Whirlpool Corporation $WHR Shares Acquired by SG Americas Securities LLC

SG Americas Securities LLC lifted its stake in Whirlpool Corporation (NYSE:WHR) by 2,119.5% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 52,004 shares of the company’s stock after acquiring an additional 49,661 shares during the quarter. SG Americas Securities LLC owned 0.09% of Whirlpool worth $4,088,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. EverSource Wealth Advisors LLC boosted its position in shares of Whirlpool by 129.2% during the second quarter. EverSource Wealth Advisors LLC now owns 369 shares of the company’s stock worth $37,000 after buying an additional 208 shares during the period. Legend Financial Advisors Inc. purchased a new position in Whirlpool during the 2nd quarter valued at about $51,000. Bogart Wealth LLC grew its position in Whirlpool by 80.6% in the 2nd quarter. Bogart Wealth LLC now owns 511 shares of the company’s stock valued at $52,000 after acquiring an additional 228 shares in the last quarter. MassMutual Private Wealth & Trust FSB increased its stake in Whirlpool by 315.6% during the second quarter. MassMutual Private Wealth & Trust FSB now owns 561 shares of the company’s stock worth $57,000 after purchasing an additional 426 shares during the period. Finally, Cheviot Value Management LLC lifted its position in shares of Whirlpool by 50.0% during the second quarter. Cheviot Value Management LLC now owns 600 shares of the company’s stock worth $61,000 after purchasing an additional 200 shares in the last quarter. Institutional investors and hedge funds own 90.78% of the company’s stock.

Analysts Set New Price Targets

Several brokerages recently weighed in on WHR. Stifel Nicolaus cut their target price on shares of Whirlpool from $80.00 to $69.00 and set a “hold” rating on the stock in a research note on Wednesday, October 29th. Wall Street Zen upgraded Whirlpool from a “sell” rating to a “hold” rating in a report on Saturday, November 1st. Zacks Research raised Whirlpool from a “strong sell” rating to a “hold” rating in a research report on Tuesday, September 30th. Weiss Ratings reissued a “sell (d)” rating on shares of Whirlpool in a research report on Wednesday, October 8th. Finally, The Goldman Sachs Group reduced their target price on shares of Whirlpool from $107.00 to $93.00 and set a “buy” rating on the stock in a report on Monday, October 13th. Two investment analysts have rated the stock with a Buy rating, four have issued a Hold rating and three have given a Sell rating to the stock. According to MarketBeat, the company currently has an average rating of “Reduce” and an average price target of $86.43.

Whirlpool Trading Up 2.5%

NYSE:WHR opened at $83.43 on Monday. Whirlpool Corporation has a 1 year low of $65.35 and a 1 year high of $135.49. The stock has a market cap of $4.68 billion, a P/E ratio of -24.83 and a beta of 1.24. The company has a debt-to-equity ratio of 2.33, a quick ratio of 0.47 and a current ratio of 0.86. The stock has a 50-day simple moving average of $74.03 and a 200-day simple moving average of $83.04.

Whirlpool (NYSE:WHR) last posted its earnings results on Monday, October 27th. The company reported $2.09 earnings per share for the quarter, topping the consensus estimate of $1.41 by $0.68. The firm had revenue of $4.03 billion during the quarter, compared to analysts’ expectations of $3.92 billion. Whirlpool had a positive return on equity of 19.49% and a negative net margin of 1.18%.The firm’s revenue was up 1.0% compared to the same quarter last year. During the same quarter in the previous year, the business earned $3.43 earnings per share. As a group, analysts anticipate that Whirlpool Corporation will post 9.52 earnings per share for the current fiscal year.

Whirlpool Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, December 15th. Stockholders of record on Friday, November 21st were issued a $0.90 dividend. The ex-dividend date was Friday, November 21st. This represents a $3.60 annualized dividend and a dividend yield of 4.3%. Whirlpool’s dividend payout ratio is presently -107.14%.

Whirlpool Company Profile

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.