Fishman Jay A Ltd. MI Lowers Stake in Whirlpool Corporation $WHR

Fishman Jay A Ltd. MI cut its stake in Whirlpool Corporation (NYSE:WHR) by 11.7% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 136,862 shares of the company’s stock after selling 18,110 shares during the period. Whirlpool comprises about 0.9% of Fishman Jay A Ltd. MI’s investment portfolio, making the stock its 24th largest position. Fishman Jay A Ltd. MI’s holdings in Whirlpool were worth $10,757,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. NewEdge Advisors LLC increased its position in shares of Whirlpool by 56.7% during the first quarter. NewEdge Advisors LLC now owns 3,120 shares of the company’s stock worth $281,000 after acquiring an additional 1,129 shares during the period. Empowered Funds LLC boosted its holdings in shares of Whirlpool by 206.5% in the first quarter. Empowered Funds LLC now owns 8,528 shares of the company’s stock valued at $769,000 after purchasing an additional 5,746 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in Whirlpool by 15.0% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 214,918 shares of the company’s stock worth $19,371,000 after purchasing an additional 27,995 shares during the period. KLP Kapitalforvaltning AS raised its position in Whirlpool by 9.7% during the 2nd quarter. KLP Kapitalforvaltning AS now owns 12,400 shares of the company’s stock valued at $1,258,000 after purchasing an additional 1,100 shares in the last quarter. Finally, US Bancorp DE lifted its holdings in shares of Whirlpool by 1.6% in the 2nd quarter. US Bancorp DE now owns 23,079 shares of the company’s stock worth $2,341,000 after buying an additional 355 shares during the period. Institutional investors own 90.78% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms recently weighed in on WHR. Wall Street Zen upgraded Whirlpool from a “sell” rating to a “hold” rating in a report on Saturday, November 1st. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Whirlpool in a research report on Wednesday, January 21st. The Goldman Sachs Group reduced their price target on Whirlpool from $107.00 to $93.00 and set a “buy” rating for the company in a research report on Monday, October 13th. JPMorgan Chase & Co. reduced their price target on Whirlpool from $78.00 to $76.00 and set a “neutral” rating on the stock in a research report on Monday. Finally, Stifel Nicolaus decreased their price target on Whirlpool from $82.00 to $75.00 and set a “hold” rating for the company in a research note on Friday, January 30th. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, three have issued a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat, Whirlpool currently has a consensus rating of “Hold” and an average price target of $85.43.

Whirlpool Price Performance

NYSE WHR opened at $85.08 on Friday. The stock’s fifty day moving average price is $79.29 and its 200 day moving average price is $80.80. Whirlpool Corporation has a 1 year low of $65.35 and a 1 year high of $111.96. The company has a debt-to-equity ratio of 2.06, a current ratio of 0.76 and a quick ratio of 0.40. The company has a market cap of $4.78 billion, a price-to-earnings ratio of 15.06, a PEG ratio of 1.44 and a beta of 1.25.

Whirlpool (NYSE:WHR) last posted its quarterly earnings results on Wednesday, January 28th. The company reported $1.10 earnings per share for the quarter, missing the consensus estimate of $1.54 by ($0.44). Whirlpool had a net margin of 2.04% and a return on equity of 12.98%. The firm had revenue of $4.10 billion for the quarter, compared to analysts’ expectations of $4.27 billion. During the same quarter in the previous year, the firm posted $4.57 EPS. The firm’s revenue for the quarter was down 1.0% compared to the same quarter last year. Whirlpool has set its FY 2026 guidance at 7.000-7.000 EPS. As a group, equities research analysts forecast that Whirlpool Corporation will post 9.52 earnings per share for the current year.

Whirlpool Profile

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.