Hodges Capital Management Inc. Increases Stock Holdings in Whirlpool Corporation $WHR

Hodges Capital Management Inc. raised its holdings in Whirlpool Corporation (NYSE:WHR) by 18.6% in the first quarter, according to the company in its most recent disclosure with the SEC. The fund owned 176,385 shares of the company’s stock after buying an additional 27,601 shares during the quarter. Hodges Capital Management Inc. owned about 0.31% of Whirlpool worth $9,511,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the business. Flagship Harbor Advisors LLC acquired a new position in shares of Whirlpool during the fourth quarter valued at about $25,000. Northwestern Mutual Wealth Management Co. boosted its stake in Whirlpool by 172.0% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 389 shares of the company’s stock worth $28,000 after purchasing an additional 246 shares in the last quarter. Garton & Associates Financial Advisors LLC acquired a new stake in Whirlpool in the 4th quarter worth approximately $35,000. EverSource Wealth Advisors LLC grew its position in Whirlpool by 129.2% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 369 shares of the company’s stock worth $37,000 after purchasing an additional 208 shares during the last quarter. Finally, SBI Securities Co. Ltd. increased its stake in Whirlpool by 113.4% during the 4th quarter. SBI Securities Co. Ltd. now owns 527 shares of the company’s stock valued at $38,000 after purchasing an additional 280 shares in the last quarter. Institutional investors and hedge funds own 90.78% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on WHR. JPMorgan Chase & Co. decreased their price target on shares of Whirlpool from $59.00 to $52.00 and set a “neutral” rating for the company in a report on Monday, May 11th. Citigroup reduced their target price on Whirlpool from $60.00 to $50.00 and set a “neutral” rating for the company in a research note on Monday, May 11th. Mizuho assumed coverage on Whirlpool in a research report on Monday, April 20th. They set a “neutral” rating and a $55.00 price target for the company. Royal Bank Of Canada dropped their price target on Whirlpool from $32.00 to $30.00 and set an “underperform” rating on the stock in a research note on Tuesday, June 16th. Finally, Wall Street Zen raised Whirlpool from a “strong sell” rating to a “sell” rating in a report on Saturday, June 27th. One investment analyst has rated the stock with a Buy rating, seven have assigned a Hold rating and four have given a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Reduce” and a consensus price target of $57.38.

Whirlpool Stock Down 0.0%

NYSE:WHR opened at $38.09 on Monday. The firm has a market capitalization of $2.47 billion, a P/E ratio of 12.95, a PEG ratio of 22.02 and a beta of 1.16. Whirlpool Corporation has a 1-year low of $36.06 and a 1-year high of $111.96. The company’s fifty day moving average price is $43.06 and its 200-day moving average price is $60.93. 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 (NYSE:WHR) last announced its quarterly earnings results on Wednesday, May 6th. The company reported ($0.56) earnings per share for the quarter, missing the consensus estimate of $0.43 by ($0.99). The company had revenue of $3.27 billion for the quarter, compared to analyst estimates of $3.44 billion. Whirlpool had a return on equity of 7.68% and a net margin of 1.08%.Whirlpool’s revenue for the quarter was down 9.6% on a year-over-year basis. During the same period in the prior year, the business posted $1.70 earnings per share. Whirlpool has set its FY 2026 guidance at 3.000-3.500 EPS. As a group, equities research analysts anticipate that Whirlpool Corporation will post 1.73 EPS for the current year.

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.