Whirlpool Corporation $WHR Shares Purchased by SG Americas Securities LLC

SG Americas Securities LLC increased its position in shares of Whirlpool Corporation (NYSE:WHR) by 2,119.5% during the third quarter, HoldingsChannel reports. The institutional investor owned 52,004 shares of the company’s stock after buying an additional 49,661 shares during the quarter. SG Americas Securities LLC’s holdings in Whirlpool were worth $4,088,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also modified their holdings of the company. Norges Bank purchased a new position in shares of Whirlpool during the second quarter worth approximately $71,595,000. Curi Capital LLC acquired a new stake in shares of Whirlpool during the second quarter worth about $57,699,000. Maple Rock Capital Partners Inc. grew its holdings in shares of Whirlpool by 357.2% during the second quarter. Maple Rock Capital Partners Inc. now owns 533,655 shares of the company’s stock worth $54,123,000 after buying an additional 416,945 shares during the last quarter. Orion Porfolio Solutions LLC increased its position in Whirlpool by 2,795.1% in the 2nd quarter. Orion Porfolio Solutions LLC now owns 234,564 shares of the company’s stock valued at $23,789,000 after acquiring an additional 226,462 shares during the period. Finally, Advisors Capital Management LLC raised its stake in Whirlpool by 72.1% during the 2nd quarter. Advisors Capital Management LLC now owns 292,425 shares of the company’s stock valued at $29,658,000 after acquiring an additional 122,493 shares during the last quarter. 90.78% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research analysts have weighed in on WHR shares. Stifel Nicolaus lowered their target price on Whirlpool from $80.00 to $69.00 and set a “hold” rating on the stock in a research note on Wednesday, October 29th. Wall Street Zen upgraded shares of Whirlpool from a “sell” rating to a “hold” rating in a research report on Saturday, November 1st. Royal Bank Of Canada reissued an “underperform” rating on shares of Whirlpool in a research note on Wednesday, October 29th. Zacks Research upgraded shares of Whirlpool from a “strong sell” rating to a “hold” rating in a research note on Tuesday, September 30th. Finally, Weiss Ratings reaffirmed a “sell (d)” rating on shares of Whirlpool in a report on Wednesday, October 8th. Two analysts have rated the stock with a Buy rating, four have assigned a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat.com, Whirlpool presently has a consensus rating of “Reduce” and an average target price of $86.43.

Whirlpool Price Performance

Whirlpool stock opened at $83.43 on Monday. The company has a market cap of $4.68 billion, a P/E ratio of -24.83 and a beta of 1.24. Whirlpool Corporation has a one year low of $65.35 and a one year high of $135.49. The business has a fifty day moving average of $74.03 and a two-hundred day moving average of $83.04. The company has a debt-to-equity ratio of 2.33, a quick ratio of 0.47 and a current ratio of 0.86.

Whirlpool (NYSE:WHR) last announced its quarterly earnings results on Monday, October 27th. The company reported $2.09 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.41 by $0.68. The business had revenue of $4.03 billion during the quarter, compared to the consensus estimate of $3.92 billion. Whirlpool had a negative net margin of 1.18% and a positive return on equity of 19.49%. The business’s revenue was up 1.0% compared to the same quarter last year. During the same quarter last year, the firm posted $3.43 EPS. As a group, analysts predict that Whirlpool Corporation will post 9.52 earnings per share for the current fiscal year.

Whirlpool Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, December 15th. Stockholders of record on Friday, November 21st were given a dividend of $0.90 per share. This represents a $3.60 dividend on an annualized basis and a dividend yield of 4.3%. The ex-dividend date was Friday, November 21st. Whirlpool’s dividend payout ratio (DPR) is presently -107.14%.

Whirlpool 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.