Five Consumer Durable Stocks Hedge Funds Are Bullish On

Tempur Sealy International Inc (NYSE:TPX)

– Number of Hedge Fund Shareholders (as of June 30): 37

– Total Value of Hedge Funds’ Holdings (as of June 30): $1.15 billion

– Hedge Funds’ Holdings as Percent of Float (as of June 30): 34.40%

Hedge funds showed increased interest towards the Kentucky-based bedding company Tempur Sealy International Inc (NYSE:TPX) in the June quarter amid a rise in the housing market. Among the investors we track, 37 funds were long Tempur Sealy International Inc (NYSE:TPX) at the end of June, up from 33 funds a quarter earlier. Tempur Sealy’s shares are up by 30% in the past month, and have gained over 11% year-to-date. For the second quarter, Tempur Sealy International Inc (NYSE:TPX) reported EPS of $0.92 on revenue of $804.4 million, crushing the estimates of $0.69 EPS on $785.4 million revenue. For the full year, Tempur Sealy expects adjusted EBITDA to come in between $525 million and $550 million.

Whirlpool Corporation (NYSE:WHR)

– Number of Hedge Fund Shareholders (as of June 30): 37

– Total Value of Hedge Funds’ Holdings (as of June 30): $1.71 billion

– Hedge Funds’ Holdings as Percent of Float (as of June 30): 13.50%

A total of 37 funds tracked by Insider Monkey held shares of the Michigan-based home appliance company Whirlpool Corporation (NYSE:WHR) at the end of the second quarter. The stock is up by over 23% so far this year. Whirlpool Corporation earned $3.50 per share on $5.21 billion revenue in the second quarter, better than analysts’ forecasts of $3.37 in EPS and $5.13 billion in revenue. For the full fiscal 2016, Whirlpool expects EPS of $14.25 to $14.75, versus the consensus estimate of $14.69. Edgar Wachenheim’s Greenhaven Associates owns around 2.62 million shares of Whirlpool Corporation (NYSE:WHR).

Graphic Packaging Holding Company (NYSE:GPK)

– Number of Hedge Fund Shareholders (as of June 30): 36

– Total Value of Hedge Funds’ Holdings (as of June 30): $1.04 billion

– Hedge Funds’ Holdings as Percent of Float (as of June 30): 25.80%

According to the latest 13F data, 36 funds tracked by us held $1.04 billion worth of Graphic Packaging Holding Company (NYSE:GPK)’s shares at the end of the June. The stock is up by over 12% since the start of the year. Graphic Packaging Holding Company (NYSE:GPK) hit a new 52-week high of $14.64 last week. The company recently declared a quarterly dividend of $0.05 per share, which will be payable on October 5. In the second quarter, Graphic Packaging Holding Company (NYSE:GPK) earned $0.19 per share on $1.1 billion, in-line with the analysts’ estimates.

 Disclosure: None