Norinchukin Bank The lifted its position in Whirlpool Corporation (NYSE:WHR) by 6.0% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 5,133 shares of the company’s stock after purchasing an additional 292 shares during the quarter. Norinchukin Bank The’s holdings in Whirlpool Corporation were worth $984,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in the company. Strs Ohio raised its position in Whirlpool Corporation by 1.2% during the first quarter. Strs Ohio now owns 3,894 shares of the company’s stock valued at $667,000 after acquiring an additional 45 shares in the last quarter. Advisors Asset Management Inc. raised its position in Whirlpool Corporation by 108.6% during the first quarter. Advisors Asset Management Inc. now owns 2,989 shares of the company’s stock valued at $512,000 after acquiring an additional 1,556 shares in the last quarter. Toronto Dominion Bank raised its position in Whirlpool Corporation by 44.2% during the first quarter. Toronto Dominion Bank now owns 21,899 shares of the company’s stock valued at $3,753,000 after acquiring an additional 6,713 shares in the last quarter. Scout Investments Inc. purchased a new position in Whirlpool Corporation during the first quarter valued at approximately $206,000. Finally, Warren Averett Asset Management LLC purchased a new position in Whirlpool Corporation during the first quarter valued at approximately $1,247,000. Hedge funds and other institutional investors own 91.47% of the company’s stock.

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Shares of Whirlpool Corporation (NYSE WHR) opened at 170.84 on Tuesday. The firm has a 50-day moving average price of $172.59 and a 200 day moving average price of $179.99. The firm has a market capitalization of $12.47 billion, a price-to-earnings ratio of 17.10 and a beta of 1.77. Whirlpool Corporation has a one year low of $145.91 and a one year high of $202.99.

Whirlpool Corporation (NYSE:WHR) last issued its earnings results on Wednesday, July 26th. The company reported $3.35 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $3.54 by ($0.19). The business had revenue of $5.35 billion for the quarter, compared to analysts’ expectations of $5.35 billion. Whirlpool Corporation had a return on equity of 18.17% and a net margin of 3.61%. The business’s quarterly revenue was up 2.9% on a year-over-year basis. During the same period last year, the company posted $3.50 earnings per share. Equities analysts forecast that Whirlpool Corporation will post $14.64 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which was paid on Friday, September 15th. Stockholders of record on Friday, August 25th were paid a dividend of $1.10 per share. This represents a $4.40 dividend on an annualized basis and a dividend yield of 2.58%. The ex-dividend date of this dividend was Wednesday, August 23rd. Whirlpool Corporation’s dividend payout ratio (DPR) is 44.04%.

Whirlpool Corporation declared that its Board of Directors has initiated a share repurchase program on Wednesday, July 26th that allows the company to buyback $2.35 billion in shares. This buyback authorization allows the company to repurchase up to 16.7% of its shares through open market purchases. Shares buyback programs are often an indication that the company’s management believes its stock is undervalued.

Several research analysts recently weighed in on WHR shares. BidaskClub cut Whirlpool Corporation from a “buy” rating to a “hold” rating in a research report on Wednesday, August 2nd. Credit Suisse Group started coverage on Whirlpool Corporation in a research report on Thursday, June 22nd. They set a “neutral” rating and a $208.00 price target for the company. ValuEngine cut Whirlpool Corporation from a “buy” rating to a “hold” rating in a research report on Friday, September 1st. Royal Bank Of Canada reiterated a “buy” rating and set a $216.00 price target on shares of Whirlpool Corporation in a research report on Friday, June 2nd. Finally, Zacks Investment Research cut Whirlpool Corporation from a “buy” rating to a “hold” rating in a research report on Friday, July 28th. Six analysts have rated the stock with a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus target price of $194.71.

In other Whirlpool Corporation news, Director William D. Perez bought 1,000 shares of the business’s stock in a transaction dated Monday, July 31st. The stock was acquired at an average cost of $176.93 per share, with a total value of $176,930.00. Following the purchase, the director now owns 7,239 shares in the company, valued at approximately $1,280,796.27. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Corporate insiders own 2.69% of the company’s stock.

Whirlpool Corporation 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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Institutional Ownership by Quarter for Whirlpool Corporation (NYSE:WHR)

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