Whirlpool (NYSE:WHR) Earns “Neutral” Rating from Longbow Research

Whirlpool (NYSE:WHR)‘s stock had its “neutral” rating reaffirmed by Longbow Research in a research report issued on Monday, Benzinga reports.

WHR has been the topic of a number of other reports. Wells Fargo & Company reduced their target price on shares of Whirlpool from $39.00 to $30.00 and set an “equal weight” rating on the stock in a research note on Friday. Wall Street Zen upgraded shares of Whirlpool from a “strong sell” rating to a “sell” rating in a report on Saturday, August 8th. Mizuho dropped their price target on shares of Whirlpool from $45.00 to $40.00 and set a “neutral” rating for the company in a research note on Tuesday, July 21st. Bank of America cut their price target on shares of Whirlpool from $38.00 to $31.00 and set an “underperform” rating for the company in a report on Friday, September 11th. Finally, Royal Bank Of Canada cut their price target on shares of Whirlpool from $32.00 to $22.00 and set an “underperform” rating for the company in a report on Wednesday, October 7th. Nine equities research analysts have rated the stock with a Hold rating and four have given a Sell rating to the company. According to MarketBeat.com, Whirlpool presently has a consensus rating of “Reduce” and a consensus price target of $36.44.

Whirlpool Stock Up 0.1%

WHR opened at $27.91 on Monday. The company has a fifty day moving average of $35.32 and a two-hundred day moving average of $41.15. The stock has a market capitalization of $1.82 billion, a price-to-earnings ratio of 9.56, a PEG ratio of 12.40 and a beta of 1.21. Whirlpool has a fifty-two week low of $27.15 and a fifty-two week high of $94.82. The company has a debt-to-equity ratio of 1.74, a quick ratio of 0.71 and a current ratio of 1.15.

Whirlpool (NYSE:WHR) last posted its earnings results on Monday, August 3rd. The company reported ($0.21) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.06) by ($0.15). Whirlpool had a return on equity of 4.18% and a net margin of 1.17%. The firm had revenue of $3.52 billion for the quarter, compared to analysts’ expectations of $3.55 billion. During the same period in the previous year, the company earned $1.34 earnings per share. The company’s revenue was down 6.8% compared to the same quarter last year. Whirlpool has set its FY 2026 guidance at 2.500-3.000 EPS. On average, research analysts expect that Whirlpool will post 2.25 earnings per share for the current year.

Institutional Investors Weigh In On Whirlpool

Hedge funds and other institutional investors have recently made changes to their positions in the business. Primecap Management Co. CA acquired a new position in Whirlpool in the second quarter valued at approximately $141,801,000. RWWM Inc. increased its stake in Whirlpool by 191.6% in the first quarter. RWWM Inc. now owns 2,422,618 shares of the company’s stock valued at $130,628,000 after purchasing an additional 1,591,849 shares during the last quarter. Canada Pension Plan Investment Board acquired a new stake in Whirlpool during the second quarter worth approximately $61,003,000. Nykredit A S acquired a new stake in Whirlpool during the second quarter worth approximately $51,953,000. Finally, Connor Clark & Lunn Investment Management Ltd. acquired a new stake in Whirlpool during the second quarter worth approximately $24,601,000. Institutional investors and hedge funds own 90.78% of the company’s stock.

About Whirlpool

Whirlpool Corporation is a global manufacturer and marketer of home appliances, serving consumers through a portfolio of well-known brands that includes Whirlpool, Maytag, KitchenAid, Amana and JennAir. Its products are sold through retailers, distributors and other channels to residential customers in multiple markets.

The company’s primary product categories include refrigerators and freezers, cooking appliances, dishwashers, washing machines and dryers. Through KitchenAid and other brands, Whirlpool also offers small domestic appliances and related products designed for food preparation and household use.

Whirlpool traces its history to 1911, when the Upton Machine Company began producing electric washing machines.