Whirlpool Corporation $WHR Shares Purchased by Fifth Third Bancorp

Fifth Third Bancorp lifted its stake in Whirlpool Corporation (NYSE:WHR) by 1,408.7% in the 1st quarter, HoldingsChannel.com reports. The firm owned 19,719 shares of the company’s stock after acquiring an additional 18,412 shares during the period. Fifth Third Bancorp’s holdings in Whirlpool were worth $1,063,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. SG Americas Securities LLC increased its stake in Whirlpool by 96.0% during the 4th quarter. SG Americas Securities LLC now owns 101,907 shares of the company’s stock valued at $7,352,000 after purchasing an additional 49,903 shares in the last quarter. M&T Bank Corp lifted its stake in shares of Whirlpool by 973.9% during the fourth quarter. M&T Bank Corp now owns 29,962 shares of the company’s stock worth $2,161,000 after buying an additional 27,172 shares during the period. Advisors Capital Management LLC lifted its stake in shares of Whirlpool by 4.0% during the fourth quarter. Advisors Capital Management LLC now owns 312,239 shares of the company’s stock worth $22,525,000 after buying an additional 11,963 shares during the period. Monaco Asset Management SAM purchased a new stake in shares of Whirlpool during the fourth quarter valued at $2,164,000. Finally, Highbridge Capital Management LLC purchased a new stake in shares of Whirlpool during the fourth quarter valued at $1,659,000. 90.78% of the stock is currently owned by institutional investors and hedge funds.

Whirlpool Trading Up 4.5%

Shares of Whirlpool stock opened at $37.28 on Friday. The stock has a market cap of $2.42 billion, a PE ratio of 12.68, a price-to-earnings-growth ratio of 32.27 and a beta of 1.16. The firm has a fifty day moving average price of $39.68 and a 200 day moving average price of $57.32. Whirlpool Corporation has a 1 year low of $35.45 and a 1 year high of $100.49. 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 posted its quarterly 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 business had revenue of $3.27 billion during the quarter, compared to analysts’ expectations of $3.44 billion. Whirlpool had a net margin of 1.08% and a return on equity of 7.68%. Whirlpool’s revenue for the quarter was down 9.6% compared to the same quarter last year. During the same period in the previous year, the company posted $1.70 earnings per share. Whirlpool has set its FY 2026 guidance at 3.000-3.500 EPS. Equities research analysts predict that Whirlpool Corporation will post 1.15 earnings per share for the current year.

Analyst Ratings Changes

A number of brokerages recently issued reports on WHR. Mizuho reduced their target price on Whirlpool from $45.00 to $40.00 and set a “neutral” rating for the company in a research note on Tuesday, July 21st. JPMorgan Chase & Co. dropped their price target on Whirlpool from $59.00 to $52.00 and set a “neutral” rating on the stock in a research note on Monday, May 11th. Weiss Ratings lowered Whirlpool from a “hold (c-)” rating to a “sell (d)” rating in a report on Friday, May 8th. Wall Street Zen upgraded Whirlpool from a “strong sell” rating to a “sell” rating in a research note on Saturday, June 27th. Finally, Stifel Nicolaus decreased their target price on Whirlpool from $45.00 to $37.00 and set a “hold” rating for the company in a report on Thursday. One equities research analyst has rated the stock with a Buy rating, seven have issued a Hold rating and four have given a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Reduce” and an average target price of $51.22.

Whirlpool 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.