Whirlpool Co. (NYSE:WHR) Shares Acquired by Fmr LLC

FMR LLC grew its stake in Whirlpool Co. (NYSE:WHR - Free Report) by 57.3% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 1,808,744 shares of the company's stock after purchasing an additional 659,014 shares during the quarter. FMR LLC owned approximately 3.28% of Whirlpool worth $207,065,000 as of its most recent filing with the SEC.

Other large investors have also modified their holdings of the company. Brown Lisle Cummings Inc. acquired a new stake in Whirlpool during the fourth quarter valued at approximately $27,000. SBI Securities Co. Ltd. bought a new stake in shares of Whirlpool in the 4th quarter valued at approximately $30,000. GAMMA Investing LLC raised its position in shares of Whirlpool by 323.1% during the 4th quarter. GAMMA Investing LLC now owns 275 shares of the company's stock valued at $31,000 after acquiring an additional 210 shares in the last quarter. Nemes Rush Group LLC lifted its stake in Whirlpool by 79.1% during the fourth quarter. Nemes Rush Group LLC now owns 274 shares of the company's stock worth $31,000 after purchasing an additional 121 shares during the last quarter. Finally, Bogart Wealth LLC lifted its stake in Whirlpool by 113.6% during the fourth quarter. Bogart Wealth LLC now owns 282 shares of the company's stock worth $32,000 after purchasing an additional 150 shares during the last quarter. Institutional investors own 90.78% of the company's stock.

Whirlpool Stock Performance

NYSE WHR traded down $0.90 during trading hours on Tuesday, hitting $79.33. The company had a trading volume of 1,050,886 shares, compared to its average volume of 1,066,063. The company has a quick ratio of 0.44, a current ratio of 0.72 and a debt-to-equity ratio of 1.62. The firm has a market cap of $4.39 billion, a P/E ratio of -13.54 and a beta of 1.31. Whirlpool Co. has a fifty-two week low of $75.04 and a fifty-two week high of $135.49. The business has a fifty day simple moving average of $93.67 and a 200-day simple moving average of $106.30.

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Whirlpool (NYSE:WHR - Get Free Report) last released its quarterly earnings data on Wednesday, January 29th. The company reported $4.57 earnings per share for the quarter, topping analysts' consensus estimates of $4.26 by $0.31. Whirlpool had a negative net margin of 1.95% and a positive return on equity of 21.89%. During the same period in the previous year, the firm posted $3.85 EPS. Equities analysts predict that Whirlpool Co. will post 9.52 EPS for the current year.

Whirlpool Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Sunday, June 15th. Stockholders of record on Friday, May 16th will be given a dividend of $1.75 per share. The ex-dividend date of this dividend is Friday, May 16th. This represents a $7.00 annualized dividend and a dividend yield of 8.82%. Whirlpool's dividend payout ratio is presently -119.45%.

Analysts Set New Price Targets

Several research firms have weighed in on WHR. StockNews.com raised shares of Whirlpool from a "sell" rating to a "hold" rating in a report on Tuesday, January 21st. The Goldman Sachs Group increased their price objective on shares of Whirlpool from $125.00 to $138.00 and gave the stock a "buy" rating in a research note on Tuesday, January 14th. Two 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, the stock presently has an average rating of "Hold" and a consensus price target of $106.00.

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.