OMERS ADMINISTRATION Corp acquired a new stake in Whirlpool Corporation (NYSE:WHR – Free Report) during the first quarter, according to its most recent 13F filing with the SEC. The fund acquired 24,400 shares of the company’s stock, valued at approximately $1,316,000.
A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in WHR. RWWM Inc. raised its position in shares of Whirlpool by 191.6% in the first quarter. RWWM Inc. now owns 2,422,618 shares of the company’s stock valued at $130,628,000 after purchasing an additional 1,591,849 shares during the period. Norges Bank bought a new position in Whirlpool in the 4th quarter worth approximately $31,959,000. Freestone Grove Partners LP bought a new position in Whirlpool in the 4th quarter worth approximately $22,729,000. Orion Porfolio Solutions LLC grew its stake in Whirlpool by 2,795.1% in the 2nd quarter. Orion Porfolio Solutions LLC now owns 234,564 shares of the company’s stock valued at $23,789,000 after buying an additional 226,462 shares in the last quarter. Finally, Newport Trust Company LLC raised its holdings in Whirlpool by 10.2% during the 4th quarter. Newport Trust Company LLC now owns 2,391,252 shares of the company’s stock valued at $172,505,000 after acquiring an additional 221,564 shares during the period. Institutional investors own 90.78% of the company’s stock.
Whirlpool Stock Down 0.2%
Shares of NYSE:WHR opened at $38.40 on Thursday. The firm has a fifty day moving average price of $39.54 and a two-hundred day moving average price of $56.31. The company has a market cap of $2.49 billion, a price-to-earnings ratio of 13.06, a PEG ratio of 33.32 and a beta of 1.16. The company has a debt-to-equity ratio of 1.48, a current ratio of 0.88 and a quick ratio of 0.48. Whirlpool Corporation has a one year low of $35.45 and a one year high of $96.57.
Wall Street Analyst Weigh In
Several equities research analysts have issued reports on WHR shares. Weiss Ratings downgraded Whirlpool from a “hold (c-)” rating to a “sell (d)” rating in a research report on Friday, May 8th. Royal Bank Of Canada decreased their price objective on Whirlpool from $32.00 to $30.00 and set an “underperform” rating on the stock in a research note on Tuesday, June 16th. Wall Street Zen raised Whirlpool from a “strong sell” rating to a “sell” rating in a report on Saturday, June 27th. Bank of America cut their target price on Whirlpool from $43.00 to $36.00 and set an “underperform” rating for the company in a research note on Monday, June 22nd. Finally, Stifel Nicolaus reduced their target price on Whirlpool from $45.00 to $37.00 and set a “hold” rating for the company in a report on Thursday, July 23rd. One research analyst has rated the stock with a Buy rating, seven have given a Hold rating and four have given a Sell rating to the company. According to data from MarketBeat.com, Whirlpool has a consensus rating of “Reduce” and a consensus target price of $51.22.
Get Our Latest Analysis on Whirlpool
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.
Recommended Stories
- Five stocks we like better than Whirlpool
- Why SK hynix Could Be the Best AI Chip Stock to Buy Now
- Seagate Technology Stock Surges as Earnings Beat Silences AI Doubters
- Alphabet Is Down 18% From Its High After a Stellar Quarter—Overdone, or More Downside Ahead?
- Why Bloom Energy May Be the Most Important AI Infrastructure Stock
Receive News & Ratings for Whirlpool Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Whirlpool and related companies with MarketBeat.com's FREE daily email newsletter.
