Whirlpool Co. (NYSE:WHR) Shares Sold by Truist Financial Corp

Truist Financial Corp decreased its stake in shares of Whirlpool Co. (NYSE:WHR) by 2.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 21,265 shares of the company’s stock after selling 550 shares during the period. Truist Financial Corp’s holdings in Whirlpool were worth $2,434,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Blue Trust Inc. grew its stake in shares of Whirlpool by 69.1% in the 3rd quarter. Blue Trust Inc. now owns 492 shares of the company’s stock worth $50,000 after purchasing an additional 201 shares during the last quarter. Private Advisor Group LLC grew its stake in shares of Whirlpool by 5.6% in the 3rd quarter. Private Advisor Group LLC now owns 5,381 shares of the company’s stock worth $586,000 after purchasing an additional 284 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. grew its stake in shares of Whirlpool by 11.3% in the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 33,314 shares of the company’s stock worth $3,587,000 after purchasing an additional 3,376 shares during the last quarter. Wealth Enhancement Advisory Services LLC grew its stake in shares of Whirlpool by 24.6% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 10,330 shares of the company’s stock worth $1,105,000 after purchasing an additional 2,037 shares during the last quarter. Finally, State of Alaska Department of Revenue grew its stake in shares of Whirlpool by 7.2% in the 3rd quarter. State of Alaska Department of Revenue now owns 6,397 shares of the company’s stock worth $684,000 after purchasing an additional 430 shares during the last quarter. Institutional investors and hedge funds own 90.78% of the company’s stock.

Whirlpool Stock Performance

Shares of WHR opened at $104.28 on Wednesday. Whirlpool Co. has a one year low of $84.18 and a one year high of $135.49. The company has a 50-day moving average of $114.65 and a two-hundred day moving average of $108.68. The stock has a market cap of $5.78 billion, a price-to-earnings ratio of -17.79 and a beta of 1.43. The company has a debt-to-equity ratio of 1.62, a current ratio of 0.72 and a quick ratio of 0.44.

Whirlpool (NYSE:WHR) last posted its quarterly earnings results on Wednesday, January 29th. The company reported $4.57 EPS for the quarter, topping the consensus estimate of $4.26 by $0.31. Whirlpool had a negative net margin of 1.95% and a positive return on equity of 21.89%. During the same quarter in the previous year, the company earned $3.85 earnings per share. On average, equities research analysts expect that Whirlpool Co. will post 9.52 earnings per share for the current year.

Whirlpool Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Saturday, March 15th. Investors of record on Friday, February 28th will be issued a dividend of $1.75 per share. This represents a $7.00 annualized dividend and a dividend yield of 6.71%. The ex-dividend date is Friday, February 28th. Whirlpool’s dividend payout ratio is currently -119.45%.

Analysts Set New Price Targets

WHR has been the topic of several recent research reports. The Goldman Sachs Group lifted their price objective on shares of Whirlpool from $125.00 to $138.00 and gave the stock a “buy” rating in a research note on Tuesday, January 14th. StockNews.com upgraded shares of Whirlpool from a “sell” rating to a “hold” rating in a report on Tuesday, January 21st. Finally, 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. Two analysts have rated the stock with a sell rating, two have given a hold rating and one has assigned a buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $106.00.

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.