Diversify Wealth Management LLC Invests $880,000 in Whirlpool Corporation $WHR

Diversify Wealth Management LLC purchased a new position in shares of Whirlpool Corporation (NYSE:WHR) during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 16,103 shares of the company’s stock, valued at approximately $880,000.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the business. SG Americas Securities LLC raised its stake in Whirlpool by 96.0% in the 4th quarter. SG Americas Securities LLC now owns 101,907 shares of the company’s stock worth $7,352,000 after acquiring an additional 49,903 shares during the last quarter. M&T Bank Corp grew its stake in Whirlpool by 973.9% during the 4th quarter. M&T Bank Corp now owns 29,962 shares of the company’s stock valued at $2,161,000 after purchasing an additional 27,172 shares during the last quarter. Advisors Capital Management LLC increased its holdings in shares of Whirlpool by 4.0% in the fourth quarter. Advisors Capital Management LLC now owns 312,239 shares of the company’s stock valued at $22,525,000 after purchasing an additional 11,963 shares during the period. Monaco Asset Management SAM acquired a new position in shares of Whirlpool in the fourth quarter valued at about $2,164,000. Finally, D.A. Davidson & CO. purchased a new position in shares of Whirlpool in the fourth quarter worth about $894,000. Hedge funds and other institutional investors own 90.78% of the company’s stock.

Whirlpool Stock Performance

Shares of NYSE:WHR opened at $39.85 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. Whirlpool Corporation has a 1 year low of $36.01 and a 1 year high of $100.49. The firm has a market capitalization of $2.58 billion, a PE ratio of 13.55, a P/E/G ratio of 22.30 and a beta of 1.16. The business’s 50 day moving average price is $40.28 and its 200-day moving average price is $58.71.

Whirlpool (NYSE:WHR) last released its earnings results on Wednesday, May 6th. The company reported ($0.56) earnings per share for the quarter, missing analysts’ consensus estimates 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 period last year, the business earned $1.70 earnings per share. The company’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 expect that Whirlpool Corporation will post 1.73 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several analysts have recently commented on WHR shares. Wall Street Zen raised shares of Whirlpool from a “strong sell” rating to a “sell” rating in a report on Saturday, June 27th. Royal Bank Of Canada reduced their target price on shares of Whirlpool from $32.00 to $30.00 and set an “underperform” rating for the company in a report on Tuesday, June 16th. Weiss Ratings lowered shares of Whirlpool from a “hold (c-)” rating to a “sell (d)” rating in a report on Friday, May 8th. JPMorgan Chase & Co. cut their price target on Whirlpool from $59.00 to $52.00 and set a “neutral” rating on the stock in a research report on Monday, May 11th. Finally, Mizuho started coverage on Whirlpool in a research note on Monday, April 20th. They set a “neutral” rating and a $55.00 price objective for the company. One investment analyst has rated the stock with a Buy rating, seven have assigned a Hold rating and four have issued a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Reduce” and a consensus target price of $54.89.

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.