Oregon Public Employees Retirement Fund increased its stake in shares of Whirlpool Co. (NYSE:WHR – Free Report) by 1.0% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 11,266 shares of the company’s stock after acquiring an additional 116 shares during the period. Oregon Public Employees Retirement Fund’s holdings in Whirlpool were worth $1,290,000 as of its most recent filing with the SEC.
Several other institutional investors and hedge funds have also bought and sold shares of the stock. Savant Capital LLC grew its position in shares of Whirlpool by 3.8% in the fourth quarter. Savant Capital LLC now owns 2,406 shares of the company’s stock valued at $275,000 after purchasing an additional 89 shares during the last quarter. Allworth Financial LP grew its position in Whirlpool by 17.3% during the fourth quarter. Allworth Financial LP now owns 664 shares of the company’s stock worth $76,000 after buying an additional 98 shares in the last quarter. Westside Investment Management Inc. grew its position in Whirlpool by 4.5% during the third quarter. Westside Investment Management Inc. now owns 2,345 shares of the company’s stock worth $251,000 after buying an additional 100 shares in the last quarter. Louisiana State Employees Retirement System grew its position in Whirlpool by 0.7% during the fourth quarter. Louisiana State Employees Retirement System now owns 15,300 shares of the company’s stock worth $1,752,000 after buying an additional 100 shares in the last quarter. Finally, Advisory Alpha LLC grew its position in Whirlpool by 4.8% during the fourth quarter. Advisory Alpha LLC now owns 2,215 shares of the company’s stock worth $254,000 after buying an additional 102 shares in the last quarter. Institutional investors own 90.78% of the company’s stock.
Analysts Set New Price Targets
WHR has been the subject of several recent analyst reports. StockNews.com upgraded Whirlpool from a “sell” rating to a “hold” rating in a research note on Tuesday, January 21st. The Goldman Sachs Group upped their target price on Whirlpool from $125.00 to $138.00 and gave the stock a “buy” rating in a research note on Tuesday, January 14th. Two equities research analysts have rated the stock with a sell rating, two have issued a hold rating and one has given a buy rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $106.00.
Whirlpool Stock Down 0.8 %
NYSE WHR opened at $101.90 on Friday. The business has a fifty day moving average price of $113.63 and a two-hundred day moving average price of $108.84. The company has a debt-to-equity ratio of 1.62, a current ratio of 0.72 and a quick ratio of 0.44. Whirlpool Co. has a fifty-two week low of $84.18 and a fifty-two week high of $135.49. The stock has a market capitalization of $5.64 billion, a PE ratio of -17.39 and a beta of 1.43.
Whirlpool (NYSE:WHR – Get Free Report) last announced its quarterly earnings results on Wednesday, January 29th. The company reported $4.57 EPS for the quarter, beating analysts’ consensus estimates of $4.26 by $0.31. Whirlpool had a positive return on equity of 21.89% and a negative net margin of 1.95%. During the same period in the previous year, the business posted $3.85 earnings per share. Equities analysts expect that Whirlpool Co. will post 9.52 earnings per share for the current fiscal year.
Whirlpool Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Saturday, March 15th. Stockholders of record on Friday, February 28th will be paid a $1.75 dividend. This represents a $7.00 dividend on an annualized basis and a dividend yield of 6.87%. The ex-dividend date of this dividend is Friday, February 28th. Whirlpool’s payout ratio is -119.45%.
Whirlpool Company Profile
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.
Further Reading
- Five stocks we like better than Whirlpool
- Top Stocks Investing in 5G Technology
- Autodesk Designs Value for Investors: Uptrend Set to Continue
- What Are Some of the Best Large-Cap Stocks to Buy?
- Anheuser-Busch Stock Rallies—Is the King of Beers Back?
- How Investors Can Identify and Successfully Trade Gap-Down Stocks
- MarketBeat Week in Review – 02/24 – 02/28
Want to see what other hedge funds are holding WHR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Whirlpool Co. (NYSE:WHR – Free Report).
Receive News & Ratings for Whirlpool Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Whirlpool and related companies with MarketBeat.com's FREE daily email newsletter.