Boston Partners Grows Holdings in Whirlpool Corporation $WHR

Boston Partners lifted its stake in shares of Whirlpool Corporation (NYSE:WHR - Free Report) by 53.2% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 8,843 shares of the company's stock after acquiring an additional 3,070 shares during the period. Boston Partners' holdings in Whirlpool were worth $797,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of WHR. Nuveen LLC purchased a new position in shares of Whirlpool during the 1st quarter worth about $82,461,000. Dimensional Fund Advisors LP lifted its holdings in shares of Whirlpool by 19.6% during the 4th quarter. Dimensional Fund Advisors LP now owns 1,373,215 shares of the company's stock worth $157,205,000 after acquiring an additional 224,990 shares during the period. Nuveen Asset Management LLC lifted its holdings in shares of Whirlpool by 19.8% during the 4th quarter. Nuveen Asset Management LLC now owns 1,208,741 shares of the company's stock worth $138,377,000 after acquiring an additional 199,663 shares during the period. Charles Schwab Investment Management Inc. lifted its holdings in shares of Whirlpool by 5.6% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 2,235,977 shares of the company's stock worth $201,529,000 after acquiring an additional 117,964 shares during the period. Finally, Northern Trust Corp lifted its holdings in shares of Whirlpool by 26.1% during the 4th quarter. Northern Trust Corp now owns 512,732 shares of the company's stock worth $58,698,000 after acquiring an additional 106,259 shares during the period. 90.78% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research analysts have recently weighed in on WHR shares. Wall Street Zen lowered shares of Whirlpool from a "hold" rating to a "sell" rating in a report on Saturday, July 26th. Longbow Research raised shares of Whirlpool from a "neutral" rating to a "buy" rating and set a $145.00 target price for the company in a research report on Monday, June 30th. JPMorgan Chase & Co. dropped their target price on shares of Whirlpool from $109.00 to $89.00 and set a "neutral" rating for the company in a research report on Monday, April 28th. Loop Capital reissued a "hold" rating and set a $88.00 target price on shares of Whirlpool in a research report on Monday, August 4th. Finally, Royal Bank Of Canada dropped their target price on shares of Whirlpool from $65.00 to $63.00 and set an "underperform" rating for the company in a research report on Wednesday, July 30th. Three equities research analysts have rated the stock with a sell rating, two have assigned a hold rating and two have issued a buy rating to the company's stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus target price of $98.83.

Whirlpool Stock Down 0.8%

NYSE WHR opened at $88.32 on Monday. The stock has a market cap of $4.94 billion, a PE ratio of -33.33 and a beta of 1.17. Whirlpool Corporation has a fifty-two week low of $73.72 and a fifty-two week high of $135.49. The business has a 50 day moving average price of $94.38 and a two-hundred day moving average price of $90.37. The company has a quick ratio of 0.46, a current ratio of 0.85 and a debt-to-equity ratio of 2.39.

Whirlpool (NYSE:WHR - Get Free Report) last released its quarterly earnings results on Monday, July 28th. The company reported $1.34 earnings per share for the quarter, missing analysts' consensus estimates of $1.54 by ($0.20). The company had revenue of $3.77 billion during the quarter, compared to analysts' expectations of $3.88 billion. Whirlpool had a positive return on equity of 20.81% and a negative net margin of 0.95%. The firm's revenue was down 5.4% compared to the same quarter last year. During the same quarter in the prior year, the company earned $2.39 EPS. As a group, sell-side analysts predict that Whirlpool Corporation will post 9.52 EPS for the current fiscal year.

Whirlpool Company Profile

Whirlpool Corporation manufactures and markets home appliances and related products and services in the North America, Europe, the Middle East, Africa, Latin America, and Asia. The company's principal products include refrigerators, freezers, ice makers, and refrigerator water filters; laundry appliances, and commercial laundry products and related laundry accessories; cooking and other small domestic appliances; and dishwasher appliances and related accessories, as well as mixers.

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