PDT Partners LLC Purchases Shares of 188,582 Whirlpool Corporation $WHR

PDT Partners LLC acquired a new stake in Whirlpool Corporation (NYSE:WHR - Free Report) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 188,582 shares of the company's stock, valued at approximately $7,434,000. PDT Partners LLC owned approximately 0.29% of Whirlpool as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Charles Schwab Investment Management Inc. grew its holdings in Whirlpool by 3.4% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 2,429,230 shares of the company's stock valued at $175,245,000 after buying an additional 80,122 shares in the last quarter. RWWM Inc. lifted its holdings in shares of Whirlpool by 191.6% in the first quarter. RWWM Inc. now owns 2,422,618 shares of the company's stock worth $130,628,000 after buying an additional 1,591,849 shares in the last quarter. Newport Trust Company LLC boosted its position in shares of Whirlpool by 10.2% during the fourth quarter. Newport Trust Company LLC now owns 2,391,252 shares of the company's stock worth $172,505,000 after acquiring an additional 221,564 shares during the last quarter. Canada Pension Plan Investment Board bought a new position in shares of Whirlpool during the second quarter worth $61,003,000. Finally, Geode Capital Management LLC grew its stake in Whirlpool by 2.3% during the fourth quarter. Geode Capital Management LLC now owns 1,279,044 shares of the company's stock valued at $92,472,000 after acquiring an additional 29,162 shares in the last quarter. Institutional investors own 90.78% of the company's stock.

Whirlpool Stock Performance

Whirlpool stock opened at $40.81 on Wednesday. The firm has a market capitalization of $2.66 billion, a P/E ratio of 13.98, a price-to-earnings-growth ratio of 17.84 and a beta of 1.16. Whirlpool Corporation has a 1-year low of $35.45 and a 1-year high of $96.57. The company has a debt-to-equity ratio of 1.74, a current ratio of 1.15 and a quick ratio of 0.71. The company's 50-day moving average is $39.32 and its 200 day moving average is $50.53.

Whirlpool (NYSE:WHR - Get Free Report) last posted its quarterly earnings results on Monday, August 3rd. The company reported ($0.21) EPS for the quarter, missing analysts' consensus estimates of ($0.06) by ($0.15). Whirlpool had a return on equity of 4.18% and a net margin of 1.17%.The company had revenue of $3.52 billion during the quarter, compared to the consensus estimate of $3.55 billion. During the same quarter in the previous year, the company posted $1.34 earnings per share. The company's revenue for the quarter was down 6.8% on a year-over-year basis. 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.

Wall Street Analysts Forecast Growth

WHR has been the topic of several research analyst reports. Bank of America decreased their price target on shares of Whirlpool from $43.00 to $36.00 and set an "underperform" rating on the stock in a research note on Monday, June 22nd. Stifel Nicolaus reduced their target price on Whirlpool from $45.00 to $37.00 and set a "hold" rating on the stock in a report on Thursday, July 23rd. Royal Bank Of Canada increased their price target on Whirlpool from $30.00 to $32.00 and gave the company an "underperform" rating in a research note on Wednesday, August 5th. Raymond James Financial reaffirmed a "market perform" rating on shares of Whirlpool in a research note on Wednesday, August 19th. Finally, JPMorgan Chase & Co. decreased their price objective on Whirlpool from $59.00 to $52.00 and set a "neutral" rating on the stock in a report on Monday, May 11th. One analyst has rated the stock with a Buy rating, eight have given a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Reduce" and a consensus target price of $46.33.

Whirlpool Company Profile

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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