Whirlpool Corporation (NYSE:WHR) Receives Consensus Rating of “Reduce” from Brokerages

Shares of Whirlpool Corporation (NYSE:WHR) have been given an average recommendation of “Reduce” by the thirteen ratings firms that are presently covering the stock, Marketbeat reports. Four investment analysts have rated the stock with a sell rating, seven have given a hold rating and two have issued a buy rating on the company. The average 1-year price target among brokerages that have updated their coverage on the stock in the last year is $68.6667.

Several research analysts recently weighed in on WHR shares. Royal Bank Of Canada decreased their target price on Whirlpool from $32.00 to $30.00 and set an “underperform” rating for the company in a research note on Tuesday, June 16th. Weiss Ratings downgraded shares of Whirlpool from a “hold (c-)” rating to a “sell (d)” rating in a report on Friday, May 8th. Bank of America reduced their price objective on Whirlpool from $60.00 to $50.00 and set an “underperform” rating for the company in a research note on Monday, April 20th. Stifel Nicolaus set a $55.00 target price on shares of Whirlpool in a report on Monday, May 4th. Finally, JPMorgan Chase & Co. decreased their target price on Whirlpool from $59.00 to $52.00 and set a “neutral” rating for the company in a research report on Monday, May 11th.

Whirlpool Price Performance

NYSE WHR opened at $38.94 on Monday. Whirlpool has a 12 month low of $38.20 and a 12 month high of $111.96. The firm has a market capitalization of $2.52 billion, a PE ratio of 13.24, a P/E/G ratio of 15.34 and a beta of 1.15. The company’s 50 day simple moving average is $46.69 and its 200 day simple moving average is $63.73. The company has a debt-to-equity ratio of 1.48, a current ratio of 0.88 and a quick ratio of 0.48.

Whirlpool (NYSE:WHR) last released its earnings results on Wednesday, May 6th. The company reported ($0.56) earnings per share for the quarter, missing analysts’ consensus estimates of $0.43 by ($0.99). Whirlpool had a return on equity of 7.68% and a net margin of 1.08%.The firm had revenue of $3.27 billion during the quarter, compared to analyst estimates of $3.44 billion. During the same quarter last year, the company earned $1.70 earnings per share. The business’s revenue for the quarter was down 9.6% on a year-over-year basis. Whirlpool has set its FY 2026 guidance at 3.000-3.500 EPS. As a group, equities research analysts forecast that Whirlpool will post 2.53 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. SG Americas Securities LLC raised its holdings in Whirlpool by 96.0% during the fourth quarter. SG Americas Securities LLC now owns 101,907 shares of the company’s stock valued at $7,352,000 after buying an additional 49,903 shares in the last quarter. Causeway Capital Management LLC increased its holdings in shares of Whirlpool by 42.3% during the 3rd quarter. Causeway Capital Management LLC now owns 617,039 shares of the company’s stock valued at $48,499,000 after acquiring an additional 183,496 shares during the last quarter. M&T Bank Corp increased its holdings in shares of Whirlpool by 973.9% during the 4th quarter. M&T Bank Corp now owns 29,962 shares of the company’s stock valued at $2,161,000 after acquiring an additional 27,172 shares during the last quarter. Russell Investments Group Ltd. lifted its holdings in Whirlpool by 34.0% in the 3rd quarter. Russell Investments Group Ltd. now owns 401,640 shares of the company’s stock worth $31,569,000 after purchasing an additional 101,962 shares during the last quarter. Finally, Envestnet Asset Management Inc. grew its holdings in Whirlpool by 26.3% during the third quarter. Envestnet Asset Management Inc. now owns 60,288 shares of the company’s stock valued at $4,739,000 after purchasing an additional 12,543 shares during the last quarter. 90.78% of the stock is owned by hedge funds and other institutional investors.

About Whirlpool

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.