Analysts Set Whirlpool Corporation (NYSE:WHR) Price Target at $82.00

Shares of Whirlpool Corporation (NYSE:WHR) have been given a consensus rating of “Reduce” by the eleven brokerages that are currently covering the stock, MarketBeat.com reports. Three analysts have rated the stock with a sell recommendation, six have assigned a hold recommendation and two have issued a buy recommendation on the company. The average 1-year price objective among brokers that have covered the stock in the last year is $82.00.

A number of research analysts have issued reports on WHR shares. Raymond James Financial reaffirmed a “market perform” rating on shares of Whirlpool in a report on Monday, March 16th. JPMorgan Chase & Co. dropped their price objective on shares of Whirlpool from $76.00 to $59.00 and set a “neutral” rating on the stock in a report on Friday, March 13th. Zacks Research downgraded Whirlpool from a “hold” rating to a “strong sell” rating in a research report on Tuesday, March 10th. Weiss Ratings upgraded Whirlpool from a “sell (d)” rating to a “hold (c-)” rating in a research note on Thursday, February 12th. Finally, Stifel Nicolaus lowered their price target on Whirlpool from $75.00 to $68.00 and set a “hold” rating for the company in a research report on Monday, March 2nd.

Whirlpool Price Performance

Shares of WHR stock opened at $55.36 on Wednesday. Whirlpool has a fifty-two week low of $50.41 and a fifty-two week high of $111.96. The firm has a market capitalization of $3.13 billion, a price-to-earnings ratio of 9.80, a PEG ratio of 2.73 and a beta of 1.30. The company has a debt-to-equity ratio of 2.06, a quick ratio of 0.40 and a current ratio of 0.76. The stock’s 50-day simple moving average is $69.68 and its 200-day simple moving average is $73.85.

Whirlpool (NYSE:WHR) last announced its quarterly earnings data on Wednesday, January 28th. The company reported $1.10 EPS for the quarter, missing the consensus estimate of $1.54 by ($0.44). The company had revenue of $4.10 billion during the quarter, compared to analysts’ expectations of $4.27 billion. Whirlpool had a net margin of 2.04% and a return on equity of 12.98%. The business’s revenue for the quarter was down 1.0% compared to the same quarter last year. During the same period in the previous year, the business earned $4.57 earnings per share. Whirlpool has set its FY 2026 guidance at 7.000-7.000 EPS. As a group, equities analysts forecast that Whirlpool will post 9.52 earnings per share for the current fiscal year.

Whirlpool Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, March 26th. Investors of record on Friday, February 27th were issued a dividend of $0.90 per share. The ex-dividend date of this dividend was Friday, February 27th. This represents a $3.60 dividend on an annualized basis and a dividend yield of 6.5%. Whirlpool’s payout ratio is 63.72%.

Hedge Funds Weigh In On Whirlpool

Several hedge funds and other institutional investors have recently bought and sold shares of WHR. Causeway Capital Management LLC boosted its holdings in shares of Whirlpool by 42.3% in the 3rd quarter. Causeway Capital Management LLC now owns 617,039 shares of the company’s stock valued at $48,499,000 after acquiring an additional 183,496 shares during the last quarter. SG Americas Securities LLC raised its holdings in shares of Whirlpool by 96.0% during the fourth quarter. SG Americas Securities LLC now owns 101,907 shares of the company’s stock worth $7,352,000 after purchasing an additional 49,903 shares during the last quarter. Russell Investments Group Ltd. raised its holdings in shares of Whirlpool by 34.0% during the third quarter. Russell Investments Group Ltd. now owns 401,640 shares of the company’s stock worth $31,569,000 after purchasing an additional 101,962 shares during the last quarter. Newport Trust Company LLC lifted its position in Whirlpool by 5.5% during the third quarter. Newport Trust Company LLC now owns 2,169,688 shares of the company’s stock valued at $170,537,000 after purchasing an additional 112,579 shares during the period. Finally, Curi Capital LLC purchased a new stake in Whirlpool in the second quarter valued at $57,699,000. Institutional investors and hedge funds own 90.78% of the company’s stock.

Whirlpool Company 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.