Donaldson Capital Management LLC Buys 1,171 Shares of Whirlpool Co. (NYSE:WHR)

Donaldson Capital Management LLC grew its holdings in Whirlpool Co. (NYSE:WHR) by 18.6% during the 1st quarter, HoldingsChannel.com reports. The firm owned 7,467 shares of the company’s stock after buying an additional 1,171 shares during the quarter. Donaldson Capital Management LLC’s holdings in Whirlpool were worth $673,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently modified their holdings of the company. SBI Securities Co. Ltd. bought a new stake in shares of Whirlpool in the fourth quarter valued at approximately $30,000. Nemes Rush Group LLC raised its position in shares of Whirlpool by 79.1% in the fourth quarter. Nemes Rush Group LLC now owns 274 shares of the company’s stock valued at $31,000 after purchasing an additional 121 shares during the period. Bogart Wealth LLC raised its position in shares of Whirlpool by 113.6% in the fourth quarter. Bogart Wealth LLC now owns 282 shares of the company’s stock valued at $32,000 after purchasing an additional 150 shares during the period. TD Waterhouse Canada Inc. raised its position in shares of Whirlpool by 120.7% in the fourth quarter. TD Waterhouse Canada Inc. now owns 320 shares of the company’s stock valued at $37,000 after purchasing an additional 175 shares during the period. Finally, UMB Bank n.a. grew its stake in Whirlpool by 40.4% during the first quarter. UMB Bank n.a. now owns 448 shares of the company’s stock valued at $40,000 after acquiring an additional 129 shares in the last quarter. Institutional investors own 90.78% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on WHR shares. Bank of America reduced their price objective on shares of Whirlpool from $107.00 to $67.00 in a research note on Monday, April 21st. Royal Bank of Canada reduced their price objective on shares of Whirlpool from $81.00 to $65.00 and set an “underperform” rating for the company in a research note on Friday, April 25th. Wall Street Zen cut shares of Whirlpool from a “hold” rating to a “sell” rating in a research note on Friday, April 25th. Finally, JPMorgan Chase & Co. reduced their price objective on shares of Whirlpool from $109.00 to $89.00 and set a “neutral” rating for the company in a research note on Monday, April 28th. Three research analysts have rated the stock with a sell rating, one has given a hold rating and one has given a buy rating to the company. Based on data from MarketBeat.com, Whirlpool has an average rating of “Hold” and an average price target of $105.75.

Whirlpool Price Performance

WHR stock opened at $87.33 on Thursday. 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 one year low of $73.72 and a one year high of $135.49. The stock has a market cap of $4.86 billion, a PE ratio of -14.90 and a beta of 1.18. The firm has a 50 day simple moving average of $80.01 and a two-hundred day simple moving average of $98.70.

Whirlpool (NYSE:WHR) last released its quarterly earnings results on Wednesday, April 23rd. The company reported $1.70 EPS for the quarter, topping analysts’ consensus estimates of $1.67 by $0.03. Whirlpool had a negative net margin of 1.95% and a positive return on equity of 21.89%. The business had revenue of $3.62 billion during the quarter, compared to analysts’ expectations of $3.67 billion. During the same quarter in the previous year, the company earned $1.78 EPS. The business’s quarterly revenue was down 19.4% compared to the same quarter last year. On average, analysts predict that Whirlpool Co. will post 9.52 EPS for the current fiscal year.

Whirlpool Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Sunday, June 15th. Stockholders of record on Friday, May 16th will be paid a $1.75 dividend. The ex-dividend date is Friday, May 16th. This represents a $7.00 dividend on an annualized basis and a dividend yield of 8.02%. Whirlpool’s dividend payout ratio (DPR) is 5,000.00%.

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.