J.W. Cole Advisors Inc. Has $1.89 Million Stock Position in Whirlpool Corporation $WHR

J.W. Cole Advisors Inc. increased its holdings in shares of Whirlpool Corporation (NYSE:WHR) by 5.3% in the second quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 18,622 shares of the company’s stock after purchasing an additional 936 shares during the quarter. J.W. Cole Advisors Inc.’s holdings in Whirlpool were worth $1,889,000 as of its most recent filing with the SEC.

Other institutional investors have also recently made changes to their positions in the company. Cheviot Value Management LLC acquired a new position in Whirlpool in the 1st quarter valued at $36,000. Ransom Advisory Ltd acquired a new position in shares of Whirlpool in the 1st quarter valued at about $38,000. HHM Wealth Advisors LLC raised its position in Whirlpool by 77.2% in the 1st quarter. HHM Wealth Advisors LLC now owns 560 shares of the company’s stock valued at $50,000 after buying an additional 244 shares during the last quarter. Legend Financial Advisors Inc. bought a new stake in Whirlpool during the second quarter worth $51,000. Finally, Bogart Wealth LLC lifted its stake in Whirlpool by 80.6% in the second quarter. Bogart Wealth LLC now owns 511 shares of the company’s stock valued at $52,000 after purchasing an additional 228 shares during the last quarter. Institutional investors and hedge funds own 90.78% of the company’s stock.

Whirlpool Price Performance

Shares of NYSE WHR opened at $77.32 on Friday. The company has a current ratio of 0.86, a quick ratio of 0.46 and a debt-to-equity ratio of 2.33. The stock has a market cap of $4.34 billion, a P/E ratio of -23.01 and a beta of 1.18. The stock has a 50 day moving average of $73.85 and a two-hundred day moving average of $84.89. Whirlpool Corporation has a twelve month low of $65.35 and a twelve month high of $135.49.

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

Whirlpool Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, December 15th. Investors of record on Friday, November 21st will be given a dividend of $0.90 per share. The ex-dividend date is Friday, November 21st. This represents a $3.60 dividend on an annualized basis and a yield of 4.7%. Whirlpool’s dividend payout ratio (DPR) is -107.14%.

Analysts Set New Price Targets

WHR has been the subject of several recent research reports. Weiss Ratings reiterated a “sell (d)” rating on shares of Whirlpool in a research report on Wednesday, October 8th. Loop Capital reaffirmed a “hold” rating and issued a $88.00 price target on shares of Whirlpool in a report on Monday, August 4th. Royal Bank Of Canada restated an “underperform” rating on shares of Whirlpool in a research note on Wednesday, October 29th. Wall Street Zen raised Whirlpool from a “sell” rating to a “hold” rating in a research report on Saturday, November 1st. Finally, Stifel Nicolaus cut their price target on Whirlpool from $80.00 to $69.00 and set a “hold” rating on the stock in a research note on Wednesday, October 29th. Two equities research analysts have rated the stock with a Buy rating, four have given a Hold rating and three have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Whirlpool presently has a consensus rating of “Reduce” and an average target price of $86.43.

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.