Whirlpool Corporation (NYSE:WHR – Get Free Report)’s share price gapped down prior to trading on Wednesday. The stock had previously closed at $27.42, but opened at $26.06. Whirlpool shares last traded at $26.4260, with a volume of 1,290,806 shares changing hands.
More Whirlpool News
Here are the key news stories impacting Whirlpool this week:
- Positive Sentiment: Whirlpool said it delivered sequential operational improvement in the third quarter through pricing actions and structural cost reductions. Management also announced additional fourth-quarter price increases in its North American and Latin American appliance businesses. Whirlpool Corporation Announces Third-Quarter Results
- Positive Sentiment: The company maintained its 2026 free-cash-flow target of approximately $300 million and improved its year-end net-debt expectation to below $4.5 billion from below $5 billion, supporting the potential for balance-sheet repair if cash flow recovers. Has Whirlpool Fallen Far Enough If Cash Flow Recovers?
- Neutral Sentiment: Some commentary argues the selloff may be excessive if housing and appliance demand stabilize and Whirlpool executes on cost controls, debt reduction and free-cash-flow improvements. However, this remains dependent on a meaningful recovery in operating conditions. Whirlpool’s Stock Collapse Raises a Bigger Question About Its Recovery Potential
- Negative Sentiment: Third-quarter adjusted EPS was a loss of $0.21 versus an expected profit of $0.73, while revenue declined 8.8% year over year to $3.68 billion and missed estimates. GAAP diluted loss was $3.80 per share, reflecting significant profitability pressure. Whirlpool Reports Q3 Loss, Misses Revenue Estimates
- Negative Sentiment: Whirlpool cut its 2026 outlook to approximately $14.5 billion in sales, a $4.95 GAAP loss per share and a $1.30 ongoing loss per share. Weak appliance demand, raw-material and fuel inflation, and housing-market softness are weighing on results. Why Is Whirlpool Stock Falling Tuesday?
- Negative Sentiment: Analyst sentiment has deteriorated: Bank of America maintained an Underperform rating with a $25 target, while Stifel lowered its target to $30 and retained a Hold rating. A new $2 billion asset-based lending facility also highlights ongoing liquidity and refinancing risks. Whirlpool Analyst Remains Bearish Following Q3 EBIT Miss
Analyst Upgrades and Downgrades
A number of equities analysts have recently issued reports on WHR shares. Mizuho dropped their price objective on shares of Whirlpool from $45.00 to $40.00 and set a “neutral” rating for the company in a research note on Tuesday, July 21st. Raymond James Financial reissued a “market perform” rating on shares of Whirlpool in a research note on Wednesday, August 19th. Weiss Ratings reissued a “sell (d)” rating on shares of Whirlpool in a research note on Wednesday, August 5th. Longbow Research reissued a “neutral” rating on shares of Whirlpool in a research report on Monday, October 19th. Finally, The Goldman Sachs Group set a $35.00 price objective on Whirlpool in a report on Tuesday. Eight equities research analysts have rated the stock with a Hold rating and five have issued a Sell rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Reduce” and a consensus price target of $32.44.
Whirlpool Trading Down 0.8%
The firm has a market capitalization of $1.77 billion, a price-to-earnings ratio of -12.52 and a beta of 1.21. The firm has a fifty day moving average price of $33.33 and a 200 day moving average price of $49.68.
Whirlpool (NYSE:WHR – Get Free Report) last released its quarterly earnings results on Monday, October 26th. The company reported ($0.21) earnings per share for the quarter, missing analysts’ consensus estimates of $0.73 by ($0.94). The company had revenue of $3.68 billion during the quarter, compared to analysts’ expectations of $3.93 billion. During the same period last year, the company earned $2.09 earnings per share. Whirlpool’s quarterly revenue was down 8.8% on a year-over-year basis. As a group, equities analysts predict that Whirlpool Corporation will post 1.13 EPS for the current fiscal year.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Primecap Management Co. CA bought a new stake in Whirlpool during the 2nd quarter worth about $141,801,000. RWWM Inc. raised its stake in shares of Whirlpool by 191.6% in the first quarter. RWWM Inc. now owns 2,422,618 shares of the company’s stock worth $130,628,000 after acquiring an additional 1,591,849 shares during the last quarter. Canada Pension Plan Investment Board bought a new position in shares of Whirlpool in the second quarter worth about $61,003,000. Nykredit A S bought a new position in shares of Whirlpool in the second quarter worth about $51,953,000. Finally, Connor Clark & Lunn Investment Management Ltd. acquired a new position in shares of Whirlpool during the second quarter worth approximately $24,601,000. Institutional investors and hedge funds own 90.78% of the company’s stock.
Whirlpool Company Profile
Whirlpool Corporation (NYSE: WHR) is a global manufacturer and marketer of home appliances. The company develops products designed for kitchens and laundry rooms, including refrigerators and freezers, cooking appliances, dishwashers, washing machines and dryers, and related household appliances.
Whirlpool sells products under a portfolio of well-known brands, including Whirlpool, Maytag, KitchenAid, JennAir and Amana. Its products are distributed through retailers, builders, distributors and other sales channels to residential customers in North America and international markets.
The company traces its history to 1911, when it was founded as the Upton Machine Company in Benton Harbor, Michigan.
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