Nykredit A S Buys Shares of 1,317,933 Whirlpool Corporation $WHR

Nykredit A S purchased a new stake in shares of Whirlpool Corporation (NYSE:WHR) during the second quarter, HoldingsChannel.com reports. The fund purchased 1,317,933 shares of the company’s stock, valued at approximately $51,953,000.

A number of other large investors have also recently made changes to their positions in the stock. Kelleher Financial Advisors purchased a new position in shares of Whirlpool during the second quarter valued at approximately $28,000. Northwestern Mutual Wealth Management Co. boosted its holdings in Whirlpool by 172.0% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 389 shares of the company’s stock worth $28,000 after purchasing an additional 246 shares during the last quarter. Silvant Capital Management LLC purchased a new stake in Whirlpool in the second quarter worth approximately $29,000. Garton & Associates Financial Advisors LLC bought a new stake in Whirlpool in the 4th quarter worth approximately $35,000. Finally, EverSource Wealth Advisors LLC raised its stake in Whirlpool by 129.2% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 369 shares of the company’s stock valued at $37,000 after buying an additional 208 shares during the last quarter. 90.78% of the stock is currently owned by institutional investors.

Whirlpool Stock Up 2.6%

WHR opened at $38.92 on Thursday. The firm’s 50 day simple moving average is $39.55 and its two-hundred day simple moving average is $48.46. The company has a market capitalization of $2.54 billion, a PE ratio of 13.33, a PEG ratio of 16.86 and a beta of 1.18. Whirlpool Corporation has a 1-year low of $35.45 and a 1-year high of $96.57. The company has a current ratio of 1.15, a quick ratio of 0.71 and a debt-to-equity ratio of 1.74.

Whirlpool (NYSE:WHR) last issued its quarterly earnings data on Monday, August 3rd. The company reported ($0.21) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.06) by ($0.15). The business had revenue of $3.52 billion for the quarter, compared to the consensus estimate of $3.55 billion. Whirlpool had a net margin of 1.17% and a return on equity of 4.18%. The company’s revenue was down 6.8% on a year-over-year basis. During the same period in the previous year, the firm earned $1.34 EPS. Whirlpool has set its FY 2026 guidance at 2.500-3.000 EPS. As a group, equities analysts forecast that Whirlpool Corporation will post 2.25 EPS for the current year.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on the company. Mizuho lowered their price target on Whirlpool from $45.00 to $40.00 and set a “neutral” rating on the stock in a report on Tuesday, July 21st. Weiss Ratings reiterated a “sell (d)” rating on shares of Whirlpool in a research report on Wednesday, August 5th. Bank of America lowered their target price on Whirlpool from $43.00 to $36.00 and set an “underperform” rating on the stock in a report on Monday, June 22nd. Citigroup reissued a “neutral” rating on shares of Whirlpool in a research report on Thursday, August 6th. Finally, Stifel Nicolaus cut their price target on Whirlpool from $45.00 to $37.00 and set a “hold” rating for the company in a research note on Thursday, July 23rd. One investment analyst has rated the stock with a Buy rating, eight have given a Hold rating and three have given a Sell rating to the stock. According to MarketBeat, the stock has an average rating of “Reduce” and an average price target of $46.33.

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.