Stifel Nicolaus Cuts Whirlpool (NYSE:WHR) Price Target to $75.00

Whirlpool (NYSE:WHR) had its target price decreased by stock analysts at Stifel Nicolaus from $82.00 to $75.00 in a report released on Friday,Benzinga reports. The firm currently has a “hold” rating on the stock. Stifel Nicolaus’ price objective suggests a potential downside of 1.53% from the company’s current price.

Several other equities analysts have also weighed in on the company. Zacks Research raised Whirlpool from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, January 13th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Whirlpool in a research note on Wednesday, January 21st. Royal Bank Of Canada restated an “underperform” rating on shares of Whirlpool in a research report on Wednesday, October 29th. Wall Street Zen upgraded Whirlpool from a “sell” rating to a “hold” rating in a report on Saturday, November 1st. Finally, The Goldman Sachs Group dropped their price target on Whirlpool from $107.00 to $93.00 and set a “buy” rating on the stock in a research report on Monday, October 13th. One analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, three have issued a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat, Whirlpool presently has an average rating of “Hold” and an average target price of $87.29.

Whirlpool Trading Down 1.0%

Whirlpool stock traded down $0.80 during mid-day trading on Friday, hitting $76.17. The stock had a trading volume of 270,896 shares, compared to its average volume of 1,513,918. The stock has a market capitalization of $4.28 billion, a PE ratio of 13.44 and a beta of 1.24. Whirlpool has a 12 month low of $65.35 and a 12 month high of $111.96. The company has a current ratio of 0.86, a quick ratio of 0.47 and a debt-to-equity ratio of 2.33. The stock has a 50-day simple moving average of $78.60 and a two-hundred day simple moving average of $81.32.

Whirlpool (NYSE:WHR) last issued its quarterly earnings results on Wednesday, January 28th. The company reported $1.10 EPS for the quarter, missing the consensus estimate of $1.54 by ($0.44). Whirlpool had a return on equity of 13.02% and a net margin of 2.04%.The business had revenue of $4.10 billion for the quarter, compared to analyst estimates of $4.27 billion. During the same quarter in the prior year, the firm earned $4.57 EPS. The firm’s quarterly revenue was down 1.0% compared to the same quarter last year. Whirlpool has set its FY 2026 guidance at 7.000-7.000 EPS. As a group, sell-side analysts forecast that Whirlpool will post 9.52 EPS for the current year.

Hedge Funds Weigh In On Whirlpool

Several hedge funds have recently modified their holdings of WHR. Norges Bank bought a new stake in Whirlpool during the second quarter worth about $71,595,000. Curi Capital LLC bought a new position in shares of Whirlpool in the second quarter valued at $57,699,000. Maple Rock Capital Partners Inc. raised its position in Whirlpool by 357.2% during the second quarter. Maple Rock Capital Partners Inc. now owns 533,655 shares of the company’s stock worth $54,123,000 after acquiring an additional 416,945 shares in the last quarter. Orion Porfolio Solutions LLC lifted its stake in Whirlpool by 2,795.1% in the second quarter. Orion Porfolio Solutions LLC now owns 234,564 shares of the company’s stock valued at $23,789,000 after acquiring an additional 226,462 shares during the last quarter. Finally, RWWM Inc. increased its stake in shares of Whirlpool by 68.4% during the 3rd quarter. RWWM Inc. now owns 555,380 shares of the company’s stock worth $43,653,000 after purchasing an additional 225,513 shares during the last quarter. Institutional investors own 90.78% of the company’s stock.

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.