Whirlpool (NYSE:WHR) Stock Rating Upgraded by Zacks Research

Key Points

• Zacks Research upgraded Whirlpool from “strong sell” to “hold,” but overall analyst sentiment remains negative, with an average “Reduce” rating and an average price target of $46.88.
• Whirlpool’s latest quarterly results fell short of expectations: it reported an adjusted loss of $0.21 per share versus the expected $0.06 loss, while revenue declined 6.8% year over year to $3.52 billion.
• The stock opened at $43.18, near the lower end of its 52-week range of $35.45 to $96.57; institutional investors own approximately 90.78% of Whirlpool’s shares.

Whirlpool (NYSE:WHR - Get Free Report) was upgraded by stock analysts at Zacks Research from a "strong sell" rating to a "hold" rating in a research report issued on Thursday,Zacks.com reports.

A number of other equities research analysts have also issued reports on the stock. Weiss Ratings restated a "sell (d)" rating on shares of Whirlpool in a research note on Wednesday. JPMorgan Chase & Co. lowered their price objective on Whirlpool from $59.00 to $52.00 and set a "neutral" rating for the company in a report on Monday, May 11th. Bank of America cut their price objective on Whirlpool from $43.00 to $36.00 and set an "underperform" rating on the stock in a research note on Monday, June 22nd. Wall Street Zen raised Whirlpool from a "strong sell" rating to a "sell" rating in a report on Saturday. Finally, Mizuho decreased their target price on Whirlpool from $45.00 to $40.00 and set a "neutral" rating for the company in a research report on Tuesday, July 21st. One research analyst has rated the stock with a Buy rating, seven have given a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of "Reduce" and an average target price of $46.88.

Whirlpool Price Performance

Shares of NYSE WHR opened at $43.18 on Thursday. The company has a quick ratio of 0.48, a current ratio of 1.15 and a debt-to-equity ratio of 1.74. Whirlpool has a fifty-two week low of $35.45 and a fifty-two week high of $96.57. The business has a 50 day moving average price of $39.29 and a two-hundred day moving average price of $54.39. The firm has a market cap of $2.82 billion, a PE ratio of 14.79, a price-to-earnings-growth ratio of 19.11 and a beta of 1.16.

Whirlpool (NYSE:WHR - Get Free Report) last released its quarterly earnings results on Monday, August 3rd. The company reported ($0.21) earnings per share for the quarter, missing analysts' consensus estimates of ($0.06) by ($0.15). The company had revenue of $3.52 billion for the quarter, compared to analyst estimates of $3.55 billion. Whirlpool had a return on equity of 4.18% and a net margin of 1.17%.The firm's quarterly revenue was down 6.8% compared to the same quarter last year. During the same period in the previous year, the business posted $1.34 EPS. Whirlpool has set its FY 2026 guidance at 2.500-3.000 EPS. Sell-side analysts expect that Whirlpool will post 2.25 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Flagship Harbor Advisors LLC acquired a new stake in shares of Whirlpool in the 4th quarter worth about $25,000. Kelleher Financial Advisors bought a new stake in shares of Whirlpool during the second quarter valued at approximately $28,000. Northwestern Mutual Wealth Management Co. boosted its position in shares of Whirlpool by 172.0% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 389 shares of the company's stock worth $28,000 after buying an additional 246 shares during the period. Garton & Associates Financial Advisors LLC acquired a new stake in Whirlpool in the 4th quarter valued at approximately $35,000. Finally, EverSource Wealth Advisors LLC increased its position in Whirlpool by 129.2% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 369 shares of the company's stock valued at $37,000 after acquiring an additional 208 shares during the period. Institutional investors and hedge funds own 90.78% of the company's stock.

About Whirlpool

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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