CW Advisors LLC Purchases 19,173 Shares of Whirlpool Corporation $WHR

Key Points

• CW Advisors LLC significantly increased its stake in Whirlpool Corporation by 231.1% during Q1, holding shares worth approximately $2.49 million.
• Whirlpool's recent earnings report revealed a missed earnings estimate with $1.34 EPS compared to the consensus of $1.54, alongside a 5.4% decline in revenue year-over-year.
• Analysts have set mixed ratings on Whirlpool, with two giving a Buy rating and others issuing Hold and Sell ratings, as price targets range from $63 to $109.

CW Advisors LLC grew its position in shares of Whirlpool Corporation (NYSE:WHR - Free Report) by 231.1% during the first quarter, according to its most recent filing with the SEC. The firm owned 27,468 shares of the company's stock after acquiring an additional 19,173 shares during the period. CW Advisors LLC's holdings in Whirlpool were worth $2,492,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the company. Charles Schwab Investment Management Inc. grew 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. Dimensional Fund Advisors LP grew its holdings in shares of Whirlpool by 25.5% during the 1st quarter. Dimensional Fund Advisors LP now owns 1,723,612 shares of the company's stock worth $155,343,000 after acquiring an additional 350,397 shares during the period. Nuveen Asset Management LLC grew 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. HighTower Advisors LLC grew its holdings in shares of Whirlpool by 1.3% during the 1st quarter. HighTower Advisors LLC now owns 1,047,645 shares of the company's stock worth $94,424,000 after acquiring an additional 13,038 shares during the period. Finally, Nuveen LLC purchased a new position in shares of Whirlpool during the 1st quarter worth approximately $82,461,000. Hedge funds and other institutional investors own 90.78% of the company's stock.

Whirlpool Stock Down 0.2%

WHR traded down $0.17 during trading on Wednesday, hitting $94.77. 807,959 shares of the company's stock traded hands, compared to its average volume of 1,425,538. The company's 50 day simple moving average is $94.70 and its two-hundred day simple moving average is $89.94. The company has a current ratio of 0.85, a quick ratio of 0.46 and a debt-to-equity ratio of 2.39. Whirlpool Corporation has a 12-month low of $73.72 and a 12-month high of $135.49. The stock has a market capitalization of $5.30 billion, a price-to-earnings ratio of -35.76 and a beta of 1.17.

Whirlpool (NYSE:WHR - Get Free Report) last issued its earnings results on Monday, July 28th. The company reported $1.34 EPS for the quarter, missing the consensus estimate of $1.54 by ($0.20). Whirlpool had a negative net margin of 0.95% and a positive return on equity of 20.81%. The business had revenue of $3.77 billion for the quarter, compared to analysts' expectations of $3.88 billion. During the same quarter in the prior year, the business posted $2.39 earnings per share. The business's revenue for the quarter was down 5.4% on a year-over-year basis. Whirlpool has set its FY 2025 guidance at 6.000-8.000 EPS. Analysts predict that Whirlpool Corporation will post 9.52 earnings per share for the current fiscal year.

Whirlpool Cuts Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, September 15th. Shareholders of record on Friday, August 29th will be paid a dividend of $0.90 per share. This represents a $3.60 annualized dividend and a yield of 3.8%. Whirlpool's dividend payout ratio is -264.15%.

Analyst Ratings Changes

A number of research analysts have weighed in on WHR shares. Loop Capital reiterated a "hold" rating and set a $88.00 target price on shares of Whirlpool in a report on Monday, August 4th. Wall Street Zen downgraded Whirlpool from a "hold" rating to a "sell" rating in a research note on Saturday, July 26th. Longbow Research upgraded Whirlpool from a "neutral" rating to a "buy" rating and set a $145.00 price target on the stock in a research note on Monday, June 30th. Bank of America restated an "underperform" rating and issued a $70.00 price target (down previously from $100.00) on shares of Whirlpool in a research note on Tuesday, July 29th. Finally, Royal Bank Of Canada cut their price target on Whirlpool from $65.00 to $63.00 and set an "underperform" rating on the stock in a research note on Wednesday, July 30th. Two analysts have rated the stock with a Buy rating, two have assigned a Hold rating and two have assigned a Sell rating to the company's stock. According to MarketBeat, the company presently has a consensus rating of "Hold" and a consensus price target of $98.83.

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.