Whirlpool (NYSE:WHR) Reaches New 12-Month Low - Should You Sell?

Whirlpool Co. (NYSE:WHR - Get Free Report)'s share price reached a new 52-week low during trading on Friday . The stock traded as low as $83.30 and last traded at $83.03, with a volume of 20018 shares. The stock had previously closed at $86.12.

Wall Street Analyst Weigh In

WHR has been the topic of several recent 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 lifted their price target on Whirlpool from $125.00 to $138.00 and gave the company a "buy" rating in a report on Tuesday, January 14th. Two equities research analysts have rated the stock with a sell rating, two have assigned a hold rating and one has assigned a buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of "Hold" and an average price target of $106.00.

Whirlpool Stock Up 6.6 %

The business has a fifty day moving average price of $96.20 and a two-hundred day moving average price of $107.26. The firm has a market cap of $4.57 billion, a PE ratio of -14.09 and a beta of 1.31. The company has a debt-to-equity ratio of 1.62, a current ratio of 0.72 and a quick ratio of 0.44.

Whirlpool (NYSE:WHR - Get Free Report) last posted its quarterly earnings results on Wednesday, January 29th. The company reported $4.57 earnings per share (EPS) 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 last year, the business earned $3.85 earnings per share. On average, analysts anticipate that Whirlpool Co. will post 9.52 EPS for the current fiscal year.

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Whirlpool Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Saturday, March 15th. Shareholders of record on Friday, February 28th were given a $1.75 dividend. This represents a $7.00 annualized dividend and a yield of 8.48%. The ex-dividend date was Friday, February 28th. Whirlpool's payout ratio is currently -119.45%.

Institutional Investors Weigh In On Whirlpool

Several large investors have recently made changes to their positions in the company. Savant Capital LLC lifted its stake in Whirlpool by 3.8% in the fourth quarter. Savant Capital LLC now owns 2,406 shares of the company's stock valued at $275,000 after acquiring an additional 89 shares during the last quarter. Allworth Financial LP lifted its stake in shares of Whirlpool by 17.3% in the 4th quarter. Allworth Financial LP now owns 664 shares of the company's stock valued at $76,000 after purchasing an additional 98 shares during the last quarter. Westside Investment Management Inc. boosted its holdings in Whirlpool by 4.5% in the third quarter. Westside Investment Management Inc. now owns 2,345 shares of the company's stock worth $251,000 after purchasing an additional 100 shares in the last quarter. Louisiana State Employees Retirement System raised its holdings in Whirlpool by 0.7% during the fourth quarter. Louisiana State Employees Retirement System now owns 15,300 shares of the company's stock valued at $1,752,000 after buying an additional 100 shares in the last quarter. Finally, State of Michigan Retirement System lifted its position in shares of Whirlpool by 0.8% in the fourth quarter. State of Michigan Retirement System now owns 13,100 shares of the company's stock worth $1,500,000 after buying an additional 100 shares during the last quarter. Institutional investors own 90.78% of the company's stock.

About Whirlpool

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.