Whirlpool Corporation (NYSE:WHR) Given Consensus Rating of “Reduce” by Analysts

Shares of Whirlpool Corporation (NYSE:WHR) have received a consensus recommendation of “Reduce” from the eleven research firms that are currently covering the firm, MarketBeat reports. Three equities research analysts have rated the stock with a sell recommendation, six have assigned a hold recommendation and two have assigned a buy recommendation to the company. The average twelve-month price objective among brokerages that have issued ratings on the stock in the last year is $82.00.

WHR has been the subject of a number of research reports. Weiss Ratings raised Whirlpool from a “sell (d)” rating to a “hold (c-)” rating in a research note on Thursday, February 12th. JPMorgan Chase & Co. lowered their target price on Whirlpool from $76.00 to $59.00 and set a “neutral” rating on the stock in a research report on Friday, March 13th. Zacks Research cut Whirlpool from a “hold” rating to a “strong sell” rating in a report on Tuesday, March 10th. Stifel Nicolaus reduced their price target on shares of Whirlpool from $75.00 to $68.00 and set a “hold” rating for the company in a research report on Monday, March 2nd. Finally, Raymond James Financial restated a “market perform” rating on shares of Whirlpool in a research note on Monday, March 16th.

Institutional Investors Weigh In On Whirlpool

A number of institutional investors and hedge funds have recently made changes to their positions in WHR. Causeway Capital Management LLC raised its stake in shares of Whirlpool by 42.3% in the third quarter. Causeway Capital Management LLC now owns 617,039 shares of the company’s stock worth $48,499,000 after purchasing an additional 183,496 shares during the last quarter. SG Americas Securities LLC lifted its holdings in shares of Whirlpool by 2,119.5% in the third quarter. SG Americas Securities LLC now owns 52,004 shares of the company’s stock valued at $4,088,000 after purchasing an additional 49,661 shares in the last quarter. Russell Investments Group Ltd. boosted its position in shares of Whirlpool by 34.0% during the third quarter. Russell Investments Group Ltd. now owns 401,640 shares of the company’s stock valued at $31,569,000 after buying an additional 101,962 shares during the last quarter. Newport Trust Company LLC grew its holdings in Whirlpool by 5.5% during the third quarter. Newport Trust Company LLC now owns 2,169,688 shares of the company’s stock worth $170,537,000 after buying an additional 112,579 shares in the last quarter. Finally, Curi Capital LLC bought a new stake in Whirlpool during the second quarter worth $57,699,000. Institutional investors and hedge funds own 90.78% of the company’s stock.

Whirlpool Price Performance

Shares of NYSE WHR opened at $54.01 on Wednesday. The firm has a market capitalization of $3.05 billion, a P/E ratio of 9.56, a P/E/G ratio of 2.50 and a beta of 1.27. The firm’s 50-day moving average price is $71.64 and its 200-day moving average price is $74.57. The company has a current ratio of 0.76, a quick ratio of 0.40 and a debt-to-equity ratio of 2.06. Whirlpool has a 1-year low of $50.41 and a 1-year high of $111.96.

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

Whirlpool Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 26th. Stockholders of record on Friday, February 27th were issued a dividend of $0.90 per share. This represents a $3.60 dividend on an annualized basis and a dividend yield of 6.7%. The ex-dividend date was Friday, February 27th. Whirlpool’s dividend payout ratio (DPR) is currently 63.72%.

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.