XTX Topco Ltd Buys Shares of 7,991 Whirlpool Co. (NYSE:WHR)

XTX Topco Ltd bought a new stake in Whirlpool Co. (NYSE:WHR - Free Report) during the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 7,991 shares of the company's stock, valued at approximately $855,000.

A number of other institutional investors have also modified their holdings of the stock. Sigma Planning Corp raised its stake in Whirlpool by 6.4% during the third quarter. Sigma Planning Corp now owns 2,170 shares of the company's stock worth $232,000 after acquiring an additional 130 shares during the period. Dakota Wealth Management raised its stake in Whirlpool by 2.0% during the third quarter. Dakota Wealth Management now owns 7,395 shares of the company's stock worth $791,000 after acquiring an additional 145 shares during the period. Moors & Cabot Inc. raised its stake in Whirlpool by 2.2% during the third quarter. Moors & Cabot Inc. now owns 6,979 shares of the company's stock worth $747,000 after acquiring an additional 150 shares during the period. Arizona State Retirement System raised its stake in Whirlpool by 1.1% during the second quarter. Arizona State Retirement System now owns 15,247 shares of the company's stock worth $1,558,000 after acquiring an additional 172 shares during the period. Finally, Verdence Capital Advisors LLC raised its stake in Whirlpool by 5.1% during the third quarter. Verdence Capital Advisors LLC now owns 3,565 shares of the company's stock worth $381,000 after acquiring an additional 173 shares during the period. Institutional investors and hedge funds own 90.78% of the company's stock.

Insider Buying and Selling

In related news, CFO James W. Peters sold 6,000 shares of the firm'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 value of $626,880.00. Following the completion of the transaction, the chief financial officer now owns 41,570 shares of the company's stock, valued at approximately $4,343,233.60. This trade represents a 12.61 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 2.05% of the stock is currently owned by insiders.

Whirlpool Price Performance

Shares of Whirlpool stock traded up $0.60 on Wednesday, hitting $124.48. The company had a trading volume of 978,126 shares, compared to its average volume of 1,142,532. The business has a 50-day simple moving average of $108.76 and a 200-day simple moving average of $101.83. The company has a debt-to-equity ratio of 1.94, a current ratio of 0.94 and a quick ratio of 0.55. The company has a market cap of $6.86 billion, a PE ratio of 12.28 and a beta of 1.46. Whirlpool Co. has a 52 week low of $84.18 and a 52 week high of $126.30.

Whirlpool (NYSE:WHR - Get Free Report) last posted its quarterly earnings data on Wednesday, October 23rd. The company reported $3.43 earnings per share (EPS) for the quarter, beating 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 business's revenue was down 18.9% on a year-over-year basis. During the same period last year, the firm posted $5.45 earnings per share. Research analysts expect that Whirlpool Co. will post 12.27 EPS for the current fiscal year.

Whirlpool Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Sunday, December 15th. Investors of record on Friday, November 15th will be issued a dividend of $1.75 per share. This represents a $7.00 dividend on an annualized basis and a yield of 5.62%. The ex-dividend date of this dividend is Friday, November 15th. Whirlpool's payout ratio is 69.03%.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on WHR shares. JPMorgan Chase & Co. increased their price objective on shares of Whirlpool from $103.00 to $109.00 and gave the stock a "neutral" rating in a research note on Tuesday, October 29th. 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 note on Friday, October 25th. Finally, Royal Bank of Canada dropped their price target on shares of Whirlpool from $76.00 to $74.00 and set an "underperform" rating on the stock in a research note on Friday, October 25th. Two analysts have rated the stock with a sell rating, two have assigned a hold rating and one has given a buy rating to the company. Based on data from MarketBeat.com, Whirlpool has a consensus rating of "Hold" and an average target price of $106.50.

Whirlpool Company 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.