Capital Guardian Trust Co. Decreases Holdings in Whirlpool Co. (WHR)
Capital Guardian Trust Co. trimmed its position in shares of Whirlpool Co. (NYSE:WHR) by 0.2% during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 248,482 shares of the company’s stock after selling 500 shares during the period. Capital Guardian Trust Co. owned approximately 0.35% of Whirlpool worth $45,830,000 as of its most recent SEC filing.
Other large investors have also recently added to or reduced their stakes in the company. Dupont Capital Management Corp acquired a new position in Whirlpool during the second quarter worth $100,000. Sun Life Financial INC increased its position in shares of Whirlpool by 7,628.6% during the second quarter. Sun Life Financial INC now owns 541 shares of the company’s stock worth $104,000 after acquiring an additional 534 shares during the period. Northwestern Mutual Wealth Management Co. increased its position in shares of Whirlpool by 26.5% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 644 shares of the company’s stock worth $123,000 after acquiring an additional 135 shares during the period. Westwood Holdings Group Inc. purchased a new stake in shares of Whirlpool during the second quarter worth $153,000. Finally, WESPAC Advisors SoCal LLC purchased a new stake in shares of Whirlpool during the second quarter worth $191,000. Institutional investors own 92.74% of the company’s stock.
A number of analysts have recently weighed in on WHR shares. Zacks Investment Research lowered Whirlpool from a “hold” rating to a “strong sell” rating in a research report on Friday, October 27th. ValuEngine raised Whirlpool from a “hold” rating to a “buy” rating in a research report on Monday, October 2nd. Royal Bank Of Canada lowered Whirlpool from a “top pick” rating to a “sector perform” rating and cut their price objective for the stock from $209.00 to $184.00 in a research report on Tuesday, October 24th. MKM Partners set a $177.00 price objective on Whirlpool and gave the stock a “hold” rating in a research report on Friday, October 6th. Finally, Bank of America lowered Whirlpool from a “buy” rating to a “neutral” rating and set a $183.00 price objective on the stock. in a research report on Tuesday, October 24th. One analyst has rated the stock with a sell rating, six have issued a hold rating and one has assigned a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus price target of $183.60.
Whirlpool Co. (NYSE WHR) traded down $0.79 during trading on Friday, hitting $169.70. The stock had a trading volume of 558,031 shares, compared to its average volume of 804,026. Whirlpool Co. has a 1-year low of $158.80 and a 1-year high of $202.99. The company has a quick ratio of 0.55, a current ratio of 0.90 and a debt-to-equity ratio of 0.65. The stock has a market capitalization of $12,204.49, a price-to-earnings ratio of 12.12, a P/E/G ratio of 1.72 and a beta of 1.88.
Whirlpool (NYSE:WHR) last posted its earnings results on Monday, October 23rd. The company reported $3.83 EPS for the quarter, missing the consensus estimate of $3.90 by ($0.07). The business had revenue of $5.42 billion during the quarter, compared to analysts’ expectations of $5.50 billion. Whirlpool had a net margin of 3.76% and a return on equity of 18.45%. The business’s quarterly revenue was up 3.2% compared to the same quarter last year. During the same period last year, the company earned $3.66 EPS. equities research analysts expect that Whirlpool Co. will post 13.7 EPS for the current year.
The firm also recently announced a quarterly dividend, which will be paid on Friday, December 15th. Investors of record on Friday, November 17th will be issued a $1.10 dividend. This represents a $4.40 annualized dividend and a yield of 2.59%. The ex-dividend date of this dividend is Thursday, November 16th. Whirlpool’s dividend payout ratio (DPR) is presently 41.47%.
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Whirlpool Corporation is a manufacturer and marketer of home appliances. The Company’s segments include North America; Europe, Middle East and Africa (EMEA); Latin America, and Asia. In North America, the Company markets and distributes home appliances and small domestic appliances under a range of brand names.
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