 82.8% in the 4th quarter, HoldingsChannel reports. The firm owned 3,346 shares of the company’s stock after selling 16,070 shares during the quarter. Steel Grove Capital Advisors LLC’s holdings in Whirlpool were worth $241,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Flagship Harbor Advisors LLC bought a new position in Whirlpool in the 4th quarter worth approximately $25,000. EverSource Wealth Advisors LLC boosted its stake in Whirlpool by 129.2% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 369 shares of the company’s stock worth $37,000 after purchasing an additional 208 shares during the period. SBI Securities Co. Ltd. boosted its stake in Whirlpool by 113.4% in the 4th quarter. SBI Securities Co. Ltd. now owns 527 shares of the company’s stock worth $38,000 after purchasing an additional 280 shares during the period. Hara Capital LLC bought a new position in Whirlpool in the 4th quarter worth approximately $40,000. Finally, AlphaCore Capital LLC grew its holdings in Whirlpool by 712.2% during the 4th quarter. AlphaCore Capital LLC now owns 601 shares of the company’s stock valued at $43,000 after buying an additional 527 shares in the last quarter. 90.78% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on the company. Wall Street Zen cut Whirlpool from a “hold” rating to a “strong sell” rating in a report on Saturday, May 9th. Mizuho assumed coverage on Whirlpool in a report on Monday, April 20th. They set a “neutral” rating and a $55.00 price target for the company. Weiss Ratings cut Whirlpool from a “hold (c-)” rating to a “sell (d)” rating in a report on Friday, May 8th. Bank of America cut their price target on Whirlpool from $60.00 to $50.00 and set an “underperform” rating for the company in a report on Monday, April 20th. Finally, Stifel Nicolaus set a $55.00 price target on Whirlpool in a report on Monday, May 4th. Two equities research 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. According to MarketBeat, the stock currently has an average rating of “Reduce” and an average price target of $68.89.

Whirlpool Price Performance

Shares of WHR stock opened at $44.43 on Thursday. Whirlpool Corporation has a 52-week low of $38.38 and a 52-week high of $111.96. The company has a debt-to-equity ratio of 1.48, a quick ratio of 0.48 and a current ratio of 0.88. The firm has a market capitalization of $2.88 billion, a P/E ratio of 15.11, a P/E/G ratio of 16.84 and a beta of 1.23. The stock has a 50 day moving average price of $51.25 and a 200 day moving average price of $67.41.

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