HighTower Advisors LLC Has $94.20 Million Holdings in Whirlpool Corporation $WHR

HighTower Advisors LLC trimmed its position in shares of Whirlpool Corporation (NYSE:WHR) by 2.5% during the third quarter, Holdings Channel.com reports. The firm owned 1,198,422 shares of the company’s stock after selling 31,116 shares during the period. HighTower Advisors LLC’s holdings in Whirlpool were worth $94,196,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of the business. SG Americas Securities LLC increased its position in shares of Whirlpool by 2,119.5% during the third quarter. SG Americas Securities LLC now owns 52,004 shares of the company’s stock worth $4,088,000 after acquiring an additional 49,661 shares in the last quarter. Quinn Opportunity Partners LLC boosted its stake in Whirlpool by 30.4% during the 2nd quarter. Quinn Opportunity Partners LLC now owns 77,273 shares of the company’s stock valued at $7,837,000 after purchasing an additional 18,000 shares during the last quarter. Newport Trust Company LLC raised its stake in shares of Whirlpool by 5.5% in the third quarter. Newport Trust Company LLC now owns 2,169,688 shares of the company’s stock worth $170,537,000 after purchasing an additional 112,579 shares during the last quarter. Geode Capital Management LLC boosted its position in shares of Whirlpool by 4.7% during the second quarter. Geode Capital Management LLC now owns 1,221,838 shares of the company’s stock valued at $124,189,000 after buying an additional 54,584 shares during the last quarter. Finally, Curi Capital LLC bought a new stake in Whirlpool during the second quarter worth $57,699,000. Institutional investors and hedge funds own 90.78% of the company’s stock.

Whirlpool Stock Performance

NYSE:WHR opened at $88.55 on Monday. The company has a market capitalization of $5.00 billion, a P/E ratio of 15.67, a P/E/G ratio of 1.46 and a beta of 1.25. The business has a fifty day simple moving average of $80.56 and a two-hundred day simple moving average of $80.41. The company has a debt-to-equity ratio of 2.06, a current ratio of 0.76 and a quick ratio of 0.40. Whirlpool Corporation has a 1 year low of $65.35 and a 1 year high of $111.96.

Whirlpool (NYSE:WHR) last posted its quarterly earnings results on Wednesday, January 28th. The company reported $1.10 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.54 by ($0.44). Whirlpool had a net margin of 2.04% and a return on equity of 12.98%. The business had revenue of $4.10 billion during the quarter, compared to the consensus estimate of $4.27 billion. During the same period last year, the firm earned $4.57 EPS. The business’s revenue for the quarter was down 1.0% on a year-over-year basis. Whirlpool has set its FY 2026 guidance at 7.000-7.000 EPS. On average, analysts expect that Whirlpool Corporation will post 9.52 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on WHR shares. JPMorgan Chase & Co. dropped their price objective on Whirlpool from $78.00 to $76.00 and set a “neutral” rating on the stock in a research note on Monday, February 2nd. Wall Street Zen raised shares of Whirlpool from a “sell” rating to a “hold” rating in a research report on Saturday, November 1st. Royal Bank Of Canada reissued an “underperform” rating on shares of Whirlpool in a research report on Wednesday, October 29th. Stifel Nicolaus reduced their target price on Whirlpool from $82.00 to $75.00 and set a “hold” rating for the company in a report on Friday, January 30th. Finally, Zacks Research downgraded Whirlpool from a “strong-buy” rating to a “hold” rating in a research report on Monday, February 9th. Two research analysts have rated the stock with a Buy rating, five have given a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $85.43.

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.