Whirlpool (NYSE:WHR) Hits New 52-Week Low – What’s Next?

Whirlpool Corporation (NYSE:WHR)’s share price hit a new 52-week low during mid-day trading on Monday . The stock traded as low as $65.32 and last traded at $65.7420, with a volume of 1820193 shares. The stock had previously closed at $68.43.

Wall Street Analyst Weigh In

WHR has been the subject of several analyst reports. JPMorgan Chase & Co. dropped their price target on shares of Whirlpool from $78.00 to $76.00 and set a “neutral” rating for the company in a research report on Monday, February 2nd. Stifel Nicolaus dropped their target price on shares of Whirlpool from $82.00 to $75.00 and set a “hold” rating for the company in a report on Friday, January 30th. Weiss Ratings upgraded Whirlpool from a “sell (d)” rating to a “hold (c-)” rating in a report on Thursday, February 12th. Finally, Zacks Research lowered Whirlpool from a “strong-buy” rating to a “hold” rating in a research report on Monday, February 9th. Two analysts have rated the stock with a Buy rating, five have given a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $85.43.

Whirlpool Price Performance

The company has a market cap of $3.62 billion, a PE ratio of 11.35 and a beta of 1.27. The firm’s 50-day moving average is $81.19 and its 200-day moving average is $80.08. The company has a quick ratio of 0.40, a current ratio of 0.76 and a debt-to-equity ratio of 2.06.

Whirlpool (NYSE:WHR) last posted its quarterly earnings data on Wednesday, January 28th. The company reported $1.10 earnings per share for the quarter, missing the consensus estimate of $1.54 by ($0.44). Whirlpool had a net margin of 2.04% and a return on equity of 12.98%. The firm had revenue of $4.10 billion for the quarter, compared to the consensus estimate of $4.27 billion. During the same period in the previous year, the firm posted $4.57 earnings per share. The business’s revenue was down 1.0% compared to the same quarter last year. Whirlpool has set its FY 2026 guidance at 7.000-7.000 EPS. On average, equities analysts anticipate that Whirlpool Corporation will post 9.52 EPS for the current year.

Whirlpool Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 26th. Shareholders of record on Friday, February 27th will be issued a $0.90 dividend. The ex-dividend date is Friday, February 27th. This represents a $3.60 dividend on an annualized basis and a yield of 5.6%. Whirlpool’s dividend payout ratio is 63.72%.

Institutional Trading of Whirlpool

Hedge funds have recently modified their holdings of the business. Charles Schwab Investment Management Inc. increased its stake in shares of Whirlpool by 3.4% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 2,429,230 shares of the company’s stock worth $175,245,000 after acquiring an additional 80,122 shares in the last quarter. Newport Trust Company LLC boosted its stake in Whirlpool by 10.2% during the fourth quarter. Newport Trust Company LLC now owns 2,391,252 shares of the company’s stock worth $172,505,000 after acquiring an additional 221,564 shares in the last quarter. Geode Capital Management LLC grew its holdings in Whirlpool by 2.3% in the fourth quarter. Geode Capital Management LLC now owns 1,279,044 shares of the company’s stock worth $92,472,000 after purchasing an additional 29,162 shares during the period. Norges Bank bought a new position in shares of Whirlpool during the second quarter valued at approximately $71,595,000. Finally, Causeway Capital Management LLC increased its stake in shares of Whirlpool by 42.3% during the third quarter. Causeway Capital Management LLC now owns 617,039 shares of the company’s stock valued at $48,499,000 after purchasing an additional 183,496 shares in the last quarter. Institutional investors own 90.78% of the company’s stock.

Whirlpool Company 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.