OMERS ADMINISTRATION Corp Takes Position in Whirlpool Corporation $WHR

OMERS ADMINISTRATION Corp purchased a new stake in shares of Whirlpool Corporation (NYSE:WHR) during the first quarter, HoldingsChannel.com reports. The firm purchased 24,400 shares of the company’s stock, valued at approximately $1,316,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Flagship Harbor Advisors LLC purchased a new stake in Whirlpool in the 4th quarter worth approximately $25,000. Northwestern Mutual Wealth Management Co. increased its stake in shares of Whirlpool by 172.0% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 389 shares of the company’s stock valued at $28,000 after buying an additional 246 shares during the period. Garton & Associates Financial Advisors LLC bought a new position in shares of Whirlpool during the fourth quarter valued at approximately $35,000. EverSource Wealth Advisors LLC raised its holdings in shares of Whirlpool by 129.2% during the second quarter. EverSource Wealth Advisors LLC now owns 369 shares of the company’s stock valued at $37,000 after acquiring an additional 208 shares in the last quarter. Finally, SBI Securities Co. Ltd. lifted its stake in Whirlpool by 113.4% in the fourth quarter. SBI Securities Co. Ltd. now owns 527 shares of the company’s stock worth $38,000 after acquiring an additional 280 shares during the period. Institutional investors own 90.78% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on WHR. Stifel Nicolaus cut their price target on shares of Whirlpool from $45.00 to $37.00 and set a “hold” rating on the stock in a report on Thursday, July 23rd. JPMorgan Chase & Co. dropped their target price on shares of Whirlpool from $59.00 to $52.00 and set a “neutral” rating for the company in a research report on Monday, May 11th. Citigroup cut their target price on shares of Whirlpool from $50.00 to $42.00 and set a “neutral” rating on the stock in a research note on Tuesday, July 14th. Weiss Ratings cut shares of Whirlpool from a “hold (c-)” rating to a “sell (d)” rating in a research report on Friday, May 8th. Finally, BNP Paribas Exane started coverage on shares of Whirlpool in a report on Monday, July 13th. They issued a “neutral” rating and a $43.00 price objective for the company. One analyst has 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 data from MarketBeat, the stock presently has an average rating of “Reduce” and a consensus price target of $51.22.

Whirlpool Price Performance

WHR opened at $38.40 on Thursday. The company has a current ratio of 0.88, a quick ratio of 0.48 and a debt-to-equity ratio of 1.48. The company has a market cap of $2.49 billion, a price-to-earnings ratio of 13.06, a price-to-earnings-growth ratio of 33.32 and a beta of 1.16. The stock has a fifty day simple moving average of $39.54 and a two-hundred day simple moving average of $56.31. Whirlpool Corporation has a 12-month low of $35.45 and a 12-month high of $96.57.

Whirlpool (NYSE:WHR) last announced its earnings results on Wednesday, May 6th. The company reported ($0.56) EPS for the quarter, missing analysts’ consensus estimates of $0.43 by ($0.99). The business had revenue of $3.27 billion for the quarter, compared to the consensus estimate of $3.44 billion. Whirlpool had a net margin of 1.08% and a return on equity of 7.68%. The business’s quarterly revenue was down 9.6% on a year-over-year basis. During the same quarter last year, the firm posted $1.70 EPS. Whirlpool has set its FY 2026 guidance at 3.000-3.500 EPS. Research analysts predict that Whirlpool Corporation will post 1.15 earnings per share for the current fiscal year.

Whirlpool Profile

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.