Newport Trust Company LLC Has $172.51 Million Holdings in Whirlpool Corporation $WHR

Newport Trust Company LLC boosted its holdings in shares of Whirlpool Corporation (NYSE:WHR) by 10.2% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 2,391,252 shares of the company’s stock after acquiring an additional 221,564 shares during the quarter. Newport Trust Company LLC’s holdings in Whirlpool were worth $172,505,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of WHR. Orion Porfolio Solutions LLC increased its position in Whirlpool by 2,795.1% during the second quarter. Orion Porfolio Solutions LLC now owns 234,564 shares of the company’s stock worth $23,789,000 after buying an additional 226,462 shares during the last quarter. RWWM Inc. increased its position in Whirlpool by 68.4% during the third quarter. RWWM Inc. now owns 555,380 shares of the company’s stock worth $43,653,000 after buying an additional 225,513 shares during the last quarter. Causeway Capital Management LLC increased its position in Whirlpool by 42.3% during the third quarter. Causeway Capital Management LLC now owns 617,039 shares of the company’s stock worth $48,499,000 after buying an additional 183,496 shares during the last quarter. Engineers Gate Manager LP acquired a new position in Whirlpool during the second quarter worth approximately $11,489,000. Finally, Raymond James Financial Inc. increased its position in Whirlpool by 33.2% during the second quarter. Raymond James Financial Inc. now owns 437,992 shares of the company’s stock worth $44,421,000 after buying an additional 109,185 shares during the last quarter. Institutional investors and hedge funds own 90.78% of the company’s stock.

Analyst Upgrades and Downgrades

WHR has been the topic of a number of recent analyst reports. Mizuho initiated coverage on Whirlpool in a research report on Monday, April 20th. They set a “neutral” rating and a $55.00 price target on the stock. JPMorgan Chase & Co. reduced their price objective on Whirlpool from $59.00 to $52.00 and set a “neutral” rating for the company in a report on Monday, May 11th. Stifel Nicolaus set a $55.00 price objective on Whirlpool in a report on Monday, May 4th. Citigroup reduced their price objective on Whirlpool from $60.00 to $50.00 and set a “neutral” rating for the company in a report on Monday, May 11th. Finally, Bank of America reduced their price objective on Whirlpool from $60.00 to $50.00 and set an “underperform” rating for the company in a report on Monday, April 20th. Two research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and four have issued a Sell rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Reduce” and a consensus price target of $68.89.

Whirlpool Stock Up 4.0%

NYSE WHR opened at $43.17 on Friday. The business has a fifty day moving average price of $52.39 and a two-hundred day moving average price of $68.18. The company has a debt-to-equity ratio of 1.48, a current ratio of 0.88 and a quick ratio of 0.48. Whirlpool Corporation has a fifty-two week low of $38.38 and a fifty-two week high of $111.96. The stock has a market capitalization of $2.80 billion, a PE ratio of 14.68, a PEG ratio of 16.39 and a beta of 1.23.

Whirlpool (NYSE:WHR) last released its earnings results on Wednesday, May 6th. The company reported ($0.56) earnings per share for the quarter, missing the consensus estimate of $0.43 by ($0.99). The business had revenue of $3.27 billion for the quarter, compared to the consensus estimate of $3.44 billion. Whirlpool had a return on equity of 7.68% and a net margin of 1.08%.The firm’s revenue for the quarter was down 9.6% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.70 earnings per share. Whirlpool has set its FY 2026 guidance at 3.000-3.500 EPS. Equities analysts expect that Whirlpool Corporation will post 2.53 earnings per share for the current fiscal year.

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.