Van Hulzen Asset Management LLC bought a new stake in Whirlpool Corporation (NYSE:WHR) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 1,525 shares of the company’s stock, valued at approximately $281,000.
A number of other large investors have also recently modified their holdings of WHR. Dupont Capital Management Corp acquired a new position in shares of Whirlpool Corporation in the second quarter valued at approximately $100,000. Sun Life Financial INC boosted its holdings in shares of Whirlpool Corporation by 7,628.6% in the second quarter. Sun Life Financial INC now owns 541 shares of the company’s stock valued at $104,000 after buying an additional 534 shares during the period. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of Whirlpool Corporation by 26.5% in the second 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 during the period. Westwood Holdings Group Inc. acquired a new position in shares of Whirlpool Corporation in the second quarter valued at approximately $153,000. Finally, WESPAC Advisors SoCal LLC acquired a new position in shares of Whirlpool Corporation in the second quarter valued at approximately $191,000. 92.73% of the stock is owned by hedge funds and other institutional investors.
Several research analysts have recently weighed in on WHR shares. ValuEngine upgraded shares of Whirlpool Corporation from a “hold” rating to a “buy” rating in a report on Monday, October 2nd. Zacks Investment Research cut shares of Whirlpool Corporation from a “hold” rating to a “sell” rating in a report on Wednesday, October 18th. MKM Partners set a $177.00 price target on shares of Whirlpool Corporation and gave the company a “hold” rating in a report on Friday, October 6th. Royal Bank Of Canada reiterated a “buy” rating and issued a $209.00 price target on shares of Whirlpool Corporation in a report on Tuesday, October 10th. Finally, BidaskClub cut shares of Whirlpool Corporation from a “buy” rating to a “hold” rating in a report on Wednesday, August 2nd. One research analyst has rated the stock with a sell rating, six have given a hold rating and two have issued a buy rating to the company. Whirlpool Corporation has a consensus rating of “Hold” and a consensus price target of $184.67.
Whirlpool Corporation (NYSE:WHR) last announced its earnings results on Monday, October 23rd. The company reported $3.83 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $3.90 by ($0.07). Whirlpool Corporation had a return on equity of 18.45% and a net margin of 3.76%. The business had revenue of $5.42 billion for the quarter, compared to analyst estimates of $5.50 billion. During the same quarter in the previous year, the company posted $3.66 EPS. The business’s revenue for the quarter was up 3.2% compared to the same quarter last year. equities research analysts predict that Whirlpool Corporation will post 13.7 EPS for the current year.
The firm also recently announced a quarterly dividend, which will be paid on Friday, December 15th. Investors of record on Friday, November 17th will be issued a dividend of $1.10 per share. This represents a $4.40 annualized dividend and a yield of 2.64%. The ex-dividend date of this dividend is Thursday, November 16th. Whirlpool Corporation’s payout ratio is 41.47%.
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Whirlpool Corporation 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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