Gilman Hill Asset Management LLC decreased its stake in shares of Whirlpool Co. (NYSE:WHR - Free Report) by 7.4% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 77,057 shares of the company's stock after selling 6,155 shares during the quarter. Whirlpool comprises about 1.5% of Gilman Hill Asset Management LLC's portfolio, making the stock its 13th biggest holding. Gilman Hill Asset Management LLC owned about 0.14% of Whirlpool worth $8,821,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Arkadios Wealth Advisors bought a new stake in shares of Whirlpool in the 4th quarter valued at about $1,970,000. Brave Asset Management Inc. acquired a new position in Whirlpool during the fourth quarter worth approximately $200,000. San Luis Wealth Advisors LLC raised its stake in Whirlpool by 7.8% in the fourth quarter. San Luis Wealth Advisors LLC now owns 7,075 shares of the company's stock valued at $810,000 after buying an additional 510 shares during the period. Rockland Trust Co. lifted its position in shares of Whirlpool by 1.4% in the fourth quarter. Rockland Trust Co. now owns 8,311 shares of the company's stock valued at $951,000 after buying an additional 118 shares during the last quarter. Finally, PSI Advisors LLC bought a new position in shares of Whirlpool during the 4th quarter worth approximately $487,000. Institutional investors own 90.78% of the company's stock.
Whirlpool Stock Performance
Shares of WHR traded up $1.20 during mid-day trading on Monday, hitting $130.07. 631,779 shares of the company's stock were exchanged, compared to its average volume of 497,212. The company has a quick ratio of 0.55, a current ratio of 0.94 and a debt-to-equity ratio of 1.94. The firm has a market cap of $7.17 billion, a price-to-earnings ratio of 12.83 and a beta of 1.44. The stock's 50-day simple moving average is $116.40 and its 200-day simple moving average is $107.07. Whirlpool Co. has a 52 week low of $84.18 and a 52 week high of $130.85.
Whirlpool (NYSE:WHR - Get Free Report) last posted its quarterly earnings data on Wednesday, October 23rd. The company reported $3.43 EPS for the quarter, topping analysts' consensus estimates of $2.99 by $0.44. The firm had revenue of $3.99 billion for the quarter, compared to analyst estimates of $4.09 billion. Whirlpool had a return on equity of 21.41% and a net margin of 3.19%. The company's revenue was down 18.9% on a year-over-year basis. During the same quarter last year, the company earned $5.45 EPS. On average, equities research analysts expect that Whirlpool Co. will post 12.27 EPS for the current year.
Insider Buying and Selling
In other Whirlpool news, CFO James W. Peters sold 6,000 shares of the business's stock in a transaction that occurred on Monday, October 28th. The shares were sold at an average price of $104.48, for a total transaction of $626,880.00. Following the completion of the transaction, the chief financial officer now directly owns 41,570 shares in the company, valued at $4,343,233.60. The trade was a 12.61 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 2.05% of the stock is currently owned by company insiders.
Wall Street Analyst Weigh In
Several equities research analysts have issued reports on the company. Royal Bank of Canada cut their price target on Whirlpool from $76.00 to $74.00 and set an "underperform" rating for the company in a report on Friday, October 25th. JPMorgan Chase & Co. lifted their target price on shares of Whirlpool from $103.00 to $109.00 and gave the stock a "neutral" rating in a report on Tuesday, October 29th. StockNews.com cut shares of Whirlpool from a "hold" rating to a "sell" rating in a report on Monday, January 13th. Bank of America boosted their price objective on Whirlpool from $101.00 to $103.00 and gave the stock an "underperform" rating in a report on Friday, October 25th. Finally, The Goldman Sachs Group upped their target price on Whirlpool from $125.00 to $138.00 and gave the company a "buy" rating in a research report on Tuesday, January 14th. Three research analysts have rated the stock with a sell rating, one has assigned a hold rating and two have issued a buy rating to the company's stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus target price of $112.80.
Get Our Latest Stock Analysis on WHR
Whirlpool Profile
(
Free Report)
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.
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