Brokerages Set Whirlpool Corporation (NYSE:WHR) Target Price at $85.43

Shares of Whirlpool Corporation (NYSE:WHR) have received an average rating of “Reduce” from the nine brokerages that are presently covering the company, Marketbeat reports. Three analysts have rated the stock with a sell rating, four have assigned a hold rating and two have issued a buy rating on the company. The average 12 month target price among brokers that have updated their coverage on the stock in the last year is $85.4286.

A number of equities research analysts have issued reports on WHR shares. Stifel Nicolaus cut their price target on shares of Whirlpool from $82.00 to $75.00 and set a “hold” rating on the stock in a report on Friday, January 30th. Zacks Research lowered shares of Whirlpool from a “strong-buy” rating to a “hold” rating in a report on Monday. Wall Street Zen raised Whirlpool from a “sell” rating to a “hold” rating in a research note on Saturday, November 1st. Royal Bank Of Canada restated an “underperform” rating on shares of Whirlpool in a report on Wednesday, October 29th. Finally, JPMorgan Chase & Co. dropped their price objective on Whirlpool from $78.00 to $76.00 and set a “neutral” rating for the company in a report on Monday, February 2nd.

Institutional Trading of Whirlpool

Several large investors have recently added to or reduced their stakes in the stock. Norges Bank bought a new position in Whirlpool in the 2nd quarter worth $71,595,000. Curi Capital LLC purchased a new position in shares of Whirlpool during the second quarter valued at about $57,699,000. Maple Rock Capital Partners Inc. raised its stake in Whirlpool by 357.2% in the second quarter. Maple Rock Capital Partners Inc. now owns 533,655 shares of the company’s stock worth $54,123,000 after buying an additional 416,945 shares in the last quarter. Orion Porfolio Solutions LLC raised its stake in Whirlpool by 2,795.1% in the second quarter. Orion Porfolio Solutions LLC now owns 234,564 shares of the company’s stock worth $23,789,000 after buying an additional 226,462 shares in the last quarter. Finally, RWWM Inc. lifted its holdings in Whirlpool by 68.4% in the third quarter. RWWM Inc. now owns 555,380 shares of the company’s stock worth $43,653,000 after buying an additional 225,513 shares during the period. Institutional investors own 90.78% of the company’s stock.

Whirlpool Stock Down 2.6%

WHR opened at $90.39 on Tuesday. Whirlpool has a 12 month low of $65.35 and a 12 month high of $111.96. The company has a current ratio of 0.76, a quick ratio of 0.40 and a debt-to-equity ratio of 2.06. The business’s 50-day moving average price is $80.32 and its 200-day moving average price is $80.53. The company has a market cap of $5.08 billion, a P/E ratio of 16.00, a P/E/G ratio of 1.52 and a beta of 1.25.

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

About Whirlpool

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.