Whirlpool (NYSE:WHR) Price Target Cut to $40.00 by Analysts at Mizuho

Whirlpool (NYSE:WHR) had its target price cut by Mizuho from $45.00 to $40.00 in a report published on Tuesday, MarketBeat Ratings reports. They currently have a neutral rating on the stock.

A number of other brokerages have also recently weighed in on WHR. JPMorgan Chase & Co. reduced their price target on shares of Whirlpool from $59.00 to $52.00 and set a “neutral” rating on the stock in a research report on Monday, May 11th. Bank of America dropped their price objective on shares of Whirlpool from $43.00 to $36.00 and set an “underperform” rating for the company in a research report on Monday, June 22nd. Royal Bank Of Canada cut their target price on shares of Whirlpool from $32.00 to $30.00 and set an “underperform” rating on the stock in a research note on Tuesday, June 16th. Citigroup reduced their target price on shares of Whirlpool from $50.00 to $42.00 and set a “neutral” rating on the stock in a report on Tuesday, July 14th. Finally, Weiss Ratings cut shares of Whirlpool from a “hold (c-)” rating to a “sell (d)” rating in a research report on Friday, May 8th. One investment analyst has rated the stock with a Buy rating, seven have assigned a Hold rating and four have given a Sell rating to the stock. According to MarketBeat.com, Whirlpool currently has an average rating of “Reduce” and an average price target of $53.22.

Whirlpool Stock Performance

Whirlpool stock opened at $36.39 on Tuesday. The company has a market cap of $2.36 billion, a price-to-earnings ratio of 12.38, a price-to-earnings-growth ratio of 31.96 and a beta of 1.16. Whirlpool has a 12 month low of $36.01 and a 12 month high of $100.49. The company has a debt-to-equity ratio of 1.48, a current ratio of 0.88 and a quick ratio of 0.48. The stock’s 50-day moving average is $39.96 and its 200-day moving average is $57.98.

Whirlpool (NYSE:WHR) last issued its earnings results on Wednesday, May 6th. The company reported ($0.56) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.43 by ($0.99). The firm had revenue of $3.27 billion for the quarter, compared to analysts’ expectations of $3.44 billion. Whirlpool had a return on equity of 7.68% and a net margin of 1.08%.The firm’s revenue for the quarter was down 9.6% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.70 EPS. Whirlpool has set its FY 2026 guidance at 3.000-3.500 EPS. Equities analysts anticipate that Whirlpool will post 1.15 earnings per share for the current year.

Institutional Investors Weigh In On Whirlpool

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. RWWM Inc. lifted its holdings in Whirlpool by 191.6% in the 1st quarter. RWWM Inc. now owns 2,422,618 shares of the company’s stock worth $130,628,000 after buying an additional 1,591,849 shares in the last quarter. Norges Bank acquired a new stake in shares of Whirlpool during the fourth quarter valued at about $31,959,000. Freestone Grove Partners LP purchased a new stake in shares of Whirlpool during the fourth quarter worth about $22,729,000. Orion Porfolio Solutions LLC increased its position in shares of Whirlpool by 2,795.1% during the second quarter. Orion Porfolio Solutions LLC now owns 234,564 shares of the company’s stock worth $23,789,000 after acquiring an additional 226,462 shares during the last quarter. Finally, Newport Trust Company LLC lifted its stake in shares of Whirlpool by 10.2% in the fourth quarter. Newport Trust Company LLC now owns 2,391,252 shares of the company’s stock worth $172,505,000 after acquiring an additional 221,564 shares in the last quarter. Hedge funds and other institutional investors own 90.78% of the company’s stock.

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.