Orrstown Financial Services Inc. boosted its position in Whirlpool Corporation (NYSE:WHR) by 0.5% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 4,580 shares of the company’s stock after buying an additional 24 shares during the period. Orrstown Financial Services Inc.’s holdings in Whirlpool Corporation were worth $878,000 at the end of the most recent reporting period.
A number of other institutional investors have also recently made changes to their positions in WHR. LLBH Private Wealth Management LLC increased its position in shares of Whirlpool Corporation by 0.4% in the first quarter. LLBH Private Wealth Management LLC now owns 1,177 shares of the company’s stock worth $202,000 after buying an additional 5 shares in the last quarter. Bollard Group LLC increased its position in shares of Whirlpool Corporation by 0.6% in the first quarter. Bollard Group LLC now owns 2,158 shares of the company’s stock worth $370,000 after buying an additional 12 shares in the last quarter. Amalgamated Bank increased its position in shares of Whirlpool Corporation by 0.6% in the first quarter. Amalgamated Bank now owns 5,267 shares of the company’s stock worth $902,000 after buying an additional 32 shares in the last quarter. Smith Moore & CO. increased its position in shares of Whirlpool Corporation by 1.0% in the first quarter. Smith Moore & CO. now owns 3,332 shares of the company’s stock worth $571,000 after buying an additional 34 shares in the last quarter. Finally, Advisor Partners LLC increased its position in shares of Whirlpool Corporation by 2.2% in the first quarter. Advisor Partners LLC now owns 1,955 shares of the company’s stock worth $335,000 after buying an additional 42 shares in the last quarter. Institutional investors and hedge funds own 93.89% of the company’s stock.
Shares of Whirlpool Corporation (NYSE WHR) traded up 1.68% during midday trading on Monday, reaching $195.52. The company had a trading volume of 1,125,581 shares. The stock has a market capitalization of $14.46 billion, a PE ratio of 16.83 and a beta of 1.81. Whirlpool Corporation has a 52-week low of $145.91 and a 52-week high of $202.99. The company’s 50 day moving average price is $187.92 and its 200 day moving average price is $180.07.
Whirlpool Corporation (NYSE:WHR) last released its quarterly earnings results on Monday, April 24th. The company reported $2.50 EPS for the quarter, missing the consensus estimate of $2.65 by $0.15. The firm had revenue of $4.79 billion for the quarter, compared to analyst estimates of $4.74 billion. Whirlpool Corporation had a return on equity of 18.37% and a net margin of 4.27%. The company’s quarterly revenue was up 3.7% on a year-over-year basis. During the same period last year, the firm earned $2.63 EPS. Equities research analysts expect that Whirlpool Corporation will post $15.10 earnings per share for the current year.
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A number of brokerages have commented on WHR. Royal Bank Of Canada reiterated a “top pick” rating and issued a $216.00 target price (down from $226.00) on shares of Whirlpool Corporation in a report on Tuesday, June 20th. Zacks Investment Research downgraded shares of Whirlpool Corporation from a “hold” rating to a “sell” rating in a report on Wednesday, April 19th. Finally, Credit Suisse Group initiated coverage on shares of Whirlpool Corporation in a report on Thursday, June 22nd. They set a “neutral” rating and a $208.00 price objective on the stock. One research analyst has rated the stock with a sell rating, five have issued a hold rating, two have given a buy rating and one has given a strong buy rating to the company’s stock. Whirlpool Corporation has a consensus rating of “Hold” and a consensus target price of $193.50.
In other Whirlpool Corporation news, insider Marc R. Bitzer sold 19,314 shares of Whirlpool Corporation stock in a transaction that occurred on Wednesday, May 10th. The stock was sold at an average price of $183.84, for a total transaction of $3,550,685.76. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Insiders own 2.69% of the company’s stock.
Whirlpool Corporation Company Profile
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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