Venture Visionary Partners LLC Has $5.98 Million Stock Holdings in Whirlpool Corporation $WHR

Key Points

• Venture Visionary Partners LLC increased its holdings in Whirlpool Corporation by 18.8%, owning approximately 58,931 shares valued at $5.98 million as of the end of the latest quarter.
• Whirlpool's recent earnings report showed a missed earnings per share estimate of $1.34, down from $2.39 in the same quarter last year, alongside a 5.4% decline in revenue year-over-year.
• The company announced a 4.6% dividend yield based on a quarterly payout of $0.90, although its dividend payout ratio is negative at -135.85%.

Venture Visionary Partners LLC increased its position in shares of Whirlpool Corporation (NYSE:WHR - Free Report) by 18.8% during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 58,931 shares of the company's stock after acquiring an additional 9,309 shares during the quarter. Venture Visionary Partners LLC owned about 0.11% of Whirlpool worth $5,977,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Cheviot Value Management LLC acquired a new position in shares of Whirlpool during the first quarter valued at $36,000. Ransom Advisory Ltd acquired a new position in shares of Whirlpool during the first quarter valued at $38,000. UMB Bank n.a. lifted its stake in shares of Whirlpool by 40.4% during the first quarter. UMB Bank n.a. now owns 448 shares of the company's stock valued at $40,000 after acquiring an additional 129 shares during the period. Legend Financial Advisors Inc. acquired a new position in shares of Whirlpool during the second quarter valued at $51,000. Finally, Manitou Investment Management Ltd. acquired a new position in Whirlpool in the first quarter valued at about $50,000. Institutional investors and hedge funds own 90.78% of the company's stock.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on the company. Royal Bank Of Canada dropped their price target on Whirlpool from $65.00 to $63.00 and set an "underperform" rating on the stock in a research report on Wednesday, July 30th. Loop Capital reaffirmed a "hold" rating and set a $88.00 price target on shares of Whirlpool in a research report on Monday, August 4th. Wall Street Zen downgraded Whirlpool from a "hold" rating to a "sell" rating in a report on Saturday, July 26th. Bank of America reiterated an "underperform" rating and set a $70.00 price objective (down from $100.00) on shares of Whirlpool in a report on Tuesday, July 29th. Finally, Longbow Research upgraded Whirlpool from a "neutral" rating to a "buy" rating and set a $145.00 price objective for the company in a report on Monday, June 30th. Two investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, Whirlpool has an average rating of "Hold" and a consensus target price of $98.83.

Whirlpool Stock Up 1.3%

WHR stock opened at $78.50 on Tuesday. The company has a quick ratio of 0.46, a current ratio of 0.85 and a debt-to-equity ratio of 2.39. The business has a 50 day moving average price of $88.74 and a two-hundred day moving average price of $88.08. The company has a market cap of $4.39 billion, a price-to-earnings ratio of -29.62 and a beta of 1.16. Whirlpool Corporation has a twelve month low of $73.72 and a twelve month high of $135.49.

Whirlpool (NYSE:WHR - Get Free Report) last posted its quarterly earnings results on Monday, July 28th. The company reported $1.34 earnings per share for the quarter, missing analysts' consensus estimates of $1.54 by ($0.20). The company had revenue of $3.77 billion during the quarter, compared to the consensus estimate of $3.88 billion. Whirlpool had a negative net margin of 0.95% and a positive return on equity of 20.81%. The firm's revenue for the quarter was down 5.4% compared to the same quarter last year. During the same quarter in the prior year, the business earned $2.39 earnings per share. 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 firm also recently disclosed a quarterly dividend, which was paid on Monday, September 15th. Stockholders of record on Friday, August 29th were given a $0.90 dividend. This represents a $3.60 dividend on an annualized basis and a dividend yield of 4.6%. The ex-dividend date of this dividend was Friday, August 29th. Whirlpool's dividend payout ratio (DPR) is presently -135.85%.

About Whirlpool

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.

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