November 25, 2016 - By Darrin Black · 0 Comments
Whirlpool Corp (NYSE:WHR) institutional sentiment increased to 1.16 in 2016 Q2. Its up 0.05, from 1.11 in 2016Q1. The ratio is more positive, as 265 investment professionals increased or started new holdings, while 239 sold and reduced their holdings in Whirlpool Corp. The investment professionals in our partner’s database now own: 65.34 million shares, down from 68.61 million shares in 2016Q1. Also, the number of investment professionals holding Whirlpool Corp in their top 10 holdings decreased from 13 to 7 for a decrease of 6. Sold All: 50 Reduced: 189 Increased: 189 New Position: 76.
Whirlpool Corporation is a manufacturer and marketer of home appliances. The company has a market cap of $12.54 billion. The Firm makes products in approximately 15 countries and markets products around the world under brand names, such as Whirlpool, KitchenAid, Maytag, Consul, Brastemp, Amana, Bauknecht, Jenn-Air and Indesit. It has a 14.46 P/E ratio. The Company’s divisions include North America, Latin America, EMEA and Asia.
The stock increased 0.18% or $0.29 during the last trading session, hitting $165.61. About 173,089 shares traded hands. Whirlpool Corporation (NYSE:WHR) has declined 11.74% since April 22, 2016 and is downtrending. It has underperformed by 17.15% the S&P500.
Analysts await Whirlpool Corporation (NYSE:WHR) to report earnings on February, 3. They expect $4.40 EPS, up 7.32% or $0.30 from last year’s $4.1 per share. WHR’s profit will be $333.17 million for 9.41 P/E if the $4.40 EPS becomes a reality. After $3.66 actual EPS reported by Whirlpool Corporation for the previous quarter, Wall Street now forecasts 20.22% EPS growth.
According to Zacks Investment Research, “Whirlpool Corp. manufactures and markets a full line of major appliances and related products, primarily for home use. The company’s principal products are home laundry appliances, home refrigerators and freezers, home cooking appliances, home dishwashers, room air-conditioning equipment, and mixers and other small household appliances. The company also produces hermetic compressors and plastic components, primarily for the home appliance and electronics industries.”
Edinburgh Partners Ltd holds 10.25% of its portfolio in Whirlpool Corporation for 405,439 shares. Trinity Street Asset Management Llp owns 262,647 shares or 10.17% of their US portfolio. Moreover, Greenhaven Associates Inc has 8.58% invested in the company for 2.63 million shares. The California-based Spitfire Capital Llc has invested 5.58% in the stock. Capital Growth Management Lp, a Massachusetts-based fund reported 720,000 shares.#img1#
Insider Transactions: Since January 1, 0001, the stock had 0 insider buys, and 5 selling transactions for $23.85 million net activity.
Ratings analysis reveals 67% of Whirlpool’s analysts are positive. Out of 6 Wall Street analysts rating Whirlpool, 4 give it “Buy”, 0 “Sell” rating, while 2 recommend “Hold”. The lowest target is $171 while the high is $213. The stock’s average target of $190 is 14.73% above today’s ($165.61) share price. WHR was included in 12 notes of analysts from August 13, 2015. The company was upgraded on Tuesday, March 15 by JP Morgan. The stock has “Top Pick” rating given by RBC Capital Markets on Monday, October 26. As per Monday, October 17, the company rating was downgraded by M Partners. RBC Capital Markets maintained Whirlpool Corporation (NYSE:WHR) on Thursday, August 13 with “Outperform” rating. The stock of Whirlpool Corporation (NYSE:WHR) earned “Hold” rating by Gabelli on Monday, September 12. M Partners maintained Whirlpool Corporation (NYSE:WHR) on Monday, December 7 with “Buy” rating. M Partners maintained the shares of WHR in a report on Friday, April 1 with “Buy” rating. Goldman Sachs upgraded Whirlpool Corporation (NYSE:WHR) on Thursday, February 4 to “Buy” rating. Raymond James upgraded the stock to “Strong Buy” rating in Monday, October 26 report. As per Tuesday, September 15, the company rating was upgraded by RBC Capital Markets.
Whirlpool Corporation, incorporated on August 10, 1955, is a maker and marketer of home appliances. The Firm makes products in approximately 15 countries and markets products around the world under brand names, such as Whirlpool, KitchenAid, Maytag, Consul, Brastemp, Amana, Bauknecht, Jenn-Air and Indesit. The Company’s divisions include North America, Latin America, EMEA (Europe, Middle East and Africa) and Asia. The Firm makes and markets a line of home appliances and related products. The Company’s principal products are laundry appliances, refrigerators and freezers, cooking appliances, dishwashers, mixers and other portable household appliances. It also produces hermetic compressors for refrigeration systems.
More recent Whirlpool Corporation (NYSE:WHR) news were published by: Prnewswire.com which released: “WLabs of Whirlpool Corporation Turns Food Scraps into Fertilizer with New Zera …” on November 15, 2016. Also Prnewswire.com published the news titled: “Whirlpool Corporation To Construct New Warehouse In New Kingston” on November 09, 2016. Prnewswire.com‘s news article titled: “Whirlpool Corporation Receives U.S. EPA 2016 SmartWay Excellence Award” with publication date: November 17, 2016 was also an interesting one.
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By Darrin Black