Farther Finance Advisors LLC Has $408,000 Position in Whirlpool Corporation $WHR

Farther Finance Advisors LLC reduced its stake in shares of Whirlpool Corporation (NYSE:WHR) by 5.6% in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 4,020 shares of the company’s stock after selling 237 shares during the quarter. Farther Finance Advisors LLC’s holdings in Whirlpool were worth $408,000 as of its most recent filing with the SEC.

Other institutional investors have also made changes to their positions in the company. Cheviot Value Management LLC bought a new position in shares of Whirlpool in the first quarter valued at approximately $36,000. Ransom Advisory Ltd bought a new position in shares of Whirlpool in the first quarter valued at approximately $38,000. UMB Bank n.a. raised its position in shares of Whirlpool by 40.4% in the first quarter. UMB Bank n.a. now owns 448 shares of the company’s stock valued at $40,000 after purchasing an additional 129 shares during the period. Manitou Investment Management Ltd. bought a new position in shares of Whirlpool in the first quarter valued at approximately $50,000. Finally, HHM Wealth Advisors LLC raised its position in shares of Whirlpool by 77.2% in the first quarter. HHM Wealth Advisors LLC now owns 560 shares of the company’s stock valued at $50,000 after purchasing an additional 244 shares during the period. 90.78% of the stock is currently owned by institutional investors and hedge funds.

Whirlpool Stock Performance

Whirlpool stock opened at $77.44 on Monday. The stock has a 50-day simple moving average of $89.01 and a 200 day simple moving average of $88.17. The company has a quick ratio of 0.46, a current ratio of 0.85 and a debt-to-equity ratio of 2.39. Whirlpool Corporation has a 12-month low of $73.72 and a 12-month high of $135.49. The stock has a market capitalization of $4.33 billion, a price-to-earnings ratio of -29.22 and a beta of 1.16.

Whirlpool (NYSE:WHR) last released its quarterly earnings results on Monday, July 28th. The company reported $1.34 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.54 by ($0.20). Whirlpool had a negative net margin of 0.95% and a positive return on equity of 20.81%. The business had revenue of $3.77 billion during the quarter, compared to the consensus estimate of $3.88 billion. During the same period in the prior year, the firm earned $2.39 earnings per share. The business’s quarterly revenue was down 5.4% compared to the same quarter last year. Whirlpool has set its FY 2025 guidance at 6.000-8.000 EPS. On average, research analysts anticipate that Whirlpool Corporation will post 9.52 earnings per share for the current fiscal year.

Whirlpool Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, September 15th. Stockholders of record on Friday, August 29th were paid a $0.90 dividend. The ex-dividend date of this dividend was Friday, August 29th. This represents a $3.60 dividend on an annualized basis and a dividend yield of 4.6%. Whirlpool’s dividend payout ratio is -135.85%.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on WHR shares. Wall Street Zen lowered shares of Whirlpool from a “hold” rating to a “sell” rating in a research report on Saturday, July 26th. Royal Bank Of Canada dropped their price target on shares of Whirlpool from $65.00 to $63.00 and set an “underperform” rating on the stock in a research report on Wednesday, July 30th. Loop Capital reissued a “hold” rating and issued a $88.00 price target on shares of Whirlpool in a research report on Monday, August 4th. Longbow Research upgraded shares of Whirlpool from a “neutral” rating to a “buy” rating and set a $145.00 price objective on the stock in a research note on Monday, June 30th. Finally, Bank of America restated an “underperform” rating and issued a $70.00 price objective (down previously from $100.00) on shares of Whirlpool in a research note on Tuesday, July 29th. Two equities research analysts have rated the stock with a Buy rating, two have given a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $98.83.

Whirlpool Company Profile

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.