Whirlpool Corporation (NYSE:WHR) Given Consensus Recommendation of “Reduce” by Brokerages

Shares of Whirlpool Corporation (NYSE:WHR) have been assigned an average rating of “Reduce” from the twelve analysts that are covering the firm, Marketbeat Ratings reports. Four analysts have rated the stock with a sell recommendation, seven have issued a hold recommendation and one has given a buy recommendation to the company. The average 12 month target price among analysts that have issued a report on the stock in the last year is $57.3750.

A number of research firms recently weighed in on WHR. Raymond James Financial reiterated a “market perform” rating on shares of Whirlpool in a research note on Monday, March 16th. Mizuho started coverage on Whirlpool in a research report on Monday, April 20th. They set a “neutral” rating and a $55.00 target price on the stock. Wall Street Zen raised Whirlpool from a “strong sell” rating to a “sell” rating in a report on Saturday, June 27th. Royal Bank Of Canada reduced their price target on Whirlpool from $32.00 to $30.00 and set an “underperform” rating for the company in a research report on Tuesday, June 16th. Finally, Bank of America dropped their price objective on Whirlpool from $43.00 to $36.00 and set an “underperform” rating on the stock in a report on Monday, June 22nd.

Whirlpool Price Performance

NYSE WHR opened at $37.88 on Friday. The company has a quick ratio of 0.48, a current ratio of 0.88 and a debt-to-equity ratio of 1.48. The company has a market cap of $2.46 billion, a PE ratio of 12.88, a price-to-earnings-growth ratio of 21.77 and a beta of 1.16. Whirlpool has a 52 week low of $36.01 and a 52 week high of $110.26. The firm’s 50-day simple moving average is $41.70 and its two-hundred day simple moving average is $59.86.

Whirlpool (NYSE:WHR) last posted its 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). Whirlpool had a return on equity of 7.68% and a net margin of 1.08%.The business had revenue of $3.27 billion during the quarter, compared to analysts’ expectations of $3.44 billion. During the same quarter in the previous year, the business earned $1.70 EPS. Whirlpool’s revenue for the quarter was down 9.6% on a year-over-year basis. Whirlpool has set its FY 2026 guidance at 3.000-3.500 EPS. Research analysts predict that Whirlpool will post 1.73 earnings per share for the current year.

Institutional Investors Weigh In On Whirlpool

A number of institutional investors and hedge funds have recently modified their holdings of the company. RWWM Inc. boosted its position in shares of Whirlpool by 191.6% in the first quarter. RWWM Inc. now owns 2,422,618 shares of the company’s stock valued at $130,628,000 after acquiring an additional 1,591,849 shares during the period. Norges Bank purchased a new stake in Whirlpool in the 4th quarter worth approximately $31,959,000. Freestone Grove Partners LP purchased a new stake in Whirlpool in the 4th quarter worth approximately $22,729,000. Orion Porfolio Solutions LLC boosted its holdings 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 purchasing an additional 226,462 shares during the period. Finally, Newport Trust Company LLC grew its position 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 purchasing an additional 221,564 shares in the last quarter. 90.78% of the stock is owned by hedge funds and other institutional investors.

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.