Waterloo Capital L.P. Buys 1,715 Shares of Whirlpool Corporation $WHR

Waterloo Capital L.P. increased its stake in Whirlpool Corporation (NYSE:WHR) by 49.4% in the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 5,187 shares of the company’s stock after acquiring an additional 1,715 shares during the period. Waterloo Capital L.P.’s holdings in Whirlpool were worth $526,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Avantax Advisory Services Inc. increased its position in shares of Whirlpool by 82.8% during the 1st quarter. Avantax Advisory Services Inc. now owns 10,995 shares of the company’s stock valued at $991,000 after purchasing an additional 4,981 shares during the last quarter. LPL Financial LLC lifted its position in Whirlpool by 33.6% in the 1st quarter. LPL Financial LLC now owns 116,141 shares of the company’s stock worth $10,468,000 after buying an additional 29,179 shares during the last quarter. Bayforest Capital Ltd boosted its stake in Whirlpool by 816.6% in the first quarter. Bayforest Capital Ltd now owns 6,086 shares of the company’s stock worth $549,000 after buying an additional 5,422 shares in the last quarter. Arkadios Wealth Advisors grew its position in Whirlpool by 33.8% during the first quarter. Arkadios Wealth Advisors now owns 23,020 shares of the company’s stock valued at $2,075,000 after acquiring an additional 5,810 shares during the last quarter. Finally, North Star Asset Management Inc. raised its stake in shares of Whirlpool by 11.2% during the first quarter. North Star Asset Management Inc. now owns 2,870 shares of the company’s stock worth $259,000 after acquiring an additional 288 shares in the last quarter. Hedge funds and other institutional investors own 90.78% of the company’s stock.

Whirlpool Stock Up 2.3%

NYSE WHR opened at $75.11 on Tuesday. Whirlpool Corporation has a 1 year low of $65.35 and a 1 year high of $135.49. The stock has a market capitalization of $4.22 billion, a PE ratio of -22.35 and a beta of 1.18. The company has a debt-to-equity ratio of 2.33, a current ratio of 0.86 and a quick ratio of 0.46. The business’s 50-day moving average is $74.48 and its 200 day moving average is $85.03.

Whirlpool (NYSE:WHR) last posted its earnings results on Monday, October 27th. The company reported $2.09 EPS for the quarter, topping the consensus estimate of $1.41 by $0.68. Whirlpool had a negative net margin of 1.18% and a positive return on equity of 19.49%. The firm had revenue of $4.03 billion during the quarter, compared to analysts’ expectations of $3.92 billion. During the same period last year, the company posted $3.43 EPS. The company’s quarterly revenue was up 1.0% compared to the same quarter last year. Whirlpool has set its FY 2025 guidance at EPS. Sell-side analysts forecast that Whirlpool Corporation will post 9.52 earnings per share for the current year.

Whirlpool Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, December 15th. Shareholders of record on Friday, November 21st will be issued a $0.90 dividend. The ex-dividend date of this dividend is Friday, November 21st. This represents a $3.60 dividend on an annualized basis and a dividend yield of 4.8%. Whirlpool’s dividend payout ratio (DPR) is presently -107.14%.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on WHR. Royal Bank Of Canada reaffirmed an “underperform” rating on shares of Whirlpool in a research note on Wednesday, October 29th. Weiss Ratings restated a “sell (d)” rating on shares of Whirlpool in a research report on Wednesday, October 8th. Loop Capital reiterated a “hold” rating and issued a $88.00 price objective on shares of Whirlpool in a report on Monday, August 4th. Zacks Research upgraded Whirlpool from a “strong sell” rating to a “hold” rating in a report on Tuesday, September 30th. Finally, The Goldman Sachs Group decreased their price target on Whirlpool from $107.00 to $93.00 and set a “buy” rating on the stock in a research note on Monday, October 13th. Two equities research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and three have given a Sell rating to the company. According to MarketBeat.com, Whirlpool presently has a consensus rating of “Reduce” and a consensus target price of $86.43.

About Whirlpool

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.