Whirlpool (NYSE:WHR) Sets New 1-Year High – What’s Next?

Whirlpool Co. (NYSE:WHR)’s stock price reached a new 52-week high during mid-day trading on Monday . The stock traded as high as $135.12 and last traded at $135.23, with a volume of 172245 shares. The stock had previously closed at $132.07.

Analyst Ratings Changes

Several research analysts have recently issued reports on the company. Royal Bank of Canada reduced their price target on Whirlpool from $76.00 to $74.00 and set an “underperform” rating on the stock in a research report on Friday, October 25th. JPMorgan Chase & Co. lifted their price target on Whirlpool from $103.00 to $109.00 and gave the company a “neutral” rating in a research note on Tuesday, October 29th. StockNews.com raised Whirlpool from a “sell” rating to a “hold” rating in a research report on Tuesday, January 21st. Bank of America boosted their price target on Whirlpool from $101.00 to $103.00 and gave the stock an “underperform” rating in a research report on Friday, October 25th. Finally, The Goldman Sachs Group boosted their price objective on Whirlpool from $125.00 to $138.00 and gave the stock a “buy” rating in a report on Tuesday, January 14th. Two equities research analysts have rated the stock with a sell rating, two have given a hold rating and two have given a buy rating to the company. According to MarketBeat.com, Whirlpool has a consensus rating of “Hold” and a consensus price target of $112.80.

Whirlpool Stock Up 1.2 %

The firm’s fifty day moving average price is $117.96 and its 200-day moving average price is $107.89. The company has a market capitalization of $7.37 billion, a price-to-earnings ratio of 13.20 and a beta of 1.44. The company has a debt-to-equity ratio of 1.94, a current ratio of 0.94 and a quick ratio of 0.55.

Institutional Trading of Whirlpool

A number of institutional investors and hedge funds have recently bought and sold shares of WHR. Brown Lisle Cummings Inc. bought a new stake in Whirlpool during the fourth quarter valued at $27,000. GAMMA Investing LLC lifted its position in Whirlpool by 323.1% in the 4th quarter. GAMMA Investing LLC now owns 275 shares of the company’s stock valued at $31,000 after acquiring an additional 210 shares in the last quarter. Legend Financial Advisors Inc. bought a new position in Whirlpool in the 4th quarter valued at about $34,000. HHM Wealth Advisors LLC lifted its position in Whirlpool by 216.0% in the 4th quarter. HHM Wealth Advisors LLC now owns 316 shares of the company’s stock valued at $36,000 after acquiring an additional 216 shares in the last quarter. Finally, UMB Bank n.a. increased its stake in Whirlpool by 56.4% in the 4th quarter. UMB Bank n.a. now owns 319 shares of the company’s stock valued at $37,000 after buying an additional 115 shares during the last quarter. 90.78% of the stock is currently owned by institutional investors and hedge funds.

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.