Retirement Systems of Alabama Purchases 363 Shares of Whirlpool Co. (NYSE:WHR)

Retirement Systems of Alabama grew its holdings in shares of Whirlpool Co. (NYSE:WHR) by 0.5% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 67,046 shares of the company’s stock after buying an additional 363 shares during the period. Retirement Systems of Alabama’s holdings in Whirlpool were worth $7,675,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Charles Schwab Investment Management Inc. lifted its position in Whirlpool by 14.7% during 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 buying an additional 258,871 shares during the period. State Street Corp increased its position in shares of Whirlpool by 1.0% during the third quarter. State Street Corp now owns 1,650,386 shares of the company’s stock valued at $176,591,000 after acquiring an additional 15,752 shares in the last quarter. HighTower Advisors LLC raised its stake in shares of Whirlpool by 1.9% in the third quarter. HighTower Advisors LLC now owns 1,033,263 shares of the company’s stock worth $110,567,000 after purchasing an additional 18,936 shares during the last quarter. Geode Capital Management LLC lifted its stake in Whirlpool by 1.3% during the 3rd quarter. Geode Capital Management LLC now owns 903,166 shares of the company’s stock valued at $96,664,000 after acquiring an additional 11,766 shares during the period. Finally, Stifel Financial Corp lifted its position in Whirlpool by 1.4% during the third quarter. Stifel Financial Corp now owns 440,175 shares of the company’s stock valued at $47,099,000 after purchasing an additional 6,049 shares during the period. 90.78% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on WHR shares. JPMorgan Chase & Co. boosted their price target on Whirlpool from $103.00 to $109.00 and gave the company a “neutral” rating in a research note on Tuesday, October 29th. The Goldman Sachs Group boosted their price objective on Whirlpool from $125.00 to $138.00 and gave the company a “buy” rating in a research note on Tuesday, January 14th. 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 note 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 raised their price objective on shares of Whirlpool from $101.00 to $103.00 and gave the company an “underperform” rating in a research report on Friday, October 25th. 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 data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $112.80.

Whirlpool Trading Down 1.0 %

Shares of WHR opened at $101.81 on Monday. Whirlpool Co. has a 1 year low of $84.18 and a 1 year high of $135.49. The company has a 50 day simple moving average of $117.88 and a two-hundred day simple moving average of $108.18. The company has a debt-to-equity ratio of 1.62, a current ratio of 0.72 and a quick ratio of 0.44. The firm has a market cap of $5.61 billion, a P/E ratio of -17.37 and a beta of 1.43.

Whirlpool (NYSE:WHR) last announced its quarterly earnings results on Wednesday, January 29th. The company reported $4.57 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 period in the prior year, the company posted $3.85 EPS. On average, equities analysts expect that Whirlpool Co. will post 9.51 earnings per share for the current fiscal year.

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.