IPG Investment Advisors LLC Has $3.90 Million Stake in Whirlpool Corporation $WHR

Key Points

• IPG Investment Advisors increased its Whirlpool stake by 46.1% in the second quarter, owning 98,935 shares worth approximately $3.9 million. Institutional investors and hedge funds collectively hold 90.78% of the company.
• Analyst sentiment remains cautious, with Whirlpool receiving an average “Reduce” rating and a consensus price target of $46.33. Recent actions included price-target cuts from Bank of America and Mizuho, alongside multiple Hold and Sell ratings.
• Whirlpool shares opened at $36.77, near their 12-month low, after the company reported a quarterly loss of $0.21 per share and revenue of $3.52 billion, with revenue down 6.8% year over year.

IPG Investment Advisors LLC raised its stake in Whirlpool Corporation (NYSE:WHR - Free Report) by 46.1% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 98,935 shares of the company's stock after acquiring an additional 31,200 shares during the period. IPG Investment Advisors LLC owned about 0.15% of Whirlpool worth $3,900,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. NewEdge Advisors LLC grew its position in Whirlpool by 56.7% during the 1st quarter. NewEdge Advisors LLC now owns 3,120 shares of the company's stock worth $281,000 after acquiring an additional 1,129 shares during the last quarter. Empowered Funds LLC raised its position in Whirlpool by 206.5% in the 1st quarter. Empowered Funds LLC now owns 8,528 shares of the company's stock valued at $769,000 after purchasing an additional 5,746 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in Whirlpool by 15.0% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 214,918 shares of the company's stock worth $19,371,000 after purchasing an additional 27,995 shares in the last quarter. Invesco Ltd. grew its holdings in shares of Whirlpool by 3.2% during the second quarter. Invesco Ltd. now owns 229,566 shares of the company's stock worth $23,283,000 after purchasing an additional 7,151 shares during the last quarter. Finally, EverSource Wealth Advisors LLC raised its holdings in shares of Whirlpool by 129.2% in the second quarter. EverSource Wealth Advisors LLC now owns 369 shares of the company's stock valued at $37,000 after buying an additional 208 shares during the last quarter. 90.78% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

WHR has been the topic of a number of research reports. Bank of America reduced their target price on shares of Whirlpool from $43.00 to $36.00 and set an "underperform" rating on the stock in a research report on Monday, June 22nd. Weiss Ratings reiterated a "sell (d)" rating on shares of Whirlpool in a research report on Wednesday, August 5th. Raymond James Financial reissued a "market perform" rating on shares of Whirlpool in a research note on Wednesday, August 19th. Wall Street Zen upgraded Whirlpool from a "strong sell" rating to a "sell" rating in a report on Saturday, August 8th. Finally, Mizuho cut their target price on shares of Whirlpool from $45.00 to $40.00 and set a "neutral" rating on the stock in a research report on Tuesday, July 21st. One research analyst has rated the stock with a Buy rating, eight have issued a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat.com, Whirlpool presently has an average rating of "Reduce" and a consensus target price of $46.33.

Whirlpool Trading Down 2.2%

NYSE WHR opened at $36.77 on Thursday. Whirlpool Corporation has a 12 month low of $35.45 and a 12 month high of $95.28. The stock has a 50-day simple moving average of $39.50 and a 200 day simple moving average of $46.74. The company has a current ratio of 1.15, a quick ratio of 0.71 and a debt-to-equity ratio of 1.74. The company has a market capitalization of $2.40 billion, a PE ratio of 12.59, a P/E/G ratio of 16.72 and a beta of 1.18.

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

About Whirlpool

Whirlpool Corporation is a leading global manufacturer and marketer of home appliances, with a product portfolio that spans major categories such as laundry, refrigeration, cooking, dishwashing and small electrics. Headquartered in Benton Harbor, Michigan, the company designs, produces and distributes its appliances through a network of wholly owned manufacturing facilities, joint ventures and third-party partners. Whirlpool serves both retail and professional markets, offering products under its flagship Whirlpool brand as well as several well-known names including Maytag, KitchenAid, JennAir, Amana, Brastemp and Consul.

In its laundry segment, Whirlpool provides top- and front-load washing machines, dryers and combination units designed to balance energy efficiency, capacity and convenience.

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