Signaturefd LLC Sells 586 Shares of Whirlpool Corporation $WHR

Signaturefd LLC decreased its holdings in Whirlpool Corporation (NYSE:WHR) by 36.5% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,018 shares of the company’s stock after selling 586 shares during the quarter. Signaturefd LLC’s holdings in Whirlpool were worth $103,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in WHR. Cheviot Value Management LLC bought a new position in Whirlpool in the 1st quarter worth $36,000. Ransom Advisory Ltd purchased a new stake in Whirlpool in the first quarter worth about $38,000. UMB Bank n.a. raised its stake in shares of Whirlpool by 40.4% in the first quarter. UMB Bank n.a. now owns 448 shares of the company’s stock worth $40,000 after buying an additional 129 shares during the period. Manitou Investment Management Ltd. purchased a new position in shares of Whirlpool during the 1st quarter valued at about $50,000. Finally, HHM Wealth Advisors LLC grew its stake in shares of Whirlpool by 77.2% during the 1st quarter. HHM Wealth Advisors LLC now owns 560 shares of the company’s stock valued at $50,000 after acquiring an additional 244 shares during the period. 90.78% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several equities analysts have weighed in on the stock. Zacks Research raised shares of Whirlpool from a “strong sell” rating to a “hold” rating in a report on Tuesday, September 30th. Wall Street Zen cut shares of Whirlpool from a “hold” rating to a “sell” rating in a research note on Saturday, July 26th. Weiss Ratings reiterated a “sell (d)” rating on shares of Whirlpool in a research note on Saturday, September 27th. Bank of America reissued an “underperform” rating and set a $70.00 price target (down from $100.00) on shares of Whirlpool in a report on Tuesday, July 29th. Finally, Longbow Research raised Whirlpool from a “neutral” rating to a “buy” rating and set a $145.00 price objective for the company in a research note on Monday, June 30th. Two equities research analysts have rated the stock with a Buy rating, three have issued a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat.com, Whirlpool currently has a consensus rating of “Reduce” and a consensus price target of $98.83.

Whirlpool Price Performance

Whirlpool stock opened at $80.05 on Friday. Whirlpool Corporation has a 52-week low of $73.72 and a 52-week high of $135.49. The company has a quick ratio of 0.46, a current ratio of 0.85 and a debt-to-equity ratio of 2.39. The firm’s fifty day moving average is $87.19 and its 200 day moving average is $87.71. The company has a market cap of $4.47 billion, a price-to-earnings ratio of -30.21 and a beta of 1.17.

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

Whirlpool Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, September 15th. Shareholders of record on Friday, August 29th were given a dividend of $0.90 per share. The ex-dividend date was Friday, August 29th. This represents a $3.60 dividend on an annualized basis and a yield of 4.5%. Whirlpool’s dividend payout ratio is -135.85%.

Whirlpool 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.