First Trust Advisors LP Acquires 53,797 Shares of Whirlpool Corporation $WHR

First Trust Advisors LP grew its holdings in Whirlpool Corporation (NYSE:WHR) by 50.7% during the first quarter, Holdings Channel.com reports. The firm owned 159,845 shares of the company’s stock after acquiring an additional 53,797 shares during the period. First Trust Advisors LP’s holdings in Whirlpool were worth $8,619,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in WHR. Flagship Harbor Advisors LLC acquired a new stake in shares of Whirlpool in the fourth quarter valued at $25,000. Northwestern Mutual Wealth Management Co. lifted its position in Whirlpool by 172.0% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 389 shares of the company’s stock worth $28,000 after buying an additional 246 shares in the last quarter. Garton & Associates Financial Advisors LLC bought a new stake in Whirlpool during the 4th quarter worth about $35,000. EverSource Wealth Advisors LLC grew its holdings in Whirlpool by 129.2% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 369 shares of the company’s stock worth $37,000 after acquiring an additional 208 shares during the last quarter. Finally, SBI Securities Co. Ltd. increased its position 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 own 90.78% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on WHR shares. Royal Bank Of Canada dropped their target price on shares of Whirlpool from $32.00 to $30.00 and set an “underperform” rating for the company in a research note on Tuesday, June 16th. BNP Paribas Exane started coverage on shares of Whirlpool in a report on Monday, July 13th. They issued a “neutral” rating and a $43.00 price target for the company. Wall Street Zen upgraded shares of Whirlpool from a “strong sell” rating to a “sell” rating in a research report on Saturday, June 27th. Stifel Nicolaus dropped their price objective on shares of Whirlpool from $45.00 to $37.00 and set a “hold” rating for the company in a research report on Thursday, July 23rd. Finally, Weiss Ratings downgraded Whirlpool from a “hold (c-)” rating to a “sell (d)” rating in a report on Friday, May 8th. One investment 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’s stock. According to data from MarketBeat, Whirlpool presently has an average rating of “Reduce” and an average price target of $51.22.

Whirlpool Price Performance

Shares of WHR stock opened at $37.59 on Friday. The firm has a market cap of $2.44 billion, a price-to-earnings ratio of 12.78, a PEG ratio of 32.47 and a beta of 1.16. Whirlpool Corporation has a 12 month low of $35.45 and a 12 month high of $96.57. The company has a quick ratio of 0.48, a current ratio of 0.88 and a debt-to-equity ratio of 1.48. The stock has a 50-day moving average price of $39.33 and a 200 day moving average price of $55.87.

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

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.