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Whirlpool Stock Sinks 37% in a Year — and This Fund Just Trimmed Its Holdings
Yahoo Finance· 2025-11-19 16:37
Core Viewpoint - Financial Sense Advisors has significantly reduced its stake in Whirlpool, indicating a cautious approach towards the consumer durables sector amid mixed fundamentals and a depressed share price [2][3][9]. Company Overview - Whirlpool Corporation is a leading global manufacturer of home appliances, with a diverse brand portfolio including Whirlpool, Maytag, KitchenAid, and JennAir [6]. - The company operates across North America, EMEA, Latin America, and Asia, leveraging an extensive distribution network [6]. Financial Performance - For the trailing twelve months (TTM), Whirlpool reported revenue of $15.6 billion and a net income of -$182 million [5]. - The company has a dividend yield of 5% and its share price as of Wednesday was $68.99, reflecting a 37% decline over the past year [4][5]. - In the third quarter, Whirlpool experienced a year-over-year revenue growth of 1%, but GAAP earnings per share fell by 36% to $1.29, with segment profitability weakening across all regions [10]. Recent Developments - Financial Sense Advisors sold 62,238 shares of Whirlpool in the third quarter, reducing its position from 96,453 shares to 34,215 shares, resulting in a decrease in value of approximately $7.1 million [2][3][7]. - Following the sale, Whirlpool now represents 0.5% of Financial Sense's $586.7 million in reportable assets [3]. Market Context - Whirlpool's stock is down more than 70% from its 2021 highs, suggesting ongoing challenges in the market [9]. - The company is navigating issues such as tariffs, foreign competition's inventory pre-loading, and volatile demand, which are critical for its recovery [10].