Whirlpool (NYSE:WHR) Rating Increased to Sell at Wall Street Zen

Wall Street Zen upgraded shares of Whirlpool (NYSE:WHR) from a strong sell rating to a sell rating in a report published on Saturday morning.

A number of other equities research analysts have also recently weighed in on the company. Royal Bank Of Canada upped their price target on Whirlpool from $30.00 to $32.00 and gave the stock an “underperform” rating in a report on Wednesday. JPMorgan Chase & Co. lowered their target price on Whirlpool from $59.00 to $52.00 and set a “neutral” rating on the stock in a report on Monday, May 11th. Weiss Ratings restated a “sell (d)” rating on shares of Whirlpool in a research report on Wednesday. Bank of America cut their price target on Whirlpool from $43.00 to $36.00 and set an “underperform” rating for the company in a research note on Monday, June 22nd. Finally, Mizuho decreased their price objective on shares of Whirlpool from $45.00 to $40.00 and set a “neutral” rating on the stock in a research report on Tuesday, July 21st. One research analyst has rated the stock with a Buy rating, seven have given a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Reduce” and a consensus target price of $46.88.

Whirlpool Stock Up 0.4%

Shares of NYSE WHR opened at $43.18 on Friday. The stock has a market capitalization of $2.82 billion, a price-to-earnings ratio of 14.79, a price-to-earnings-growth ratio of 19.24 and a beta of 1.16. Whirlpool has a 52 week low of $35.45 and a 52 week high of $96.57. The firm has a 50-day moving average price of $39.29 and a 200 day moving average price of $54.39. The company has a quick ratio of 0.48, a current ratio of 1.15 and a debt-to-equity ratio of 1.74.

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

Institutional Trading of Whirlpool

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. M&T Bank Corp boosted its holdings in shares of Whirlpool by 973.9% in the 4th quarter. M&T Bank Corp now owns 29,962 shares of the company’s stock valued at $2,161,000 after purchasing an additional 27,172 shares during the last quarter. Angeles Wealth Management LLC grew its stake in shares of Whirlpool by 196.9% during the 1st quarter. Angeles Wealth Management LLC now owns 38,697 shares of the company’s stock valued at $2,087,000 after buying an additional 25,663 shares during the period. SummitTX Capital L.P. acquired a new stake in shares of Whirlpool during the 1st quarter worth $4,406,000. Levin Capital Strategies L.P. raised its position in shares of Whirlpool by 2,124.0% in the 1st quarter. Levin Capital Strategies L.P. now owns 115,850 shares of the company’s stock worth $6,247,000 after buying an additional 110,641 shares during the period. Finally, RWWM Inc. raised its position in shares of Whirlpool by 191.6% in the 1st quarter. RWWM Inc. now owns 2,422,618 shares of the company’s stock worth $130,628,000 after buying an additional 1,591,849 shares during the period. Hedge funds and other institutional investors 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.