81,716 Shares in Whirlpool Corporation $WHR Acquired by SummitTX Capital L.P.

SummitTX Capital L.P. bought a new stake in shares of Whirlpool Corporation (NYSE:WHR) during the 1st quarter, Holdings Channel.com reports. The fund bought 81,716 shares of the company’s stock, valued at approximately $4,406,000.

A number of other hedge funds have also recently made changes to their positions in WHR. NewEdge Advisors LLC grew its stake in Whirlpool by 56.7% in the first quarter. NewEdge Advisors LLC now owns 3,120 shares of the company’s stock valued at $281,000 after purchasing an additional 1,129 shares during the last quarter. Empowered Funds LLC raised its stake in Whirlpool by 206.5% in the first quarter. Empowered Funds LLC now owns 8,528 shares of the company’s stock valued at $769,000 after buying an additional 5,746 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in shares of Whirlpool by 15.0% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 214,918 shares of the company’s stock valued at $19,371,000 after acquiring an additional 27,995 shares in the last quarter. Invesco Ltd. raised its position in shares of Whirlpool by 3.2% in the 2nd quarter. Invesco Ltd. now owns 229,566 shares of the company’s stock valued at $23,283,000 after purchasing an additional 7,151 shares during the last quarter. Finally, EverSource Wealth Advisors LLC grew 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 purchasing an additional 208 shares during the last quarter. 90.78% of the stock is currently owned by hedge funds and other institutional investors.

Whirlpool Stock Performance

NYSE WHR opened at $37.62 on Tuesday. The firm has a market capitalization of $2.44 billion, a P/E ratio of 12.80, a PEG ratio of 32.27 and a beta of 1.16. Whirlpool Corporation has a fifty-two week low of $35.45 and a fifty-two week high of $100.49. The stock has a 50-day simple moving average of $39.64 and a two-hundred day simple moving average of $56.89. 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 announced its quarterly earnings results on Wednesday, May 6th. The company reported ($0.56) earnings per share for the quarter, missing the consensus estimate of $0.43 by ($0.99). Whirlpool had a net margin of 1.08% and a return on equity of 7.68%. The company had revenue of $3.27 billion for the quarter, compared to analysts’ expectations of $3.44 billion. During the same quarter in the prior year, the business posted $1.70 earnings per share. The firm’s revenue was down 9.6% compared to the same quarter last year. Whirlpool has set its FY 2026 guidance at 3.000-3.500 EPS. On average, equities analysts forecast that Whirlpool Corporation will post 1.15 earnings per share for the current year.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on WHR shares. Citigroup dropped their price objective on shares of Whirlpool from $50.00 to $42.00 and set a “neutral” rating on the stock in a report on Tuesday, July 14th. Mizuho dropped their price target on Whirlpool from $45.00 to $40.00 and set a “neutral” rating on the stock in a research note on Tuesday, July 21st. BNP Paribas Exane began coverage on Whirlpool in a report on Monday, July 13th. They issued a “neutral” rating and a $43.00 price objective on the stock. Weiss Ratings cut Whirlpool from a “hold (c-)” rating to a “sell (d)” rating in a research note on Friday, May 8th. Finally, Bank of America decreased their target price on Whirlpool from $43.00 to $36.00 and set an “underperform” rating for the company in a report on Monday, June 22nd. One equities research analyst has rated the stock with a Buy rating, seven have assigned a Hold rating and four have issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Reduce” and an average price target of $51.22.

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.