Whirlpool Corporation $WHR Stock Position Lowered by J.W. Cole Advisors Inc.

J.W. Cole Advisors Inc. decreased its position in Whirlpool Corporation (NYSE:WHR) by 32.2% in the third quarter, HoldingsChannel reports. The firm owned 12,618 shares of the company’s stock after selling 6,004 shares during the period. J.W. Cole Advisors Inc.’s holdings in Whirlpool were worth $992,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in the company. SG Americas Securities LLC boosted its position 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 worth $4,088,000 after buying an additional 49,661 shares during the period. Quinn Opportunity Partners LLC lifted its stake in Whirlpool by 30.4% in the 2nd quarter. Quinn Opportunity Partners LLC now owns 77,273 shares of the company’s stock worth $7,837,000 after acquiring an additional 18,000 shares in the last quarter. Newport Trust Company LLC grew its stake in Whirlpool by 5.5% during the 3rd quarter. Newport Trust Company LLC now owns 2,169,688 shares of the company’s stock valued at $170,537,000 after acquiring an additional 112,579 shares in the last quarter. Griffin Asset Management Inc. acquired a new position in shares of Whirlpool in the 2nd quarter valued at about $372,000. Finally, Geode Capital Management LLC lifted its position in shares of Whirlpool by 4.7% in the second quarter. Geode Capital Management LLC now owns 1,221,838 shares of the company’s stock worth $124,189,000 after purchasing an additional 54,584 shares in the last quarter. 90.78% of the stock is owned by institutional investors and hedge funds.

Whirlpool Trading Up 1.7%

Whirlpool stock opened at $86.52 on Monday. Whirlpool Corporation has a one year low of $65.35 and a one year high of $111.96. The company’s fifty day moving average price is $79.47 and its two-hundred day moving average price is $80.51. The company has a debt-to-equity ratio of 2.06, a current ratio of 0.76 and a quick ratio of 0.40. The company has a market capitalization of $4.86 billion, a price-to-earnings ratio of 15.31, a PEG ratio of 1.42 and a beta of 1.25.

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

Analysts Set New Price Targets

A number of research analysts recently commented on the stock. Zacks Research raised shares of Whirlpool from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, January 13th. Wall Street Zen upgraded shares of Whirlpool from a “sell” rating to a “hold” rating in a report on Saturday, November 1st. Stifel Nicolaus cut their price objective on Whirlpool from $82.00 to $75.00 and set a “hold” rating for the company in a report on Friday, January 30th. The Goldman Sachs Group lowered their target price on Whirlpool from $107.00 to $93.00 and set a “buy” rating on the stock in a research note on Monday, October 13th. Finally, JPMorgan Chase & Co. cut their price target on Whirlpool from $78.00 to $76.00 and set a “neutral” rating for the company in a research note on Monday, February 2nd. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, three have assigned a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $85.43.

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.