Whirlpool Co. (NYSE:WHR) Shares Bought by PFG Investments LLC

PFG Investments LLC raised its holdings in Whirlpool Co. (NYSE:WHR - Free Report) by 171.4% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 10,869 shares of the company's stock after acquiring an additional 6,864 shares during the period. PFG Investments LLC's holdings in Whirlpool were worth $1,163,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Private Advisor Group LLC increased its holdings in Whirlpool by 2.6% in the 1st quarter. Private Advisor Group LLC now owns 5,006 shares of the company's stock valued at $599,000 after purchasing an additional 125 shares during the last quarter. Dakota Wealth Management boosted its position in Whirlpool by 2.0% in the 3rd quarter. Dakota Wealth Management now owns 7,395 shares of the company's stock valued at $791,000 after buying an additional 145 shares during the period. Arizona State Retirement System boosted its position in Whirlpool by 1.1% in the 2nd quarter. Arizona State Retirement System now owns 15,247 shares of the company's stock valued at $1,558,000 after buying an additional 172 shares during the period. UMB Bank n.a. boosted its position in Whirlpool by 80.6% in the 2nd quarter. UMB Bank n.a. now owns 428 shares of the company's stock valued at $44,000 after buying an additional 191 shares during the period. Finally, Blue Trust Inc. boosted its position in Whirlpool by 69.1% in the 3rd quarter. Blue Trust Inc. now owns 492 shares of the company's stock valued at $50,000 after buying an additional 201 shares during the period. Institutional investors and hedge funds own 90.78% of the company's stock.

Insider Activity at Whirlpool

In related news, EVP Juan Carlos Puente sold 3,266 shares of the business's stock in a transaction on Tuesday, September 3rd. The shares were sold at an average price of $100.00, for a total value 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 $1,907,000. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 2.05% of the stock is owned by corporate insiders.

Analyst Ratings Changes

WHR has been the subject of several recent research reports. 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 research report on Friday. Bank of America raised their price target on shares of Whirlpool from $101.00 to $103.00 and gave the company an "underperform" rating in a research report on Friday. Two analysts have rated the stock with a sell rating, two have given a hold rating and one has assigned a buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of "Hold" and an average price target of $107.00.

Whirlpool Stock Down 0.3 %

Shares of Whirlpool stock traded down $0.34 during trading on Monday, hitting $103.71. 1,048,202 shares of the stock were exchanged, compared to its average volume of 1,200,694. The stock has a market cap of $5.72 billion, a price-to-earnings ratio of 10.34 and a beta of 1.44. The firm's 50-day moving average price is $102.00 and its 200 day moving average price is $98.67. Whirlpool Co. has a 12-month low of $84.18 and a 12-month high of $125.68. The company has a debt-to-equity ratio of 1.94, a current ratio of 0.94 and a quick ratio of 0.55.

Whirlpool (NYSE:WHR - Get Free Report) last released its quarterly earnings data on Wednesday, October 23rd. The company reported $3.43 earnings per share (EPS) 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 analysts' expectations of $4.09 billion. Whirlpool had a net margin of 3.19% and a return on equity of 21.41%. The company's revenue for the quarter was down 18.9% on a year-over-year basis. During the same period in the previous year, the company earned $5.45 EPS. As a group, analysts forecast that Whirlpool Co. will post 12 earnings per share for the current fiscal year.

Whirlpool Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Sunday, December 15th. Investors of record on Friday, November 15th will be given a $1.75 dividend. The ex-dividend date of this dividend is Friday, November 15th. This represents a $7.00 dividend on an annualized basis and a yield of 6.75%. Whirlpool's dividend payout ratio (DPR) is presently 69.03%.

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.