Whirlpool (NYSE:WHR) Shares Gap Down – Time to Sell?

Shares of Whirlpool Corporation (NYSE:WHR) gapped down prior to trading on Tuesday . The stock had previously closed at $83.21, but opened at $75.00. Whirlpool shares last traded at $76.6760, with a volume of 966,144 shares traded.

Analysts Set New Price Targets

Several equities research analysts have issued reports on WHR shares. 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 research report on Friday, January 30th. Royal Bank Of Canada reaffirmed an “underperform” rating on shares of Whirlpool in a report on Wednesday, October 29th. JPMorgan Chase & Co. cut their target price 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. Weiss Ratings upgraded Whirlpool from a “sell (d)” rating to a “hold (c-)” rating in a research report on Thursday, February 12th. Finally, Wall Street Zen raised Whirlpool from a “sell” rating to a “hold” rating in a research note on Saturday, November 1st. Two equities research analysts have rated the stock with a Buy rating, five have given a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $85.43.

Whirlpool Stock Down 9.1%

The company has a market capitalization of $4.28 billion, a P/E ratio of 13.43, a PEG ratio of 1.39 and a beta of 1.25. The company has a debt-to-equity ratio of 2.06, a current ratio of 0.76 and a quick ratio of 0.40. The company has a 50 day moving average of $81.64 and a 200-day moving average of $80.52.

Whirlpool (NYSE:WHR) last released 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). The business had revenue of $4.10 billion during the quarter, compared to analysts’ expectations of $4.27 billion. Whirlpool had a return on equity of 12.98% and a net margin of 2.04%.The company’s quarterly revenue was down 1.0% compared to the same quarter last year. During the same quarter last year, the business posted $4.57 EPS. Whirlpool has set its FY 2026 guidance at 7.000-7.000 EPS. As a group, equities analysts anticipate that Whirlpool Corporation will post 9.52 EPS for the current year.

Whirlpool Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 26th. Investors 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 annualized dividend and a yield of 4.8%. Whirlpool’s payout ratio is 63.72%.

Institutional Investors Weigh In On Whirlpool

Large investors have recently modified their holdings of the stock. SG Americas Securities LLC boosted its position in shares of Whirlpool by 2,119.5% during the third quarter. SG Americas Securities LLC now owns 52,004 shares of the company’s stock valued at $4,088,000 after purchasing an additional 49,661 shares in the last quarter. Quinn Opportunity Partners LLC raised its holdings in Whirlpool by 30.4% in the second quarter. Quinn Opportunity Partners LLC now owns 77,273 shares of the company’s stock worth $7,837,000 after purchasing an additional 18,000 shares in the last quarter. Newport Trust Company LLC lifted its position in Whirlpool by 5.5% during the third quarter. Newport Trust Company LLC now owns 2,169,688 shares of the company’s stock valued at $170,537,000 after buying an additional 112,579 shares during the period. Geode Capital Management LLC boosted its holdings in shares of Whirlpool by 4.7% during the 2nd quarter. Geode Capital Management LLC now owns 1,221,838 shares of the company’s stock valued at $124,189,000 after buying an additional 54,584 shares in the last quarter. Finally, Curi Capital LLC purchased a new stake in shares of Whirlpool in the 2nd quarter worth about $57,699,000. Institutional investors own 90.78% of the company’s stock.

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.