2,212 Shares in Whirlpool Co. (NYSE:WHR) Bought by Jacobi Capital Management LLC

Jacobi Capital Management LLC bought a new position in shares of Whirlpool Co. (NYSE:WHR) in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 2,212 shares of the company’s stock, valued at approximately $265,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Private Trust Co. NA raised its position in shares of Whirlpool by 190.7% during the fourth quarter. Private Trust Co. NA now owns 282 shares of the company’s stock worth $34,000 after acquiring an additional 185 shares during the last quarter. ORG Partners LLC bought a new position in Whirlpool during the 4th quarter worth approximately $37,000. Salem Investment Counselors Inc. acquired a new position in shares of Whirlpool in the 1st quarter worth approximately $45,000. Parallel Advisors LLC boosted its stake in shares of Whirlpool by 82.5% in the 4th quarter. Parallel Advisors LLC now owns 407 shares of the company’s stock valued at $50,000 after purchasing an additional 184 shares during the last quarter. Finally, Federated Hermes Inc. increased its position in shares of Whirlpool by 79.4% during the fourth quarter. Federated Hermes Inc. now owns 436 shares of the company’s stock worth $53,000 after buying an additional 193 shares during the period. 90.78% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of analysts have commented on WHR shares. Royal Bank of Canada cut their price target on shares of Whirlpool from $85.00 to $79.00 and set an “underperform” rating on the stock in a research report on Friday, April 26th. Bank of America boosted their price objective on Whirlpool from $63.00 to $75.00 in a research note on Friday, May 17th. Finally, StockNews.com cut Whirlpool from a “buy” rating to a “hold” rating in a research note on Friday, April 26th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and one has assigned a buy rating to the stock. According to MarketBeat, the company presently has an average rating of “Hold” and an average target price of $111.00.

Whirlpool Stock Down 4.3 %

Whirlpool stock traded down $4.56 during midday trading on Tuesday, reaching $101.75. The stock had a trading volume of 573,186 shares, compared to its average volume of 1,376,692. The company has a fifty day moving average price of $95.53 and a two-hundred day moving average price of $104.09. Whirlpool Co. has a 12 month low of $84.18 and a 12 month high of $152.05. The company has a current ratio of 0.95, a quick ratio of 0.58 and a debt-to-equity ratio of 2.56. The company has a market capitalization of $5.56 billion, a P/E ratio of 14.66 and a beta of 1.44.

Whirlpool (NYSE:WHR) last released its quarterly earnings data on Wednesday, April 24th. The company reported $1.78 EPS for the quarter, beating the consensus estimate of $1.61 by $0.17. Whirlpool had a return on equity of 35.16% and a net margin of 2.07%. The firm had revenue of $4.49 billion during the quarter, compared to the consensus estimate of $4.42 billion. During the same quarter in the previous year, the company posted $2.66 earnings per share. The company’s quarterly revenue was down 3.4% on a year-over-year basis. As a group, equities analysts expect that Whirlpool Co. will post 12.37 EPS for the current fiscal year.

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.