Whirlpool Co. (NYSE:WHR) has received a consensus rating of “Hold” from the twelve analysts that are presently covering the company, MarketBeat.com reports. Two equities research analysts have rated the stock with a sell recommendation, six have given a hold recommendation and four have issued a buy recommendation on the company. The average 1-year price objective among analysts that have covered the stock in the last year is $176.14.
A number of research analysts have recently issued reports on the stock. MKM Partners raised their price target on shares of Whirlpool to $179.00 and gave the stock a “neutral” rating in a research report on Friday, April 27th. Credit Suisse Group set a $165.00 price target on shares of Whirlpool and gave the stock a “hold” rating in a research report on Tuesday, April 24th. Goldman Sachs Group reduced their price target on shares of Whirlpool to $130.00 and set a “sell” rating on the stock in a research report on Wednesday, April 25th. ValuEngine downgraded shares of Whirlpool from a “hold” rating to a “sell” rating in a research report on Wednesday, May 2nd. Finally, Zacks Investment Research upgraded shares of Whirlpool from a “sell” rating to a “hold” rating in a research report on Thursday, April 26th.
Whirlpool traded up $0.67, hitting $144.65, during mid-day trading on Tuesday, MarketBeat.com reports. 695,348 shares of the company were exchanged, compared to its average volume of 1,468,132. The firm has a market cap of $10.19 billion, a P/E ratio of 10.53, a P/E/G ratio of 0.99 and a beta of 1.80. The company has a debt-to-equity ratio of 0.80, a current ratio of 0.90 and a quick ratio of 0.53. Whirlpool has a twelve month low of $143.11 and a twelve month high of $200.61.
Whirlpool (NYSE:WHR) last announced its quarterly earnings data on Monday, April 23rd. The company reported $2.81 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $2.96 by ($0.15). The company had revenue of $4.91 billion for the quarter, compared to analyst estimates of $4.95 billion. Whirlpool had a return on equity of 19.07% and a net margin of 1.36%. Whirlpool’s revenue was up 2.6% on a year-over-year basis. During the same period in the prior year, the business earned $2.50 earnings per share. sell-side analysts expect that Whirlpool will post 15.25 EPS for the current year.
The company also recently disclosed a quarterly dividend, which was paid on Friday, June 15th. Investors of record on Friday, May 18th were given a $1.15 dividend. The ex-dividend date was Thursday, May 17th. This is an increase from Whirlpool’s previous quarterly dividend of $1.10. This represents a $4.60 annualized dividend and a yield of 3.18%. Whirlpool’s dividend payout ratio (DPR) is currently 33.48%.
In related news, EVP Joseph T. Liotine sold 1,950 shares of Whirlpool stock in a transaction dated Monday, April 30th. The shares were sold at an average price of $155.85, for a total value of $303,907.50. Following the sale, the executive vice president now directly owns 15,954 shares in the company, valued at approximately $2,486,430.90. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Company insiders own 2.83% of the company’s stock.
Large investors have recently modified their holdings of the stock. Stone Ridge Asset Management LLC bought a new stake in Whirlpool in the 4th quarter valued at about $367,000. Bank of New York Mellon Corp increased its stake in Whirlpool by 19.5% during the 4th quarter. Bank of New York Mellon Corp now owns 703,362 shares of the company’s stock valued at $118,614,000 after buying an additional 114,782 shares during the period. Ontario Teachers Pension Plan Board increased its stake in Whirlpool by 1.1% during the 4th quarter. Ontario Teachers Pension Plan Board now owns 105,512 shares of the company’s stock valued at $17,794,000 after buying an additional 1,169 shares during the period. Arizona State Retirement System increased its stake in Whirlpool by 4.1% during the 4th quarter. Arizona State Retirement System now owns 28,987 shares of the company’s stock valued at $4,888,000 after buying an additional 1,140 shares during the period. Finally, Sheaff Brock Investment Advisors LLC increased its stake in Whirlpool by 1.0% during the 4th quarter. Sheaff Brock Investment Advisors LLC now owns 31,992 shares of the company’s stock valued at $5,395,000 after buying an additional 313 shares during the period. Hedge funds and other institutional investors own 88.66% of the company’s stock.
Whirlpool Corporation manufactures and markets home appliances and related products. It operates through four segments: North America; Europe, Middle East and Africa; Latin America; and Asia. The company's principal products include laundry appliances, refrigerators and freezers, cooking appliances, dishwashers, mixers, and other small domestic appliances.
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