IPG Investment Advisors LLC Acquires 31,200 Shares of Whirlpool Corporation $WHR

IPG Investment Advisors LLC grew its holdings in Whirlpool Corporation (NYSE:WHR) by 46.1% in the second quarter, HoldingsChannel.com reports. The institutional investor owned 98,935 shares of the company’s stock after acquiring an additional 31,200 shares during the period. IPG Investment Advisors LLC’s holdings in Whirlpool were worth $3,900,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also made changes to their positions in the company. WINTON GROUP Ltd acquired a new stake in Whirlpool during the 2nd quarter valued at $583,000. Engineers Gate Manager LP bought a new position in shares of Whirlpool in the second quarter valued at about $1,320,000. Integrated Wealth Concepts LLC acquired a new stake in shares of Whirlpool during the 2nd quarter worth about $270,000. IFP Advisors Inc grew its stake in Whirlpool by 112.9% in the 2nd quarter. IFP Advisors Inc now owns 2,891 shares of the company’s stock valued at $114,000 after buying an additional 1,533 shares during the last quarter. Finally, Allworth Financial LP raised its holdings in Whirlpool by 53.8% in the 2nd quarter. Allworth Financial LP now owns 2,258 shares of the company’s stock valued at $89,000 after acquiring an additional 790 shares during the period. 90.78% of the stock is owned by institutional investors and hedge funds.

Whirlpool Trading Down 2.2%

Shares of NYSE:WHR opened at $36.77 on Thursday. The business’s 50 day simple moving average is $39.50 and its 200 day simple moving average is $46.74. Whirlpool Corporation has a 1 year low of $35.45 and a 1 year high of $95.28. The company has a debt-to-equity ratio of 1.74, a current ratio of 1.15 and a quick ratio of 0.71. The company has a market capitalization of $2.40 billion, a P/E ratio of 12.59, a P/E/G ratio of 16.72 and a beta of 1.18.

Whirlpool (NYSE:WHR) last announced its quarterly earnings data on Monday, August 3rd. The company reported ($0.21) earnings per share for the quarter, missing the consensus estimate of ($0.06) by ($0.15). The company had revenue of $3.52 billion during the quarter, compared to analyst estimates of $3.55 billion. Whirlpool had a net margin of 1.17% and a return on equity of 4.18%. Whirlpool’s revenue was down 6.8% on a year-over-year basis. During the same period in the prior year, the firm earned $1.34 earnings per share. Whirlpool has set its FY 2026 guidance at 2.500-3.000 EPS. On average, research analysts anticipate that Whirlpool Corporation will post 2.25 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

WHR has been the subject of a number of research analyst reports. Citigroup restated a “neutral” rating on shares of Whirlpool in a report on Thursday, August 6th. Stifel Nicolaus decreased their price objective on Whirlpool from $45.00 to $37.00 and set a “hold” rating on the stock in a report on Thursday, July 23rd. Bank of America dropped their target price on Whirlpool from $43.00 to $36.00 and set an “underperform” rating for the company in a report on Monday, June 22nd. Raymond James Financial reissued a “market perform” rating on shares of Whirlpool in a research report on Wednesday, August 19th. Finally, BNP Paribas Exane assumed coverage on shares of Whirlpool in a research note on Monday, July 13th. They issued a “neutral” rating and a $43.00 price objective for the company. One investment analyst has rated the stock with a Buy rating, eight have given a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Reduce” and a consensus target price of $46.33.

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.