Levin Capital Strategies L.P. Has $6.25 Million Stake in Whirlpool Corporation $WHR

Levin Capital Strategies L.P. raised its stake in shares of Whirlpool Corporation (NYSE:WHR) by 2,124.0% during the 1st quarter, HoldingsChannel.com reports. The firm owned 115,850 shares of the company’s stock after acquiring an additional 110,641 shares during the quarter. Levin Capital Strategies L.P.’s holdings in Whirlpool were worth $6,247,000 as of its most recent filing with the SEC.

A number of other large investors have also made changes to their positions in WHR. Flagship Harbor Advisors LLC bought a new stake in shares of Whirlpool in the fourth quarter valued at about $25,000. EverSource Wealth Advisors LLC increased its stake in Whirlpool by 129.2% during the second quarter. EverSource Wealth Advisors LLC now owns 369 shares of the company’s stock valued at $37,000 after acquiring an additional 208 shares during the period. Northwestern Mutual Wealth Management Co. increased its stake in 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 acquiring an additional 246 shares during the period. Garton & Associates Financial Advisors LLC acquired a new position in Whirlpool in the 4th quarter valued at approximately $35,000. Finally, SBI Securities Co. Ltd. raised its holdings in Whirlpool by 113.4% in the 4th quarter. SBI Securities Co. Ltd. now owns 527 shares of the company’s stock valued at $38,000 after acquiring an additional 280 shares in the last quarter. Institutional investors and hedge funds own 90.78% of the company’s stock.

Whirlpool Stock Up 2.0%

WHR opened at $37.16 on Thursday. The firm has a market cap of $2.41 billion, a price-to-earnings ratio of 12.64, a PEG ratio of 31.55 and a beta of 1.16. The company has a debt-to-equity ratio of 1.48, a quick ratio of 0.48 and a current ratio of 0.88. The firm’s 50-day simple moving average is $39.87 and its 200-day simple moving average is $57.73. Whirlpool Corporation has a twelve month low of $36.01 and a twelve month high of $100.49.

Whirlpool (NYSE:WHR) last announced its quarterly earnings results on Wednesday, May 6th. The company reported ($0.56) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.43 by ($0.99). The firm had revenue of $3.27 billion for the quarter, compared to the consensus estimate of $3.44 billion. Whirlpool had a net margin of 1.08% and a return on equity of 7.68%. The company’s revenue for the quarter was down 9.6% on a year-over-year basis. During the same period in the prior year, the business earned $1.70 earnings per share. Whirlpool has set its FY 2026 guidance at 3.000-3.500 EPS. Equities research analysts anticipate that Whirlpool Corporation will post 1.15 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

WHR has been the topic of several recent research reports. Stifel Nicolaus set a $55.00 price objective on Whirlpool in a report on Monday, May 4th. BNP Paribas Exane initiated coverage on Whirlpool in a research report on Monday, July 13th. They set a “neutral” rating and a $43.00 price objective on the stock. Wall Street Zen upgraded Whirlpool from a “strong sell” rating to a “sell” rating in a research note on Saturday, June 27th. Mizuho reduced their target price on Whirlpool from $45.00 to $40.00 and set a “neutral” rating for the company in a research report on Tuesday. Finally, Weiss Ratings downgraded shares of Whirlpool from a “hold (c-)” rating to a “sell (d)” rating in a research note on Friday, May 8th. One research analyst has rated the stock with a Buy rating, seven have issued a Hold rating and four have assigned a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of “Reduce” and an average target price of $53.22.

Whirlpool 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.