CenterBook Partners LP Grows Stake in Whirlpool Corporation $WHR

CenterBook Partners LP boosted its position in shares of Whirlpool Corporation (NYSE:WHR) by 56.2% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 22,836 shares of the company’s stock after acquiring an additional 8,218 shares during the quarter. CenterBook Partners LP’s holdings in Whirlpool were worth $1,795,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of the company. Advisors Capital Management LLC grew its stake in shares of Whirlpool by 2.7% during the 3rd quarter. Advisors Capital Management LLC now owns 300,276 shares of the company’s stock valued at $23,602,000 after purchasing an additional 7,851 shares during the period. Readystate Asset Management LP boosted its holdings in shares of Whirlpool by 1,632.5% in the third quarter. Readystate Asset Management LP now owns 62,750 shares of the company’s stock worth $4,932,000 after buying an additional 59,128 shares during the last quarter. Fifth Third Bancorp grew its position in Whirlpool by 14.0% during the third quarter. Fifth Third Bancorp now owns 1,560 shares of the company’s stock valued at $123,000 after buying an additional 191 shares during the period. PNC Financial Services Group Inc. grew its position in Whirlpool by 0.4% during the third quarter. PNC Financial Services Group Inc. now owns 41,572 shares of the company’s stock valued at $3,268,000 after buying an additional 158 shares during the period. Finally, Truffle Hound Capital LLC increased its holdings in Whirlpool by 100.0% during the third quarter. Truffle Hound Capital LLC now owns 40,000 shares of the company’s stock valued at $3,144,000 after buying an additional 20,000 shares during the last quarter. Institutional investors own 90.78% of the company’s stock.

Whirlpool Stock Performance

NYSE WHR opened at $85.58 on Friday. The company has a quick ratio of 0.40, a current ratio of 0.76 and a debt-to-equity ratio of 2.06. Whirlpool Corporation has a twelve month low of $65.35 and a twelve month high of $111.96. The business has a 50-day moving average price of $81.39 and a 200-day moving average price of $80.56. The firm has a market cap of $4.84 billion, a price-to-earnings ratio of 15.15, a price-to-earnings-growth ratio of 1.42 and a beta of 1.25.

Whirlpool (NYSE:WHR) last issued its 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 business had revenue of $4.10 billion for the quarter, compared to the consensus estimate of $4.27 billion. Whirlpool had a net margin of 2.04% and a return on equity of 12.98%. The firm’s revenue for the quarter was down 1.0% compared to the same quarter last year. During the same period last year, the business posted $4.57 EPS. Whirlpool has set its FY 2026 guidance at 7.000-7.000 EPS. As a group, equities research analysts predict that Whirlpool Corporation will post 9.52 EPS for the current fiscal year.

Whirlpool Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 26th. Shareholders of record on Friday, February 27th will be issued a $0.90 dividend. This represents a $3.60 dividend on an annualized basis and a yield of 4.2%. The ex-dividend date is Friday, February 27th. Whirlpool’s payout ratio is currently 63.72%.

Analysts Set New Price Targets

Several brokerages have recently weighed in on WHR. Wall Street Zen upgraded shares of Whirlpool from a “sell” rating to a “hold” rating in a research note on Saturday, November 1st. Zacks Research cut Whirlpool from a “strong-buy” rating to a “hold” rating in a report on Monday, February 9th. JPMorgan Chase & Co. cut their price target on Whirlpool from $78.00 to $76.00 and set a “neutral” rating for the company in a report on Monday, February 2nd. Royal Bank Of Canada restated an “underperform” rating on shares of Whirlpool in a research report on Wednesday, October 29th. Finally, Stifel Nicolaus lowered their price objective on Whirlpool from $82.00 to $75.00 and set a “hold” rating on the stock in a research report on Friday, January 30th. Two investment analysts have rated the stock with a Buy rating, five have given a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, Whirlpool has a consensus rating of “Hold” and a consensus target price of $85.43.

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.