Commonwealth of Pennsylvania Public School Empls Retrmt SYS lifted its stake in shares of Whirlpool Corporation (NYSE:WHR – Free Report) by 7.9% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 14,288 shares of the company’s stock after acquiring an additional 1,049 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings in Whirlpool were worth $1,449,000 at the end of the most recent quarter.
Other institutional investors have also added to or reduced their stakes in the company. Cheviot Value Management LLC bought a new position in Whirlpool during the 1st quarter worth about $36,000. Ransom Advisory Ltd bought a new position in shares of Whirlpool during the first quarter worth about $38,000. HHM Wealth Advisors LLC grew its holdings in shares of Whirlpool by 77.2% during the first quarter. HHM Wealth Advisors LLC now owns 560 shares of the company’s stock worth $50,000 after buying an additional 244 shares in the last quarter. Legend Financial Advisors Inc. bought a new stake in Whirlpool in the 2nd quarter valued at approximately $51,000. Finally, Bogart Wealth LLC lifted its stake in Whirlpool by 80.6% in the 2nd quarter. Bogart Wealth LLC now owns 511 shares of the company’s stock valued at $52,000 after acquiring an additional 228 shares in the last quarter. 90.78% of the stock is owned by institutional investors.
Whirlpool Stock Performance
Shares of WHR stock opened at $73.35 on Friday. The company has a fifty day moving average price of $74.78 and a two-hundred day moving average price of $85.01. Whirlpool Corporation has a one year low of $65.35 and a one year high of $135.49. The stock has a market cap of $4.12 billion, a P/E ratio of -21.83 and a beta of 1.18. The company has a debt-to-equity ratio of 2.33, a current ratio of 0.86 and a quick ratio of 0.46.
Whirlpool Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Monday, December 15th. Stockholders of record on Friday, November 21st will be paid a dividend of $0.90 per share. This represents a $3.60 annualized dividend and a dividend yield of 4.9%. The ex-dividend date is Friday, November 21st. Whirlpool’s payout ratio is currently -107.14%.
Analyst Upgrades and Downgrades
A number of research firms have recently issued reports on WHR. Zacks Research upgraded shares of Whirlpool from a “strong sell” rating to a “hold” rating in a report on Tuesday, September 30th. Stifel Nicolaus lowered their price target on shares of Whirlpool from $80.00 to $69.00 and set a “hold” rating on the stock in a research note on Wednesday, October 29th. The Goldman Sachs Group reduced their price objective on shares of Whirlpool from $107.00 to $93.00 and set a “buy” rating for the company in a research note on Monday, October 13th. Wall Street Zen raised Whirlpool from a “sell” rating to a “hold” rating in a research report on Saturday, November 1st. Finally, Weiss Ratings reiterated a “sell (d)” rating on shares of Whirlpool in a report on Wednesday, October 8th. Two investment analysts have rated the stock with a Buy rating, four have issued a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat, Whirlpool currently has a consensus rating of “Reduce” and an average target price of $86.43.
Read Our Latest Analysis on Whirlpool
Whirlpool Profile
Whirlpool Corporation manufactures and markets home appliances and related products and services in the North America, Europe, the Middle East, Africa, Latin America, and Asia. The company's principal products include refrigerators, freezers, ice makers, and refrigerator water filters; laundry appliances, and commercial laundry products and related laundry accessories; cooking and other small domestic appliances; and dishwasher appliances and related accessories, as well as mixers.
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