Stifel Nicolaus Lowers Whirlpool (NYSE:WHR) Price Target to $37.00

Whirlpool (NYSE:WHR) had its price target lowered by stock analysts at Stifel Nicolaus from $45.00 to $37.00 in a note issued to investors on Thursday, MarketBeat reports. The brokerage presently has a “hold” rating on the stock. Stifel Nicolaus’ target price indicates a potential downside of 0.76% from the stock’s current price.

Other research analysts have also issued research reports about the stock. JPMorgan Chase & Co. cut 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. Royal Bank Of Canada cut their price objective on Whirlpool from $32.00 to $30.00 and set an “underperform” rating on the stock in a research report on Tuesday, June 16th. BNP Paribas Exane initiated coverage on Whirlpool in a research report on Monday, July 13th. They set a “neutral” rating and a $43.00 price target on the stock. Wall Street Zen raised shares of Whirlpool from a “strong sell” rating to a “sell” rating in a research report on Saturday, June 27th. Finally, Mizuho dropped their price objective on shares of Whirlpool from $45.00 to $40.00 and set a “neutral” rating on the stock in a research note on Tuesday. One analyst has rated the stock with a Buy rating, seven have issued a Hold rating and four have given a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Reduce” and an average price target of $51.22.

Whirlpool Stock Performance

Whirlpool stock opened at $37.28 on Thursday. The stock has a fifty day moving average price of $39.68 and a 200 day moving average price of $57.32. Whirlpool has a 52 week low of $35.45 and a 52 week high of $100.49. The firm has a market capitalization of $2.42 billion, a P/E ratio of 12.68, a PEG ratio of 30.90 and a beta of 1.16. The company has a current ratio of 0.88, a quick ratio of 0.48 and a debt-to-equity ratio of 1.48.

Whirlpool (NYSE:WHR) last issued its quarterly earnings results on Wednesday, May 6th. The company reported ($0.56) earnings per share (EPS) 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 analyst estimates of $3.44 billion. During the same period in the previous year, the business posted $1.70 earnings per share. The firm’s quarterly revenue was down 9.6% on a year-over-year basis. Whirlpool has set its FY 2026 guidance at 3.000-3.500 EPS. Equities research analysts anticipate that Whirlpool will post 1.15 earnings per share for the current year.

Hedge Funds Weigh In On Whirlpool

Several large investors have recently modified their holdings of the stock. Flagship Harbor Advisors LLC acquired a new position in shares of Whirlpool in the 4th quarter worth approximately $25,000. Northwestern Mutual Wealth Management Co. raised its stake in Whirlpool by 172.0% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 389 shares of the company’s stock worth $28,000 after acquiring an additional 246 shares during the period. Garton & Associates Financial Advisors LLC bought a new position in Whirlpool in the fourth quarter worth about $35,000. EverSource Wealth Advisors LLC lifted its holdings in Whirlpool by 129.2% in the second quarter. EverSource Wealth Advisors LLC now owns 369 shares of the company’s stock worth $37,000 after acquiring an additional 208 shares during the last quarter. Finally, SBI Securities Co. Ltd. boosted its stake in Whirlpool by 113.4% in the fourth quarter. SBI Securities Co. Ltd. now owns 527 shares of the company’s stock valued at $38,000 after acquiring an additional 280 shares during the period. Institutional investors 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.