Whirlpool Corporation (NYSE:WHR) Shares Bought by New York State Common Retirement Fund

New York State Common Retirement Fund raised its holdings in Whirlpool Corporation (NYSE:WHR - Free Report) by 116.8% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 51,278 shares of the company's stock after purchasing an additional 27,623 shares during the quarter. New York State Common Retirement Fund owned about 0.09% of Whirlpool worth $4,622,000 as of its most recent filing with the SEC.

Other institutional investors also recently bought and sold shares of the company. Nemes Rush Group LLC grew its stake in Whirlpool by 79.1% during the fourth quarter. Nemes Rush Group LLC now owns 274 shares of the company's stock worth $31,000 after buying an additional 121 shares during the period. Bessemer Group Inc. boosted its stake in shares of Whirlpool by 0.4% in the fourth quarter. Bessemer Group Inc. now owns 32,674 shares of the company's stock valued at $3,740,000 after purchasing an additional 121 shares during the period. UMB Bank n.a. boosted its stake in shares of Whirlpool by 40.4% in the first 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. Treasurer of the State of North Carolina boosted its stake in shares of Whirlpool by 0.6% in the fourth quarter. Treasurer of the State of North Carolina now owns 23,260 shares of the company's stock valued at $2,663,000 after purchasing an additional 140 shares during the period. Finally, Linden Thomas Advisory Services LLC boosted its stake in shares of Whirlpool by 3.7% in the first quarter. Linden Thomas Advisory Services LLC now owns 4,184 shares of the company's stock valued at $377,000 after purchasing an additional 149 shares during the period. 90.78% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research firms have commented on WHR. Wall Street Zen upgraded shares of Whirlpool from a "sell" rating to a "hold" rating in a research note on Sunday, June 22nd. Royal Bank Of Canada dropped their target price on shares of Whirlpool from $81.00 to $65.00 and set an "underperform" rating on the stock in a report on Friday, April 25th. JPMorgan Chase & Co. dropped their target price on shares of Whirlpool from $109.00 to $89.00 and set a "neutral" rating on the stock in a report on Monday, April 28th. Longbow Research raised shares of 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. Finally, Bank of America raised shares of Whirlpool from an "underperform" rating to a "neutral" rating and increased their target price for the stock from $68.00 to $94.00 in a report on Friday, June 13th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and two have assigned a buy rating to the stock. According to data from MarketBeat, Whirlpool currently has a consensus rating of "Hold" and an average price target of $108.40.

Whirlpool Stock Performance

Whirlpool stock opened at $92.37 on Tuesday. The company has a debt-to-equity ratio of 1.71, a current ratio of 0.72 and a quick ratio of 0.40. The company has a market cap of $5.14 billion, a P/E ratio of 7.71 and a beta of 1.25. The firm's 50 day simple moving average is $91.19 and its 200-day simple moving average is $95.36. Whirlpool Corporation has a fifty-two week low of $73.72 and a fifty-two week high of $135.49.

Whirlpool (NYSE:WHR - Get Free Report) last posted its quarterly earnings results on Wednesday, April 23rd. The company reported $1.70 EPS for the quarter, topping the consensus estimate of $1.67 by $0.03. The business had revenue of $3.62 billion during the quarter, compared to analysts' expectations of $3.67 billion. Whirlpool had a net margin of 0.04% and a return on equity of 21.38%. The firm's quarterly revenue was down 19.4% compared to the same quarter last year. During the same period last year, the company posted $1.78 earnings per share. As a group, equities research analysts predict that Whirlpool Corporation will post 9.52 EPS for the current year.

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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