339,744 Shares in Whirlpool Corporation $WHR Purchased by Jacobs Levy Equity Management Inc.

Key Points

• Jacobs Levy Equity Management Inc. acquired 339,744 shares of Whirlpool Corporation, valued at approximately $30.6 million, increasing its ownership to 0.61% as of the last reporting period.
• Whirlpool recently updated its FY 2025 earnings guidance to 6.000-8.000 EPS and reported a quarterly earnings miss of $1.34 per share, which was below the consensus estimate of $1.54.
• The company announced a quarterly dividend of $0.90 per share, which reflects a yield of 3.8%, despite reporting a negative payout ratio of -135.85%.

Jacobs Levy Equity Management Inc. acquired a new position in shares of Whirlpool Corporation (NYSE:WHR - Free Report) during the 1st quarter, according to its most recent filing with the SEC. The institutional investor acquired 339,744 shares of the company's stock, valued at approximately $30,621,000. Jacobs Levy Equity Management Inc. owned 0.61% of Whirlpool at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Cheviot Value Management LLC purchased a new position in shares of Whirlpool during the 1st quarter worth about $36,000. UMB Bank n.a. lifted its holdings in shares of Whirlpool by 40.4% during the 1st quarter. UMB Bank n.a. now owns 448 shares of the company's stock worth $40,000 after acquiring an additional 129 shares during the period. Manitou Investment Management Ltd. purchased a new position in shares of Whirlpool during the 1st quarter worth about $50,000. HHM Wealth Advisors LLC lifted its holdings in shares of Whirlpool by 77.2% during the 1st quarter. HHM Wealth Advisors LLC now owns 560 shares of the company's stock worth $50,000 after acquiring an additional 244 shares during the period. Finally, GAMMA Investing LLC lifted its holdings in shares of Whirlpool by 132.0% during the 1st quarter. GAMMA Investing LLC now owns 638 shares of the company's stock worth $58,000 after acquiring an additional 363 shares during the period. 90.78% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on the stock. Royal Bank Of Canada cut their price target on shares of Whirlpool from $65.00 to $63.00 and set an "underperform" rating on the stock in a report on Wednesday, July 30th. Longbow Research upgraded shares of Whirlpool from a "neutral" rating to a "buy" rating and set a $145.00 price target on the stock in a report 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 report on Tuesday, July 29th. Wall Street Zen lowered shares of Whirlpool from a "hold" rating to a "sell" rating in a report on Saturday, July 26th. Finally, Loop Capital reiterated a "hold" rating and set a $88.00 price objective on shares of Whirlpool in a research note on Monday, August 4th. Two equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and two have given a Sell rating to the company's stock. According to data from MarketBeat, Whirlpool has an average rating of "Hold" and a consensus target price of $98.83.

Whirlpool Stock Performance

Shares of NYSE:WHR traded up $1.10 during trading hours on Monday, hitting $95.54. The stock had a trading volume of 976,049 shares, compared to its average volume of 1,026,450. The stock's fifty day simple moving average is $94.32 and its 200 day simple moving average is $89.19. Whirlpool Corporation has a 1-year low of $73.72 and a 1-year high of $135.49. The firm has a market capitalization of $5.34 billion, a price-to-earnings ratio of -36.05 and a beta of 1.16. 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 (NYSE:WHR - Get Free Report) last announced its quarterly 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 firm had revenue of $3.77 billion during the quarter, compared to analyst estimates of $3.88 billion. During the same quarter in the previous year, the business posted $2.39 EPS. Whirlpool's revenue for the quarter was down 5.4% compared to the same quarter last year. Whirlpool has set its FY 2025 guidance at 6.000-8.000 EPS. Sell-side analysts anticipate that Whirlpool Corporation will post 9.52 earnings per share for the current fiscal year.

Whirlpool Cuts Dividend

The business 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. The ex-dividend date of this dividend is Friday, August 29th. This represents a $3.60 annualized dividend and a yield of 3.8%. Whirlpool's dividend payout ratio is presently -135.85%.

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.