Legal & General Group Plc Sells 17,500 Shares of Whirlpool Corporation $WHR

Legal & General Group Plc lessened its stake in shares of Whirlpool Corporation (NYSE:WHR) by 14.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 105,138 shares of the company’s stock after selling 17,500 shares during the quarter. Legal & General Group Plc’s holdings in Whirlpool were worth $7,585,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the business. Flagship Harbor Advisors LLC purchased a new position in Whirlpool during the 4th quarter worth $25,000. EverSource Wealth Advisors LLC increased its position in Whirlpool by 129.2% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 369 shares of the company’s stock valued at $37,000 after buying an additional 208 shares in the last quarter. SBI Securities Co. Ltd. increased its position in Whirlpool by 113.4% during the 4th quarter. SBI Securities Co. Ltd. now owns 527 shares of the company’s stock valued at $38,000 after buying an additional 280 shares in the last quarter. Hara Capital LLC acquired a new position in Whirlpool during the 4th quarter valued at about $40,000. Finally, AlphaCore Capital LLC increased its position in Whirlpool by 712.2% during the 4th quarter. AlphaCore Capital LLC now owns 601 shares of the company’s stock valued at $43,000 after buying an additional 527 shares in the last quarter. Hedge funds and other institutional investors own 90.78% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on WHR. Wall Street Zen lowered Whirlpool from a “hold” rating to a “strong sell” rating in a research report on Saturday, May 9th. Zacks Research lowered Whirlpool from a “hold” rating to a “strong sell” rating in a research report on Tuesday, March 10th. Bank of America reduced their target price on Whirlpool from $60.00 to $50.00 and set an “underperform” rating on the stock in a research report on Monday, April 20th. Weiss Ratings lowered Whirlpool from a “hold (c-)” rating to a “sell (d)” rating in a research report on Friday, May 8th. Finally, Citigroup reduced their target price on Whirlpool from $60.00 to $50.00 and set a “neutral” rating on the stock in a research report on Monday, May 11th. Two research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and four have assigned a Sell rating to the company. According to MarketBeat.com, Whirlpool has an average rating of “Reduce” and a consensus target price of $68.89.

Whirlpool Stock Performance

Shares of WHR stock opened at $39.57 on Friday. The firm has a market capitalization of $2.56 billion, a price-to-earnings ratio of 13.46, a price-to-earnings-growth ratio of 15.79 and a beta of 1.15. The company has a debt-to-equity ratio of 1.48, a current ratio of 0.88 and a quick ratio of 0.48. The business has a fifty day moving average of $49.45 and a 200 day moving average of $66.17. Whirlpool Corporation has a 1 year low of $38.38 and a 1 year high of $111.96.

Whirlpool (NYSE:WHR) last issued its earnings results on Wednesday, May 6th. The company reported ($0.56) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.43 by ($0.99). The firm had revenue of $3.27 billion during the quarter, compared to analysts’ expectations of $3.44 billion. Whirlpool had a return on equity of 7.68% and a net margin of 1.08%.The business’s revenue was down 9.6% on a year-over-year basis. During the same quarter last year, the business earned $1.70 EPS. Whirlpool has set its FY 2026 guidance at 3.000-3.500 EPS. As a group, research analysts expect that Whirlpool Corporation will post 2.53 earnings per share for the current 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.