Lion Street Advisors LLC Has $1.08 Million Position in Whirlpool Corporation $WHR

Lion Street Advisors LLC lifted its stake in shares of Whirlpool Corporation (NYSE:WHR) by 23.4% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 10,670 shares of the company’s stock after acquiring an additional 2,025 shares during the period. Lion Street Advisors LLC’s holdings in Whirlpool were worth $1,082,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Cheviot Value Management LLC acquired a new position in Whirlpool during the first quarter worth $36,000. Ransom Advisory Ltd acquired a new position in Whirlpool during the first quarter worth $38,000. UMB Bank n.a. raised its holdings in Whirlpool by 40.4% during the first quarter. UMB Bank n.a. now owns 448 shares of the company’s stock worth $40,000 after buying an additional 129 shares during the last quarter. HHM Wealth Advisors LLC raised its holdings in Whirlpool by 77.2% during the first quarter. HHM Wealth Advisors LLC now owns 560 shares of the company’s stock worth $50,000 after buying an additional 244 shares during the last quarter. Finally, Legend Financial Advisors Inc. acquired a new position in Whirlpool during the second quarter worth $51,000. Institutional investors and hedge funds own 90.78% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on WHR. Loop Capital restated a “hold” rating and set a $88.00 price objective on shares of Whirlpool in a report on Monday, August 4th. Longbow Research upgraded shares of Whirlpool from a “neutral” rating to a “buy” rating and set a $145.00 price objective on the stock in a report on Monday, June 30th. Bank of America restated an “underperform” rating and set a $70.00 price objective (down previously from $100.00) on shares of Whirlpool in a report on Tuesday, July 29th. Weiss Ratings restated a “sell (d)” rating on shares of Whirlpool in a report on Wednesday, October 8th. Finally, Zacks Research upgraded shares of Whirlpool from a “strong sell” rating to a “hold” rating in a report on Tuesday, September 30th. Two research analysts have rated the stock with a Buy rating, four have issued a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat, the company has an average rating of “Reduce” and an average target price of $96.14.

Whirlpool Stock Performance

Shares of WHR stock opened at $71.41 on Monday. The firm has a 50-day moving average of $86.12 and a 200-day moving average of $87.03. The company has a market cap of $3.99 billion, a P/E ratio of -26.95 and a beta of 1.17. The company has a debt-to-equity ratio of 2.39, a current ratio of 0.85 and a quick ratio of 0.46. Whirlpool Corporation has a one year low of $71.33 and a one year high of $135.49.

Whirlpool (NYSE:WHR) last announced its earnings results on Monday, July 28th. The company reported $1.34 EPS for the quarter, missing the consensus estimate of $1.54 by ($0.20). The firm had revenue of $3.77 billion during the quarter, compared to analysts’ expectations of $3.88 billion. Whirlpool had a negative net margin of 0.95% and a positive return on equity of 20.81%. The business’s revenue for the quarter was down 5.4% on a year-over-year basis. During the same quarter in the prior year, the company earned $2.39 EPS. Whirlpool has set its FY 2025 guidance at 6.000-8.000 EPS. Equities research analysts forecast that Whirlpool Corporation will post 9.52 EPS for the current fiscal year.

Whirlpool Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, September 15th. Investors of record on Friday, August 29th were given a dividend of $0.90 per share. The ex-dividend date was Friday, August 29th. This represents a $3.60 annualized dividend and a yield of 5.0%. Whirlpool’s dividend payout ratio is presently -135.85%.

About Whirlpool

Whirlpool Corporation manufactures and markets home appliances and related products and services in the North America, Europe, the Middle East, Africa, Latin America, and Asia. The company's principal products include refrigerators, freezers, ice makers, and refrigerator water filters; laundry appliances, and commercial laundry products and related laundry accessories; cooking and other small domestic appliances; and dishwasher appliances and related accessories, as well as mixers.