HighTower Advisors LLC Sells 95,300 Shares of Whirlpool Corporation $WHR

HighTower Advisors LLC lowered its position in Whirlpool Corporation (NYSE:WHR) by 8.3% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,054,491 shares of the company’s stock after selling 95,300 shares during the quarter. HighTower Advisors LLC owned 1.62% of Whirlpool worth $41,568,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also added to or reduced their stakes in the business. EverSource Wealth Advisors LLC increased its position in Whirlpool by 129.2% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 369 shares of the company’s stock valued at $37,000 after acquiring an additional 208 shares during the period. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of Whirlpool by 172.0% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 389 shares of the company’s stock worth $28,000 after purchasing an additional 246 shares during the period. Garton & Associates Financial Advisors LLC bought a new stake in shares of Whirlpool in the fourth quarter worth $35,000. SBI Securities Co. Ltd. grew its stake in shares of Whirlpool by 113.4% in the fourth quarter. SBI Securities Co. Ltd. now owns 527 shares of the company’s stock worth $38,000 after purchasing an additional 280 shares during the last quarter. Finally, Caitong International Asset Management Co. Ltd increased its holdings in Whirlpool by 1,444.4% in the third quarter. Caitong International Asset Management Co. Ltd now owns 556 shares of the company’s stock valued at $44,000 after purchasing an additional 520 shares during the period. Institutional investors own 90.78% of the company’s stock.

Whirlpool Stock Performance

WHR stock opened at $39.37 on Tuesday. The firm has a market cap of $2.57 billion, a PE ratio of 13.48, a price-to-earnings-growth ratio of 17.47 and a beta of 1.18. The company has a current ratio of 1.15, a quick ratio of 0.71 and a debt-to-equity ratio of 1.74. The stock has a 50-day moving average price of $39.60 and a 200-day moving average price of $47.42. Whirlpool Corporation has a 1-year low of $35.45 and a 1-year high of $96.57.

Whirlpool (NYSE:WHR) last announced its earnings results on Monday, August 3rd. The company reported ($0.21) EPS for the quarter, missing the consensus estimate of ($0.06) by ($0.15). The business had revenue of $3.52 billion for the quarter, compared to the consensus estimate of $3.55 billion. Whirlpool had a net margin of 1.17% and a return on equity of 4.18%. The firm’s revenue for the quarter was down 6.8% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.34 EPS. Whirlpool has set its FY 2026 guidance at 2.500-3.000 EPS. As a group, equities research analysts expect that Whirlpool Corporation will post 2.25 earnings per share for the current year.

Analyst Ratings Changes

A number of equities research analysts have commented on the company. Wall Street Zen upgraded Whirlpool from a “strong sell” rating to a “sell” rating in a research report on Saturday, August 8th. BNP Paribas Exane started coverage on Whirlpool in a research note on Monday, July 13th. They issued a “neutral” rating and a $43.00 price objective on the stock. Royal Bank Of Canada upped their target price on Whirlpool from $30.00 to $32.00 and gave the company an “underperform” rating in a report on Wednesday, August 5th. Citigroup reissued a “neutral” rating on shares of Whirlpool in a research report on Thursday, August 6th. Finally, Stifel Nicolaus dropped their price target on shares of Whirlpool from $45.00 to $37.00 and set a “hold” rating on the stock in a research report on Thursday, July 23rd. One analyst has rated the stock with a Buy rating, eight have given a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Whirlpool has a consensus rating of “Reduce” and an average price target of $46.33.

Whirlpool Company Profile

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.