Whirlpool (NYSE:WHR) Raised to Sell at Wall Street Zen

by · The Markets Daily

Whirlpool (NYSE:WHR – Get Free Report) was upgraded by equities research analysts at Wall Street Zen from a “strong sell” rating to a “sell” rating in a research note issued on Saturday.

A number of other equities analysts have also weighed in on the stock. Royal Bank Of Canada increased their target price on shares of Whirlpool from $30.00 to $32.00 and gave the stock an “underperform” rating in a research report on Wednesday. Mizuho lowered their price target on shares of Whirlpool from $45.00 to $40.00 and set a “neutral” rating on the stock in a research report on Tuesday, July 21st. Weiss Ratings restated a “sell (d)” rating on shares of Whirlpool in a research note on Wednesday. Stifel Nicolaus cut their price objective on shares of Whirlpool from $45.00 to $37.00 and set a “hold” rating for the company in a report on Thursday, July 23rd. Finally, Bank of America reduced their price objective on shares of Whirlpool from $43.00 to $36.00 and set an “underperform” rating for the company in a research note on Monday, June 22nd. One analyst has rated the stock with a Buy rating, seven have given a Hold rating and three have given a Sell rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Reduce” and an average target price of $46.88.

Read Our Latest Stock Report on Whirlpool

Whirlpool Stock Performance

Shares of WHR opened at $43.18 on Friday. Whirlpool has a 1 year low of $35.45 and a 1 year high of $96.57. The company has a debt-to-equity ratio of 1.74, a current ratio of 1.15 and a quick ratio of 0.71. The stock’s fifty day moving average price is $39.29 and its two-hundred day moving average price is $54.16. The firm has a market cap of $2.82 billion, a PE ratio of 14.79, a PEG ratio of 19.24 and a beta of 1.16.

Whirlpool (NYSE:WHR – Get Free Report) last posted its quarterly earnings results on Monday, August 3rd. The company reported ($0.21) earnings per share 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 the consensus estimate of $3.55 billion. During the same quarter in the previous year, the company posted $1.34 EPS. The firm’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, equities research analysts forecast that Whirlpool will post 2.25 EPS for the current year.

Institutional Investors Weigh In On Whirlpool

Several hedge funds and other institutional investors have recently modified their holdings of WHR. Thrivent Financial for Lutherans raised its stake in Whirlpool by 0.8% in the second quarter. Thrivent Financial for Lutherans now owns 13,194 shares of the company’s stock worth $1,338,000 after buying an additional 109 shares in the last quarter. Old North State Wealth Management LLC lifted its holdings in Whirlpool by 5.2% during the fourth quarter. Old North State Wealth Management LLC now owns 2,889 shares of the company’s stock worth $209,000 after buying an additional 143 shares during the period. Hotchkis & Wiley Capital Management LLC boosted its position in Whirlpool by 0.3% during the 3rd quarter. Hotchkis & Wiley Capital Management LLC now owns 52,944 shares of the company’s stock valued at $4,161,000 after acquiring an additional 144 shares in the last quarter. Gamco Investors INC. ET AL increased 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 valued at $522,000 after acquiring an additional 150 shares during the period. Finally, Abel Hall LLC increased 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 valued at $947,000 after acquiring an additional 162 shares during the period. 90.78% of the stock is currently owned by institutional investors.

Whirlpool Company Profile

(Get Free Report)

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.

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