Legal & General Group Plc acquired a new position in Whirlpool Corporation (NYSE:WHR - Free Report) in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 101,552 shares of the company's stock, valued at approximately $4,003,000. Legal & General Group Plc owned 0.16% of Whirlpool at the end of the most recent reporting period.
Several other hedge funds and other institutional investors also recently added to or reduced their stakes in WHR. The Manufacturers Life Insurance Company purchased a new stake in shares of Whirlpool in the 2nd quarter worth approximately $1,722,000. TCM Advisors LLC purchased a new position in Whirlpool during the second quarter valued at approximately $564,000. Cibc World Market Inc. bought a new position in Whirlpool in the second quarter worth approximately $379,000. Sanctuary Advisors LLC bought a new position in Whirlpool in the second quarter worth approximately $225,000. Finally, Connor Clark & Lunn Investment Management Ltd. purchased a new stake in Whirlpool during the second quarter worth $24,601,000. 90.78% of the stock is currently owned by institutional investors.
Analyst Ratings Changes
A number of equities research analysts recently weighed in on the company. Weiss Ratings reaffirmed a "sell (d)" rating on shares of Whirlpool in a research report on Wednesday, August 5th. BNP Paribas Exane assumed coverage on Whirlpool in a research report on Monday, July 13th. They issued a "neutral" rating and a $43.00 price objective for the company. Wells Fargo & Company initiated coverage on Whirlpool in a research note on Monday, August 24th. They set an "equal weight" rating and a $42.00 target price on the stock. Bank of America decreased their price objective on shares of Whirlpool from $43.00 to $36.00 and set an "underperform" rating for the company in a research report on Monday, June 22nd. Finally, Mizuho dropped their price objective on shares of Whirlpool from $45.00 to $40.00 and set a "neutral" rating on the stock in a report on Tuesday, July 21st. One research analyst has rated the stock with a Buy rating, eight have assigned a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of "Reduce" and a consensus price target of $46.33.
Read Our Latest Stock Report on WHR
Whirlpool Stock Up 2.3%
WHR stock opened at $39.37 on Friday. Whirlpool Corporation has a one year low of $35.45 and a one year high of $96.57. The firm has a market cap of $2.57 billion, a PE ratio of 13.48, a PEG ratio of 17.11 and a beta of 1.18. The firm's 50 day moving average price is $39.57 and its 200-day moving average price is $48.05. The company has a debt-to-equity ratio of 1.74, a quick ratio of 0.71 and a current ratio of 1.15.
Whirlpool (NYSE:WHR - Get Free Report) last issued its quarterly earnings data 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). Whirlpool had a return on equity of 4.18% and a net margin of 1.17%.The business had revenue of $3.52 billion during the quarter, compared to analysts' expectations of $3.55 billion. During the same quarter in the previous year, the company posted $1.34 earnings per share. The company's revenue was down 6.8% on a year-over-year basis. Whirlpool has set its FY 2026 guidance at 2.500-3.000 EPS. On average, equities research analysts anticipate that Whirlpool Corporation will post 2.25 EPS for the current year.
Whirlpool Company Profile
(
Free Report)
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.
See Also
Want to see what other hedge funds are holding WHR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Whirlpool Corporation (NYSE:WHR - Free Report).
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.
Continue following MarketBeat
Add MarketBeat as your preferred source on Google to see our latest stories in your feed.
Before you consider Whirlpool, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Whirlpool wasn't on the list.
While Whirlpool currently has a Reduce rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Nuclear energy is entering a new growth cycle as rising power demand, expanding data centers, and renewed policy support bring the sector back into focus. After strong gains in recent years, the most impactful phase of nuclear investment may still be ahead. This report highlights seven nuclear energy stocks positioned across the value chain—combining near-term revenue with long-term upside as next-generation technologies scale. Click the link below to unlock the full list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
