Edmp Inc. Raises Stock Position in Whirlpool Co. (NYSE:WHR)

Edmp Inc. grew its position in Whirlpool Co. (NYSE:WHR) by 3.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 16,512 shares of the company’s stock after buying an additional 608 shares during the period. Whirlpool accounts for approximately 1.8% of Edmp Inc.’s investment portfolio, making the stock its 19th largest position. Edmp Inc.’s holdings in Whirlpool were worth $1,890,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in WHR. Focus Financial Network Inc. raised its position in Whirlpool by 78.9% in the fourth quarter. Focus Financial Network Inc. now owns 5,182 shares of the company’s stock valued at $593,000 after purchasing an additional 2,285 shares during the period. MADDEN SECURITIES Corp raised its position in Whirlpool by 28.7% in the fourth quarter. MADDEN SECURITIES Corp now owns 8,070 shares of the company’s stock valued at $924,000 after purchasing an additional 1,800 shares during the period. Savant Capital LLC lifted its stake in Whirlpool by 3.8% during the fourth quarter. Savant Capital LLC now owns 2,406 shares of the company’s stock worth $275,000 after purchasing an additional 89 shares in the last quarter. Angeles Wealth Management LLC purchased a new stake in shares of Whirlpool in the 4th quarter valued at $414,000. Finally, WCM Investment Management LLC acquired a new position in Whirlpool in the 4th quarter valued at about $452,000. Institutional investors and hedge funds own 90.78% of the company’s stock.

Whirlpool Stock Down 1.1 %

Whirlpool stock opened at $100.68 on Tuesday. The stock’s fifty day moving average is $117.88 and its two-hundred day moving average is $108.24. Whirlpool Co. has a 1-year low of $84.18 and a 1-year high of $135.49. The company has a debt-to-equity ratio of 1.62, a quick ratio of 0.44 and a current ratio of 0.72.

Whirlpool (NYSE:WHR) last posted its earnings results on Wednesday, January 29th. The company reported $4.57 earnings per share for the quarter, topping the consensus estimate of $4.26 by $0.31. Whirlpool had a positive return on equity of 21.89% and a negative net margin of 1.95%. During the same quarter in the previous year, the business earned $3.85 earnings per share. On average, equities research analysts anticipate that Whirlpool Co. will post 9.51 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several analysts have recently issued reports on WHR shares. Bank of America increased their price target 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. StockNews.com raised shares of Whirlpool from a “sell” rating to a “hold” rating in a research report on Tuesday, January 21st. JPMorgan Chase & Co. upped their price objective on 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 Whirlpool from $76.00 to $74.00 and set an “underperform” rating for the company in a report on Friday, October 25th. Finally, The Goldman Sachs Group upped their price target on Whirlpool from $125.00 to $138.00 and gave the stock a “buy” rating in a report on Tuesday, January 14th. Two analysts have rated the stock with a sell rating, two have issued a hold rating and two have given a buy rating to the company’s stock. According to MarketBeat.com, Whirlpool has an average rating of “Hold” and an average target price of $112.80.

Whirlpool 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.