Whirlpool (NYSE:WHR) Given New $37.00 Price Target at Stifel Nicolaus

Whirlpool (NYSE:WHR) had its target price trimmed by Stifel Nicolaus from $45.00 to $37.00 in a report issued on Thursday morning, Marketbeat reports. The brokerage currently has a hold rating on the stock.

A number of other research analysts also recently weighed in on WHR. Weiss Ratings downgraded shares of Whirlpool from a “hold (c-)” rating to a “sell (d)” rating in a research report on Friday, May 8th. Mizuho cut their target price on shares of Whirlpool from $45.00 to $40.00 and set a “neutral” rating for the company in a research report on Tuesday. BNP Paribas Exane initiated coverage on shares of Whirlpool in a research note on Monday, July 13th. They set a “neutral” rating and a $43.00 target price for the company. Citigroup lowered their price target on Whirlpool from $50.00 to $42.00 and set a “neutral” rating on the stock in a report on Tuesday, July 14th. Finally, Wall Street Zen upgraded Whirlpool from a “strong sell” rating to a “sell” rating in a research note on Saturday, June 27th. One equities research analyst has rated the stock with a Buy rating, seven have issued a Hold rating and four have given a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Reduce” and a consensus price target of $51.22.

Whirlpool Price Performance

NYSE WHR opened at $35.71 on Thursday. Whirlpool has a one year low of $35.45 and a one year high of $100.49. The stock has a 50-day moving average of $39.73 and a 200 day moving average of $57.46. The company has a market capitalization of $2.31 billion, a price-to-earnings ratio of 12.15, a PEG ratio of 32.16 and a beta of 1.16. The company has a debt-to-equity ratio of 1.48, a quick ratio of 0.48 and a current ratio of 0.88.

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

Institutional Trading of Whirlpool

Several large investors have recently added to or reduced their stakes in the business. Thrivent Financial for Lutherans raised its position in Whirlpool by 0.8% in the 2nd quarter. Thrivent Financial for Lutherans now owns 13,194 shares of the company’s stock worth $1,338,000 after purchasing an additional 109 shares during the period. Old North State Wealth Management LLC grew its stake in shares of Whirlpool by 5.2% during the fourth quarter. Old North State Wealth Management LLC now owns 2,889 shares of the company’s stock valued at $209,000 after buying an additional 143 shares during the last quarter. Hotchkis & Wiley Capital Management LLC grew its stake in shares of Whirlpool by 0.3% during the third quarter. Hotchkis & Wiley Capital Management LLC now owns 52,944 shares of the company’s stock valued at $4,161,000 after buying an additional 144 shares during the last quarter. Gamco Investors INC. ET AL raised its holdings in shares of Whirlpool by 3.0% in the second quarter. Gamco Investors INC. ET AL now owns 5,150 shares of the company’s stock worth $522,000 after buying an additional 150 shares during the period. Finally, Abel Hall LLC raised its holdings in shares of Whirlpool by 1.4% in the third quarter. Abel Hall LLC now owns 12,044 shares of the company’s stock worth $947,000 after buying an additional 162 shares during the period. 90.78% of the stock is currently owned by institutional investors.

Key Headlines Impacting Whirlpool

Here are the key news stories impacting Whirlpool this week:

• Positive Sentiment: Whirlpool announced a partnership with GrowthLoop to strengthen its direct-to-consumer strategy for KitchenAid small appliances, which could support customer engagement and longer-term digital sales growth. Whirlpool Corporation to Collaborate with GrowthLoop on Direct-to-Consumer Strategy
• Neutral Sentiment: Whirlpool rescheduled its second-quarter earnings release to August 3 and its conference call to August 4, giving investors a slightly longer wait for updated guidance and results. WHIRLPOOL CORPORATION RESCHEDULES SECOND-QUARTER EARNINGS RELEASE TO AUGUST 3RD AND CONFERENCE CALL TO AUGUST 4TH
• Neutral Sentiment: Analyst commentary remained mixed, with Stifel lowering its price target to $37 from $45 while maintaining a hold rating, and other previews highlighting expectations for weaker sales and earnings but some margin recovery from pricing and cost cuts. Benzinga report on Stifel price target cut
• Negative Sentiment: Recent previews and “pessimistic forecast” coverage suggest Whirlpool’s Q2 results may show steep declines in sales and earnings, reinforcing concerns that demand remains weak ahead of the report. Whirlpool’s Q2 Earnings Coming Up: Here’s What You Should Know

Whirlpool Company Profile

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.