Whirlpool (NYSE:WHR) Sets New 12-Month Low – Here’s What Happened

Whirlpool Corporation (NYSE:WHR) shares reached a new 52-week low during mid-day trading on Monday . The stock traded as low as $56.33 and last traded at $57.39, with a volume of 594004 shares. The stock had previously closed at $58.76.

Wall Street Analyst Weigh In

WHR has been the subject of a number of recent analyst reports. Zacks Research lowered shares of Whirlpool from a “strong-buy” rating to a “hold” rating in a research report on Monday, February 9th. JPMorgan Chase & Co. decreased their price target on shares of Whirlpool from $78.00 to $76.00 and set a “neutral” rating on the stock in a report on Monday, February 2nd. Weiss Ratings raised shares of Whirlpool from a “sell (d)” rating to a “hold (c-)” rating in a research note on Thursday, February 12th. Finally, Stifel Nicolaus dropped their price objective on Whirlpool from $75.00 to $68.00 and set a “hold” rating for the company in a report on Monday, March 2nd. Two research analysts have rated the stock with a Buy rating, five have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $84.43.

Whirlpool Trading Down 2.3%

The firm’s 50 day simple moving average is $80.07 and its 200-day simple moving average is $79.11. The company has a market capitalization of $3.25 billion, a PE ratio of 10.16, a P/E/G ratio of 2.78 and a beta of 1.27. The company has a quick ratio of 0.40, a current ratio of 0.76 and a debt-to-equity ratio of 2.06.

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

Whirlpool Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 26th. Shareholders of record on Friday, February 27th will be given a $0.90 dividend. The ex-dividend date of this dividend is Friday, February 27th. This represents a $3.60 annualized dividend and a yield of 6.3%. Whirlpool’s dividend payout ratio (DPR) is 63.72%.

Institutional Investors Weigh In On Whirlpool

Several institutional investors and hedge funds have recently modified their holdings of the stock. Flagship Harbor Advisors LLC purchased a new stake in shares of Whirlpool during the 4th quarter valued at about $25,000. Northwestern Mutual Wealth Management Co. raised its stake in shares of Whirlpool by 172.0% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 389 shares of the company’s stock valued at $28,000 after purchasing an additional 246 shares during the period. Garton & Associates Financial Advisors LLC acquired a new position in shares of Whirlpool during the fourth quarter worth $35,000. EverSource Wealth Advisors LLC lifted its position in shares of Whirlpool by 129.2% during the second quarter. EverSource Wealth Advisors LLC now owns 369 shares of the company’s stock worth $37,000 after purchasing an additional 208 shares in the last quarter. Finally, SBI Securities Co. Ltd. boosted its stake in shares of Whirlpool by 113.4% in the fourth quarter. SBI Securities Co. Ltd. now owns 527 shares of the company’s stock valued at $38,000 after purchasing an additional 280 shares during the period. Hedge funds and other institutional investors own 90.78% of the company’s stock.

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.