48,575 Shares in Whirlpool Corporation (NYSE:WHR) Acquired by Janney Montgomery Scott LLC

Janney Montgomery Scott LLC acquired a new stake in Whirlpool Corporation (NYSE:WHR - Free Report) during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 48,575 shares of the company's stock, valued at approximately $4,378,000. Janney Montgomery Scott LLC owned 0.09% of Whirlpool at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of WHR. Allworth Financial LP grew its holdings in Whirlpool by 17.3% during the 4th quarter. Allworth Financial LP now owns 664 shares of the company's stock worth $76,000 after acquiring an additional 98 shares in the last quarter. State of Michigan Retirement System raised its position in shares of Whirlpool by 0.8% during the 4th quarter. State of Michigan Retirement System now owns 13,100 shares of the company's stock valued at $1,500,000 after acquiring an additional 100 shares in the last quarter. HM Payson & Co. lifted its stake in Whirlpool by 2.9% during the fourth quarter. HM Payson & Co. now owns 3,523 shares of the company's stock worth $403,000 after purchasing an additional 100 shares during the last quarter. Oregon Public Employees Retirement Fund boosted its holdings in Whirlpool by 1.0% in the fourth quarter. Oregon Public Employees Retirement Fund now owns 11,266 shares of the company's stock worth $1,290,000 after purchasing an additional 116 shares during the period. Finally, Nemes Rush Group LLC raised its holdings in shares of Whirlpool by 79.1% during the fourth quarter. Nemes Rush Group LLC now owns 274 shares of the company's stock worth $31,000 after purchasing an additional 121 shares during the period. Hedge funds and other institutional investors own 90.78% of the company's stock.

Whirlpool Stock Performance

WHR stock traded up $1.42 during trading on Tuesday, reaching $95.19. 502,731 shares of the company's stock were exchanged, compared to its average volume of 1,040,064. The firm has a market cap of $5.29 billion, a PE ratio of 679.92 and a beta of 1.18. The company has a quick ratio of 0.40, a current ratio of 0.72 and a debt-to-equity ratio of 1.71. Whirlpool Corporation has a 1-year low of $73.72 and a 1-year high of $135.49. The company's fifty day moving average price is $81.65 and its 200-day moving average price is $97.39.

Whirlpool (NYSE:WHR - Get Free Report) last issued its quarterly earnings results on Wednesday, April 23rd. The company reported $1.70 earnings per share for the quarter, topping analysts' consensus estimates of $1.67 by $0.03. Whirlpool had a net margin of 0.04% and a return on equity of 21.38%. The company had revenue of $3.62 billion during the quarter, compared to analyst estimates of $3.67 billion. During the same period in the prior year, the business posted $1.78 EPS. The business's revenue for the quarter was down 19.4% compared to the same quarter last year. On average, research analysts expect that Whirlpool Corporation will post 9.52 EPS for the current fiscal year.

Whirlpool Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Sunday, June 15th. Stockholders of record on Friday, May 16th were issued a $1.75 dividend. The ex-dividend date of this dividend was Friday, May 16th. This represents a $7.00 annualized dividend and a dividend yield of 7.35%. Whirlpool's dividend payout ratio (DPR) is 5,000.00%.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on the stock. Bank of America raised shares of Whirlpool from an "underperform" rating to a "neutral" rating and raised their target price for the stock from $68.00 to $94.00 in a report on Friday, June 13th. Wall Street Zen upgraded Whirlpool from a "sell" rating to a "hold" rating in a research report on Sunday. Royal Bank Of Canada dropped their target price on Whirlpool from $81.00 to $65.00 and set an "underperform" rating on the stock in a research report on Friday, April 25th. Finally, JPMorgan Chase & Co. lowered their price target on shares of Whirlpool from $109.00 to $89.00 and set a "neutral" rating for the company in a research report on Monday, April 28th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and one has assigned a buy rating to the company. According to MarketBeat, Whirlpool has a consensus rating of "Hold" and a consensus target price of $99.25.

Whirlpool 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.