Bogart Wealth LLC Acquires 228 Shares of Whirlpool Corporation $WHR

Bogart Wealth LLC raised its holdings in shares of Whirlpool Corporation (NYSE:WHR) by 80.6% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 511 shares of the company’s stock after purchasing an additional 228 shares during the period. Bogart Wealth LLC’s holdings in Whirlpool were worth $52,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently modified their holdings of the company. Cheviot Value Management LLC bought a new stake in shares of Whirlpool during the first quarter worth approximately $36,000. Ransom Advisory Ltd acquired a new position in shares of Whirlpool in the 1st quarter valued at $38,000. HHM Wealth Advisors LLC boosted its position in shares of Whirlpool by 77.2% in the 1st quarter. HHM Wealth Advisors LLC now owns 560 shares of the company’s stock worth $50,000 after purchasing an additional 244 shares during the last quarter. Legend Financial Advisors Inc. bought a new stake in Whirlpool in the second quarter valued at about $51,000. Finally, MassMutual Private Wealth & Trust FSB lifted its stake in Whirlpool by 315.6% in the second quarter. MassMutual Private Wealth & Trust FSB now owns 561 shares of the company’s stock valued at $57,000 after buying an additional 426 shares during the period. Institutional investors and hedge funds own 90.78% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts recently commented on WHR shares. Royal Bank Of Canada cut their price objective on shares of Whirlpool from $65.00 to $63.00 and set an “underperform” rating on the stock in a research report on Wednesday, July 30th. Weiss Ratings restated a “sell (d)” rating on shares of Whirlpool in a report on Wednesday, October 8th. Longbow Research raised Whirlpool from a “neutral” rating to a “buy” rating and set a $145.00 price objective for the company in a research report on Monday, June 30th. Stifel Nicolaus initiated coverage on Whirlpool in a research report on Wednesday, October 8th. They issued a “hold” rating and a $80.00 target price on the stock. Finally, Bank of America restated an “underperform” rating and issued a $70.00 target price (down previously from $100.00) on shares of Whirlpool in a research note on Tuesday, July 29th. Two investment analysts have rated the stock with a Buy rating, four have issued a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Reduce” and an average price target of $89.71.

Whirlpool Trading Up 2.6%

NYSE WHR opened at $74.52 on Wednesday. Whirlpool Corporation has a 12 month low of $71.00 and a 12 month high of $135.49. The company has a current ratio of 0.85, a quick ratio of 0.46 and a debt-to-equity ratio of 2.39. The stock has a 50 day moving average of $84.63 and a 200-day moving average of $86.27. The company has a market cap of $4.17 billion, a PE ratio of -28.12 and a beta of 1.17.

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

Whirlpool Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, December 15th. Shareholders of record on Friday, November 21st will be given a dividend of $0.90 per share. This represents a $3.60 dividend on an annualized basis and a yield of 4.8%. The ex-dividend date of this dividend is Friday, November 21st. Whirlpool’s payout ratio is -135.85%.

Whirlpool Profile

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.