Whirlpool Co. (NYSE:WHR) Shares Acquired by First Trust Advisors LP

First Trust Advisors LP boosted its position in shares of Whirlpool Co. (NYSE:WHR - Free Report) by 30.2% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 309,565 shares of the company's stock after buying an additional 71,839 shares during the quarter. First Trust Advisors LP owned 0.56% of Whirlpool worth $35,439,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in WHR. Brown Lisle Cummings Inc. bought a new stake in Whirlpool during the 4th quarter valued at about $27,000. SBI Securities Co. Ltd. bought a new stake in shares of Whirlpool during the fourth quarter valued at approximately $30,000. GAMMA Investing LLC boosted its holdings in shares of Whirlpool by 323.1% in the fourth quarter. GAMMA Investing LLC now owns 275 shares of the company's stock valued at $31,000 after purchasing an additional 210 shares during the period. Nemes Rush Group LLC grew its stake in Whirlpool by 79.1% in the fourth quarter. Nemes Rush Group LLC now owns 274 shares of the company's stock worth $31,000 after purchasing an additional 121 shares in the last quarter. Finally, Bogart Wealth LLC increased its holdings in Whirlpool by 113.6% during the 4th quarter. Bogart Wealth LLC now owns 282 shares of the company's stock worth $32,000 after purchasing an additional 150 shares during the period. Hedge funds and other institutional investors own 90.78% of the company's stock.

Whirlpool Stock Down 0.4 %

NYSE WHR traded down $0.34 on Wednesday, hitting $76.24. The stock had a trading volume of 1,473,616 shares, compared to its average volume of 1,052,573. Whirlpool Co. has a 52-week low of $73.72 and a 52-week high of $135.49. The business's fifty day moving average price is $88.09 and its 200 day moving average price is $104.23. The company has a debt-to-equity ratio of 1.62, a current ratio of 0.72 and a quick ratio of 0.44. The stock has a market cap of $4.22 billion, a price-to-earnings ratio of -13.01 and a beta of 1.31.

Whirlpool (NYSE:WHR - Get Free Report) last announced its quarterly earnings data on Wednesday, April 23rd. The company reported $1.70 EPS for the quarter, beating the consensus estimate of $1.67 by $0.03. Whirlpool had a negative net margin of 1.95% and a positive return on equity of 21.89%. The firm had revenue of $3.62 billion during the quarter, compared to analyst estimates of $3.67 billion. During the same period last year, the firm posted $1.78 EPS. Whirlpool's revenue was down 19.4% on a year-over-year basis. Equities research analysts anticipate that Whirlpool Co. will post 9.52 earnings per share for the current year.

Whirlpool Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Sunday, June 15th. Investors of record on Friday, May 16th will be given a $1.75 dividend. This represents a $7.00 annualized dividend and a dividend yield of 9.18%. The ex-dividend date is Friday, May 16th. Whirlpool's payout ratio is 5,000.00%.

Wall Street Analyst Weigh In

WHR has been the subject of several recent research reports. The Goldman Sachs Group lifted their price objective on Whirlpool from $125.00 to $138.00 and gave the company a "buy" rating in a report on Tuesday, January 14th. StockNews.com downgraded shares of Whirlpool from a "hold" rating to a "sell" rating in a research note on Friday, April 25th. Finally, JPMorgan Chase & Co. reduced their price objective on shares of Whirlpool from $109.00 to $89.00 and set a "neutral" rating for the company in a research note on Monday. Three research analysts have rated the stock with a sell rating, one has issued a hold rating and one has assigned a buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of "Hold" and an average price target of $101.00.

Whirlpool Company 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.