JPMorgan Chase & Co. Has Lowered Expectations for Whirlpool (NYSE:WHR) Stock Price

Whirlpool (NYSE:WHRGet Free Report) had its price target lowered by analysts at JPMorgan Chase & Co. from $76.00 to $59.00 in a research report issued to clients and investors on Friday,Benzinga reports. The brokerage currently has a “neutral” rating on the stock. JPMorgan Chase & Co.‘s price target suggests a potential upside of 2.61% from the stock’s previous close.

Several other research analysts have also recently issued reports on the stock. Zacks Research cut shares of Whirlpool from a “hold” rating to a “strong sell” rating in a report on Tuesday, March 10th. Weiss Ratings raised Whirlpool from a “sell (d)” rating to a “hold (c-)” rating in a report on Thursday, February 12th. Finally, Stifel Nicolaus cut their target price on Whirlpool from $75.00 to $68.00 and set a “hold” rating for the company in a research note on Monday, March 2nd. Two research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and three have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Reduce” and a consensus target price of $82.00.

View Our Latest Stock Report on WHR

Whirlpool Stock Performance

NYSE:WHR opened at $57.50 on Friday. The company has a debt-to-equity ratio of 2.06, a current ratio of 0.76 and a quick ratio of 0.40. The firm has a market cap of $3.25 billion, a price-to-earnings ratio of 10.18, a price-to-earnings-growth ratio of 2.72 and a beta of 1.27. The firm’s fifty day moving average price is $78.61 and its 200 day moving average price is $77.99. Whirlpool has a 1-year low of $56.33 and a 1-year high of $111.96.

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

Institutional Trading of Whirlpool

Institutional investors have recently added to or reduced their stakes in the stock. World Investment Advisors acquired a new position in Whirlpool during the fourth quarter worth about $283,000. Corient Private Wealth LLC increased its holdings in Whirlpool by 36.0% in the fourth quarter. Corient Private Wealth LLC now owns 5,778 shares of the company’s stock valued at $417,000 after buying an additional 1,531 shares in the last quarter. Virtu Financial LLC lifted its position in shares of Whirlpool by 10.7% during the 4th quarter. Virtu Financial LLC now owns 21,512 shares of the company’s stock valued at $1,552,000 after acquiring an additional 2,084 shares during the period. Invesco Ltd. boosted its stake in shares of Whirlpool by 19.2% during the 4th quarter. Invesco Ltd. now owns 301,181 shares of the company’s stock worth $21,727,000 after acquiring an additional 48,539 shares in the last quarter. Finally, NewEdge Advisors LLC boosted its stake in shares of Whirlpool by 471.1% during the 4th quarter. NewEdge Advisors LLC now owns 3,535 shares of the company’s stock worth $255,000 after acquiring an additional 2,916 shares in the last quarter. Hedge funds and other institutional investors own 90.78% of the company’s stock.

Whirlpool Company Profile

(Get Free Report)

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.

Featured Stories

Analyst Recommendations for Whirlpool (NYSE:WHR)

Receive News & Ratings for Whirlpool Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Whirlpool and related companies with MarketBeat.com's FREE daily email newsletter.