Redmond Asset Management LLC increased its position in Whirlpool Corporation (NYSE:WHR) by 0.1% during the fourth quarter, Holdings Channel reports. The firm owned 17,694 shares of the company’s stock after buying an additional 15 shares during the period. Whirlpool Corporation comprises about 1.5% of Redmond Asset Management LLC’s investment portfolio, making the stock its 10th largest position. Redmond Asset Management LLC’s holdings in Whirlpool Corporation were worth $3,216,000 as of its most recent SEC filing.
Several other large investors also recently made changes to their positions in WHR. Sumitomo Mitsui Asset Management Company LTD boosted its stake in shares of Whirlpool Corporation by 1.0% in the second quarter. Sumitomo Mitsui Asset Management Company LTD now owns 6,118 shares of the company’s stock worth $1,019,000 after buying an additional 60 shares during the period. Nordea Investment Management AB boosted its stake in shares of Whirlpool Corporation by 2.3% in the second quarter. Nordea Investment Management AB now owns 3,177 shares of the company’s stock worth $529,000 after buying an additional 70 shares during the period. Concert Wealth Management Inc. boosted its stake in shares of Whirlpool Corporation by 11.0% in the second quarter. Concert Wealth Management Inc. now owns 1,418 shares of the company’s stock worth $231,000 after buying an additional 141 shares during the period. Pillar Pacific Capital Management LLC boosted its stake in shares of Whirlpool Corporation by 16.8% in the second quarter. Pillar Pacific Capital Management LLC now owns 15,767 shares of the company’s stock worth $2,628,000 after buying an additional 2,266 shares during the period. Finally, Todd Asset Management LLC bought a new stake in shares of Whirlpool Corporation during the second quarter worth approximately $25,258,000. 91.76% of the stock is owned by institutional investors and hedge funds.
Whirlpool Corporation (NYSE:WHR) traded up 0.16% on Friday, reaching $176.98. The company’s stock had a trading volume of 156,529 shares. The stock has a market cap of $13.18 billion, a price-to-earnings ratio of 15.39 and a beta of 1.91. Whirlpool Corporation has a 52-week low of $139.29 and a 52-week high of $194.10. The firm’s 50-day moving average price is $179.91 and its 200-day moving average price is $172.28.
Whirlpool Corporation (NYSE:WHR) last announced its quarterly earnings results on Thursday, January 26th. The company reported $4.33 EPS for the quarter, missing the Zacks’ consensus estimate of $4.39 by $0.06. Whirlpool Corporation had a net margin of 4.29% and a return on equity of 18.69%. The firm earned $5.70 billion during the quarter, compared to the consensus estimate of $5.61 billion. During the same quarter in the previous year, the company posted $4.10 earnings per share. The firm’s revenue was up 1.7% on a year-over-year basis. On average, equities analysts expect that Whirlpool Corporation will post $15.61 earnings per share for the current year.
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WHR has been the subject of a number of analyst reports. Zacks Investment Research raised Whirlpool Corporation from a “sell” rating to a “hold” rating in a research note on Thursday, October 20th. J P Morgan Chase & Co reaffirmed a “buy” rating and set a $182.00 price objective on shares of Whirlpool Corporation in a research note on Thursday, October 27th. KeyCorp decreased their price objective on Whirlpool Corporation from $205.00 to $190.00 and set an “overweight” rating for the company in a research note on Tuesday, November 29th. Finally, Goldman Sachs Group, Inc. (The) cut Whirlpool Corporation from a “buy” rating to a “neutral” rating and set a $187.00 price objective for the company. in a research note on Friday, January 27th. Five analysts have rated the stock with a hold rating and three have issued a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus price target of $195.38.
About Whirlpool Corporation
Whirlpool Corporation is a manufacturer and marketer of home appliances. The Company manufactures 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 segments include North America, Latin America, EMEA (Europe, Middle East and Africa) and Asia.
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