Whirlpool (NYSE:WHR) Price Target Lowered to $76.00 at JPMorgan Chase & Co.

Whirlpool (NYSE:WHR) had its target price lowered by JPMorgan Chase & Co. from $78.00 to $76.00 in a report released on Monday,Benzinga reports. The firm currently has a neutral rating on the stock.

Other analysts have also recently issued research reports about the company. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Whirlpool in a research report on Wednesday, January 21st. The Goldman Sachs Group cut their price objective on Whirlpool from $107.00 to $93.00 and set a “buy” rating on the stock in a research note on Monday, October 13th. Royal Bank Of Canada reaffirmed an “underperform” rating on shares of Whirlpool in a research report on Wednesday, October 29th. Stifel Nicolaus dropped their price target on shares of Whirlpool from $82.00 to $75.00 and set a “hold” rating on the stock in a research report on Friday. Finally, Wall Street Zen upgraded shares of Whirlpool from a “sell” rating to a “hold” rating in a research note on Saturday, November 1st. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, three have assigned a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $85.43.

Whirlpool Price Performance

NYSE WHR opened at $79.85 on Monday. The company has a quick ratio of 0.40, a current ratio of 0.76 and a debt-to-equity ratio of 2.06. The stock has a market capitalization of $4.48 billion, a PE ratio of 14.13 and a beta of 1.25. Whirlpool has a 12-month low of $65.35 and a 12-month high of $111.96. The company has a 50 day moving average price of $78.83 and a two-hundred day moving average price of $80.77.

Whirlpool (NYSE:WHR) last released its quarterly earnings results on Wednesday, January 28th. The company reported $1.10 earnings per share for the quarter, missing analysts’ consensus estimates of $1.54 by ($0.44). Whirlpool had a net margin of 2.04% and a return on equity of 12.98%. The business had revenue of $4.10 billion for the quarter, compared to the consensus estimate of $4.27 billion. During the same quarter in the prior year, the business posted $4.57 EPS. The firm’s revenue for the quarter was down 1.0% compared to the same quarter last year. Whirlpool has set its FY 2026 guidance at 7.000-7.000 EPS. As a group, equities analysts predict that Whirlpool will post 9.52 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Whirlpool

Several large investors have recently bought and sold shares of WHR. Abel Hall LLC bought a new position in shares of Whirlpool during the second quarter valued at $1,205,000. SG Americas Securities LLC increased its position in shares of Whirlpool by 2,119.5% during the 3rd quarter. SG Americas Securities LLC now owns 52,004 shares of the company’s stock worth $4,088,000 after purchasing an additional 49,661 shares in the last quarter. Quinn Opportunity Partners LLC lifted its holdings in Whirlpool by 30.4% during the 2nd quarter. Quinn Opportunity Partners LLC now owns 77,273 shares of the company’s stock valued at $7,837,000 after purchasing an additional 18,000 shares during the last quarter. Newport Trust Company LLC lifted its holdings in Whirlpool by 5.5% during the 3rd quarter. Newport Trust Company LLC now owns 2,169,688 shares of the company’s stock valued at $170,537,000 after purchasing an additional 112,579 shares during the last quarter. Finally, Griffin Asset Management Inc. acquired a new position in Whirlpool in the second quarter valued at about $372,000. 90.78% of the stock is currently owned by institutional investors and hedge funds.

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.