Whirlpool (NYSE:WHR) Sets New 1-Year High – What’s Next?

Whirlpool Co. (NYSE:WHR) shares reached a new 52-week high during trading on Monday . The stock traded as high as $135.12 and last traded at $135.23, with a volume of 172245 shares. The stock had previously closed at $132.07.

Wall Street Analyst Weigh In

Several research firms recently commented on WHR. The Goldman Sachs Group raised their price objective on shares of Whirlpool from $125.00 to $138.00 and gave the stock a “buy” rating in a report on Tuesday, January 14th. JPMorgan Chase & Co. lifted their target price on shares of Whirlpool from $103.00 to $109.00 and gave the stock a “neutral” rating in a research report on Tuesday, October 29th. Royal Bank of Canada decreased their target price on shares of Whirlpool from $76.00 to $74.00 and set an “underperform” rating on the stock in a research report on Friday, October 25th. StockNews.com upgraded shares of Whirlpool from a “sell” rating to a “hold” rating in a research report on Tuesday, January 21st. Finally, Bank of America lifted their target price on shares of Whirlpool from $101.00 to $103.00 and gave the stock an “underperform” rating in a research report on Friday, October 25th. Two investment analysts have rated the stock with a sell rating, two have assigned a hold rating and two have given a buy rating to the company. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $112.80.

Whirlpool Price Performance

The company has a quick ratio of 0.55, a current ratio of 0.94 and a debt-to-equity ratio of 1.94. The business’s 50-day simple moving average is $117.96 and its 200-day simple moving average is $107.89. The stock has a market cap of $7.37 billion, a PE ratio of 13.20 and a beta of 1.44.

Hedge Funds Weigh In On Whirlpool

Several hedge funds and other institutional investors have recently modified their holdings of WHR. Brown Lisle Cummings Inc. bought a new position in shares of Whirlpool in the fourth quarter worth approximately $27,000. GAMMA Investing LLC increased its stake in shares of Whirlpool by 323.1% in the fourth quarter. GAMMA Investing LLC now owns 275 shares of the company’s stock worth $31,000 after purchasing an additional 210 shares in the last quarter. Legend Financial Advisors Inc. purchased a new stake in shares of Whirlpool in the fourth quarter worth $34,000. HHM Wealth Advisors LLC boosted its position in shares of Whirlpool by 216.0% during the fourth quarter. HHM Wealth Advisors LLC now owns 316 shares of the company’s stock worth $36,000 after acquiring an additional 216 shares during the last quarter. Finally, UMB Bank n.a. boosted its position in shares of Whirlpool by 56.4% during the fourth quarter. UMB Bank n.a. now owns 319 shares of the company’s stock worth $37,000 after acquiring an additional 115 shares during the last quarter. Hedge funds and other institutional investors own 90.78% of the company’s stock.

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.