GAMMA Investing LLC Raises Stock Holdings in Whirlpool Co. (NYSE:WHR)

GAMMA Investing LLC grew its holdings in Whirlpool Co. (NYSE:WHR) by 323.1% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 275 shares of the company’s stock after buying an additional 210 shares during the quarter. GAMMA Investing LLC’s holdings in Whirlpool were worth $31,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in the business. Dimensional Fund Advisors LP grew its position in shares of Whirlpool by 46.8% in the second quarter. Dimensional Fund Advisors LP now owns 981,472 shares of the company’s stock valued at $100,304,000 after purchasing an additional 312,729 shares during the period. RWWM Inc. acquired a new stake in Whirlpool in the 2nd quarter worth about $30,174,000. Newport Trust Company LLC increased its stake in Whirlpool by 23.8% during the 2nd quarter. Newport Trust Company LLC now owns 1,402,941 shares of the company’s stock worth $143,381,000 after buying an additional 269,976 shares in the last quarter. AQR Capital Management LLC raised its holdings in shares of Whirlpool by 240.9% during the second quarter. AQR Capital Management LLC now owns 375,613 shares of the company’s stock valued at $38,125,000 after acquiring an additional 265,418 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. lifted its position in shares of Whirlpool by 14.7% in the third quarter. Charles Schwab Investment Management Inc. now owns 2,019,569 shares of the company’s stock valued at $216,094,000 after acquiring an additional 258,871 shares in the last quarter. 90.78% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities analysts have recently weighed in on the stock. StockNews.com downgraded shares of Whirlpool from a “hold” rating to a “sell” rating in a research note on Monday. 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 research note on Tuesday. Bank of America upped their price target on Whirlpool from $101.00 to $103.00 and gave the company an “underperform” rating in a research report on Friday, October 25th. Royal Bank of Canada reduced their price objective on Whirlpool from $76.00 to $74.00 and set an “underperform” rating on the stock in a research report on Friday, October 25th. Finally, JPMorgan Chase & Co. upped their target price on Whirlpool from $103.00 to $109.00 and gave the company a “neutral” rating in a report on Tuesday, October 29th. Three equities research analysts have rated the stock with a sell rating, one has issued a hold rating and two have given a buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $112.80.

Insider Buying and Selling at Whirlpool

In other Whirlpool news, CFO James W. Peters sold 6,000 shares of Whirlpool stock in a transaction dated Monday, October 28th. The stock was sold at an average price of $104.48, for a total value of $626,880.00. Following the completion of the sale, the chief financial officer now owns 41,570 shares in the company, valued at $4,343,233.60. The trade was a 12.61 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Insiders own 2.05% of the company’s stock.

Whirlpool Trading Up 4.6 %

Shares of WHR stock opened at $126.24 on Wednesday. The company has a market capitalization of $6.96 billion, a P/E ratio of 12.45 and a beta of 1.44. The company has a current ratio of 0.94, a quick ratio of 0.55 and a debt-to-equity ratio of 1.94. The business’s 50 day moving average is $114.83 and its two-hundred day moving average is $106.27. Whirlpool Co. has a twelve month low of $84.18 and a twelve month high of $127.69.

Whirlpool (NYSE:WHR) last posted its quarterly earnings results on Wednesday, October 23rd. The company reported $3.43 EPS for the quarter, beating the consensus estimate of $2.99 by $0.44. Whirlpool had a return on equity of 21.41% and a net margin of 3.19%. The business had revenue of $3.99 billion during the quarter, compared to analysts’ expectations of $4.09 billion. During the same period last year, the firm earned $5.45 EPS. The company’s quarterly revenue was down 18.9% compared to the same quarter last year. Equities analysts forecast that Whirlpool Co. will post 12.27 EPS for the current year.

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.