Shares of Whirlpool Co. (NYSE:WHR) have earned an average rating of “Hold” from the eight analysts that are covering the firm, MarketBeat.com reports. One research analyst has rated the stock with a sell rating, six have given a hold rating and one has given a buy rating to the company. The average twelve-month price objective among analysts that have updated their coverage on the stock in the last year is $183.60.

Several equities research analysts recently weighed in on WHR shares. Bank of America cut Whirlpool from a “buy” rating to a “neutral” rating and set a $183.00 price target on the stock. in a research note on Tuesday, October 24th. MKM Partners set a $177.00 price target on Whirlpool and gave the stock a “hold” rating in a research note on Friday, October 6th. Zacks Investment Research cut Whirlpool from a “hold” rating to a “sell” rating in a research note on Wednesday, October 18th. Royal Bank Of Canada reissued a “buy” rating and issued a $209.00 target price on shares of Whirlpool in a research note on Tuesday, October 10th. Finally, ValuEngine cut Whirlpool from a “buy” rating to a “hold” rating in a research note on Friday, September 1st.

Shares of Whirlpool (NYSE:WHR) traded down $1.11 during mid-day trading on Friday, reaching $167.46. The company had a trading volume of 776,849 shares, compared to its average volume of 851,839. The stock has a market capitalization of $12,030.00, a PE ratio of 11.95, a price-to-earnings-growth ratio of 1.69 and a beta of 1.87. Whirlpool has a 12 month low of $158.80 and a 12 month high of $202.99. The company has a debt-to-equity ratio of 0.65, a quick ratio of 0.55 and a current ratio of 0.90.

Whirlpool (NYSE:WHR) last issued its quarterly earnings results on Monday, October 23rd. The company reported $3.83 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $3.90 by ($0.07). The firm had revenue of $5.42 billion during the quarter, compared to analysts’ expectations of $5.50 billion. Whirlpool had a return on equity of 18.45% and a net margin of 3.76%. Whirlpool’s revenue for the quarter was up 3.2% on a year-over-year basis. During the same period in the previous year, the company earned $3.66 earnings per share. equities research analysts predict that Whirlpool will post 13.7 earnings per share for the current year.

The business also recently announced a quarterly dividend, which will be paid on Friday, December 15th. Stockholders of record on Friday, November 17th will be paid a $1.10 dividend. The ex-dividend date is Thursday, November 16th. This represents a $4.40 dividend on an annualized basis and a dividend yield of 2.63%. Whirlpool’s dividend payout ratio is currently 41.51%.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Dupont Capital Management Corp purchased a new stake in shares of Whirlpool in the second quarter worth $100,000. Sun Life Financial INC grew its stake in shares of Whirlpool by 7,628.6% in the second quarter. Sun Life Financial INC now owns 541 shares of the company’s stock worth $104,000 after acquiring an additional 534 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its stake in shares of Whirlpool by 26.5% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 644 shares of the company’s stock worth $123,000 after acquiring an additional 135 shares during the last quarter. Valeo Financial Advisors LLC bought a new position in shares of Whirlpool during the third quarter valued at $129,000. Finally, Westwood Holdings Group Inc. bought a new position in shares of Whirlpool during the second quarter valued at $153,000. 92.78% of the stock is currently owned by hedge funds and other institutional investors.

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About Whirlpool

Whirlpool Corporation is a manufacturer and marketer of home appliances. The Company’s segments include North America; Europe, Middle East and Africa (EMEA); Latin America, and Asia. In North America, the Company markets and distributes home appliances and small domestic appliances under a range of brand names.

Analyst Recommendations for Whirlpool (NYSE:WHR)

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