Clear Harbor Asset Management LLC Buys Shares of 17,190 Whirlpool Corporation $WHR

Clear Harbor Asset Management LLC bought a new stake in Whirlpool Corporation (NYSE:WHRFree Report) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 17,190 shares of the company’s stock, valued at approximately $1,240,000.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Flagship Harbor Advisors LLC acquired a new position in Whirlpool in the 4th quarter valued at about $25,000. EverSource Wealth Advisors LLC boosted its holdings in Whirlpool by 129.2% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 369 shares of the company’s stock valued at $37,000 after purchasing an additional 208 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its holdings in Whirlpool by 172.0% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 389 shares of the company’s stock valued at $28,000 after purchasing an additional 246 shares during the last quarter. SBI Securities Co. Ltd. boosted its holdings in Whirlpool by 113.4% in 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 during the last quarter. Finally, Hara Capital LLC acquired a new position in Whirlpool in the 4th quarter valued at about $40,000. 90.78% of the stock is currently owned by institutional investors and hedge funds.

Whirlpool Price Performance

Shares of WHR opened at $42.43 on Tuesday. Whirlpool Corporation has a fifty-two week low of $38.38 and a fifty-two week high of $111.96. The firm’s 50 day moving average price is $50.54 and its 200 day moving average price is $66.92. The company has a market cap of $2.75 billion, a P/E ratio of 14.43, a PEG ratio of 17.14 and a beta of 1.15. The company has a quick ratio of 0.48, a current ratio of 0.88 and a debt-to-equity ratio of 1.48.

Whirlpool (NYSE:WHRGet Free Report) last announced 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 for the quarter, compared to analysts’ expectations of $3.44 billion. During the same period in the previous year, the company earned $1.70 earnings per share. Whirlpool’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. On average, research analysts forecast that Whirlpool Corporation will post 2.53 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on WHR shares. Weiss Ratings downgraded shares of Whirlpool from a “hold (c-)” rating to a “sell (d)” rating in a research note on Friday, May 8th. Royal Bank Of Canada reduced their price target on shares of Whirlpool from $37.00 to $32.00 and set an “underperform” rating on the stock in a research note on Friday, May 8th. Wall Street Zen downgraded shares of Whirlpool from a “hold” rating to a “strong sell” rating in a research note on Saturday, May 9th. Raymond James Financial reissued a “market perform” rating on shares of Whirlpool in a research note on Monday, March 16th. Finally, JPMorgan Chase & Co. reduced their price target on shares of Whirlpool from $59.00 to $52.00 and set a “neutral” rating on the stock in a research note on Monday, May 11th. Two analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and four have assigned a Sell rating to the company. According to data from MarketBeat.com, Whirlpool presently has an average rating of “Reduce” and a consensus target price of $68.89.

View Our Latest Analysis on Whirlpool

Whirlpool Company Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Whirlpool (NYSE:WHR)

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