4,258 Shares in Whirlpool Co. (NYSE:WHR) Acquired by PSI Advisors LLC

PSI Advisors LLC bought a new stake in shares of Whirlpool Co. (NYSE:WHR) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 4,258 shares of the company’s stock, valued at approximately $487,000.

Other institutional investors have also added to or reduced their stakes in the company. Ashton Thomas Private Wealth LLC bought a new stake in Whirlpool in the 2nd quarter worth about $32,000. Federated Hermes Inc. grew its stake in shares of Whirlpool by 25.0% in the second quarter. Federated Hermes Inc. now owns 179,895 shares of the company’s stock worth $18,385,000 after acquiring an additional 35,957 shares during the period. Envestnet Asset Management Inc. raised its holdings in shares of Whirlpool by 5.4% during the second quarter. Envestnet Asset Management Inc. now owns 69,786 shares of the company’s stock valued at $7,132,000 after purchasing an additional 3,584 shares during the last quarter. Brown Brothers Harriman & Co. lifted its position in Whirlpool by 161.6% during the second quarter. Brown Brothers Harriman & Co. now owns 1,656 shares of the company’s stock valued at $169,000 after purchasing an additional 1,023 shares during the period. Finally, Dimensional Fund Advisors LP boosted its holdings in Whirlpool by 46.8% in the second quarter. Dimensional Fund Advisors LP now owns 981,472 shares of the company’s stock worth $100,304,000 after purchasing an additional 312,729 shares during the last quarter. 90.78% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other Whirlpool news, CFO James W. Peters sold 6,000 shares of Whirlpool stock in a transaction that occurred on Monday, October 28th. The stock was sold at an average price of $104.48, for a total value of $626,880.00. Following the sale, the chief financial officer now owns 41,570 shares of the company’s stock, valued at $4,343,233.60. The trade was a 12.61 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. 2.05% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

Several brokerages recently commented on WHR. Bank of America lifted their price objective on Whirlpool from $101.00 to $103.00 and gave the stock an “underperform” rating in a report on Friday, October 25th. JPMorgan Chase & Co. upped their price target on shares of Whirlpool from $103.00 to $109.00 and gave the company a “neutral” rating in a research report on Tuesday, October 29th. StockNews.com downgraded shares of Whirlpool from a “hold” rating to a “sell” rating in a report on Monday. Finally, Royal Bank of Canada reduced their target price on shares of Whirlpool from $76.00 to $74.00 and set an “underperform” rating for the company in a report on Friday, October 25th. Three analysts have rated the stock with a sell rating, one has assigned a hold rating and one has given a buy rating to the stock. According to MarketBeat.com, Whirlpool presently has an average rating of “Hold” and an average target price of $106.50.

Whirlpool Stock Performance

NYSE WHR opened at $120.71 on Tuesday. The business has a 50-day moving average price of $114.43 and a 200-day moving average price of $106.10. The firm has a market cap of $6.66 billion, a price-to-earnings ratio of 11.90 and a beta of 1.44. Whirlpool Co. has a twelve month low of $84.18 and a twelve month high of $126.30. The company has a quick ratio of 0.55, a current ratio of 0.94 and a debt-to-equity ratio of 1.94.

Whirlpool (NYSE:WHR) last announced its quarterly earnings data on Wednesday, October 23rd. The company reported $3.43 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.99 by $0.44. Whirlpool had a net margin of 3.19% and a return on equity of 21.41%. The business had revenue of $3.99 billion during the quarter, compared to analyst estimates of $4.09 billion. During the same period last year, the firm posted $5.45 EPS. The company’s revenue was down 18.9% on a year-over-year basis. As a group, equities research analysts predict that Whirlpool Co. will post 12.27 EPS for the current fiscal year.

Whirlpool 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.