Nykredit A S Makes New Investment in Whirlpool Corporation $WHR

Nykredit A S acquired a new stake in Whirlpool Corporation (NYSE:WHR) in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor acquired 1,317,933 shares of the company’s stock, valued at approximately $51,953,000. Nykredit A S owned approximately 2.02% of Whirlpool as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently modified their holdings of WHR. Primecap Management Co. CA bought a new stake in shares of Whirlpool in the 2nd quarter valued at about $141,801,000. Charles Schwab Investment Management Inc. lifted its position in Whirlpool by 3.4% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 2,429,230 shares of the company’s stock valued at $175,245,000 after purchasing an additional 80,122 shares during the last quarter. RWWM Inc. boosted its stake in shares of Whirlpool by 191.6% during the first quarter. RWWM Inc. now owns 2,422,618 shares of the company’s stock valued at $130,628,000 after purchasing an additional 1,591,849 shares during the period. Newport Trust Company LLC grew its holdings in shares of Whirlpool by 10.2% in the fourth quarter. Newport Trust Company LLC now owns 2,391,252 shares of the company’s stock worth $172,505,000 after purchasing an additional 221,564 shares during the last quarter. Finally, Canada Pension Plan Investment Board bought a new position in shares of Whirlpool in the second quarter worth approximately $61,003,000. 90.78% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

WHR has been the subject of several recent analyst reports. Zacks Research raised shares of Whirlpool from a “strong sell” rating to a “hold” rating in a research note on Thursday, August 6th. Wall Street Zen raised Whirlpool from a “strong sell” rating to a “sell” rating in a research report on Saturday, August 8th. Mizuho dropped their price target on Whirlpool from $45.00 to $40.00 and set a “neutral” rating on the stock in a research report on Tuesday, July 21st. Royal Bank Of Canada increased their target price on Whirlpool from $30.00 to $32.00 and gave the stock an “underperform” rating in a research note on Wednesday, August 5th. Finally, Stifel Nicolaus reduced their price target on Whirlpool from $45.00 to $37.00 and set a “hold” rating for the company in a report on Thursday, July 23rd. One equities research analyst has rated the stock with a Buy rating, eight have assigned a Hold rating and three have issued a Sell rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Reduce” and a consensus price target of $46.33.

Whirlpool Trading Up 2.6%

NYSE:WHR opened at $38.92 on Thursday. The company’s 50 day moving average price is $39.55 and its 200-day moving average price is $48.46. Whirlpool Corporation has a 52 week low of $35.45 and a 52 week high of $96.57. The company has a quick ratio of 0.71, a current ratio of 1.15 and a debt-to-equity ratio of 1.74. The stock has a market cap of $2.54 billion, a price-to-earnings ratio of 13.33, a PEG ratio of 16.86 and a beta of 1.18.

Whirlpool (NYSE:WHR) last announced its quarterly earnings data on Monday, August 3rd. The company reported ($0.21) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.06) by ($0.15). The firm had revenue of $3.52 billion during the quarter, compared to analysts’ expectations of $3.55 billion. Whirlpool had a return on equity of 4.18% and a net margin of 1.17%.Whirlpool’s revenue was down 6.8% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.34 earnings per share. Whirlpool has set its FY 2026 guidance at 2.500-3.000 EPS. On average, equities research analysts forecast that Whirlpool Corporation will post 2.25 earnings per share for the current fiscal 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.