Whirlpool Co. (NYSE:WHR) Stock Holdings Boosted by Janney Montgomery Scott LLC

Janney Montgomery Scott LLC lifted its position in shares of Whirlpool Co. (NYSE:WHRFree Report) by 20.0% in the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 41,855 shares of the company’s stock after acquiring an additional 6,984 shares during the period. Janney Montgomery Scott LLC owned 0.08% of Whirlpool worth $5,007,000 as of its most recent filing with the SEC.

Several other institutional investors have also modified their holdings of WHR. Private Trust Co. NA grew its position in Whirlpool by 190.7% in the 4th quarter. Private Trust Co. NA now owns 282 shares of the company’s stock valued at $34,000 after buying an additional 185 shares in the last quarter. ORG Partners LLC bought a new position in Whirlpool in the 4th quarter valued at about $37,000. Salem Investment Counselors Inc. bought a new position in Whirlpool in the 1st quarter valued at about $45,000. Parallel Advisors LLC grew its position in Whirlpool by 82.5% in the 4th quarter. Parallel Advisors LLC now owns 407 shares of the company’s stock valued at $50,000 after buying an additional 184 shares in the last quarter. Finally, Federated Hermes Inc. grew its position in Whirlpool by 79.4% in the 4th quarter. Federated Hermes Inc. now owns 436 shares of the company’s stock valued at $53,000 after buying an additional 193 shares in the last quarter. Institutional investors own 90.78% of the company’s stock.

Whirlpool Price Performance

WHR stock opened at $102.86 on Thursday. The company has a current ratio of 0.95, a quick ratio of 0.58 and a debt-to-equity ratio of 2.56. Whirlpool Co. has a one year low of $84.18 and a one year high of $160.62. The firm has a market capitalization of $5.62 billion, a PE ratio of 14.17 and a beta of 1.44. The firm has a 50-day moving average of $93.18 and a two-hundred day moving average of $104.90.

Whirlpool (NYSE:WHRGet Free Report) last posted its quarterly earnings data on Wednesday, April 24th. The company reported $1.78 EPS for the quarter, beating 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 company had revenue of $4.49 billion during the quarter, compared to analyst estimates of $4.42 billion. During the same period in the prior year, the firm earned $2.66 earnings per share. The business’s quarterly revenue was down 3.4% on a year-over-year basis. On average, analysts forecast that Whirlpool Co. will post 12.37 earnings per share for the current year.

Whirlpool Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Saturday, June 15th. Shareholders of record on Friday, May 17th were paid a dividend of $1.75 per share. This represents a $7.00 dividend on an annualized basis and a yield of 6.81%. The ex-dividend date of this dividend was Thursday, May 16th. Whirlpool’s dividend payout ratio is presently 96.42%.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on WHR shares. Royal Bank of Canada decreased their target price on shares of Whirlpool from $85.00 to $79.00 and set an “underperform” rating for the company in a research report on Friday, April 26th. StockNews.com downgraded shares of Whirlpool from a “buy” rating to a “hold” rating in a report on Friday, April 26th. Finally, Bank of America upped their price target on shares of Whirlpool from $63.00 to $75.00 in a report on Friday, May 17th. One research analyst has rated the stock with a sell rating, four have issued a hold rating and one has issued a buy rating to the stock. According to MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $111.00.

Read Our Latest Stock Analysis on Whirlpool

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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