M&G PLC Sells 5,675 Shares of Whirlpool Corporation $WHR

M&G PLC decreased its position in Whirlpool Corporation (NYSE:WHR) by 5.8% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 92,461 shares of the company’s stock after selling 5,675 shares during the quarter. M&G PLC owned approximately 0.16% of Whirlpool worth $7,304,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. EverSource Wealth Advisors LLC increased its stake in shares of Whirlpool by 129.2% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 369 shares of the company’s stock worth $37,000 after acquiring an additional 208 shares in the last quarter. Bogart Wealth LLC grew its holdings in Whirlpool by 80.6% in the second quarter. Bogart Wealth LLC now owns 511 shares of the company’s stock worth $52,000 after purchasing an additional 228 shares during the period. Cheviot Value Management LLC increased its stake in shares of Whirlpool by 50.0% during the second quarter. Cheviot Value Management LLC now owns 600 shares of the company’s stock valued at $61,000 after purchasing an additional 200 shares in the last quarter. Versant Capital Management Inc purchased a new position in shares of Whirlpool during the third quarter valued at approximately $69,000. Finally, GAMMA Investing LLC boosted its position in shares of Whirlpool by 20.2% in the 3rd quarter. GAMMA Investing LLC now owns 942 shares of the company’s stock worth $74,000 after purchasing an additional 158 shares in the last quarter. Institutional investors own 90.78% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on the company. Wall Street Zen upgraded Whirlpool from a “sell” rating to a “hold” rating in a research note on Saturday, November 1st. JPMorgan Chase & Co. reduced their price target on Whirlpool from $78.00 to $76.00 and set a “neutral” rating for the company in a report on Monday, February 2nd. Stifel Nicolaus dropped their price target on shares of Whirlpool from $82.00 to $75.00 and set a “hold” rating on the stock in a research note on Friday, January 30th. Zacks Research downgraded shares of Whirlpool from a “strong-buy” rating to a “hold” rating in a research report on Monday, February 9th. Finally, Weiss Ratings upgraded shares of Whirlpool from a “sell (d)” rating to a “hold (c-)” rating in a research note on Thursday. Two research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Whirlpool has a consensus rating of “Hold” and an average price target of $85.43.

Whirlpool Trading Down 2.1%

Whirlpool stock opened at $88.55 on Tuesday. Whirlpool Corporation has a one year low of $65.35 and a one year high of $111.96. The business’s fifty day moving average is $80.83 and its 200 day moving average is $80.45. The stock has a market capitalization of $5.00 billion, a PE ratio of 15.67, a price-to-earnings-growth ratio of 1.46 and a beta of 1.25. The company has a debt-to-equity ratio of 2.06, a current ratio of 0.76 and a quick ratio of 0.40.

Whirlpool (NYSE:WHR) last posted its earnings results on Wednesday, January 28th. The company reported $1.10 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.54 by ($0.44). The company 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%. Whirlpool’s revenue was down 1.0% on a year-over-year basis. During the same quarter in the prior year, the company posted $4.57 EPS. Whirlpool has set its FY 2026 guidance at 7.000-7.000 EPS. On average, sell-side analysts predict that Whirlpool Corporation will post 9.52 EPS for the current year.

Whirlpool Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, March 26th. Shareholders of record on Friday, February 27th will be given a $0.90 dividend. This represents a $3.60 dividend on an annualized basis and a yield of 4.1%. The ex-dividend date of this dividend is Friday, February 27th. Whirlpool’s payout ratio is 63.72%.

Whirlpool Company 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.