Whirlpool Corp. (NYSE:WHR) CEO Jeff Fettig sold 40,000 shares of Whirlpool Corp. stock in a transaction dated Tuesday, October 29th. The shares were sold at an average price of $146.27, for a total value of $5,850,800.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.
Shares of Whirlpool Corp. (NYSE:WHR) traded down 1.28% on Wednesday, hitting $147.03. The stock had a trading volume of 971,641 shares. Whirlpool Corp. has a 52-week low of $80.61 and a 52-week high of $138.33. The stock’s 50-day moving average is $133.0 and its 200-day moving average is $123.3. The company has a market cap of $11.541 billion and a P/E ratio of 15.67.
Whirlpool Corp. (NYSE:WHR) last announced its earnings results on Tuesday, October 22nd. The company reported $2.72 EPS for the quarter, beating the Thomson Reuters consensus estimate of $2.61 by $0.11. The company had revenue of $4.68 billion for the quarter, compared to the consensus estimate of $4.74 billion. During the same quarter in the prior year, the company posted $1.80 earnings per share. The company’s quarterly revenue was up 4.2% on a year-over-year basis. On average, analysts predict that Whirlpool Corp. will post $10.05 earnings per share for the current fiscal year.
The company also recently declared a quarterly dividend, which is scheduled for Sunday, December 15th. Investors of record on Friday, November 15th will be given a dividend of $0.63 per share. This represents a $2.50 dividend on an annualized basis and a yield of 1.70%. The ex-dividend date of this dividend is Wednesday, November 13th.
A number of research firms have recently commented on WHR. Analysts at Zacks reiterated a “neutral” rating on shares of Whirlpool Corp. in a research note to investors on Wednesday. They now have a $156.00 price target on the stock. Separately, analysts at McLean Capital Management upgraded shares of Whirlpool Corp. from a “sell” rating to a “neutral” rating in a research note to investors on Friday, October 25th. Finally, analysts at Raymond James reiterated a “buy” rating on shares of Whirlpool Corp. in a research note to investors on Thursday, October 24th. They now have a $150.00 price target on the stock. Five analysts have rated the stock with a hold rating and six have given a buy rating to the company. The stock has a consensus rating of “Buy” and a consensus price target of $160.00.
Whirlpool Corporation (NYSE:WHR) is a manufacturer and marketer of home appliances.
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