Whirlpool Co. (NYSE:WHR) Shares Acquired by Quantum Private Wealth LLC

Quantum Private Wealth LLC raised its position in Whirlpool Co. (NYSE:WHR) by 42.6% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 8,585 shares of the company’s stock after purchasing an additional 2,565 shares during the quarter. Quantum Private Wealth LLC’s holdings in Whirlpool were worth $919,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. SouthState Corp acquired a new position in shares of Whirlpool during the second quarter worth $28,000. Ashton Thomas Private Wealth LLC acquired a new position in Whirlpool in the second quarter valued at $32,000. Altshuler Shaham Ltd acquired a new position in Whirlpool in the second quarter valued at $32,000. EverSource Wealth Advisors LLC boosted its stake in Whirlpool by 1,010.5% in the second quarter. EverSource Wealth Advisors LLC now owns 422 shares of the company’s stock valued at $43,000 after acquiring an additional 384 shares in the last quarter. Finally, UMB Bank n.a. boosted its stake in shares of Whirlpool by 80.6% during the second quarter. UMB Bank n.a. now owns 428 shares of the company’s stock worth $44,000 after buying an additional 191 shares during the period. Hedge funds and other institutional investors own 90.78% of the company’s stock.

Wall Street Analysts Forecast Growth

WHR has been the subject of several analyst reports. Bank of America increased their price target on shares of Whirlpool from $101.00 to $103.00 and gave the stock an “underperform” rating in a report on Friday, October 25th. Royal Bank of Canada cut their target price on shares of Whirlpool from $76.00 to $74.00 and set an “underperform” rating on the stock in a research note on Friday, October 25th. Finally, JPMorgan Chase & Co. lifted their price target on shares of Whirlpool from $103.00 to $109.00 and gave the stock a “neutral” rating in a research note on Tuesday, October 29th. Two research analysts have rated the stock with a sell rating, two have issued a hold rating and one has assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $106.50.

Whirlpool Trading Down 0.6 %

NYSE WHR opened at $108.07 on Friday. Whirlpool Co. has a one year low of $84.18 and a one year high of $125.68. The company has a 50-day simple moving average of $102.85 and a 200-day simple moving average of $98.70. The company has a debt-to-equity ratio of 1.94, a quick ratio of 0.55 and a current ratio of 0.94. The firm has a market capitalization of $5.96 billion, a PE ratio of 10.73 and a beta of 1.44.

Whirlpool (NYSE:WHR) last posted its earnings results on Wednesday, October 23rd. The company reported $3.43 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.99 by $0.44. The firm had revenue of $3.99 billion during the quarter, compared to analyst estimates of $4.09 billion. Whirlpool had a net margin of 3.19% and a return on equity of 21.41%. Whirlpool’s revenue was down 18.9% on a year-over-year basis. During the same period in the previous year, the business posted $5.45 EPS. On average, equities analysts forecast that Whirlpool Co. will post 12.27 earnings per share for the current year.

Whirlpool Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Sunday, December 15th. Shareholders of record on Friday, November 15th will be given a $1.75 dividend. This represents a $7.00 annualized dividend and a yield of 6.48%. The ex-dividend date of this dividend is Friday, November 15th. Whirlpool’s dividend payout ratio is 69.03%.

Insider Buying and Selling

In other news, CFO James W. Peters sold 6,000 shares of the stock in a transaction on Monday, October 28th. The shares were sold at an average price of $104.48, for a total value of $626,880.00. Following the completion of the transaction, the chief financial officer now owns 41,570 shares in the company, valued at approximately $4,343,233.60. This represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. In related news, CFO James W. Peters sold 6,000 shares of the stock in a transaction dated Monday, October 28th. The shares were sold at an average price of $104.48, for a total transaction of $626,880.00. Following the completion of the sale, the chief financial officer now owns 41,570 shares in the company, valued at $4,343,233.60. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, EVP Juan Carlos Puente sold 3,266 shares of the stock in a transaction dated Tuesday, September 3rd. The stock was sold at an average price of $100.00, for a total transaction of $326,600.00. Following the sale, the executive vice president now owns 19,070 shares of the company’s stock, valued at $1,907,000. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. 2.05% of the stock is owned by insiders.

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.