Whirlpool (NYSE:WHR) Announces Quarterly Earnings Results, Misses Estimates By $0.94 EPS
by Scott Moore · The Cerbat GemWhirlpool (NYSE:WHR – Get Free Report) released its earnings results on Wednesday. The company reported ($0.56) EPS for the quarter, missing the consensus estimate of $0.38 by ($0.94), FiscalAI reports. The company had revenue of $3.27 billion for the quarter, compared to analyst estimates of $3.44 billion. Whirlpool had a net margin of 2.04% and a return on equity of 12.98%. Whirlpool updated its FY 2026 guidance to 3.000-3.500 EPS.
Whirlpool Price Performance
Shares of WHR traded up $0.66 during trading hours on Wednesday, hitting $54.85. The stock had a trading volume of 3,845,265 shares, compared to its average volume of 2,466,523. The company’s fifty day moving average is $57.68 and its two-hundred day moving average is $70.73. The company has a debt-to-equity ratio of 2.06, a current ratio of 0.76 and a quick ratio of 0.40. Whirlpool has a 52 week low of $50.41 and a 52 week high of $111.96. The stock has a market capitalization of $3.10 billion, a price-to-earnings ratio of 9.71, a P/E/G ratio of 10.25 and a beta of 1.23.
Whirlpool Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Thursday, March 26th. Stockholders of record on Friday, February 27th were issued a $0.90 dividend. The ex-dividend date of this dividend was Friday, February 27th. This represents a $3.60 annualized dividend and a dividend yield of 6.6%. Whirlpool’s dividend payout ratio is presently 63.72%.
Institutional Investors Weigh In On Whirlpool
Several large investors have recently made changes to their positions in the company. Thrivent Financial for Lutherans grew its holdings in shares of Whirlpool by 0.8% in the 2nd quarter. Thrivent Financial for Lutherans now owns 13,194 shares of the company’s stock worth $1,338,000 after purchasing an additional 109 shares during the last quarter. Hotchkis & Wiley Capital Management LLC grew its holdings in shares of Whirlpool by 0.3% in the 3rd quarter. Hotchkis & Wiley Capital Management LLC now owns 52,944 shares of the company’s stock worth $4,161,000 after purchasing an additional 144 shares during the last quarter. Gamco Investors INC. ET AL grew its holdings in shares of Whirlpool by 3.0% in the 2nd quarter. Gamco Investors INC. ET AL now owns 5,150 shares of the company’s stock worth $522,000 after purchasing an additional 150 shares during the last quarter. Abel Hall LLC grew its holdings in shares of Whirlpool by 1.4% in the 3rd quarter. Abel Hall LLC now owns 12,044 shares of the company’s stock worth $947,000 after purchasing an additional 162 shares during the last quarter. Finally, Equitable Holdings Inc. grew its holdings in shares of Whirlpool by 2.8% in the 3rd quarter. Equitable Holdings Inc. now owns 6,298 shares of the company’s stock worth $495,000 after purchasing an additional 170 shares during the last quarter. Institutional investors own 90.78% of the company’s stock.
Analysts Set New Price Targets
A number of equities analysts have recently issued reports on WHR shares. JPMorgan Chase & Co. dropped their price objective on shares of Whirlpool from $76.00 to $59.00 and set a “neutral” rating for the company in a research note on Friday, March 13th. Citigroup started coverage on shares of Whirlpool in a research note on Wednesday, April 22nd. They issued a “neutral” rating and a $60.00 price objective for the company. Mizuho started coverage on shares of Whirlpool in a research note on Monday, April 20th. They issued a “neutral” rating and a $55.00 price objective for the company. Weiss Ratings upgraded shares of Whirlpool from a “sell (d)” rating to a “hold (c-)” rating in a research note on Thursday, February 12th. Finally, Bank of America dropped their price objective on shares of Whirlpool from $60.00 to $50.00 and set an “underperform” rating for the company in a research note on Monday, April 20th. Two research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Reduce” and an average price target of $72.89.
View Our Latest Analysis on WHR
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.