Thomson Reuters/Verus upgraded shares of Whirlpool Corp. (NYSE:WHR) from a sell rating to a hold rating in a report released on Monday, American Banking News reports.
Shares of Whirlpool Corp. (NYSE:WHR) opened at 128.74 on Monday. Whirlpool Corp. has a one year low of $73.36 and a one year high of $138.33. The stock’s 50-day moving average is $130.1 and its 200-day moving average is $121.5. The company has a market cap of $10.205 billion and a price-to-earnings ratio of 15.93.
The company also recently announced a quarterly dividend, which is scheduled for Sunday, September 15th. Shareholders of record on Friday, August 30th will be paid a dividend of $0.63 per share. This represents a $2.50 annualized dividend and a dividend yield of 1.94%. The ex-dividend date is Wednesday, August 28th.
WHR has been the subject of a number of other recent research reports. Analysts at Zacks reiterated a neutral rating on shares of Whirlpool Corp. in a research note to investors on Wednesday, July 31st. They now have a $138.00 price target on the stock. Separately, analysts at KeyCorp raised their price target on shares of Whirlpool Corp. to $140.00 in a research note to investors on Thursday, July 18th. They now have a buy rating on the stock. Finally, analysts at Raymond James raised their price target on shares of Whirlpool Corp. from $125.00 to $130.00 in a research note to investors on Wednesday, July 17th. They now have an outperform rating on the stock.
Three equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. Whirlpool Corp. has a consensus rating of Buy and a consensus target price of $133.86.
In other Whirlpool Corp. news, Insider Marc Bitzer sold 43,427 shares of Whirlpool Corp. stock on the open market in a transaction dated Thursday, August 22nd. The shares were sold at an average price of $135.60, for a total transaction of $5,888,701.20. Following the sale, the insider now directly owns 34,257 shares of the company’s stock. The transaction was disclosed in a document filed with the SEC, which is available at this link.
Whirlpool Corporation (NYSE:WHR) is a manufacturer and marketer of home appliances.
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