Whirlpool Co. (NYSE:WHR) Stock Holdings Raised by Greenleaf Trust

Greenleaf Trust lifted its stake in shares of Whirlpool Co. (NYSE:WHR) by 17.0% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 2,450 shares of the company’s stock after purchasing an additional 356 shares during the period. Greenleaf Trust’s holdings in Whirlpool were worth $262,000 as of its most recent filing with the SEC.

A number of other hedge funds have also bought and sold shares of the company. FIFTHDELTA Ltd bought a new position in Whirlpool during the 1st quarter worth approximately $50,986,000. Dimensional Fund Advisors LP lifted its stake in Whirlpool by 46.8% during the second quarter. Dimensional Fund Advisors LP now owns 981,472 shares of the company’s stock worth $100,304,000 after purchasing an additional 312,729 shares during the last quarter. RWWM Inc. acquired a new position in Whirlpool in the second quarter worth $30,174,000. Newport Trust Company LLC increased its stake in Whirlpool by 23.8% during the second quarter. Newport Trust Company LLC now owns 1,402,941 shares of the company’s stock valued at $143,381,000 after purchasing an additional 269,976 shares during the last quarter. Finally, AQR Capital Management LLC raised its holdings in shares of Whirlpool by 240.9% during the second quarter. AQR Capital Management LLC now owns 375,613 shares of the company’s stock worth $38,125,000 after purchasing an additional 265,418 shares during the period. 90.78% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research analysts have recently commented on the stock. Royal Bank of Canada decreased their price target on shares of Whirlpool from $76.00 to $74.00 and set an “underperform” rating for the company in a report on Friday. Bank of America lifted their target price on Whirlpool from $101.00 to $103.00 and gave the company an “underperform” rating in a research note on Friday. Two research analysts have rated the stock with a sell rating, three have given a hold rating and one has given a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $107.00.

Insiders Place Their Bets

In other news, EVP Juan Carlos Puente sold 3,266 shares of Whirlpool stock in a transaction on Tuesday, September 3rd. The stock was sold at an average price of $100.00, for a total transaction of $326,600.00. Following the transaction, the executive vice president now directly owns 19,070 shares in the company, valued at approximately $1,907,000. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 2.05% of the stock is currently owned by insiders.

Whirlpool Stock Performance

WHR opened at $104.05 on Friday. Whirlpool Co. has a twelve month low of $84.18 and a twelve month high of $125.68. The stock has a market cap of $5.71 billion, a PE ratio of 10.76 and a beta of 1.44. The business’s 50 day moving average is $102.00 and its 200-day moving average is $98.76. The company has a current ratio of 0.96, a quick ratio of 0.58 and a debt-to-equity ratio of 1.88.

Whirlpool (NYSE:WHR) last posted its quarterly earnings data on Wednesday, October 23rd. The company reported $3.43 earnings per share for the quarter, topping the consensus estimate of $2.99 by $0.44. The business had revenue of $3.99 billion during the quarter, compared to the consensus estimate of $4.09 billion. Whirlpool had a net margin of 2.89% and a return on equity of 27.67%. The company’s quarterly revenue was down 18.9% compared to the same quarter last year. During the same quarter in the prior year, the company posted $5.45 earnings per share. On average, analysts predict that Whirlpool Co. will post 11.24 earnings per share for the current year.

Whirlpool Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Sunday, December 15th. Investors of record on Friday, November 15th will be paid a dividend of $1.75 per share. The ex-dividend date of this dividend is Friday, November 15th. This represents a $7.00 dividend on an annualized basis and a dividend yield of 6.73%. Whirlpool’s dividend payout ratio is presently 72.39%.

Whirlpool Company Profile

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.