SCHEDULE 13G: FMR LLC & Abigail Johnson Boost Whirlpool Stake to 7.3%
Beneficial Ownership Report
FMR LLC and Abigail P. Johnson have jointly reported beneficial ownership of 7.3% of Whirlpool Corp's common stock as of June 30, 2025.
Summary
- FMR LLC and Abigail P. Johnson, as reporting persons, have filed a Schedule 13G indicating their beneficial ownership in Whirlpool Corp.
- As of June 30, 2025, the aggregate amount beneficially owned by each reporting person is 4,038,376.93 shares of Whirlpool Corp's common stock.
- This represents 7.3% of the total outstanding common stock of Whirlpool Corp.
- FMR LLC holds sole voting power over 2,741,321.48 shares and sole dispositive power over 4,038,376.93 shares.
- Abigail P. Johnson holds sole dispositive power over 4,038,376.93 shares, with no sole or shared voting power directly attributed.
- The securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of Whirlpool Corp.
- Abigail P. Johnson is the Director, Chairman, and Chief Executive Officer of FMR LLC.
- Members of the Johnson family, including Abigail P. Johnson, are the predominant owners of Series B voting common shares of FMR LLC, representing 49% of the voting power.
- A shareholders' voting agreement ensures all Series B voting common shares are voted in accordance with the majority vote of Series B shares.
- The Johnson family group may be deemed a controlling group with respect to FMR LLC under the Investment Company Act of 1940.
Sentiment
Score: 5
Explanation: The filing is a factual disclosure of beneficial ownership, which is neutral in sentiment. It indicates a significant, but non-controlling, stake by a major institutional investor.
Risks
- The Johnson family group, through their ownership of voting common shares and a shareholders' voting agreement, may be deemed a controlling group with respect to FMR LLC under the Investment Company Act of 1940, which could imply concentrated control over the reporting entity.
Future Outlook
NA
Industry Context
This filing is a standard disclosure of beneficial ownership by a large institutional investor and its principal, FMR LLC and Abigail P. Johnson, in a publicly traded company, Whirlpool Corp. It reflects a significant, but passive, investment stake, common for asset management firms.
Stakeholder Impact
- Shareholders: Provides transparency regarding significant institutional ownership in Whirlpool Corp, indicating a notable investment by FMR LLC and Abigail P. Johnson.
Key Dates
| Date | Description |
|---|---|
| 2023-05-23 | Effective date of Power of Attorney for Richard Bourgelas to sign on behalf of FMR LLC and Abigail P. Johnson. |
| 2023-08-08 | Date of Schedule 13G filing by FMR LLC where the Power of Attorney (Exhibit 24) was incorporated by reference. |
| 2025-06-30 | Date of event which requires filing of this statement (ownership determination date). |
| 2025-08-05 | Date of signing and filing of this Schedule 13G. |
Keywords
Whirlpool Corp, FMR LLC, Abigail P. Johnson, Beneficial Ownership, Schedule 13G, Common Stock, Institutional Ownership, Investment Management, SEC Filing
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