Calamos Advisors LLC raised its stake in Whirlpool Corp. (NYSE:WHR) by 0.0% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 77,133 shares of the company’s stock after buying an additional 3 shares during the period. Calamos Advisors LLC’s holdings in Whirlpool Corp. were worth $12,853,000 as of its most recent filing with the SEC.
Several other large investors have also modified their holdings of the company. Geode Capital Management LLC raised its stake in shares of Whirlpool Corp. by 1.0% in the first quarter. Geode Capital Management LLC now owns 629,731 shares of the company’s stock valued at $113,334,000 after buying an additional 6,113 shares during the period. A.R.T. Advisors LLC acquired a new stake in shares of Whirlpool Corp. during the first quarter valued at $889,000. Baker Ellis Asset Management LLC raised its stake in shares of Whirlpool Corp. by 3.5% in the first quarter. Baker Ellis Asset Management LLC now owns 5,970 shares of the company’s stock valued at $1,077,000 after buying an additional 200 shares during the period. Kennedy Capital Management Inc. raised its stake in shares of Whirlpool Corp. by 13.3% in the first quarter. Kennedy Capital Management Inc. now owns 54,354 shares of the company’s stock valued at $9,802,000 after buying an additional 6,384 shares during the period. Finally, Lazard Asset Management LLC acquired a new stake in shares of Whirlpool Corp. during the first quarter valued at $182,000. 89.59% of the stock is currently owned by institutional investors and hedge funds.
Shares of Whirlpool Corp. (NYSE:WHR) traded down 1.20% on Thursday, hitting $160.35. The company’s stock had a trading volume of 588,479 shares. Whirlpool Corp. has a 1-year low of $123.60 and a 1-year high of $194.10. The company has a 50 day moving average of $173.92 and a 200 day moving average of $176.77. The firm has a market cap of $12.10 billion, a PE ratio of 14.21 and a beta of 1.71.
Whirlpool Corp. (NYSE:WHR) last issued its earnings results on Friday, July 22nd. The company reported $3.50 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $3.37 by $0.13. Whirlpool Corp. had a return on equity of 18.68% and a net margin of 4.29%. The company earned $5.21 billion during the quarter, compared to the consensus estimate of $5.13 billion. During the same quarter in the prior year, the business earned $2.70 earnings per share. The company’s revenue was down .2% compared to the same quarter last year. Equities analysts forecast that Whirlpool Corp. will post $14.69 EPS for the current year.
The business also recently announced a quarterly dividend, which was paid on Thursday, September 15th. Stockholders of record on Friday, August 26th were given a $1.00 dividend. This represents a $4.00 annualized dividend and a dividend yield of 2.49%. The ex-dividend date was Wednesday, August 24th. Whirlpool Corp.’s payout ratio is 35.40%.
Several equities research analysts have recently weighed in on WHR shares. Gabelli lowered Whirlpool Corp. from a “buy” rating to a “hold” rating in a research report on Monday, September 12th. Bank of America Corp. reissued a “buy” rating and set a $230.00 target price on shares of Whirlpool Corp. in a research report on Wednesday, June 8th. MKM Partners raised their target price on Whirlpool Corp. from $204.00 to $215.00 and gave the stock a “buy” rating in a research report on Monday, July 25th. Raymond James Financial Inc. raised Whirlpool Corp. from a “market perform” rating to a “strong-buy” rating and set a $185.00 target price on the stock in a research report on Monday, July 25th. Finally, Zacks Investment Research raised Whirlpool Corp. from a “hold” rating to a “buy” rating and set a $173.00 price target on the stock in a research report on Wednesday, June 29th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating, four have assigned a buy rating and one has given a strong buy rating to the stock. The stock presently has an average rating of “Buy” and an average target price of $198.50.
In related news, insider Marc R. Bitzer sold 1,012 shares of the stock in a transaction dated Tuesday, August 2nd. The stock was sold at an average price of $190.00, for a total value of $192,280.00. Following the completion of the transaction, the insider now owns 1,012 shares of the company’s stock, valued at $192,280. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Joao Carlos Brega sold 14,166 shares of the stock in a transaction dated Monday, August 1st. The shares were sold at an average price of $193.43, for a total value of $2,740,129.38. Following the completion of the transaction, the insider now directly owns 29,043 shares of the company’s stock, valued at approximately $5,617,787.49. The disclosure for this sale can be found here. 2.62% of the stock is owned by insiders.
Whirlpool Corp. Company Profile
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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