Whirlpool Corporation (NYSE:WHR – Get Free Report)’s share price reached a new 52-week low during trading on Tuesday . The stock traded as low as $39.08 and last traded at $39.4250, with a volume of 3060966 shares changing hands. The stock had previously closed at $39.99.
Analyst Upgrades and Downgrades
Several equities analysts have recently issued reports on the stock. Stifel Nicolaus set a $55.00 price objective on shares of Whirlpool in a research note on Monday, May 4th. Zacks Research lowered shares of Whirlpool from a “hold” rating to a “strong sell” rating in a report on Tuesday, March 10th. Mizuho began coverage on shares of Whirlpool in a report on Monday, April 20th. They set a “neutral” rating and a $55.00 price target on the stock. Citigroup cut their price target on shares of Whirlpool from $60.00 to $50.00 and set a “neutral” rating on the stock in a report on Monday, May 11th. Finally, Royal Bank Of Canada cut their price target on shares of Whirlpool from $37.00 to $32.00 and set an “underperform” rating on the stock in a report on Friday, May 8th. Two equities research analysts have rated the stock with a Buy rating, seven have given a Hold rating and four have given a Sell rating to the company. According to MarketBeat.com, Whirlpool currently has an average rating of “Reduce” and an average target price of $68.89.
View Our Latest Stock Report on WHR
Whirlpool Stock Down 1.4%
Whirlpool (NYSE:WHR – Get Free Report) last posted its quarterly earnings results on Wednesday, May 6th. The company reported ($0.56) EPS for the quarter, missing the consensus estimate of $0.43 by ($0.99). Whirlpool had a net margin of 1.08% and a return on equity of 7.68%. The company had revenue of $3.27 billion for the quarter, compared to analysts’ expectations of $3.44 billion. During the same quarter in the prior year, the firm earned $1.70 earnings per share. The company’s revenue was down 9.6% on a year-over-year basis. Whirlpool has set its FY 2026 guidance at 3.000-3.500 EPS. Sell-side analysts expect that Whirlpool Corporation will post 2.52 earnings per share for the current year.
Hedge Funds Weigh In On Whirlpool
A number of hedge funds have recently added to or reduced their stakes in the company. Flagship Harbor Advisors LLC bought a new position in shares of Whirlpool during the 4th quarter valued at $25,000. EverSource Wealth Advisors LLC lifted its stake in shares of 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 purchasing an additional 208 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its holdings in Whirlpool by 172.0% in 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 in the last quarter. Garton & Associates Financial Advisors LLC acquired a new position in Whirlpool during the fourth quarter worth $35,000. Finally, SBI Securities Co. Ltd. raised its holdings in Whirlpool by 113.4% during the fourth quarter. SBI Securities Co. Ltd. now owns 527 shares of the company’s stock valued at $38,000 after buying an additional 280 shares in 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.
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