First Dallas Securities Inc. Boosts Holdings in Whirlpool Corporation $WHR

First Dallas Securities Inc. grew its position in shares of Whirlpool Corporation (NYSE:WHR) by 28.2% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 12,527 shares of the company’s stock after purchasing an additional 2,752 shares during the period. First Dallas Securities Inc.’s holdings in Whirlpool were worth $1,270,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Cheviot Value Management LLC purchased a new position in Whirlpool during the first quarter worth about $36,000. Ransom Advisory Ltd purchased a new position in shares of Whirlpool during the first quarter worth about $38,000. HHM Wealth Advisors LLC grew its holdings in shares of Whirlpool by 77.2% during the first quarter. HHM Wealth Advisors LLC now owns 560 shares of the company’s stock worth $50,000 after purchasing an additional 244 shares in the last quarter. Legend Financial Advisors Inc. bought a new position in shares of Whirlpool in the second quarter worth approximately $51,000. Finally, Bogart Wealth LLC raised its stake in Whirlpool by 80.6% in the second quarter. Bogart Wealth LLC now owns 511 shares of the company’s stock valued at $52,000 after purchasing an additional 228 shares in the last quarter. Hedge funds and other institutional investors own 90.78% of the company’s stock.

Whirlpool Stock Down 1.2%

Shares of NYSE:WHR opened at $67.63 on Monday. The stock has a market capitalization of $3.80 billion, a P/E ratio of -20.13 and a beta of 1.18. The stock’s 50-day moving average price is $79.69 and its 200-day moving average price is $85.67. The company has a current ratio of 0.86, a quick ratio of 0.46 and a debt-to-equity ratio of 2.33. Whirlpool Corporation has a 12-month low of $67.15 and a 12-month high of $135.49.

Whirlpool (NYSE:WHR) last released its earnings results on Monday, October 27th. The company reported $2.09 earnings per share for the quarter, beating analysts’ consensus estimates of $1.41 by $0.68. Whirlpool had a positive return on equity of 19.49% and a negative net margin of 1.18%.The company had revenue of $4.03 billion during the quarter, compared to analyst estimates of $3.92 billion. During the same quarter in the previous year, the company posted $3.43 EPS. Whirlpool’s revenue for the quarter was up 1.0% on a year-over-year basis. Whirlpool has set its FY 2025 guidance at EPS. On average, equities analysts anticipate that Whirlpool Corporation will post 9.52 earnings per share for the current year.

Whirlpool Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, December 15th. Stockholders of record on Friday, November 21st will be issued a $0.90 dividend. The ex-dividend date is Friday, November 21st. This represents a $3.60 annualized dividend and a dividend yield of 5.3%. Whirlpool’s dividend payout ratio (DPR) is currently -107.14%.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on WHR shares. The Goldman Sachs Group decreased their price target on shares of Whirlpool from $107.00 to $93.00 and set a “buy” rating on the stock in a report on Monday, October 13th. Weiss Ratings reiterated a “sell (d)” rating on shares of Whirlpool in a research report on Wednesday, October 8th. Loop Capital restated a “hold” rating and set a $88.00 price target on shares of Whirlpool in a research report on Monday, August 4th. Royal Bank Of Canada reiterated an “underperform” rating on shares of Whirlpool in a report on Wednesday, October 29th. Finally, Bank of America reissued an “underperform” rating and set a $70.00 price objective (down from $100.00) on shares of Whirlpool in a report on Tuesday, July 29th. Two research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat, Whirlpool currently has a consensus rating of “Reduce” and an average target price of $86.43.

Whirlpool Profile

Whirlpool Corporation manufactures and markets home appliances and related products and services in the North America, Europe, the Middle East, Africa, Latin America, and Asia. The company's principal products include refrigerators, freezers, ice makers, and refrigerator water filters; laundry appliances, and commercial laundry products and related laundry accessories; cooking and other small domestic appliances; and dishwasher appliances and related accessories, as well as mixers.