Chesley Taft & Associates LLC trimmed its holdings in Whirlpool Co. (NYSE:WHR) by 29.1% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,475 shares of the company’s stock after selling 1,425 shares during the period. Chesley Taft & Associates LLC’s holdings in Whirlpool were worth $586,000 as of its most recent filing with the Securities and Exchange Commission.
Other institutional investors have also added to or reduced their stakes in the company. Sun Life Financial INC grew its stake in Whirlpool by 7,628.6% in the 2nd quarter. Sun Life Financial INC now owns 541 shares of the company’s stock valued at $104,000 after buying an additional 534 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its stake in Whirlpool by 26.5% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 644 shares of the company’s stock valued at $123,000 after buying an additional 135 shares in the last quarter. Valeo Financial Advisors LLC purchased a new position in Whirlpool in the 3rd quarter valued at approximately $129,000. Westwood Holdings Group Inc. purchased a new position in Whirlpool in the 2nd quarter valued at approximately $153,000. Finally, WESPAC Advisors SoCal LLC purchased a new position in shares of Whirlpool during the 2nd quarter valued at $191,000. Institutional investors and hedge funds own 92.37% of the company’s stock.
Whirlpool Co. (NYSE:WHR) opened at $166.21 on Thursday. The company has a market cap of $11,940.00, a price-to-earnings ratio of 15.68, a PEG ratio of 1.52 and a beta of 1.87. The company has a current ratio of 0.90, a quick ratio of 0.55 and a debt-to-equity ratio of 0.65. Whirlpool Co. has a 1 year low of $158.80 and a 1 year high of $202.99.
Whirlpool (NYSE:WHR) last released its quarterly earnings results on Monday, October 23rd. The company reported $3.83 EPS for the quarter, missing analysts’ consensus estimates of $3.90 by ($0.07). Whirlpool had a net margin of 3.76% and a return on equity of 18.45%. The firm had revenue of $5.42 billion for the quarter, compared to analysts’ expectations of $5.50 billion. During the same quarter last year, the firm earned $3.66 earnings per share. The firm’s revenue for the quarter was up 3.2% on a year-over-year basis. sell-side analysts anticipate that Whirlpool Co. will post 13.68 earnings per share for the current fiscal year.
The business also recently disclosed a quarterly dividend, which was paid on Friday, December 15th. Stockholders of record on Friday, November 17th were issued a dividend of $1.10 per share. This represents a $4.40 dividend on an annualized basis and a dividend yield of 2.65%. The ex-dividend date was Thursday, November 16th. Whirlpool’s dividend payout ratio is currently 41.51%.
A number of research analysts have recently commented on WHR shares. ValuEngine upgraded shares of Whirlpool from a “hold” rating to a “buy” rating in a research report on Monday, October 2nd. Royal Bank of Canada restated a “buy” rating and set a $209.00 price target on shares of Whirlpool in a research report on Tuesday, October 10th. MKM Partners set a $177.00 price target on shares of Whirlpool and gave the company a “hold” rating in a research report on Friday, October 6th. Zacks Investment Research upgraded shares of Whirlpool from a “sell” rating to a “hold” rating in a research report on Thursday, October 5th. Finally, Bank of America lowered shares of Whirlpool from a “buy” rating to a “neutral” rating and set a $183.00 price target for the company. in a research report on Tuesday, October 24th. One investment analyst has rated the stock with a sell rating, six have given a hold rating and one has given a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average price target of $183.60.
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Whirlpool Corporation is a manufacturer and marketer of home appliances. The Company’s segments include North America; Europe, Middle East and Africa (EMEA); Latin America, and Asia. In North America, the Company markets and distributes home appliances and small domestic appliances under a range of brand names.
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