Whirlpool Corporation (NYSE:WHR) Receives Consensus Recommendation of “Reduce” from Analysts

Shares of Whirlpool Corporation (NYSE:WHR) have received a consensus recommendation of “Reduce” from the thirteen brokerages that are covering the firm, MarketBeat reports. Four equities research analysts have rated the stock with a sell rating, seven have given a hold rating and two have given a buy rating to the company. The average 12-month price objective among brokers that have updated their coverage on the stock in the last year is $68.8889.

WHR has been the topic of several recent research reports. Royal Bank Of Canada cut their target price on Whirlpool from $37.00 to $32.00 and set an “underperform” rating on the stock in a report on Friday, May 8th. Citigroup lowered their price objective on Whirlpool from $60.00 to $50.00 and set a “neutral” rating on the stock in a report on Monday, May 11th. Wall Street Zen downgraded Whirlpool from a “hold” rating to a “strong sell” rating in a research note on Saturday, May 9th. Bank of America reduced their target price on Whirlpool from $60.00 to $50.00 and set an “underperform” rating for the company in a report on Monday, April 20th. Finally, Raymond James Financial reaffirmed a “market perform” rating on shares of Whirlpool in a research report on Monday, March 16th.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of WHR. Flagship Harbor Advisors LLC bought a new position in Whirlpool in the 4th quarter worth $25,000. Northwestern Mutual Wealth Management Co. boosted its holdings in Whirlpool by 172.0% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 389 shares of the company’s stock valued at $28,000 after acquiring an additional 246 shares during the period. Garton & Associates Financial Advisors LLC acquired a new stake in shares of Whirlpool in the fourth quarter valued at about $35,000. EverSource Wealth Advisors LLC increased its stake in shares of 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 purchasing an additional 208 shares during the period. Finally, SBI Securities Co. Ltd. increased its stake in shares of Whirlpool by 113.4% in the fourth quarter. SBI Securities Co. Ltd. now owns 527 shares of the company’s stock worth $38,000 after purchasing an additional 280 shares during the period. 90.78% of the stock is currently owned by institutional investors and hedge funds.

Whirlpool Stock Performance

WHR stock opened at $42.96 on Monday. The firm has a 50 day moving average of $48.28 and a two-hundred day moving average of $65.09. Whirlpool has a 12 month low of $38.38 and a 12 month high of $111.96. The company has a market capitalization of $2.78 billion, a price-to-earnings ratio of 14.61, a P/E/G ratio of 16.93 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:WHR) last released its quarterly 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 net margin of 1.08% and a return on equity of 7.68%. The business had revenue of $3.27 billion for the quarter, compared to the consensus estimate of $3.44 billion. During the same quarter in the prior year, the business posted $1.70 EPS. The firm’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 analysts anticipate that Whirlpool will post 2.53 EPS for the current fiscal year.

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.