Nykredit A S Makes New Investment in Whirlpool Corporation $WHR

Key Points

• Nykredit A S acquired 1.32 million Whirlpool shares in the second quarter, valued at approximately $52 million and representing about 2.02% of the company. Institutional investors collectively own 90.78% of Whirlpool.
• Analyst sentiment remains cautious: Whirlpool has a consensus rating of “Reduce”, with one Buy, eight Hold and three Sell ratings, and a consensus price target of $46.33.
• Whirlpool reported a quarterly loss of $0.21 per share, missing estimates of a $0.06 loss, while revenue fell 6.8% year over year to $3.52 billion. The stock opened at $38.92, near its 52-week low of $35.45.

Nykredit A S acquired a new stake in Whirlpool Corporation (NYSE:WHR - Free Report) in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor acquired 1,317,933 shares of the company's stock, valued at approximately $51,953,000. Nykredit A S owned approximately 2.02% of Whirlpool as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently modified their holdings of WHR. Primecap Management Co. CA bought a new stake in shares of Whirlpool in the 2nd quarter valued at about $141,801,000. Charles Schwab Investment Management Inc. lifted its position in Whirlpool by 3.4% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 2,429,230 shares of the company's stock valued at $175,245,000 after purchasing an additional 80,122 shares during the last quarter. RWWM Inc. boosted its stake in shares of Whirlpool by 191.6% during the first quarter. RWWM Inc. now owns 2,422,618 shares of the company's stock valued at $130,628,000 after purchasing an additional 1,591,849 shares during the period. Newport Trust Company LLC grew its holdings in shares of Whirlpool by 10.2% in the fourth quarter. Newport Trust Company LLC now owns 2,391,252 shares of the company's stock worth $172,505,000 after purchasing an additional 221,564 shares during the last quarter. Finally, Canada Pension Plan Investment Board bought a new position in shares of Whirlpool in the second quarter worth approximately $61,003,000. 90.78% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

WHR has been the subject of several recent analyst reports. Zacks Research raised shares of Whirlpool from a "strong sell" rating to a "hold" rating in a research note on Thursday, August 6th. Wall Street Zen raised Whirlpool from a "strong sell" rating to a "sell" rating in a research report on Saturday, August 8th. Mizuho dropped their price target on Whirlpool from $45.00 to $40.00 and set a "neutral" rating on the stock in a research report on Tuesday, July 21st. Royal Bank Of Canada increased their target price on Whirlpool from $30.00 to $32.00 and gave the stock an "underperform" rating in a research note on Wednesday, August 5th. Finally, Stifel Nicolaus reduced their price target on Whirlpool from $45.00 to $37.00 and set a "hold" rating for the company in a report on Thursday, July 23rd. One equities research analyst has rated the stock with a Buy rating, eight have assigned a Hold rating and three have issued a Sell rating to the company. According to MarketBeat, the stock currently has a consensus rating of "Reduce" and a consensus price target of $46.33.

Whirlpool Trading Up 2.6%

NYSE:WHR opened at $38.92 on Thursday. The company's 50 day moving average price is $39.55 and its 200-day moving average price is $48.46. Whirlpool Corporation has a 52 week low of $35.45 and a 52 week high of $96.57. The company has a quick ratio of 0.71, a current ratio of 1.15 and a debt-to-equity ratio of 1.74. The stock has a market cap of $2.54 billion, a price-to-earnings ratio of 13.33, a PEG ratio of 16.86 and a beta of 1.18.

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