Corient Private Wealth LLC Has $605,000 Stake in Whirlpool Co. (NYSE:WHR)

Corient Private Wealth LLC trimmed its holdings in shares of Whirlpool Co. (NYSE:WHRFree Report) by 4.0% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 4,971 shares of the company’s stock after selling 207 shares during the quarter. Corient Private Wealth LLC’s holdings in Whirlpool were worth $605,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Private Trust Co. NA grew its position in shares of Whirlpool by 190.7% in the fourth quarter. Private Trust Co. NA now owns 282 shares of the company’s stock valued at $34,000 after purchasing an additional 185 shares during the last quarter. NBC Securities Inc. acquired a new stake in shares of Whirlpool in the third quarter valued at about $40,000. ORG Partners LLC acquired a new stake in shares of Whirlpool in the fourth quarter valued at about $37,000. Headlands Technologies LLC acquired a new stake in shares of Whirlpool in the third quarter valued at about $52,000. Finally, Federated Hermes Inc. grew its position in shares of Whirlpool by 79.4% in the fourth quarter. Federated Hermes Inc. now owns 436 shares of the company’s stock valued at $53,000 after purchasing an additional 193 shares during the last quarter. 90.78% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on the stock. Royal Bank of Canada reduced their target price on shares of Whirlpool from $85.00 to $79.00 and set an “underperform” rating for the company in a research note on Friday, April 26th. StockNews.com cut shares of Whirlpool from a “buy” rating to a “hold” rating in a research note on Friday, April 26th. Bank of America increased their target price on shares of Whirlpool from $63.00 to $75.00 in a research note on Friday, May 17th. Finally, Loop Capital began coverage on shares of Whirlpool in a research note on Thursday, February 22nd. They set a “buy” rating and a $140.00 price target for the company. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and one has issued a buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $111.00.

Read Our Latest Research Report on WHR

Whirlpool Stock Performance

Shares of Whirlpool stock opened at $89.50 on Thursday. The company has a debt-to-equity ratio of 2.56, a current ratio of 0.95 and a quick ratio of 0.58. The firm has a market cap of $4.89 billion, a P/E ratio of 12.33 and a beta of 1.48. The firm has a 50 day simple moving average of $99.76 and a 200 day simple moving average of $107.95. Whirlpool Co. has a fifty-two week low of $84.18 and a fifty-two week high of $160.62.

Whirlpool (NYSE:WHRGet Free Report) last released its earnings results on Wednesday, April 24th. The company reported $1.78 EPS for the quarter, topping analysts’ consensus estimates of $1.61 by $0.17. Whirlpool had a net margin of 2.07% and a return on equity of 35.16%. The firm had revenue of $4.49 billion during the quarter, compared to analyst estimates of $4.42 billion. During the same quarter in the previous year, the business earned $2.66 EPS. The business’s quarterly revenue was down 3.4% compared to the same quarter last year. Sell-side analysts predict that Whirlpool Co. will post 12.37 earnings per share for the current fiscal year.

Whirlpool Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Saturday, June 15th. Stockholders of record on Friday, May 17th will be given a dividend of $1.75 per share. The ex-dividend date is Thursday, May 16th. This represents a $7.00 dividend on an annualized basis and a dividend yield of 7.82%. Whirlpool’s dividend payout ratio is 96.42%.

Whirlpool Company Profile

(Free Report)

Whirlpool Corporation manufactures and markets home appliances and related products and services in the North America, Europe, the Middle East, Africa, Latin America, and Asia. The company's principal products include refrigerators, freezers, ice makers, and refrigerator water filters; laundry appliances, and commercial laundry products and related laundry accessories; cooking and other small domestic appliances; and dishwasher appliances and related accessories, as well as mixers.

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Institutional Ownership by Quarter for Whirlpool (NYSE:WHR)

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