Man Group plc Makes New $12.92 Million Investment in Whirlpool Corporation $WHR

Man Group plc acquired a new position in shares of Whirlpool Corporation (NYSE:WHR) during the 2nd quarter, Holdings Channel reports. The fund acquired 327,751 shares of the company’s stock, valued at approximately $12,920,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. EverSource Wealth Advisors LLC increased its position in Whirlpool by 129.2% in the second quarter. EverSource Wealth Advisors LLC now owns 369 shares of the company’s stock worth $37,000 after purchasing an additional 208 shares during the last quarter. Northwestern Mutual Wealth Management Co. increased its holdings in shares of Whirlpool by 172.0% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 389 shares of the company’s stock worth $28,000 after buying an additional 246 shares during the last quarter. Garton & Associates Financial Advisors LLC purchased a new stake in shares of Whirlpool during the 4th quarter valued at about $35,000. SBI Securities Co. Ltd. grew its position 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 in the last quarter. Finally, Caitong International Asset Management Co. Ltd increased its stake in Whirlpool by 1,444.4% during the third quarter. Caitong International Asset Management Co. Ltd now owns 556 shares of the company’s stock worth $44,000 after acquiring an additional 520 shares during the last quarter. 90.78% of the stock is owned by hedge funds and other institutional investors.

Whirlpool Stock Performance

WHR stock opened at $39.89 on Friday. Whirlpool Corporation has a twelve month low of $35.45 and a twelve month high of $96.57. The firm has a market cap of $2.60 billion, a price-to-earnings ratio of 13.66, a PEG ratio of 17.84 and a beta of 1.16. The business’s fifty day simple moving average is $39.37 and its two-hundred day simple moving average is $49.89. The company has a quick ratio of 0.71, a current ratio of 1.15 and a debt-to-equity ratio of 1.74.

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

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on the company. Mizuho dropped their target price on Whirlpool from $45.00 to $40.00 and set a “neutral” rating for the company in a report on Tuesday, July 21st. Raymond James Financial restated a “market perform” rating on shares of Whirlpool in a research report on Wednesday, August 19th. Royal Bank Of Canada lifted their price objective on shares of Whirlpool from $30.00 to $32.00 and gave the stock an “underperform” rating in a research note on Wednesday, August 5th. Wall Street Zen raised shares of Whirlpool from a “strong sell” rating to a “sell” rating in a research note on Saturday, August 8th. Finally, Zacks Research upgraded shares of Whirlpool from a “strong sell” rating to a “hold” rating in a report on Thursday, August 6th. One investment analyst has rated the stock with a Buy rating, eight have given a Hold rating and three have issued a Sell rating to the company’s stock. According to data from MarketBeat, Whirlpool has a consensus rating of “Reduce” and an average target price of $46.33.

Whirlpool Company 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.