Several institutional investors have recently adjusted their holdings in Whirlpool (WHR). Primecap Management Co. increased its shares by 1.8% to 4,858,250, totaling $496.5 million after buying 84,574 shares. Newport Trust increased its stake by 23.8% to 1,402,941 shares valued at $143.4 million after a purchase of 269,976 shares. Dimensional Fund Advisors raised its holdings by 46.8%, now owning 981,472 shares worth $100.3 million after a 312,729 share purchase. Deprince Race & Zollo increased by 84.4% to 532,466 shares valued at $54.4 million, and the Bank of New York Mellon grew its stake by 1.8%, owning 462,308 shares worth $47.2 million. Overall, 90.78% of shares are owned by institutional investors.
Wall Street Analyst Opinions
Analysts have shared their views on WHR. Bank of America rated it “underperform” with a target price of $88.00. Royal Bank of Canada reduced its target from $79.00 to $76.00 with the same rating. Overall, there are two sell ratings, three holds, and one buy, with a consensus rating of “Hold” and an average target of $103.75 according to MarketBeat.
Check Out Our Latest Analysis on WHR
Whirlpool’s Stock Performance
Whirlpool stock opened at $104.85 on Friday, with a market cap of $5.76 billion, P/E ratio of 14.44, and beta of 1.44. The 1-year low is $84.18, and the high is $132.31. It has a debt-to-equity ratio of 1.88. Recent earnings revealed $2.39 per share, meeting expectations, with revenue at $3.99 billion, slightly above estimates but down 16.8% from last year.
Dividend Announcement
The company announced a quarterly dividend of $1.75, paid on September 15th. This yields 6.68%, and the payout ratio is 96.42%.
Insider Transactions
EVP Juan Carlos Puente sold 3,266 shares at $100.00, totaling $326,600. He retains 19,070 shares valued at $1.9 million. Insiders own 2.05% of the company.
About Whirlpool
Whirlpool Corporation manufactures home appliances globally, including refrigerators, washing machines, and kitchen products.
Featured Stories
- Five stocks we like better than Whirlpool
- 5 discounted opportunities for dividend growth investors
- When Is the Best Time to Invest in Mutual Funds?
- Upcoming IPO Stock Lockup Period, Explained
- Is NVIDIA Stock in a Correction or Consolidation?
- What Are Dividend Achievers? An Introduction
- 3 Oversold Stocks with Big RSI Rebound Potential
Want to see what other hedge funds are holding WHR? Visit HoldingsChannel.com for the latest updates.
Receive News & Ratings for Whirlpool Daily – Enter your email below for a daily summary of the latest news and ratings for Whirlpool and related companies with MarketBeat.com’s FREE daily email newsletter.
`
