Fishman Jay A Ltd. MI Sells 18,110 Shares of Whirlpool Corporation $WHR

Fishman Jay A Ltd. MI lessened its position in Whirlpool Corporation (NYSE:WHR) by 11.7% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 136,862 shares of the company’s stock after selling 18,110 shares during the quarter. Whirlpool makes up about 0.9% of Fishman Jay A Ltd. MI’s investment portfolio, making the stock its 24th largest holding. Fishman Jay A Ltd. MI owned about 0.24% of Whirlpool worth $10,757,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in WHR. Charles Schwab Investment Management Inc. lifted its position in Whirlpool by 2.8% during the second quarter. Charles Schwab Investment Management Inc. now owns 2,299,425 shares of the company’s stock valued at $233,208,000 after buying an additional 63,448 shares during the period. Newport Trust Company LLC increased its stake in shares of Whirlpool by 5.5% in the 3rd quarter. Newport Trust Company LLC now owns 2,169,688 shares of the company’s stock worth $170,537,000 after acquiring an additional 112,579 shares in the last quarter. Geode Capital Management LLC lifted its position in Whirlpool by 4.7% during the 2nd quarter. Geode Capital Management LLC now owns 1,221,838 shares of the company’s stock valued at $124,189,000 after acquiring an additional 54,584 shares during the period. Norges Bank bought a new stake in Whirlpool during the second quarter worth about $71,595,000. Finally, Curi Capital LLC purchased a new stake in Whirlpool in the second quarter worth about $57,699,000. 90.78% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several analysts recently weighed in on the company. Weiss Ratings restated a “sell (d)” rating on shares of Whirlpool in a research note on Wednesday, January 21st. JPMorgan Chase & Co. dropped their price target on shares of Whirlpool from $78.00 to $76.00 and set a “neutral” rating on the stock in a research note on Monday. Royal Bank Of Canada reaffirmed an “underperform” rating on shares of Whirlpool in a report on Wednesday, October 29th. Stifel Nicolaus decreased their price objective on shares of Whirlpool from $82.00 to $75.00 and set a “hold” rating for the company in a report on Friday, January 30th. Finally, Zacks Research raised shares of Whirlpool from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, January 13th. One analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, three have issued a Hold rating and three have given a Sell rating to the company. According to MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $85.43.

Whirlpool Stock Performance

NYSE:WHR opened at $85.08 on Friday. The stock’s 50 day simple moving average is $79.29 and its two-hundred day simple moving average is $80.80. The company has a debt-to-equity ratio of 2.06, a current ratio of 0.76 and a quick ratio of 0.40. Whirlpool Corporation has a 1 year low of $65.35 and a 1 year high of $111.96. The company has a market cap of $4.78 billion, a price-to-earnings ratio of 15.06, a PEG ratio of 1.44 and a beta of 1.25.

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

Whirlpool 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.