5 Best Home Appliance Stocks to Invest In

4. Whirlpool Corporation (NYSE:WHR)

Number of Hedge Fund Holders: 30

Whirlpool Corporation (NYSE:WHR) is a leading manufacturer and distributor of home appliances and related products and services globally. Its product range includes refrigerators, freezers, ice makers, refrigerator water filters, and laundry appliances, catering to markets across North America, Europe, the Middle East, Africa, Latin America, and Asia.

On April 15, Whirlpool Corporation (NYSE:WHR) announced a quarterly dividend of $1.75 per share for its common stock. This dividend is scheduled to be paid on June 15, 2024, to shareholders of record as of the close of business on May 17, 2024.

According to data from Insider Monkey’s fourth-quarter database, investor sentiment towards Whirlpool Corporation (NYSE:WHR) improved, with 30 hedge funds showing bullish positions compared to 22 funds in the previous quarter. Lyrical Asset Management, led by Andrew Wellington and Jeff Keswin, held the largest stake in the company, with 1.03 million shares valued at $125.69 million.