Headlands Technologies LLC Has $95,000 Stake in Whirlpool Co. (NYSE:WHR)

Headlands Technologies LLC grew its stake in Whirlpool Co. (NYSE:WHR) by 100.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 781 shares of the company’s stock after acquiring an additional 392 shares during the period. Headlands Technologies LLC’s holdings in Whirlpool were worth $95,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently bought and sold shares of WHR. Private Trust Co. NA lifted its stake in shares of Whirlpool by 190.7% in the 4th quarter. Private Trust Co. NA now owns 282 shares of the company’s stock valued at $34,000 after purchasing an additional 185 shares during the period. Sentry Investment Management LLC bought a new position in Whirlpool during the third quarter worth about $39,000. NBC Securities Inc. acquired a new position in shares of Whirlpool during the 3rd quarter worth about $40,000. ORG Partners LLC bought a new stake in shares of Whirlpool in the 4th quarter valued at about $37,000. Finally, Federated Hermes Inc. raised its position in shares of Whirlpool by 79.4% in the 4th quarter. Federated Hermes Inc. now owns 436 shares of the company’s stock valued at $53,000 after acquiring an additional 193 shares during the period. Institutional investors and hedge funds own 90.78% of the company’s stock.

Analysts Set New Price Targets

WHR has been the subject of a number of analyst reports. JPMorgan Chase & Co. decreased their price objective on shares of Whirlpool from $120.00 to $111.00 and set a “neutral” rating for the company in a report on Friday, February 2nd. TheStreet upgraded shares of Whirlpool from a “d+” rating to a “c+” rating in a research report on Monday, January 29th. Loop Capital initiated coverage on Whirlpool in a report on Thursday, February 22nd. They set a “buy” rating and a $140.00 target price on the stock. StockNews.com downgraded Whirlpool from a “buy” rating to a “hold” rating in a report on Friday. Finally, Royal Bank of Canada cut their price objective on Whirlpool from $85.00 to $79.00 and set an “underperform” rating on the stock in a report on Friday. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and one has issued a buy rating to the stock. According to MarketBeat, Whirlpool currently has a consensus rating of “Hold” and an average price target of $113.40.

Whirlpool Price Performance

NYSE WHR opened at $96.86 on Tuesday. Whirlpool Co. has a 12-month low of $91.90 and a 12-month high of $160.62. The firm’s 50 day moving average is $108.92 and its 200-day moving average is $112.38. The company has a market capitalization of $5.29 billion, a PE ratio of 13.34 and a beta of 1.48. The company has a quick ratio of 0.58, a current ratio of 0.95 and a debt-to-equity ratio of 2.56.

Whirlpool (NYSE:WHR) last issued its quarterly earnings results on Wednesday, April 24th. The company reported $1.78 EPS for the quarter, topping the consensus estimate of $1.61 by $0.17. The firm had revenue of $4.49 billion for the quarter, compared to analysts’ expectations of $4.42 billion. Whirlpool had a net margin of 2.07% and a return on equity of 35.16%. The company’s revenue for the quarter was down 3.4% on a year-over-year basis. During the same period in the previous year, the firm posted $2.66 EPS. Equities research analysts anticipate that Whirlpool Co. will post 13.3 earnings per share for the current fiscal year.

Whirlpool Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Saturday, June 15th. Shareholders of record on Friday, May 17th will be given a dividend of $1.75 per share. This represents a $7.00 annualized dividend and a dividend yield of 7.23%. The ex-dividend date of this dividend is Thursday, May 16th. Whirlpool’s dividend payout ratio (DPR) is 96.42%.

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.