Mizuho Cuts Whirlpool (NYSE:WHR) Price Target to $40.00

Whirlpool (NYSE:WHR) had its price target lowered by investment analysts at Mizuho from $45.00 to $40.00 in a report released on Tuesday,Benzinga reports. The firm currently has a “neutral” rating on the stock. Mizuho’s price objective suggests a potential upside of 8.59% from the stock’s previous close.

Several other analysts have also weighed in on WHR. Wall Street Zen raised Whirlpool from a “strong sell” rating to a “sell” rating in a report on Saturday, June 27th. Royal Bank Of Canada cut their target price on Whirlpool from $32.00 to $30.00 and set an “underperform” rating for the company in a research note on Tuesday, June 16th. Bank of America reduced their target price on Whirlpool from $43.00 to $36.00 and set an “underperform” rating for the company in a research report on Monday, June 22nd. JPMorgan Chase & Co. lowered their price target on shares of Whirlpool from $59.00 to $52.00 and set a “neutral” rating on the stock in a report on Monday, May 11th. Finally, Citigroup dropped their price objective on shares of Whirlpool from $50.00 to $42.00 and set a “neutral” rating for the company in a research note on Tuesday, July 14th. One analyst has rated the stock with a Buy rating, seven have assigned a Hold rating and four have given a Sell rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Reduce” and a consensus price target of $53.22.

Whirlpool Stock Down 3.7%

Shares of WHR opened at $36.84 on Tuesday. The company has a debt-to-equity ratio of 1.48, a quick ratio of 0.48 and a current ratio of 0.88. The company has a 50-day simple moving average of $40.06 and a 200-day simple moving average of $58.23. Whirlpool has a 52 week low of $36.01 and a 52 week high of $100.49. The firm has a market capitalization of $2.39 billion, a P/E ratio of 12.53, a P/E/G ratio of 33.11 and a beta of 1.16.

Whirlpool (NYSE:WHR) last released its earnings results on Wednesday, May 6th. The company reported ($0.56) earnings per share for the quarter, missing analysts’ consensus estimates of $0.43 by ($0.99). Whirlpool had a return on equity of 7.68% and a net margin of 1.08%.The firm had revenue of $3.27 billion for the quarter, compared to analyst estimates of $3.44 billion. During the same period last year, the business earned $1.70 earnings per share. The firm’s quarterly revenue was down 9.6% compared to the same quarter last year. Whirlpool has set its FY 2026 guidance at 3.000-3.500 EPS. On average, equities research analysts expect that Whirlpool will post 1.15 earnings per share for the current year.

Institutional Trading of Whirlpool

Several hedge funds have recently modified their holdings of WHR. Flagship Harbor Advisors LLC bought a new position in shares of Whirlpool in the fourth quarter valued at approximately $25,000. EverSource Wealth Advisors LLC grew its position in Whirlpool by 129.2% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 369 shares of the company’s stock worth $37,000 after acquiring an additional 208 shares during the last quarter. Northwestern Mutual Wealth Management Co. increased its holdings in Whirlpool by 172.0% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 389 shares of the company’s stock valued at $28,000 after purchasing an additional 246 shares in the last quarter. Garton & Associates Financial Advisors LLC acquired a new stake in Whirlpool during the 4th quarter valued at $35,000. Finally, SBI Securities Co. Ltd. raised its position in Whirlpool by 113.4% in the 4th quarter. SBI Securities Co. Ltd. now owns 527 shares of the company’s stock valued at $38,000 after purchasing an additional 280 shares during the last quarter. Institutional investors and hedge funds own 90.78% of the company’s stock.

About Whirlpool

Whirlpool Corporation is a leading global manufacturer and marketer of home appliances, with a product portfolio that spans major categories such as laundry, refrigeration, cooking, dishwashing and small electrics. Headquartered in Benton Harbor, Michigan, the company designs, produces and distributes its appliances through a network of wholly owned manufacturing facilities, joint ventures and third-party partners. Whirlpool serves both retail and professional markets, offering products under its flagship Whirlpool brand as well as several well-known names including Maytag, KitchenAid, JennAir, Amana, Brastemp and Consul.

In its laundry segment, Whirlpool provides top- and front-load washing machines, dryers and combination units designed to balance energy efficiency, capacity and convenience.