Whirlpool Corporation $WHR Stake Raised by Angeles Wealth Management LLC

Angeles Wealth Management LLC boosted its holdings in shares of Whirlpool Corporation (NYSE:WHR) by 196.9% in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 38,697 shares of the company’s stock after acquiring an additional 25,663 shares during the quarter. Angeles Wealth Management LLC’s holdings in Whirlpool were worth $2,087,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Bank of New York Mellon Corp grew its holdings in shares of Whirlpool by 14.1% during the 1st quarter. Bank of New York Mellon Corp now owns 375,932 shares of the company’s stock valued at $20,270,000 after acquiring an additional 46,509 shares in the last quarter. NFSG Corp acquired a new position in shares of Whirlpool in the first quarter worth $146,000. RWWM Inc. raised its holdings in shares of Whirlpool by 191.6% during the first quarter. RWWM Inc. now owns 2,422,618 shares of the company’s stock worth $130,628,000 after acquiring an additional 1,591,849 shares in the last quarter. Calamos Wealth Management LLC acquired a new stake in Whirlpool during the first quarter valued at $281,000. Finally, Calamos Advisors LLC acquired a new stake in Whirlpool during the first quarter valued at $281,000. Hedge funds and other institutional investors own 90.78% of the company’s stock.

Whirlpool Trading Up 3.3%

Shares of NYSE:WHR opened at $39.85 on Friday. The stock has a market capitalization of $2.58 billion, a PE ratio of 13.55, a P/E/G ratio of 22.30 and a beta of 1.16. Whirlpool Corporation has a 1 year low of $36.01 and a 1 year high of $100.49. The firm has a fifty day moving average price of $40.28 and a 200 day moving average price of $58.71. The company has a current ratio of 0.88, a quick ratio of 0.48 and a debt-to-equity ratio of 1.48.

Whirlpool (NYSE:WHR) last posted 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 net margin of 1.08% and a return on equity of 7.68%. The company had revenue of $3.27 billion for the quarter, compared to the consensus estimate of $3.44 billion. During the same quarter last 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. Analysts expect that Whirlpool Corporation will post 1.73 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of brokerages have commented on WHR. Citigroup lowered their target price on Whirlpool from $50.00 to $42.00 and set a “neutral” rating on the stock in a research note on Tuesday. Wall Street Zen upgraded Whirlpool from a “strong sell” rating to a “sell” rating in a report on Saturday, June 27th. JPMorgan Chase & Co. reduced their price target on Whirlpool from $59.00 to $52.00 and set a “neutral” rating for the company in a report on Monday, May 11th. Royal Bank Of Canada lowered their price target on Whirlpool from $32.00 to $30.00 and set an “underperform” rating for the company in a research note on Tuesday, June 16th. Finally, Mizuho assumed coverage on Whirlpool in a report on Monday, April 20th. They issued a “neutral” rating and a $55.00 price objective on the stock. One research analyst has rated the stock with a Buy rating, seven have given a Hold rating and four have given a Sell rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Reduce” and an average target price of $54.89.

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.