Shares of Whirlpool Corporation (NYSE:WHR – Get Free Report) have received an average recommendation of “Reduce” from the twelve brokerages that are currently covering the company, MarketBeat.com reports. Three equities research analysts have rated the stock with a sell rating, eight have given a hold rating and one has assigned a buy rating to the company. The average twelve-month price target among brokerages that have covered the stock in the last year is $45.44.
A number of brokerages recently issued reports on WHR. Raymond James Financial reissued a “market perform” rating on shares of Whirlpool in a research note on Wednesday, August 19th. Wall Street Zen raised Whirlpool from a “strong sell” rating to a “sell” rating in a report on Saturday, August 8th. Bank of America decreased their price target on Whirlpool from $38.00 to $31.00 and set an “underperform” rating on the stock in a research note on Friday, September 11th. Citigroup reissued a “neutral” rating on shares of Whirlpool in a report on Thursday, August 6th. Finally, Mizuho reduced their price target on shares of Whirlpool from $45.00 to $40.00 and set a “neutral” rating on the stock in a research note on Tuesday, July 21st.
View Our Latest Research Report on WHR
Whirlpool Trading Down 2.5%
Whirlpool (NYSE:WHR – Get Free Report) last released its earnings results on Monday, August 3rd. The company reported ($0.21) EPS for the quarter, missing the consensus estimate of ($0.06) by ($0.15). The firm had revenue of $3.52 billion during the quarter, compared to the consensus estimate of $3.55 billion. Whirlpool had a net margin of 1.17% and a return on equity of 4.18%. Whirlpool’s quarterly revenue was down 6.8% compared to the same quarter last year. During the same period in the prior year, the business earned $1.34 earnings per share. Whirlpool has set its FY 2026 guidance at 2.500-3.000 EPS. Analysts predict that Whirlpool will post 2.25 EPS for the current fiscal year.
Hedge Funds Weigh In On Whirlpool
Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Engineers Gate Manager LP bought a new position in Whirlpool in the 2nd quarter valued at approximately $1,320,000. Angeles Wealth Management LLC grew its holdings in Whirlpool by 196.9% during the 1st quarter. Angeles Wealth Management LLC now owns 38,697 shares of the company’s stock worth $2,087,000 after acquiring an additional 25,663 shares during the last quarter. Nykredit A S acquired a new position in Whirlpool in the 2nd quarter valued at approximately $51,953,000. Capstone Investment Advisors LLC acquired a new position in Whirlpool in the 2nd quarter valued at approximately $1,274,000. Finally, Deutsche Bank AG bought a new position in shares of Whirlpool during the second quarter valued at $1,283,000. Institutional investors own 90.78% of the company’s stock.
Whirlpool Company Profile
Whirlpool Corporation is a global manufacturer and marketer of home appliances. The company develops products designed for food preservation, laundry, cooking, dishwashing and other household needs, serving consumers through retail, e-commerce and builder channels.
Its product portfolio includes refrigerators and freezers, washing machines and dryers, ranges and ovens, dishwashers, microwaves and other kitchen appliances. Whirlpool markets products under brands including Whirlpool, Maytag, KitchenAid, Amana and JennAir, with brand availability varying by market.
Founded in 1911 as the Upton Machine Company, Whirlpool is headquartered in Benton Harbor, Michigan.
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