Whirlpool Co. (NYSE:WHR) hit a new 52-week low during trading on Wednesday . The company traded as low as $119.82 and last traded at $120.60, with a volume of 32815 shares. The stock had previously closed at $121.74.

A number of brokerages have recently commented on WHR. Zacks Investment Research upgraded shares of Whirlpool from a “sell” rating to a “hold” rating in a report on Sunday, July 15th. Standpoint Research began coverage on shares of Whirlpool in a report on Tuesday, July 10th. They set a “buy” rating for the company. Longbow Research downgraded shares of Whirlpool from a “buy” rating to a “neutral” rating and set a $185.00 price target for the company. in a report on Tuesday, July 24th. Credit Suisse Group set a $175.00 price target on shares of Whirlpool and gave the stock a “buy” rating in a report on Tuesday, July 24th. Finally, ValuEngine downgraded shares of Whirlpool from a “sell” rating to a “strong sell” rating in a report on Saturday, June 2nd. Two equities research analysts have rated the stock with a sell rating, six have given a hold rating and five have issued a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus price target of $174.75.

The firm has a market cap of $7.83 billion, a PE ratio of 8.66, a P/E/G ratio of 0.92 and a beta of 1.58. The company has a debt-to-equity ratio of 1.43, a quick ratio of 0.59 and a current ratio of 0.92.

Whirlpool (NYSE:WHR) last released its earnings results on Monday, July 23rd. The company reported $3.20 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $3.63 by ($0.43). Whirlpool had a negative net margin of 2.62% and a positive return on equity of 20.73%. The company had revenue of $5.14 billion during the quarter, compared to analysts’ expectations of $5.29 billion. During the same quarter in the previous year, the firm posted $3.35 earnings per share. Whirlpool’s revenue for the quarter was down 3.9% compared to the same quarter last year. analysts forecast that Whirlpool Co. will post 14.2 EPS for the current fiscal year.

The business also recently announced a quarterly dividend, which was paid on Saturday, September 15th. Investors of record on Friday, August 31st were issued a $1.15 dividend. The ex-dividend date of this dividend was Thursday, August 30th. This represents a $4.60 dividend on an annualized basis and a yield of 3.87%. Whirlpool’s payout ratio is 33.48%.

In related news, Director Diane M. Dietz bought 1,600 shares of the stock in a transaction that occurred on Thursday, July 26th. The stock was purchased at an average cost of $124.26 per share, for a total transaction of $198,816.00. Following the completion of the acquisition, the director now owns 8,339 shares in the company, valued at $1,036,204.14. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 2.83% of the stock is currently owned by insiders.

Institutional investors have recently added to or reduced their stakes in the stock. BlackRock Inc. boosted its holdings in Whirlpool by 4.1% in the first quarter. BlackRock Inc. now owns 4,927,601 shares of the company’s stock worth $754,464,000 after acquiring an additional 196,000 shares in the last quarter. Toronto Dominion Bank boosted its holdings in Whirlpool by 22.0% in the first quarter. Toronto Dominion Bank now owns 39,219 shares of the company’s stock worth $6,003,000 after acquiring an additional 7,067 shares in the last quarter. Stratos Wealth Partners LTD. boosted its holdings in Whirlpool by 58.8% in the first quarter. Stratos Wealth Partners LTD. now owns 1,326 shares of the company’s stock worth $203,000 after acquiring an additional 491 shares in the last quarter. IBM Retirement Fund bought a new position in Whirlpool in the first quarter worth approximately $234,000. Finally, Norinchukin Bank The boosted its holdings in Whirlpool by 12.7% in the first quarter. Norinchukin Bank The now owns 6,478 shares of the company’s stock worth $992,000 after acquiring an additional 732 shares in the last quarter. Hedge funds and other institutional investors own 93.11% of the company’s stock.

Whirlpool Company Profile (NYSE:WHR)

Whirlpool Corporation manufactures and markets home appliances and related products. It operates through four segments: North America; Europe, Middle East and Africa; Latin America; and Asia. The company's principal products include laundry appliances, refrigerators and freezers, cooking appliances, dishwashers, mixers, and other small domestic appliances.

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