Whirlpool Corporation $WHR Stock Position Reduced by Strs Ohio

Strs Ohio decreased its stake in Whirlpool Corporation (NYSE:WHR) by 89.9% in the third quarter, Holdings Channel reports. The institutional investor owned 1,283 shares of the company’s stock after selling 11,417 shares during the quarter. Strs Ohio’s holdings in Whirlpool were worth $101,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Norges Bank purchased a new stake in shares of Whirlpool during the second quarter worth $71,595,000. Curi Capital LLC purchased a new stake in shares of Whirlpool during the 2nd quarter worth about $57,699,000. Maple Rock Capital Partners Inc. lifted its holdings in shares of Whirlpool by 357.2% during the 2nd quarter. Maple Rock Capital Partners Inc. now owns 533,655 shares of the company’s stock valued at $54,123,000 after buying an additional 416,945 shares during the last quarter. Orion Porfolio Solutions LLC grew its stake in shares of Whirlpool by 2,795.1% in the 2nd quarter. Orion Porfolio Solutions LLC now owns 234,564 shares of the company’s stock valued at $23,789,000 after buying an additional 226,462 shares in the last quarter. Finally, Advisors Capital Management LLC grew its stake in shares of Whirlpool by 72.1% in the 2nd quarter. Advisors Capital Management LLC now owns 292,425 shares of the company’s stock valued at $29,658,000 after buying an additional 122,493 shares in the last quarter. 90.78% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

WHR has been the topic of several recent research reports. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Whirlpool in a research report on Wednesday, January 21st. Royal Bank Of Canada restated an “underperform” rating on shares of Whirlpool in a report on Wednesday, October 29th. Zacks Research raised shares of Whirlpool from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, January 13th. JPMorgan Chase & Co. cut their target price on Whirlpool from $78.00 to $76.00 and set a “neutral” rating on the stock in a report on Monday. Finally, 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. One analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, three have assigned a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat.com, Whirlpool presently has an average rating of “Hold” and a consensus price target of $85.43.

Whirlpool Stock Performance

NYSE:WHR opened at $87.72 on Thursday. The firm has a market capitalization of $4.93 billion, a PE ratio of 15.53, a PEG ratio of 1.39 and a beta of 1.25. Whirlpool Corporation has a 1 year low of $65.35 and a 1 year 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 firm’s fifty day simple moving average is $79.16 and its 200 day simple moving average is $80.77.

Whirlpool (NYSE:WHR) last released its quarterly earnings results on Wednesday, January 28th. The company reported $1.10 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.54 by ($0.44). The firm had revenue of $4.10 billion for the quarter, compared to the consensus estimate of $4.27 billion. Whirlpool had a net margin of 2.04% and a return on equity of 12.98%. The firm’s revenue was down 1.0% on a year-over-year basis. During the same quarter last year, the company earned $4.57 earnings per share. Whirlpool has set its FY 2026 guidance at 7.000-7.000 EPS. On average, sell-side analysts anticipate that Whirlpool Corporation will post 9.52 EPS 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.