Robeco Institutional Asset Management B.V. Purchases 15,003 Shares of Whirlpool Co. (NYSE:WHR)

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Robeco Institutional Asset Management B.V. boosted its position in shares of Whirlpool Co. (NYSE:WHR) by 269.6% in the second quarter, Holdings Channel.com reports. The firm owned 20,568 shares of the company’s stock after acquiring an additional 15,003 shares during the period. Robeco Institutional Asset Management B.V.’s holdings in Whirlpool were worth $2,927,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in WHR. Geode Capital Management LLC increased its position in shares of Whirlpool by 7.2% during the fourth quarter. Geode Capital Management LLC now owns 857,618 shares of the company’s stock worth $91,496,000 after acquiring an additional 57,356 shares in the last quarter. Two Sigma Advisers LP purchased a new position in Whirlpool in the fourth quarter worth about $1,614,000. Municipal Employees Retirement System of Michigan purchased a new position in Whirlpool in the fourth quarter worth about $202,000. FMR LLC raised its holdings in Whirlpool by 487.1% in the fourth quarter. FMR LLC now owns 307,712 shares of the company’s stock worth $32,885,000 after buying an additional 255,304 shares during the last quarter. Finally, Deutsche Bank AG raised its holdings in Whirlpool by 64.9% in the fourth quarter. Deutsche Bank AG now owns 164,389 shares of the company’s stock worth $17,563,000 after buying an additional 64,722 shares during the last quarter. Hedge funds and other institutional investors own 93.80% of the company’s stock.

Shares of WHR stock traded up $2.91 during trading hours on Thursday, reaching $141.44. The company had a trading volume of 5,388 shares, compared to its average volume of 939,471. The business has a fifty day moving average of $143.76. Whirlpool Co. has a one year low of $99.40 and a one year high of $152.50. The firm has a market capitalization of $8.46 billion, a price-to-earnings ratio of 9.32, a PEG ratio of 1.62 and a beta of 1.83. The company has a current ratio of 0.84, a quick ratio of 0.54 and a debt-to-equity ratio of 1.31.

Whirlpool (NYSE:WHR) last announced its quarterly earnings results on Monday, July 22nd. The company reported $4.01 EPS for the quarter, topping analysts’ consensus estimates of $3.80 by $0.21. Whirlpool had a net margin of 4.39% and a return on equity of 30.55%. The firm had revenue of $5.20 billion during the quarter, compared to analyst estimates of $5.03 billion. During the same period in the previous year, the business posted $3.20 earnings per share. The business’s revenue for the quarter was up 1.2% on a year-over-year basis. As a group, research analysts anticipate that Whirlpool Co. will post 15.15 earnings per share for the current fiscal year.

Several research analysts have issued reports on the stock. Longbow Research set a $178.00 target price on shares of Whirlpool and gave the stock a “buy” rating in a report on Friday, August 2nd. Gabelli reaffirmed a “hold” rating on shares of Whirlpool in a report on Wednesday, July 24th. Zacks Investment Research cut shares of Whirlpool from a “hold” rating to a “sell” rating in a report on Saturday, April 27th. Buckingham Research lifted their price target on shares of Whirlpool from $135.00 to $150.00 and gave the stock a “neutral” rating in a research note on Wednesday, July 17th. Finally, ValuEngine lowered shares of Whirlpool from a “sell” rating to a “strong sell” rating in a research note on Thursday, August 1st. Four research analysts have rated the stock with a sell rating, seven have issued a hold rating and one has given a buy rating to the company’s stock. Whirlpool currently has a consensus rating of “Hold” and an average target price of $140.09.

In other news, CFO James W. Peters sold 650 shares of Whirlpool stock in a transaction that occurred on Thursday, August 1st. The shares were sold at an average price of $146.51, for a total value of $95,231.50. Following the completion of the sale, the chief financial officer now directly owns 18,569 shares in the company, valued at $2,720,544.19. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 0.91% of the company’s stock.

Whirlpool Company Profile

Whirlpool Corporation manufactures and markets home appliances and related products. It operates through four segments: North America; Europe, Middle East and Africa; Latin America; and Asia. The company's principal products include refrigerators, freezers, ice makers, and refrigerator water filters; laundry appliances and related laundry accessories; cooking appliances and other small domestic appliances; and dishwasher appliances and related accessories.

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Institutional Ownership by Quarter for Whirlpool (NYSE:WHR)

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