Jupiter Topco LLC bought a new position in Whirlpool Corporation (NYSE:WHR – Free Report) in the 2nd quarter, Holdings Channel.com reports. The institutional investor bought 27,900 shares of the company’s stock, valued at approximately $1,100,000.
Several other institutional investors also recently bought and sold shares of WHR. Primecap Management Co. CA purchased a new position in shares of Whirlpool during the 2nd quarter worth $141,801,000. Charles Schwab Investment Management Inc. grew its position in shares of 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 period. RWWM Inc. increased its stake in Whirlpool by 191.6% in 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 last quarter. Newport Trust Company LLC lifted its position in Whirlpool by 10.2% during the fourth quarter. Newport Trust Company LLC now owns 2,391,252 shares of the company’s stock worth $172,505,000 after buying an additional 221,564 shares during the period. Finally, Canada Pension Plan Investment Board purchased a new position in Whirlpool during the second quarter worth about $61,003,000. 90.78% of the stock is currently owned by institutional investors and hedge funds.
Analyst Ratings Changes
WHR has been the subject of several recent analyst reports. JPMorgan Chase & Co. lowered their price target on Whirlpool from $59.00 to $52.00 and set a “neutral” rating for the company in a report on Monday, May 11th. Royal Bank Of Canada increased their price objective on shares of Whirlpool from $30.00 to $32.00 and gave the stock an “underperform” rating in a report on Wednesday, August 5th. Zacks Research raised shares of Whirlpool from a “strong sell” rating to a “hold” rating in a research report on Thursday, August 6th. Mizuho dropped their price target on shares of Whirlpool from $45.00 to $40.00 and set a “neutral” rating for the company in a research report on Tuesday, July 21st. Finally, Stifel Nicolaus decreased their price target on shares of Whirlpool from $45.00 to $37.00 and set a “hold” rating on the stock in a report on Thursday, July 23rd. One 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’s stock. Based on data from MarketBeat, Whirlpool has an average rating of “Reduce” and an average target price of $46.33.
Whirlpool Stock Performance
Shares of NYSE:WHR opened at $39.37 on Friday. The business has a 50-day moving average of $39.57 and a two-hundred day moving average of $48.05. The firm has a market capitalization of $2.57 billion, a PE ratio of 13.48, a P/E/G ratio of 17.47 and a beta of 1.18. The company has a debt-to-equity ratio of 1.74, a current ratio of 1.15 and a quick ratio of 0.71. Whirlpool Corporation has a 12 month low of $35.45 and a 12 month high of $96.57.
Whirlpool (NYSE:WHR – Get Free Report) last released its quarterly earnings data on Monday, August 3rd. The company reported ($0.21) earnings per share for the quarter, missing the consensus estimate of ($0.06) by ($0.15). The firm had revenue of $3.52 billion during the quarter, compared to analyst estimates of $3.55 billion. Whirlpool had a net margin of 1.17% and a return on equity of 4.18%. The business’s revenue for the quarter was down 6.8% on a year-over-year basis. During the same period in the prior year, the firm earned $1.34 earnings per share. Whirlpool has set its FY 2026 guidance at 2.500-3.000 EPS. As a group, research analysts forecast that Whirlpool Corporation will post 2.25 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.
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