Capital Advisors Inc. OK Takes Position in Whirlpool Corporation $WHR

Key Points

• Capital Advisors Inc. OK has acquired a new position in Whirlpool Corporation, purchasing 3,792 shares valued at approximately $385,000.
• Whirlpool's recent earnings report showed an EPS of $1.34, falling short of expectations, with a revenue of $3.77 billion, down 5.4% year-over-year.
• The company has cut its dividend, with a recent payout of $0.90 per share, leading to a negative dividend payout ratio, indicating financial strain.

Capital Advisors Inc. OK acquired a new position in shares of Whirlpool Corporation (NYSE:WHR - Free Report) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 3,792 shares of the company's stock, valued at approximately $385,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of WHR. GAMMA Investing LLC boosted its holdings in Whirlpool by 20,810.2% during the first quarter. GAMMA Investing LLC now owns 57,503 shares of the company's stock valued at $5,183,000 after acquiring an additional 57,228 shares during the period. Rhumbline Advisers lifted its holdings in shares of Whirlpool by 0.9% during the first quarter. Rhumbline Advisers now owns 149,114 shares of the company's stock worth $13,440,000 after buying an additional 1,337 shares during the last quarter. UMB Bank n.a. boosted its position in shares of Whirlpool by 40.4% in the first quarter. UMB Bank n.a. now owns 448 shares of the company's stock valued at $40,000 after acquiring an additional 129 shares during the period. Park Avenue Securities LLC grew its stake in shares of Whirlpool by 4.6% in the first quarter. Park Avenue Securities LLC now owns 7,296 shares of the company's stock worth $658,000 after acquiring an additional 324 shares during the last quarter. Finally, Farther Finance Advisors LLC grew its stake in shares of Whirlpool by 27.1% in the first quarter. Farther Finance Advisors LLC now owns 4,257 shares of the company's stock worth $388,000 after acquiring an additional 908 shares during the last quarter. 90.78% of the stock is currently owned by institutional investors and hedge funds.

Whirlpool Stock Down 0.9%

Shares of WHR opened at $79.35 on Tuesday. The company has a quick ratio of 0.46, a current ratio of 0.85 and a debt-to-equity ratio of 2.39. The company has a 50-day moving average price of $86.81 and a two-hundred day moving average price of $87.57. The stock has a market cap of $4.43 billion, a price-to-earnings ratio of -29.94 and a beta of 1.17. Whirlpool Corporation has a 12 month low of $73.72 and a 12 month high of $135.49.

Whirlpool (NYSE:WHR - Get Free Report) last issued its earnings results on Monday, July 28th. The company reported $1.34 earnings per share (EPS) 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 analyst estimates of $3.88 billion. Whirlpool had a positive return on equity of 20.81% and a negative net margin of 0.95%.The company's quarterly revenue was down 5.4% on a year-over-year basis. During the same period in the previous year, the company posted $2.39 earnings per share. Whirlpool has set its FY 2025 guidance at 6.000-8.000 EPS. Equities analysts predict that Whirlpool Corporation will post 9.52 EPS for the current fiscal year.

Whirlpool Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, September 15th. Shareholders of record on Friday, August 29th were issued a dividend of $0.90 per share. The ex-dividend date of this dividend was Friday, August 29th. This represents a $3.60 dividend on an annualized basis and a dividend yield of 4.5%. Whirlpool's dividend payout ratio (DPR) is presently -135.85%.

Wall Street Analyst Weigh In

Several equities analysts recently commented on WHR shares. Longbow Research upgraded shares of Whirlpool from a "neutral" rating to a "buy" rating and set a $145.00 target price for the company in a research note on Monday, June 30th. Zacks Research upgraded shares of Whirlpool from a "strong sell" rating to a "hold" rating in a research note on Tuesday, September 30th. 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. Wall Street Zen cut Whirlpool from a "hold" rating to a "sell" rating in a report on Saturday, July 26th. Finally, Bank of America reissued an "underperform" rating and set a $70.00 price objective (down previously from $100.00) on shares of Whirlpool in a report on Tuesday, July 29th. Two investment analysts have rated the stock with a Buy rating, three have assigned a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat.com, Whirlpool has a consensus rating of "Reduce" and an average price target of $98.83.

About Whirlpool

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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