Hodges Capital Management Inc. Takes $10.73 Million Position in Whirlpool Corporation $WHR

Hodges Capital Management Inc. purchased a new stake in Whirlpool Corporation (NYSE:WHR) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 148,784 shares of the company’s stock, valued at approximately $10,733,000.

A number of other large investors also recently modified their holdings of the company. NewEdge Advisors LLC raised its position in Whirlpool by 56.7% during the 1st quarter. NewEdge Advisors LLC now owns 3,120 shares of the company’s stock worth $281,000 after purchasing an additional 1,129 shares during the last quarter. Empowered Funds LLC raised its position in Whirlpool by 206.5% during the 1st quarter. Empowered Funds LLC now owns 8,528 shares of the company’s stock worth $769,000 after purchasing an additional 5,746 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in Whirlpool by 15.0% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 214,918 shares of the company’s stock worth $19,371,000 after purchasing an additional 27,995 shares during the last quarter. Invesco Ltd. raised its position in Whirlpool by 3.2% during the 2nd quarter. Invesco Ltd. now owns 229,566 shares of the company’s stock worth $23,283,000 after purchasing an additional 7,151 shares during the last quarter. Finally, EverSource Wealth Advisors LLC raised its position in Whirlpool by 129.2% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 369 shares of the company’s stock worth $37,000 after purchasing an additional 208 shares during the last quarter. 90.78% of the stock is currently owned by institutional investors.

Whirlpool Stock Performance

Shares of Whirlpool stock opened at $40.16 on Thursday. The company has a current ratio of 0.88, a quick ratio of 0.48 and a debt-to-equity ratio of 1.48. The business has a 50-day moving average price of $48.74 and a two-hundred day moving average price of $65.53. Whirlpool Corporation has a 1-year low of $38.38 and a 1-year high of $111.96. The company has a market cap of $2.60 billion, a P/E ratio of 13.66, a PEG ratio of 16.36 and a beta of 1.15.

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

Analyst Ratings Changes

Several research analysts recently issued reports on WHR shares. JPMorgan Chase & Co. lowered their target price on Whirlpool from $59.00 to $52.00 and set a “neutral” rating for the company in a research report on Monday, May 11th. Mizuho started coverage on Whirlpool in a research report on Monday, April 20th. They set a “neutral” rating and a $55.00 target price for the company. Zacks Research lowered Whirlpool from a “hold” rating to a “strong sell” rating in a research report on Tuesday, March 10th. Raymond James Financial reaffirmed a “market perform” rating on shares of Whirlpool in a research report on Monday, March 16th. Finally, Bank of America lowered their target price on Whirlpool from $60.00 to $50.00 and set an “underperform” rating for the company in a research report on Monday, April 20th. Two analysts have rated the stock with a Buy rating, seven have given a Hold rating and four have assigned a Sell rating to the company’s stock. According to MarketBeat, Whirlpool has an average rating of “Reduce” and a consensus target price of $68.89.

About Whirlpool

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.