Natixis cut its holdings in Whirlpool Co. (NYSE:WHR) by 47.5% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 33,411 shares of the company’s stock after selling 30,239 shares during the quarter. Natixis owned 0.05% of Whirlpool worth $4,756,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Hartline Investment Corp increased its stake in Whirlpool by 1.9% during the second quarter. Hartline Investment Corp now owns 4,053 shares of the company’s stock worth $577,000 after acquiring an additional 74 shares during the last quarter. Huntington National Bank increased its position in shares of Whirlpool by 1.1% in the 2nd quarter. Huntington National Bank now owns 7,044 shares of the company’s stock valued at $1,004,000 after acquiring an additional 77 shares during the period. Mason Street Advisors LLC increased its position in shares of Whirlpool by 0.9% in the 1st quarter. Mason Street Advisors LLC now owns 9,076 shares of the company’s stock valued at $1,206,000 after acquiring an additional 80 shares during the period. Trustcore Financial Services LLC increased its position in shares of Whirlpool by 45.9% in the 2nd quarter. Trustcore Financial Services LLC now owns 264 shares of the company’s stock valued at $38,000 after acquiring an additional 83 shares during the period. Finally, M&T Bank Corp grew its position in Whirlpool by 1.5% during the 2nd quarter. M&T Bank Corp now owns 6,651 shares of the company’s stock worth $947,000 after purchasing an additional 99 shares during the period. 94.47% of the stock is currently owned by hedge funds and other institutional investors.

Shares of WHR traded down $0.37 on Friday, hitting $150.46. 147,782 shares of the stock traded hands, compared to its average volume of 578,985. The company has a quick ratio of 0.54, a current ratio of 0.84 and a debt-to-equity ratio of 1.31. The firm has a market capitalization of $9.57 billion, a P/E ratio of 9.92, a P/E/G ratio of 1.90 and a beta of 1.82. The stock’s 50 day moving average is $139.54 and its two-hundred day moving average is $137.21. Whirlpool Co. has a 1 year low of $99.40 and a 1 year high of $153.22.

Whirlpool (NYSE:WHR) last announced its quarterly earnings data on Monday, July 22nd. The company reported $4.01 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.80 by $0.21. Whirlpool had a net margin of 4.39% and a return on equity of 30.55%. The business had revenue of $5.20 billion for the quarter, compared to the consensus estimate of $5.03 billion. During the same quarter in the prior year, the firm posted $3.20 earnings per share. The company’s quarterly revenue was up 1.2% compared to the same quarter last year. Research analysts forecast that Whirlpool Co. will post 15.12 EPS for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Sunday, September 15th. Stockholders of record on Friday, August 30th will be paid a $1.20 dividend. This represents a $4.80 dividend on an annualized basis and a dividend yield of 3.19%. The ex-dividend date is Thursday, August 29th. Whirlpool’s payout ratio is 31.66%.

In other Whirlpool news, CFO James W. Peters sold 650 shares of the business’s stock in a transaction on Thursday, August 1st. The shares were sold at an average price of $146.51, for a total value of $95,231.50. Following the sale, the chief financial officer now owns 18,569 shares of the company’s stock, valued at approximately $2,720,544.19. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. 0.91% of the stock is currently owned by insiders.

WHR has been the topic of a number of analyst reports. Gabelli restated a “hold” rating on shares of Whirlpool in a research report on Wednesday, July 24th. Zacks Investment Research raised shares of Whirlpool from a “hold” rating to a “buy” rating and set a $147.00 price target on the stock in a research note on Thursday, August 22nd. Buckingham Research raised their price target on shares of Whirlpool from $135.00 to $150.00 and gave the company a “neutral” rating in a research note on Wednesday, July 17th. ValuEngine raised shares of Whirlpool from a “strong sell” rating to a “sell” rating in a research note on Tuesday. Finally, Longbow Research set a $178.00 price target on shares of Whirlpool and gave the company a “buy” rating in a research note on Friday, August 2nd. Three research analysts have rated the stock with a sell rating, seven have issued a hold rating and two have given a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus target price of $140.95.

Whirlpool Company Profile

Whirlpool Corporation manufactures and markets home appliances and related products. It operates through four segments: North America; Europe, Middle East and Africa; Latin America; and Asia. The company's principal products include refrigerators, freezers, ice makers, and refrigerator water filters; laundry appliances and related laundry accessories; cooking appliances and other small domestic appliances; and dishwasher appliances and related accessories.

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Institutional Ownership by Quarter for Whirlpool (NYSE:WHR)

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