Geode Capital Management LLC Boosts Stock Holdings in Whirlpool Co. (NYSE:WHR)

Geode Capital Management LLC lifted its stake in shares of Whirlpool Co. (NYSE:WHR - Free Report) by 3.8% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 937,637 shares of the company's stock after buying an additional 34,471 shares during the period. Geode Capital Management LLC owned approximately 1.70% of Whirlpool worth $107,374,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the stock. Private Advisor Group LLC grew its stake in Whirlpool by 99.0% during the 4th quarter. Private Advisor Group LLC now owns 10,709 shares of the company's stock valued at $1,226,000 after purchasing an additional 5,328 shares during the last quarter. Bank of New York Mellon Corp raised its position in Whirlpool by 54.0% during the 4th quarter. Bank of New York Mellon Corp now owns 636,937 shares of the company's stock worth $72,917,000 after buying an additional 223,232 shares during the last quarter. Delta Financial Group Inc. acquired a new stake in Whirlpool during the 4th quarter valued at approximately $343,000. First Dallas Securities Inc. lifted its stake in Whirlpool by 99.4% during the 4th quarter. First Dallas Securities Inc. now owns 8,125 shares of the company's stock valued at $930,000 after acquiring an additional 4,050 shares during the period. Finally, Steward Partners Investment Advisory LLC boosted its holdings in shares of Whirlpool by 1,188.2% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 4,805 shares of the company's stock valued at $550,000 after acquiring an additional 4,432 shares during the last quarter. 90.78% of the stock is owned by hedge funds and other institutional investors.

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Analysts Set New Price Targets

WHR has been the subject of a number of research reports. StockNews.com upgraded shares of Whirlpool from a "sell" rating to a "hold" rating in a research report on Tuesday, January 21st. The Goldman Sachs Group boosted their price objective on Whirlpool from $125.00 to $138.00 and gave the company a "buy" rating in a report on Tuesday, January 14th. Two analysts have rated the stock with a sell rating, two have given a hold rating and one has issued a buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of "Hold" and a consensus price target of $106.00.

Whirlpool Price Performance

Shares of WHR stock traded down $0.09 during mid-day trading on Tuesday, hitting $80.13. 187,720 shares of the stock were exchanged, compared to its average volume of 1,062,449. The company has a quick ratio of 0.44, a current ratio of 0.72 and a debt-to-equity ratio of 1.62. Whirlpool Co. has a 52-week low of $75.04 and a 52-week high of $135.49. The firm has a fifty day moving average of $94.15 and a 200 day moving average of $106.49. The company has a market cap of $4.44 billion, a PE ratio of -13.66 and a beta of 1.31.

Whirlpool (NYSE:WHR - Get Free Report) last issued its quarterly earnings data on Wednesday, January 29th. The company reported $4.57 EPS for the quarter, beating the consensus estimate of $4.26 by $0.31. Whirlpool had a positive return on equity of 21.89% and a negative net margin of 1.95%. During the same period last year, the company earned $3.85 EPS. Research analysts anticipate that Whirlpool Co. will post 9.52 earnings per share for the current year.

Whirlpool Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Sunday, June 15th. Shareholders of record on Friday, May 16th will be issued a dividend of $1.75 per share. This represents a $7.00 annualized dividend and a yield of 8.74%. Whirlpool's payout ratio is -119.45%.

Whirlpool 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.