LSV Asset Management Has $127.08 Million Stake in Whirlpool Corporation $WHR

LSV Asset Management reduced its position in shares of Whirlpool Corporation (NYSE:WHR) by 4.0% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,253,051 shares of the company’s stock after selling 51,910 shares during the period. LSV Asset Management owned about 2.24% of Whirlpool worth $127,084,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Charles Schwab Investment Management Inc. boosted its position in Whirlpool by 5.6% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 2,235,977 shares of the company’s stock worth $201,529,000 after acquiring an additional 117,964 shares during the last quarter. Newport Trust Company LLC lifted its position in shares of Whirlpool by 11.4% in the first quarter. Newport Trust Company LLC now owns 1,806,101 shares of the company’s stock worth $162,784,000 after purchasing an additional 184,132 shares in the last quarter. Dimensional Fund Advisors LP boosted its holdings in Whirlpool by 25.5% during the first quarter. Dimensional Fund Advisors LP now owns 1,723,612 shares of the company’s stock worth $155,343,000 after purchasing an additional 350,397 shares during the last quarter. Geode Capital Management LLC grew its position in Whirlpool by 4.7% in the second quarter. Geode Capital Management LLC now owns 1,221,838 shares of the company’s stock valued at $124,189,000 after purchasing an additional 54,584 shares in the last quarter. Finally, HighTower Advisors LLC increased its stake in Whirlpool by 1.3% in the 1st quarter. HighTower Advisors LLC now owns 1,047,645 shares of the company’s stock valued at $94,424,000 after buying an additional 13,038 shares during the last quarter. Institutional investors and hedge funds own 90.78% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have recently commented on the stock. Loop Capital restated a “hold” rating and set a $88.00 price objective on shares of Whirlpool in a research note on Monday, August 4th. Bank of America reissued an “underperform” rating and set a $70.00 price target (down from $100.00) on shares of Whirlpool in a research report on Tuesday, July 29th. The Goldman Sachs Group lowered their price target on Whirlpool from $107.00 to $93.00 and set a “buy” rating on the stock in a research report on Monday, October 13th. Weiss Ratings reiterated a “sell (d)” rating on shares of Whirlpool in a research note on Wednesday, October 8th. Finally, Royal Bank Of Canada reissued an “underperform” rating on shares of Whirlpool in a research note on Wednesday, October 29th. Two investment analysts have rated the stock with a Buy rating, four have given a Hold rating and three have given a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Reduce” and a consensus target price of $86.43.

Whirlpool Price Performance

NYSE:WHR opened at $68.30 on Tuesday. Whirlpool Corporation has a 52 week low of $65.35 and a 52 week high of $135.49. The company has a debt-to-equity ratio of 2.33, a quick ratio of 0.46 and a current ratio of 0.86. The firm’s 50-day simple moving average is $76.63 and its 200 day simple moving average is $85.25. The firm has a market cap of $3.84 billion, a price-to-earnings ratio of -20.33 and a beta of 1.18.

Whirlpool (NYSE:WHR) last announced its earnings results on Monday, October 27th. The company reported $2.09 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.41 by $0.68. Whirlpool had a negative net margin of 1.18% and a positive return on equity of 19.49%. The firm had revenue of $4.03 billion for the quarter, compared to analyst estimates of $3.92 billion. During the same quarter in the prior year, the business posted $3.43 EPS. The business’s revenue was up 1.0% compared to the same quarter last year. Whirlpool has set its FY 2025 guidance at EPS. As a group, sell-side analysts predict that Whirlpool Corporation will post 9.52 earnings per share for the current year.

Whirlpool Announces Dividend

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 paid a dividend of $0.90 per share. This represents a $3.60 dividend on an annualized basis and a yield of 5.3%. The ex-dividend date is Friday, November 21st. Whirlpool’s dividend payout ratio (DPR) is -107.14%.

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.