Evergreen Capital Management LLC Buys 12,697 Shares of Whirlpool Co. (NYSE:WHR)

Evergreen Capital Management LLC grew its holdings in Whirlpool Co. (NYSE:WHR - Free Report) by 41.5% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 43,261 shares of the company's stock after acquiring an additional 12,697 shares during the quarter. Evergreen Capital Management LLC owned 0.08% of Whirlpool worth $4,421,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. SouthState Corp bought a new stake in Whirlpool in the 2nd quarter valued at about $28,000. Ashton Thomas Private Wealth LLC acquired a new stake in shares of Whirlpool in the second quarter valued at approximately $32,000. Altshuler Shaham Ltd bought a new stake in shares of Whirlpool in the second quarter valued at approximately $32,000. EverSource Wealth Advisors LLC grew its position in Whirlpool by 1,010.5% during the second quarter. EverSource Wealth Advisors LLC now owns 422 shares of the company's stock worth $43,000 after buying an additional 384 shares in the last quarter. Finally, UMB Bank n.a. increased its stake in Whirlpool by 80.6% during the 2nd quarter. UMB Bank n.a. now owns 428 shares of the company's stock worth $44,000 after acquiring an additional 191 shares during the period. 90.78% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other news, EVP Juan Carlos Puente sold 3,266 shares of Whirlpool stock in a transaction on Tuesday, September 3rd. The shares were sold at an average price of $100.00, for a total transaction of $326,600.00. Following the completion of the sale, the executive vice president now directly owns 19,070 shares of the company's stock, valued at approximately $1,907,000. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 2.05% of the stock is owned by company insiders.

Whirlpool Trading Up 1.2 %

Shares of WHR traded up $1.24 during trading hours on Tuesday, hitting $103.56. 397,950 shares of the stock were exchanged, compared to its average volume of 1,251,617. The company has a debt-to-equity ratio of 1.88, a current ratio of 0.96 and a quick ratio of 0.58. Whirlpool Co. has a fifty-two week low of $84.18 and a fifty-two week high of $135.45. The business has a 50-day moving average of $99.31 and a 200-day moving average of $99.96. The firm has a market capitalization of $5.66 billion, a P/E ratio of 14.21 and a beta of 1.44.

Whirlpool (NYSE:WHR - Get Free Report) last released its quarterly earnings results on Wednesday, July 24th. The company reported $2.39 EPS for the quarter, meeting analysts' consensus estimates of $2.39. The business had revenue of $3.99 billion during the quarter, compared to analyst estimates of $3.96 billion. Whirlpool had a return on equity of 27.67% and a net margin of 2.89%. Whirlpool's quarterly revenue was down 16.8% compared to the same quarter last year. During the same period in the prior year, the firm posted $4.21 EPS. On average, research analysts expect that Whirlpool Co. will post 11.31 EPS for the current year.

Whirlpool Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Sunday, September 15th. Shareholders of record on Friday, August 30th were paid a $1.75 dividend. The ex-dividend date was Friday, August 30th. This represents a $7.00 annualized dividend and a yield of 6.76%. Whirlpool's dividend payout ratio is currently 96.42%.

Analyst Ratings Changes

Several analysts have recently issued reports on WHR shares. Bank of America started coverage on Whirlpool in a report on Tuesday, July 30th. They set an "underperform" rating and a $88.00 target price on the stock. Royal Bank of Canada reduced their price objective on shares of Whirlpool from $79.00 to $76.00 and set an "underperform" rating on the stock in a research note on Friday, July 26th. Two analysts have rated the stock with a sell rating, three have given a hold rating and one has assigned a buy rating to the company's stock. Based on data from MarketBeat, the company currently has a consensus rating of "Hold" and a consensus target price of $103.75.

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.