43,009 Shares in Whirlpool Corporation $WHR Acquired by Y Intercept Hong Kong Ltd

Y Intercept Hong Kong Ltd bought a new position in shares of Whirlpool Corporation (NYSE:WHR) in the second quarter, HoldingsChannel.com reports. The institutional investor bought 43,009 shares of the company’s stock, valued at approximately $4,362,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Charles Schwab Investment Management Inc. increased its position in Whirlpool by 5.6% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 2,235,977 shares of the company’s stock worth $201,529,000 after purchasing an additional 117,964 shares in the last quarter. Newport Trust Company LLC grew its position in Whirlpool by 11.4% in the first quarter. Newport Trust Company LLC now owns 1,806,101 shares of the company’s stock valued at $162,784,000 after acquiring an additional 184,132 shares in the last quarter. Dimensional Fund Advisors LP grew its position in Whirlpool by 25.5% in the first quarter. Dimensional Fund Advisors LP now owns 1,723,612 shares of the company’s stock valued at $155,343,000 after acquiring an additional 350,397 shares in the last quarter. HighTower Advisors LLC grew its position in Whirlpool by 1.3% in the first quarter. HighTower Advisors LLC now owns 1,047,645 shares of the company’s stock valued at $94,424,000 after acquiring an additional 13,038 shares in the last quarter. Finally, Nuveen LLC acquired a new stake in Whirlpool in the first quarter valued at approximately $82,461,000. Institutional investors and hedge funds own 90.78% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on WHR. The Goldman Sachs Group lowered their price objective on shares of Whirlpool from $107.00 to $93.00 and set a “buy” rating for the company in a research report on Monday, October 13th. Loop Capital reaffirmed a “hold” rating and issued a $88.00 price objective on shares of Whirlpool in a research report on Monday, August 4th. Zacks Research raised shares of Whirlpool from a “strong sell” rating to a “hold” rating in a research report on Tuesday, September 30th. Royal Bank Of Canada decreased their price target on shares of Whirlpool from $65.00 to $63.00 and set an “underperform” rating for the company in a research report on Wednesday, July 30th. Finally, Stifel Nicolaus initiated coverage on shares of Whirlpool in a research report on Wednesday, October 8th. They set a “hold” rating and a $80.00 price target for the company. Two analysts have rated the stock with a Buy rating, four have given a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat, Whirlpool presently has an average rating of “Reduce” and an average target price of $89.71.

Whirlpool Stock Performance

Shares of WHR opened at $77.82 on Wednesday. The business’s fifty day moving average price is $83.16 and its 200 day moving average price is $86.05. Whirlpool Corporation has a 12-month low of $71.00 and a 12-month high of $135.49. The stock has a market capitalization of $4.35 billion, a PE ratio of -23.16 and a beta of 1.17. The company has a debt-to-equity ratio of 2.39, a current ratio of 0.85 and a quick ratio of 0.46.

Whirlpool (NYSE:WHR) last announced its quarterly earnings data on Monday, October 27th. The company reported $2.09 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.41 by $0.68. Whirlpool had a positive return on equity of 19.25% and a negative net margin of 1.18%.The firm had revenue of $4.03 billion for the quarter, compared to analysts’ expectations of $3.92 billion. During the same period last year, the business posted $3.43 earnings per share. The firm’s revenue for the quarter was up 1.0% on a year-over-year basis. Whirlpool has set its FY 2025 guidance at EPS. Equities research analysts forecast that Whirlpool Corporation will post 9.52 EPS for the current year.

Whirlpool Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, December 15th. Investors of record on Friday, November 21st will be paid a dividend of $0.90 per share. The ex-dividend date is Friday, November 21st. This represents a $3.60 annualized dividend and a yield of 4.6%. Whirlpool’s dividend payout ratio (DPR) is -135.85%.

Whirlpool 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.