Swiss National Bank Has $6.72 Million Holdings in Whirlpool Corporation $WHR

Swiss National Bank raised its stake in Whirlpool Corporation (NYSE:WHR) by 13.2% in the first quarter, Holdings Channel.com reports. The firm owned 124,700 shares of the company’s stock after acquiring an additional 14,500 shares during the period. Swiss National Bank’s holdings in Whirlpool were worth $6,724,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently made changes to their positions in WHR. NewEdge Advisors LLC raised its position in shares of Whirlpool by 56.7% during the first quarter. NewEdge Advisors LLC now owns 3,120 shares of the company’s stock valued at $281,000 after buying an additional 1,129 shares during the last quarter. Empowered Funds LLC grew its position in Whirlpool by 206.5% during the first quarter. Empowered Funds LLC now owns 8,528 shares of the company’s stock worth $769,000 after buying an additional 5,746 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake in Whirlpool by 15.0% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 214,918 shares of the company’s stock valued at $19,371,000 after acquiring an additional 27,995 shares during the period. Invesco Ltd. increased its stake in Whirlpool by 3.2% during the second quarter. Invesco Ltd. now owns 229,566 shares of the company’s stock valued at $23,283,000 after acquiring an additional 7,151 shares during the period. Finally, EverSource Wealth Advisors LLC raised its holdings in Whirlpool by 129.2% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 369 shares of the company’s stock valued at $37,000 after acquiring an additional 208 shares in the last quarter. Institutional investors own 90.78% of the company’s stock.

Analysts Set New Price Targets

WHR has been the subject of a number of research reports. Mizuho reduced their price objective on Whirlpool from $45.00 to $40.00 and set a “neutral” rating for the company in a research report on Tuesday, July 21st. JPMorgan Chase & Co. lowered their price objective on Whirlpool from $59.00 to $52.00 and set a “neutral” rating on the stock in a research report on Monday, May 11th. Stifel Nicolaus cut their target price on Whirlpool from $45.00 to $37.00 and set a “hold” rating for the company in a research note on Thursday, July 23rd. Wall Street Zen upgraded shares of Whirlpool from a “strong sell” rating to a “sell” rating in a research note on Saturday, June 27th. Finally, BNP Paribas Exane assumed coverage on shares of Whirlpool in a report on Monday, July 13th. They issued a “neutral” rating and a $43.00 price target on the stock. One analyst has rated the stock with a Buy rating, seven have issued a Hold rating and four have given a Sell rating to the company. According to data from MarketBeat, the company has a consensus rating of “Reduce” and an average target price of $51.22.

Whirlpool Stock Performance

NYSE:WHR opened at $38.57 on Wednesday. The firm has a market capitalization of $2.50 billion, a PE ratio of 13.12, a price-to-earnings-growth ratio of 32.58 and a beta of 1.16. The company has a quick ratio of 0.48, a current ratio of 0.88 and a debt-to-equity ratio of 1.48. Whirlpool Corporation has a 12-month low of $35.45 and a 12-month high of $96.57. The firm has a 50-day moving average price of $39.60 and a 200 day moving average price of $56.62.

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

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.