Louisiana State Employees Retirement System Buys Shares of 18,400 Whirlpool Corporation $WHR

Louisiana State Employees Retirement System purchased a new position in shares of Whirlpool Corporation (NYSE:WHR) during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 18,400 shares of the company’s stock, valued at approximately $992,000.

A number of other hedge funds have also recently modified their holdings of WHR. Norges Bank bought a new position in Whirlpool in the 4th quarter worth $31,959,000. Freestone Grove Partners LP purchased a new position in shares of Whirlpool during the 4th quarter valued at about $22,729,000. Orion Porfolio Solutions LLC grew its stake in shares of Whirlpool by 2,795.1% during 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. Newport Trust Company LLC grew its stake in shares of Whirlpool by 10.2% during the 4th quarter. Newport Trust Company LLC now owns 2,391,252 shares of the company’s stock valued at $172,505,000 after acquiring an additional 221,564 shares during the period. Finally, Maple Rock Capital Partners Inc. increased its holdings in Whirlpool by 119.1% in the 4th quarter. Maple Rock Capital Partners Inc. now owns 404,000 shares of the company’s stock worth $29,145,000 after acquiring an additional 219,600 shares in the last quarter. Institutional investors own 90.78% of the company’s stock.

Whirlpool Trading Down 0.0%

Shares of WHR opened at $38.09 on Friday. The firm has a market cap of $2.47 billion, a P/E ratio of 12.95, a price-to-earnings-growth ratio of 22.02 and a beta of 1.16. The company has a debt-to-equity ratio of 1.48, a current ratio of 0.88 and a quick ratio of 0.48. Whirlpool Corporation has a 1 year low of $36.06 and a 1 year high of $111.96. The company has a 50 day simple moving average of $43.06 and a two-hundred day simple moving average of $61.05.

Whirlpool (NYSE:WHR) last released its 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). The company had revenue of $3.27 billion during the quarter, compared to analysts’ expectations of $3.44 billion. Whirlpool had a return on equity of 7.68% and a net margin of 1.08%.Whirlpool’s quarterly revenue was down 9.6% compared to the same quarter last year. During the same period last year, the firm posted $1.70 EPS. Whirlpool has set its FY 2026 guidance at 3.000-3.500 EPS. On average, equities analysts expect that Whirlpool Corporation will post 1.73 earnings per share for the current fiscal year.

Analyst Ratings Changes

WHR has been the topic of several analyst reports. JPMorgan Chase & Co. lowered their price target on shares of Whirlpool from $59.00 to $52.00 and set a “neutral” rating on the stock in a report on Monday, May 11th. BNP Paribas Exane raised shares of Whirlpool to a “neutral” rating in a research note on Monday, March 16th. Wall Street Zen upgraded shares of Whirlpool from a “strong sell” rating to a “sell” rating in a research report on Saturday, June 27th. Weiss Ratings cut shares of Whirlpool from a “hold (c-)” rating to a “sell (d)” rating in a research note on Friday, May 8th. Finally, Citigroup dropped their target price on shares of Whirlpool from $60.00 to $50.00 and set a “neutral” rating for the company in a report on Monday, May 11th. One equities research analyst has rated the stock with a Buy rating, seven have issued a Hold rating and four have assigned a Sell rating to the company. According to MarketBeat, Whirlpool currently has an average rating of “Reduce” and a consensus price target of $57.38.

About Whirlpool

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.