Truvestments Capital LLC Has $3.49 Million Stock Holdings in Whirlpool Corporation $WHR

Key Points

• Truvestments Capital LLC significantly increased its holdings in Whirlpool Corporation by 55.5% during the first quarter, acquiring an additional 13,834 shares to own a total of 38,742 shares valued at approximately $3.49 million.
• Multiple research firms have provided varying ratings on Whirlpool's stock, with Longbow Research upgrading it to a "buy" with a target price of $145.00 while Bank of America downgraded it and set a lower target price of $70.00.
miss in EPS estimates at $1.34 compared to an expected $1.54, along with a 5.4% decline in quarterly revenue compared to the same period last year.

Truvestments Capital LLC grew its holdings in Whirlpool Corporation (NYSE:WHR - Free Report) by 55.5% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 38,742 shares of the company's stock after purchasing an additional 13,834 shares during the period. Truvestments Capital LLC owned about 0.07% of Whirlpool worth $3,492,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. Cheviot Value Management LLC acquired a new position in shares of Whirlpool in the 1st quarter valued at about $36,000. TD Waterhouse Canada Inc. increased its holdings in shares of Whirlpool by 120.7% in the 4th quarter. TD Waterhouse Canada Inc. now owns 320 shares of the company's stock valued at $37,000 after purchasing an additional 175 shares during the period. UMB Bank n.a. increased its holdings in shares of Whirlpool by 40.4% in the 1st quarter. UMB Bank n.a. now owns 448 shares of the company's stock valued at $40,000 after purchasing an additional 129 shares during the period. Manitou Investment Management Ltd. acquired a new position in shares of Whirlpool in the 1st quarter valued at about $50,000. Finally, HHM Wealth Advisors LLC increased its holdings in shares of Whirlpool by 77.2% in the 1st quarter. HHM Wealth Advisors LLC now owns 560 shares of the company's stock valued at $50,000 after purchasing an additional 244 shares during the period. Institutional investors and hedge funds own 90.78% of the company's stock.

Whirlpool Stock Down 1.2%

Shares of NYSE WHR traded down $1.10 during trading hours on Monday, hitting $93.36. The stock had a trading volume of 1,165,585 shares, compared to its average volume of 1,122,783. The company has a market capitalization of $5.22 billion, a P/E ratio of -35.23 and a beta of 1.16. The firm's 50-day moving average price is $94.75 and its two-hundred day moving average price is $89.71. Whirlpool Corporation has a 52 week low of $73.72 and a 52 week high of $135.49. 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 company had revenue of $3.77 billion for the quarter, compared to analyst estimates of $3.88 billion. During the same quarter last year, the business earned $2.39 EPS. The company's revenue for the quarter was down 5.4% on a year-over-year basis. Whirlpool has set its FY 2025 guidance at 6.000-8.000 EPS. Analysts anticipate that Whirlpool Corporation will post 9.52 EPS for the current fiscal year.

Whirlpool Cuts Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, September 15th. Shareholders of record on Friday, August 29th will be issued a dividend of $0.90 per share. This represents a $3.60 annualized dividend and a yield of 3.9%. The ex-dividend date is Friday, August 29th. Whirlpool's dividend payout ratio (DPR) is -135.85%.

Analyst Ratings Changes

WHR has been the topic of a number of research reports. Longbow Research upgraded Whirlpool from a "neutral" rating to a "buy" rating and set a $145.00 target price on the stock in a report on Monday, June 30th. Wall Street Zen cut Whirlpool from a "hold" rating to a "sell" rating in a research note on Saturday, July 26th. Bank of America reissued an "underperform" rating and issued a $70.00 price target (down previously from $100.00) on shares of Whirlpool in a research note on Tuesday, July 29th. Loop Capital reissued a "hold" rating and issued a $88.00 price target on shares of Whirlpool in a research note on Monday, August 4th. Finally, Royal Bank Of Canada lowered their price target on Whirlpool from $65.00 to $63.00 and set an "underperform" rating for the company in a research note on Wednesday, July 30th. Two research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, Whirlpool presently has a consensus rating of "Hold" and a consensus target price of $98.83.

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.