Kingswood Wealth Advisors LLC Acquires Shares of 3,434 Whirlpool Co. (NYSE:WHR)

Kingswood Wealth Advisors LLC acquired a new stake in shares of Whirlpool Co. (NYSE:WHR) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 3,434 shares of the company’s stock, valued at approximately $393,000.

Several other institutional investors have also bought and sold shares of WHR. Algert Global LLC bought a new position in Whirlpool during the second quarter valued at $561,000. Creative Planning lifted its position in Whirlpool by 128.3% during the second quarter. Creative Planning now owns 11,220 shares of the company’s stock valued at $1,147,000 after purchasing an additional 6,305 shares during the last quarter. B. Riley Wealth Advisors Inc. lifted its position in Whirlpool by 84.1% during the second quarter. B. Riley Wealth Advisors Inc. now owns 3,926 shares of the company’s stock valued at $401,000 after purchasing an additional 1,793 shares during the last quarter. Truist Financial Corp lifted its position in Whirlpool by 32.7% during the second quarter. Truist Financial Corp now owns 30,674 shares of the company’s stock valued at $3,135,000 after purchasing an additional 7,555 shares during the last quarter. Finally, Advisory Alpha LLC lifted its position in Whirlpool by 14.8% during the second quarter. Advisory Alpha LLC now owns 2,028 shares of the company’s stock valued at $207,000 after purchasing an additional 261 shares during the last quarter. Institutional investors own 90.78% of the company’s stock.

Whirlpool Trading Down 16.4 %

Shares of WHR opened at $108.44 on Friday. Whirlpool Co. has a 1-year low of $84.18 and a 1-year high of $135.49. The company has a 50-day moving average of $119.24 and a 200 day moving average of $108.40. The firm has a market capitalization of $5.98 billion, a price-to-earnings ratio of 10.69 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.

Whirlpool (NYSE:WHR) last announced its quarterly earnings data on Wednesday, January 29th. The company reported $4.57 earnings per share for the quarter, beating analysts’ consensus estimates of $4.26 by $0.31. Whirlpool had a net margin of 3.19% and a return on equity of 21.41%. During the same quarter last year, the business posted $3.85 earnings per share. On average, research analysts expect that Whirlpool Co. will post 12.31 EPS for the current year.

Analyst Ratings Changes

Several research firms have recently issued reports on WHR. Royal Bank of Canada lowered 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. StockNews.com upgraded shares of Whirlpool from a “sell” rating to a “hold” rating in a report on Tuesday, January 21st. Bank of America raised their target price on shares of Whirlpool from $101.00 to $103.00 and gave the stock an “underperform” rating in a report on Friday, October 25th. JPMorgan Chase & Co. raised their target price on shares of Whirlpool from $103.00 to $109.00 and gave the stock a “neutral” rating in a report on Tuesday, October 29th. Finally, The Goldman Sachs Group raised their target price on shares of 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 assigned a hold rating and two have given a buy rating to the stock. According to data from MarketBeat, Whirlpool has a consensus rating of “Hold” and an average target price of $112.80.

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.