Causeway Capital Management LLC Buys 183,496 Shares of Whirlpool Corporation $WHR

Causeway Capital Management LLC boosted its stake in Whirlpool Corporation (NYSE:WHR) by 42.3% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 617,039 shares of the company’s stock after acquiring an additional 183,496 shares during the period. Causeway Capital Management LLC owned 1.10% of Whirlpool worth $48,499,000 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of WHR. EverSource Wealth Advisors LLC grew its stake in Whirlpool by 129.2% during the second quarter. EverSource Wealth Advisors LLC now owns 369 shares of the company’s stock worth $37,000 after purchasing an additional 208 shares during the period. Ameriflex Group Inc. lifted its stake in Whirlpool by 700.0% in the third quarter. Ameriflex Group Inc. now owns 744 shares of the company’s stock valued at $58,000 after buying an additional 651 shares during the period. Cheviot Value Management LLC boosted its holdings in shares of Whirlpool by 50.0% during the 2nd quarter. Cheviot Value Management LLC now owns 600 shares of the company’s stock worth $61,000 after buying an additional 200 shares in the last quarter. Versant Capital Management Inc acquired a new stake in shares of Whirlpool during the 3rd quarter worth approximately $69,000. Finally, GAMMA Investing LLC increased its stake in shares of Whirlpool by 20.2% in the 3rd quarter. GAMMA Investing LLC now owns 942 shares of the company’s stock valued at $74,000 after acquiring an additional 158 shares in the last quarter. Institutional investors own 90.78% of the company’s stock.

Whirlpool Stock Performance

Shares of Whirlpool stock opened at $58.88 on Tuesday. The business’s fifty day simple moving average is $79.82 and its 200 day simple moving average is $78.91. The company has a current ratio of 0.76, a quick ratio of 0.40 and a debt-to-equity ratio of 2.06. Whirlpool Corporation has a 12 month low of $56.33 and a 12 month high of $111.96. The firm has a market capitalization of $3.33 billion, a P/E ratio of 10.42, a price-to-earnings-growth ratio of 2.78 and a beta of 1.27.

Whirlpool (NYSE:WHR) last announced its quarterly earnings data 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 business had revenue of $4.10 billion during 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 for the quarter was down 1.0% compared to the same quarter last year. During the same quarter last year, the company earned $4.57 EPS. Whirlpool has set its FY 2026 guidance at 7.000-7.000 EPS. As a group, analysts anticipate that Whirlpool Corporation will post 9.52 EPS for the current year.

Whirlpool Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 26th. Investors of record on Friday, February 27th will be issued a dividend of $0.90 per share. This represents a $3.60 dividend on an annualized basis and a yield of 6.1%. The ex-dividend date is Friday, February 27th. Whirlpool’s dividend payout ratio (DPR) is 63.72%.

Analyst Ratings Changes

Several research analysts recently issued reports on the stock. Zacks Research lowered shares of Whirlpool from a “strong-buy” rating to a “hold” rating in a research note on Monday, February 9th. Weiss Ratings upgraded Whirlpool from a “sell (d)” rating to a “hold (c-)” rating in a report on Thursday, February 12th. Stifel Nicolaus dropped their price objective on shares of Whirlpool from $75.00 to $68.00 and set a “hold” rating on the stock in a research note on Monday, March 2nd. Finally, JPMorgan Chase & Co. decreased their price objective on Whirlpool from $78.00 to $76.00 and set a “neutral” rating for the company in a report on Monday, February 2nd. Two research analysts have rated the stock with a Buy rating, five have given a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $84.43.

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.