Analysts Set Whirlpool Corporation (NYSE:WHR) Target Price at $82.00

Whirlpool Corporation (NYSE:WHR) has been assigned an average recommendation of “Reduce” from the eleven brokerages that are presently covering the company, MarketBeat.com reports. Three research analysts have rated the stock with a sell recommendation, six have assigned a hold recommendation and two have assigned a buy recommendation to the company. The average 1 year target price among brokers that have issued ratings on the stock in the last year is $82.00.

WHR has been the subject of a number of research analyst reports. Stifel Nicolaus cut their price target on shares of Whirlpool from $75.00 to $68.00 and set a “hold” rating for the company in a report on Monday, March 2nd. JPMorgan Chase & Co. cut their price target on shares of Whirlpool from $76.00 to $59.00 and set a “neutral” rating for the company in a report on Friday, March 13th. Raymond James Financial reissued a “market perform” rating on shares of Whirlpool in a report on Monday, March 16th. Weiss Ratings raised shares of Whirlpool from a “sell (d)” rating to a “hold (c-)” rating in a report on Thursday, February 12th. Finally, Zacks Research downgraded shares of Whirlpool from a “hold” rating to a “strong sell” rating in a report on Tuesday, March 10th.

Institutional Trading of Whirlpool

A number of hedge funds have recently bought and sold shares of WHR. NewEdge Advisors LLC lifted its stake in Whirlpool by 56.7% during the first quarter. NewEdge Advisors LLC now owns 3,120 shares of the company’s stock valued at $281,000 after buying an additional 1,129 shares in the last quarter. Empowered Funds LLC lifted its stake in Whirlpool by 206.5% during the first quarter. Empowered Funds LLC now owns 8,528 shares of the company’s stock valued at $769,000 after buying an additional 5,746 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in Whirlpool by 15.0% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 214,918 shares of the company’s stock valued at $19,371,000 after buying an additional 27,995 shares in the last quarter. Prudential Financial Inc. lifted its stake in Whirlpool by 76.3% during the second quarter. Prudential Financial Inc. now owns 8,212 shares of the company’s stock valued at $833,000 after buying an additional 3,553 shares in the last quarter. Finally, Quadrant Capital Group LLC lifted its stake in Whirlpool by 18.4% during the second quarter. Quadrant Capital Group LLC now owns 7,185 shares of the company’s stock valued at $729,000 after buying an additional 1,116 shares in the last quarter. 90.78% of the stock is owned by hedge funds and other institutional investors.

Whirlpool Price Performance

Shares of NYSE WHR opened at $54.56 on Wednesday. Whirlpool has a twelve month low of $50.41 and a twelve month high of $111.96. The company has a current ratio of 0.76, a quick ratio of 0.40 and a debt-to-equity ratio of 2.06. The company has a market capitalization of $3.08 billion, a price-to-earnings ratio of 9.66, a PEG ratio of 2.73 and a beta of 1.30. The firm has a 50-day moving average of $68.53 and a two-hundred day moving average of $73.45.

Whirlpool (NYSE:WHR) last issued its quarterly earnings results on Wednesday, January 28th. The company reported $1.10 earnings per share for the quarter, missing analysts’ consensus estimates of $1.54 by ($0.44). Whirlpool had a net margin of 2.04% and a return on equity of 12.98%. The business had revenue of $4.10 billion during the quarter, compared to analyst estimates of $4.27 billion. During the same period in the previous year, the company posted $4.57 earnings per share. Whirlpool’s revenue 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, analysts expect that Whirlpool will post 9.52 earnings per share for the current fiscal year.

Whirlpool Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 26th. Shareholders of record on Friday, February 27th were paid a dividend of $0.90 per share. The ex-dividend date of this dividend was Friday, February 27th. This represents a $3.60 dividend on an annualized basis and a yield of 6.6%. Whirlpool’s dividend payout ratio is currently 63.72%.

About Whirlpool

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.