Readystate Asset Management LP Purchases 59,128 Shares of Whirlpool Corporation $WHR

Readystate Asset Management LP increased its position in shares of Whirlpool Corporation (NYSE:WHR) by 1,632.5% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 62,750 shares of the company’s stock after buying an additional 59,128 shares during the period. Readystate Asset Management LP’s holdings in Whirlpool were worth $4,932,000 at the end of the most recent reporting period.

A number of other institutional investors have also bought and sold shares of the company. Thrivent Financial for Lutherans raised its position in shares of Whirlpool by 0.8% in the 2nd quarter. Thrivent Financial for Lutherans now owns 13,194 shares of the company’s stock worth $1,338,000 after acquiring an additional 109 shares in the last quarter. Gamco Investors INC. ET AL grew its stake in Whirlpool by 3.0% during the second quarter. Gamco Investors INC. ET AL now owns 5,150 shares of the company’s stock worth $522,000 after purchasing an additional 150 shares during the period. Creative Planning increased its holdings in Whirlpool by 1.6% in the second quarter. Creative Planning now owns 9,776 shares of the company’s stock worth $992,000 after purchasing an additional 157 shares in the last quarter. GAMMA Investing LLC lifted its stake in Whirlpool by 20.2% in the third quarter. GAMMA Investing LLC now owns 942 shares of the company’s stock valued at $74,000 after buying an additional 158 shares during the period. Finally, PNC Financial Services Group Inc. boosted its holdings in shares of Whirlpool by 0.4% during the 3rd quarter. PNC Financial Services Group Inc. now owns 41,572 shares of the company’s stock worth $3,268,000 after buying an additional 158 shares in the last quarter. Institutional investors own 90.78% of the company’s stock.

Whirlpool Trading Down 1.7%

NYSE:WHR opened at $87.20 on Wednesday. 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 one year low of $65.35 and a one year high of $111.96. The company has a market cap of $4.93 billion, a PE ratio of 15.43, a PEG ratio of 1.46 and a beta of 1.25. The firm has a 50-day moving average of $81.08 and a 200-day moving average of $80.48.

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

Whirlpool Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 26th. Shareholders of record on Friday, February 27th will be issued a dividend of $0.90 per share. This represents a $3.60 dividend on an annualized basis and a yield of 4.1%. The ex-dividend date of this dividend is Friday, February 27th. Whirlpool’s payout ratio is currently 63.72%.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on WHR. Weiss Ratings upgraded shares of Whirlpool from a “sell (d)” rating to a “hold (c-)” rating in a research note on Thursday, February 12th. Zacks Research downgraded shares of Whirlpool from a “strong-buy” rating to a “hold” rating in a research note on Monday, February 9th. Stifel Nicolaus cut their price objective on shares of Whirlpool from $82.00 to $75.00 and set a “hold” rating on the stock in a research report on Friday, January 30th. Royal Bank Of Canada reaffirmed an “underperform” rating on shares of Whirlpool in a research report on Wednesday, October 29th. Finally, JPMorgan Chase & Co. cut their price target on Whirlpool from $78.00 to $76.00 and set a “neutral” rating on the stock in a report on Monday, February 2nd. Two equities 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 company’s stock. According to data from MarketBeat, Whirlpool presently has an average rating of “Hold” and a consensus 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.