Whirlpool (NYSE:WHR) Raised to “Sell” at Wall Street Zen

Whirlpool (NYSE:WHR) was upgraded by equities researchers at Wall Street Zen from a “strong sell” rating to a “sell” rating in a research note issued on Saturday.

Other equities research analysts have also issued research reports about the stock. Raymond James Financial reaffirmed a “market perform” rating on shares of Whirlpool in a report on Monday, March 16th. Stifel Nicolaus set a $55.00 price target on shares of Whirlpool in a research note on Monday, May 4th. Bank of America lowered their price target on shares of Whirlpool from $43.00 to $36.00 and set an “underperform” rating on the stock in a research report on Monday, June 22nd. JPMorgan Chase & Co. dropped their price objective on shares of Whirlpool from $59.00 to $52.00 and set a “neutral” rating for the company in a research note on Monday, May 11th. Finally, Zacks Research downgraded shares of Whirlpool from a “hold” rating to a “strong sell” rating in a report on Tuesday, March 10th. Two analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and four have given a Sell rating to the stock. Based on data from MarketBeat.com, Whirlpool has a consensus rating of “Reduce” and a consensus target price of $67.11.

Whirlpool Stock Performance

NYSE WHR opened at $38.97 on Friday. 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 simple moving average is $44.83 and its 200-day simple moving average is $62.38. The company has a market cap of $2.53 billion, a PE ratio of 13.25, a price-to-earnings-growth ratio of 21.82 and a beta of 1.15. Whirlpool has a 1-year low of $36.06 and a 1-year high of $111.96.

Whirlpool (NYSE:WHR) last issued its quarterly earnings results on Wednesday, May 6th. The company reported ($0.56) EPS for the quarter, missing the consensus estimate of $0.43 by ($0.99). Whirlpool had a return on equity of 7.68% and a net margin of 1.08%.The firm had revenue of $3.27 billion for the quarter, compared to analysts’ expectations of $3.44 billion. During the same quarter in the previous year, the firm posted $1.70 earnings per share. The firm’s revenue for the quarter was down 9.6% compared to the same quarter last year. Whirlpool has set its FY 2026 guidance at 3.000-3.500 EPS. As a group, equities research analysts anticipate that Whirlpool will post 1.73 EPS for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the company. SG Americas Securities LLC boosted its position in shares of Whirlpool by 96.0% during the 4th quarter. SG Americas Securities LLC now owns 101,907 shares of the company’s stock worth $7,352,000 after purchasing an additional 49,903 shares during the period. Causeway Capital Management LLC raised its position in Whirlpool by 42.3% in the third quarter. Causeway Capital Management LLC now owns 617,039 shares of the company’s stock valued at $48,499,000 after purchasing an additional 183,496 shares during the period. M&T Bank Corp lifted its stake in Whirlpool by 973.9% during the fourth quarter. M&T Bank Corp now owns 29,962 shares of the company’s stock worth $2,161,000 after purchasing an additional 27,172 shares in the last quarter. Russell Investments Group Ltd. lifted its stake in Whirlpool by 34.0% during the third quarter. Russell Investments Group Ltd. now owns 401,640 shares of the company’s stock worth $31,569,000 after purchasing an additional 101,962 shares in the last quarter. Finally, Quantbot Technologies LP boosted its position in shares of Whirlpool by 160.8% during the third quarter. Quantbot Technologies LP now owns 116,633 shares of the company’s stock worth $9,167,000 after buying an additional 71,909 shares during the period. Institutional investors and hedge funds own 90.78% of the company’s stock.

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.