23,873 Shares in Whirlpool Corporation $WHR Purchased by Graham Capital Management L.P.

Key Points

• Graham Capital Management L.P. acquired 23,873 shares of Whirlpool Corporation valued at approximately $2.15 million, indicating interest from institutional investors in the stock.
• Whirlpool's latest earnings report revealed a missed earnings per share estimate of $1.34 compared to the consensus estimate of $1.54, alongside a revenue decline of 5.4% year-over-year.
• The company has announced a quarterly dividend of $0.90, but its current payout ratio is concerning at -135.85%, raising questions about its financial sustainability.

Graham Capital Management L.P. purchased a new position in shares of Whirlpool Corporation (NYSE:WHR - Free Report) in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 23,873 shares of the company's stock, valued at approximately $2,152,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of WHR. Cheviot Value Management LLC acquired a new stake in shares of Whirlpool in the first quarter worth $36,000. UMB Bank n.a. increased 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 worth $40,000 after acquiring an additional 129 shares in the last quarter. Manitou Investment Management Ltd. acquired a new stake in shares of Whirlpool in the first quarter worth $50,000. HHM Wealth Advisors LLC increased its position in shares of Whirlpool by 77.2% in the first quarter. HHM Wealth Advisors LLC now owns 560 shares of the company's stock worth $50,000 after acquiring an additional 244 shares in the last quarter. Finally, GAMMA Investing LLC boosted its stake in shares of Whirlpool by 132.0% in the first quarter. GAMMA Investing LLC now owns 638 shares of the company's stock valued at $58,000 after purchasing an additional 363 shares during the period. Institutional investors and hedge funds own 90.78% of the company's stock.

Whirlpool Stock Performance

Shares of Whirlpool stock traded up $2.39 during trading hours on Friday, reaching $94.42. The company's stock had a trading volume of 1,228,212 shares, compared to its average volume of 1,018,279. The company's 50 day simple moving average is $94.45 and its 200 day simple moving average is $89.48. The company has a debt-to-equity ratio of 2.39, a quick ratio of 0.46 and a current ratio of 0.85. Whirlpool Corporation has a one year low of $73.72 and a one year high of $135.49. The stock has a market cap of $5.28 billion, a P/E ratio of -35.63 and a beta of 1.16.

Whirlpool (NYSE:WHR - Get Free Report) last posted its quarterly 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). Whirlpool had a positive return on equity of 20.81% and a negative net margin of 0.95%.The business had revenue of $3.77 billion during the quarter, compared to the consensus estimate of $3.88 billion. During the same quarter in the previous year, the business posted $2.39 earnings per share. The company's quarterly revenue was down 5.4% compared to the same quarter last year. Whirlpool has set its FY 2025 guidance at 6.000-8.000 EPS. As a group, analysts expect that Whirlpool Corporation will post 9.52 EPS for the current fiscal year.

Whirlpool Cuts Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, September 15th. Investors of record on Friday, August 29th will be issued a $0.90 dividend. This represents a $3.60 dividend on an annualized basis and a dividend yield of 3.8%. The ex-dividend date of this dividend is Friday, August 29th. Whirlpool's dividend payout ratio (DPR) is -135.85%.

Wall Street Analysts Forecast Growth

WHR has been the subject of several analyst reports. 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. Royal Bank Of Canada decreased their target price on shares of Whirlpool from $65.00 to $63.00 and set an "underperform" rating for the company in a research note on Wednesday, July 30th. Wall Street Zen downgraded shares of Whirlpool from a "hold" rating to a "sell" rating in a research note on Saturday, July 26th. Loop Capital restated a "hold" rating and issued a $88.00 target price on shares of Whirlpool in a research note on Monday, August 4th. Finally, Bank of America reiterated an "underperform" rating and set a $70.00 price objective (down from $100.00) on shares of Whirlpool in a research note on Tuesday, July 29th. Two equities research 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. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Hold" 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.