Whirlpool Co. (NYSE:WHR) Shares Bought by River Global Investors LLP

River Global Investors LLP raised its stake in Whirlpool Co. (NYSE:WHR) by 20.6% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 10,378 shares of the company’s stock after purchasing an additional 1,771 shares during the period. River Global Investors LLP’s holdings in Whirlpool were worth $1,263,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. SVB Wealth LLC lifted its holdings in Whirlpool by 6.8% during the 3rd quarter. SVB Wealth LLC now owns 2,727 shares of the company’s stock worth $365,000 after buying an additional 173 shares during the last quarter. Cambridge Investment Research Advisors Inc. lifted its stake in Whirlpool by 9.4% during the third quarter. Cambridge Investment Research Advisors Inc. now owns 15,292 shares of the company’s stock worth $2,045,000 after purchasing an additional 1,318 shares during the last quarter. Xponance Inc. increased its stake in Whirlpool by 6.1% during the third quarter. Xponance Inc. now owns 8,878 shares of the company’s stock valued at $1,187,000 after purchasing an additional 509 shares during the last quarter. Raymond James & Associates raised its holdings in shares of Whirlpool by 4.6% during the third quarter. Raymond James & Associates now owns 78,769 shares of the company’s stock worth $10,531,000 after purchasing an additional 3,479 shares during the period. Finally, Forsta AP Fonden lifted its position in shares of Whirlpool by 2.2% in the 3rd quarter. Forsta AP Fonden now owns 23,000 shares of the company’s stock worth $3,075,000 after buying an additional 500 shares during the last quarter. Institutional investors and hedge funds own 90.78% of the company’s stock.

Whirlpool Stock Performance

Shares of NYSE:WHR traded up $1.05 on Friday, hitting $95.56. The company’s stock had a trading volume of 1,040,809 shares, compared to its average volume of 1,408,070. The company has a market capitalization of $5.22 billion, a price-to-earnings ratio of 13.16 and a beta of 1.52. The company has a debt-to-equity ratio of 2.56, a quick ratio of 0.58 and a current ratio of 0.95. Whirlpool Co. has a 12 month low of $91.90 and a 12 month high of $160.62. The stock’s 50-day moving average is $107.68 and its two-hundred day moving average is $111.46.

Whirlpool (NYSE:WHR) last announced its earnings results on Wednesday, April 24th. The company reported $1.78 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.61 by $0.17. Whirlpool had a net margin of 2.07% and a return on equity of 35.16%. The firm had revenue of $4.49 billion during the quarter, compared to analyst estimates of $4.42 billion. During the same quarter in the prior year, the firm posted $2.66 EPS. Whirlpool’s revenue was down 3.4% compared to the same quarter last year. On average, equities research analysts forecast that Whirlpool Co. will post 12.53 EPS for the current year.

Whirlpool Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Saturday, June 15th. Investors of record on Friday, May 17th will be issued a dividend of $1.75 per share. The ex-dividend date is Thursday, May 16th. This represents a $7.00 annualized dividend and a yield of 7.33%. Whirlpool’s payout ratio is 96.42%.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on the stock. Royal Bank of Canada lowered their price objective on shares of Whirlpool from $85.00 to $79.00 and set an “underperform” rating for the company in a research report on Friday, April 26th. StockNews.com downgraded Whirlpool from a “buy” rating to a “hold” rating in a report on Friday, April 26th. Loop Capital assumed coverage on Whirlpool in a research note on Thursday, February 22nd. They set a “buy” rating and a $140.00 price objective for the company. TheStreet upgraded Whirlpool from a “d+” rating to a “c+” rating in a research note on Monday, January 29th. Finally, JPMorgan Chase & Co. reduced their price target on shares of Whirlpool from $120.00 to $111.00 and set a “neutral” rating for the company in a report on Friday, February 2nd. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and one has issued a buy rating to the company’s stock. According to data from MarketBeat, Whirlpool presently has a consensus rating of “Hold” and an average price target of $113.40.

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.