Harvest Investment Advisors LLC Purchases New Stake in Whirlpool Corporation $WHR

Harvest Investment Advisors LLC purchased a new stake in shares of Whirlpool Corporation (NYSE:WHR) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 17,765 shares of the company’s stock, valued at approximately $1,282,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. SG Americas Securities LLC raised its position in shares of Whirlpool by 96.0% during the 4th quarter. SG Americas Securities LLC now owns 101,907 shares of the company’s stock valued at $7,352,000 after acquiring an additional 49,903 shares in the last quarter. Causeway Capital Management LLC raised its position in shares of Whirlpool by 42.3% during 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 in the last quarter. M&T Bank Corp raised its position in shares of Whirlpool by 973.9% during the 4th quarter. M&T Bank Corp now owns 29,962 shares of the company’s stock valued at $2,161,000 after acquiring an additional 27,172 shares in the last quarter. Russell Investments Group Ltd. raised its position in shares of Whirlpool by 34.0% during the 3rd quarter. Russell Investments Group Ltd. now owns 401,640 shares of the company’s stock valued at $31,569,000 after acquiring an additional 101,962 shares in the last quarter. Finally, Envestnet Asset Management Inc. raised its position in shares of Whirlpool by 26.3% during the 3rd quarter. Envestnet Asset Management Inc. now owns 60,288 shares of the company’s stock valued at $4,739,000 after acquiring an additional 12,543 shares in the last quarter. 90.78% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

WHR has been the topic of several research reports. Wall Street Zen lowered Whirlpool from a “hold” rating to a “strong sell” rating in a research report on Saturday, May 9th. Bank of America dropped their target price on Whirlpool from $60.00 to $50.00 and set an “underperform” rating on the stock in a research report on Monday, April 20th. Zacks Research lowered Whirlpool from a “hold” rating to a “strong sell” rating in a research report on Tuesday, March 10th. Citigroup dropped their target price on Whirlpool from $60.00 to $50.00 and set a “neutral” rating on the stock in a research report on Monday, May 11th. Finally, BNP Paribas Exane raised Whirlpool to a “neutral” rating in a research report on Monday, March 16th. Two analysts have rated the stock with a Buy rating, seven have issued a Hold rating and four have given a Sell rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Reduce” and an average target price of $68.67.

Whirlpool Price Performance

Shares of NYSE WHR opened at $40.09 on Wednesday. Whirlpool Corporation has a 1-year low of $38.38 and a 1-year high of $111.96. The company has a debt-to-equity ratio of 1.48, a current ratio of 0.88 and a quick ratio of 0.48. The business’s fifty day moving average price is $47.70 and its two-hundred day moving average price is $64.56. The firm has a market capitalization of $2.60 billion, a PE ratio of 13.64, a P/E/G ratio of 16.52 and a beta of 1.15.

Whirlpool (NYSE:WHR) last issued its earnings results on Wednesday, May 6th. The company reported ($0.56) earnings per share for the quarter, missing the consensus estimate of $0.43 by ($0.99). Whirlpool had a return on equity of 7.68% and a net margin of 1.08%.The company had revenue of $3.27 billion during the quarter, compared to analyst estimates of $3.44 billion. During the same period in the prior year, the business earned $1.70 earnings per share. Whirlpool’s quarterly revenue was down 9.6% on a year-over-year basis. Whirlpool has set its FY 2026 guidance at 3.000-3.500 EPS. On average, research analysts expect that Whirlpool Corporation will post 2.53 EPS for the current 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.