Whirlpool Corporation (WHR) Stake Maintained by Glenmede Trust Co. NA
Glenmede Trust Co. NA held its position in shares of Whirlpool Corporation (NYSE:WHR) during the first quarter, according to its most recent disclosure with the SEC. The fund owned 1,289 shares of the company’s stock at the end of the first quarter. Glenmede Trust Co. NA’s holdings in Whirlpool Corporation were worth $234,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. LLBH Private Wealth Management LLC raised its position in shares of Whirlpool Corporation by 0.4% in the first quarter. LLBH Private Wealth Management LLC now owns 1,177 shares of the company’s stock worth $202,000 after buying an additional 5 shares during the last quarter. Bollard Group LLC increased its position in shares of Whirlpool Corporation by 0.6% in the first quarter. Bollard Group LLC now owns 2,158 shares of the company’s stock worth $370,000 after buying an additional 12 shares during the last quarter. Amalgamated Bank increased its position in shares of Whirlpool Corporation by 0.6% in the first quarter. Amalgamated Bank now owns 5,267 shares of the company’s stock worth $902,000 after buying an additional 32 shares during the last quarter. Smith Moore & CO. increased its position in shares of Whirlpool Corporation by 1.0% in the first quarter. Smith Moore & CO. now owns 3,332 shares of the company’s stock worth $571,000 after buying an additional 34 shares during the last quarter. Finally, Advisor Partners LLC increased its position in shares of Whirlpool Corporation by 2.2% in the first quarter. Advisor Partners LLC now owns 1,955 shares of the company’s stock worth $335,000 after buying an additional 42 shares during the last quarter. Hedge funds and other institutional investors own 93.89% of the company’s stock.
Whirlpool Corporation (NYSE WHR) opened at 192.29 on Monday. Whirlpool Corporation has a one year low of $145.91 and a one year high of $202.99. The company has a market cap of $14.22 billion, a P/E ratio of 16.55 and a beta of 1.81. The company has a 50 day moving average of $187.92 and a 200-day moving average of $180.07.
Whirlpool Corporation (NYSE:WHR) last announced its quarterly earnings data on Monday, April 24th. The company reported $2.50 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.65 by $0.15. Whirlpool Corporation had a net margin of 4.27% and a return on equity of 18.37%. The business had revenue of $4.79 billion for the quarter, compared to analysts’ expectations of $4.74 billion. During the same period in the prior year, the company posted $2.63 EPS. The firm’s revenue was up 3.7% on a year-over-year basis. On average, equities analysts expect that Whirlpool Corporation will post $15.10 earnings per share for the current fiscal year.
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A number of brokerages recently commented on WHR. Royal Bank Of Canada reaffirmed a “top pick” rating and issued a $216.00 price target (down previously from $226.00) on shares of Whirlpool Corporation in a report on Tuesday, June 20th. Zacks Investment Research downgraded shares of Whirlpool Corporation from a “hold” rating to a “sell” rating in a report on Wednesday, April 19th. Finally, Credit Suisse Group began coverage on shares of Whirlpool Corporation in a report on Thursday, June 22nd. They issued a “neutral” rating and a $208.00 price target for the company. One analyst has rated the stock with a sell rating, five have given a hold rating, two have issued a buy rating and one has issued a strong buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus target price of $193.50.
In related news, insider Marc R. Bitzer sold 19,314 shares of the company’s stock in a transaction dated Wednesday, May 10th. The shares were sold at an average price of $183.84, for a total transaction of $3,550,685.76. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. 2.69% of the stock is currently owned by corporate insiders.
Whirlpool Corporation Company Profile
Whirlpool Corporation is a manufacturer and marketer of home appliances. The Company’s segments include North America; Europe, Middle East and Africa (EMEA); Latin America, and Asia. In North America, the Company markets and distributes home appliances and small domestic appliances under a range of brand names.
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