Whirlpool Corporation (NYSE:WHR) Given Average Recommendation of "Reduce" by Brokerages

Key Points

• Analysts hold a cautious view of Whirlpool: Twelve analysts give the stock a consensus “Reduce” rating, with three sells, eight holds and one buy. The average 12-month price target is $45.44.
• Whirlpool’s shares opened at $33.52, near their one-year low of $31.52 and well below the one-year high of $94.82. Institutional investors and hedge funds own approximately 90.78% of the company.
• The company’s latest quarterly results fell short of expectations, reporting a loss of $0.21 per share versus the expected loss of $0.06, while revenue declined 6.8% year over year to $3.52 billion.

Shares of Whirlpool Corporation (NYSE:WHR - Get Free Report) have earned a consensus rating of "Reduce" from the twelve analysts that are covering the firm, MarketBeat.com reports. Three equities research analysts have rated the stock with a sell recommendation, eight have assigned a hold recommendation and one has assigned a buy recommendation to the company. The average 12-month target price among brokerages that have issued a report on the stock in the last year is $45.4444.

A number of research firms recently issued reports on WHR. Citigroup reiterated a "neutral" rating on shares of Whirlpool in a research report on Thursday, August 6th. BNP Paribas Exane assumed coverage on shares of Whirlpool in a research note on Monday, July 13th. They issued a "neutral" rating and a $43.00 price target for the company. Wall Street Zen upgraded shares of Whirlpool from a "strong sell" rating to a "sell" rating in a report on Saturday, August 8th. Bank of America cut their price objective on shares of Whirlpool from $38.00 to $31.00 and set an "underperform" rating on the stock in a research report on Friday, September 11th. Finally, Zacks Research upgraded Whirlpool from a "strong sell" rating to a "hold" rating in a research note on Thursday, August 6th.

Institutional Investors Weigh In On Whirlpool

Hedge funds have recently added to or reduced their stakes in the company. Primecap Management Co. CA acquired a new position in shares of Whirlpool during the second quarter worth approximately $141,801,000. RWWM Inc. grew its position in Whirlpool by 191.6% in the 1st quarter. RWWM Inc. now owns 2,422,618 shares of the company's stock valued at $130,628,000 after purchasing an additional 1,591,849 shares during the period. Geode Capital Management LLC increased its stake in Whirlpool by 2.3% during the 4th quarter. Geode Capital Management LLC now owns 1,279,044 shares of the company's stock valued at $92,472,000 after purchasing an additional 29,162 shares in the last quarter. Canada Pension Plan Investment Board bought a new stake in Whirlpool during the 2nd quarter valued at $61,003,000. Finally, Nykredit A S acquired a new position in Whirlpool during the second quarter worth $51,953,000. Institutional investors and hedge funds own 90.78% of the company's stock.

Whirlpool Trading Up 2.7%

NYSE WHR opened at $33.52 on Wednesday. The stock has a market capitalization of $2.19 billion, a P/E ratio of 11.48, a P/E/G ratio of 14.51 and a beta of 1.18. The business has a 50 day simple moving average of $38.63 and a 200 day simple moving average of $44.41. The company has a debt-to-equity ratio of 1.74, a current ratio of 1.15 and a quick ratio of 0.71. Whirlpool has a one year low of $31.52 and a one year high of $94.82.

Whirlpool (NYSE:WHR - Get Free Report) last issued its quarterly earnings results on Monday, August 3rd. The company reported ($0.21) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.06) by ($0.15). The business had revenue of $3.52 billion during the quarter, compared to analyst estimates of $3.55 billion. Whirlpool had a net margin of 1.17% and a return on equity of 4.18%. Whirlpool's quarterly revenue was down 6.8% compared to the same quarter last year. During the same period last year, the firm posted $1.34 earnings per share. Whirlpool has set its FY 2026 guidance at 2.500-3.000 EPS. Research analysts expect that Whirlpool will post 2.25 earnings per share for the current year.

About Whirlpool

Whirlpool Corporation is a global manufacturer and marketer of home appliances. The company develops products designed for food preservation, laundry, cooking, dishwashing and other household needs, serving consumers through retail, e-commerce and builder channels.

Its product portfolio includes refrigerators and freezers, washing machines and dryers, ranges and ovens, dishwashers, microwaves and other kitchen appliances. Whirlpool markets products under brands including Whirlpool, Maytag, KitchenAid, Amana and JennAir, with brand availability varying by market.

Founded in 1911 as the Upton Machine Company, Whirlpool is headquartered in Benton Harbor, Michigan.

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