David Tepper Continues to Invest Heavily in China and an American Appliance Manufacturer
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 14 2025
0mins
Should l Buy WHR?
Source: MarketWatch
David Tepper's Investment Moves: Investor David Tepper has reduced his stake in Alibaba while maintaining a significant investment in Chinese stocks.
Acquisition of Whirlpool Shares: Tepper's firm, Appaloosa, purchased 5.5 million shares of the struggling American company Whirlpool during the third quarter.
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Analyst Views on WHR
Wall Street analysts forecast WHR stock price to rise
4 Analyst Rating
0 Buy
2 Hold
2 Sell
Moderate Sell
Current: 54.430
Low
51.00
Averages
64.50
High
78.00
Current: 54.430
Low
51.00
Averages
64.50
High
78.00
About WHR
Whirlpool Corporation is a home appliance company. The Company is a manufacturer of kitchen and laundry appliances. Its segments include Major Domestic Appliances (MDA) North America; MDA Latin America; MDA Asia, and Small Domestic Appliances (SDA) Global. The Company in the United States and Canada, market and distributes home appliances and other consumer products under the Whirlpool, KitchenAid, Maytag, Amana, InSinkErator, JennAir, affresh, Swash, everydrop, and Gladiator brand names to retailers, distributors, and builders, and directly to consumers. In Latin America, the Company produces, market and distributes primarily Consul, Brastemp, Whirlpool, KitchenAid, Acros, Maytag, and Eslabon de Lujo brand names. In Asia, the Company market primarily under the Whirlpool, Elica, Maytag, KitchenAid, and Indesit brand names. In SDA Global, the Company markets the appliances under the KitchenAid brand name to retailers, distributors, and to consumers.
About the author

Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
- Long-term Partnership: Since 1999, Whirlpool has partnered with Habitat for Humanity, donating over $160 million and 260,000 appliances, positively impacting more than 1.1 million people globally, demonstrating its commitment to safe, affordable housing.
- Sustainable Development Support: Through the 'BuildBetter with Whirlpool' program, the company not only donates appliances but also promotes sustainable housing construction nationwide, contributing to changes in over 300 housing policies that benefit approximately 10 million people.
- Commitment to American Manufacturing: As the only major U.S.-based kitchen and laundry appliance manufacturer, Whirlpool has invested $23 billion in manufacturing, labor, and logistics over the past decade, ensuring that about 80% of its products are made in American factories, significantly exceeding the industry average.
- Local Community Support: The Whirlpool Foundation supports Project T in Benton Harbor, Michigan, aimed at revitalizing conditions for working families, reflecting the company's ongoing commitment to American families and communities.
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- Share Sale Details: According to an SEC filing dated February 17, 2026, Appaloosa sold 1,590,000 shares of Whirlpool in the fourth quarter, with an estimated transaction value of $117.38 million, reflecting a $150.23 million decline in the fund's position value due to market price fluctuations.
- Position Percentage Change: Appaloosa's post-trade stake in Whirlpool now represents 4.07% of its reportable AUM, down from 5.85% in the previous quarter, indicating a waning confidence in Whirlpool that may affect future investment decisions.
- Financial Overview: Whirlpool's latest share price stands at $54.04, down 42.02% over the past year and trailing the S&P 500 by 59 percentage points, highlighting the market challenges and financial pressures the company faces.
- Future Outlook and Risks: While management projects a 5% growth in like-for-like sales for 2026, with EPS at $7 and free cash flow at $450 million, the high net debt of $6 billion and market uncertainties keep investors cautious about Whirlpool's future prospects.
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- Industry Leadership: Whirlpool Corporation earned 23 industry honors at the 2026 Kitchen & Bath Industry Show, including the Best in Show award for the KitchenAid® 30-inch Smart Electric Double Wall Oven, highlighting its leadership in consumer-driven innovation.
- Innovative Product Showcase: The event featured cutting-edge solutions from all four brands, including Whirlpool's built-in nugget ice maker and UV clean laundry technology, as well as KitchenAid®'s Live Look in camera and Doneness Detection, showcasing the company's technological advancements in home appliances.
- Market Impact: With approximately $17 billion in annual sales reported in 2024, nearly 90% of which came from the Americas, Whirlpool demonstrates strong market influence and growth potential in the North American sector.
- Recognition of Team Efforts: CMO Shannon Blakely stated that these awards recognize the hard work of Whirlpool's teams, reflecting the company's commitment to improving life at home through thoughtful innovation across its brands.
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- Industry Leadership Recognition: Whirlpool Corporation earned 23 industry honors at the Kitchen & Bath Industry Show in Florida, including the Best of KBIS award for the KitchenAid® 30-inch Smart Electric Double Wall Oven, underscoring its leadership in consumer-driven innovation.
- Innovative Technology Showcase: Cutting-edge products unveiled include the industry's first refrigerator with built-in nugget ice and UV clean laundry technology, demonstrating Whirlpool's commitment to enhancing consumer quality of life through technological advancements.
- Diverse Brand Accolades: Products from KitchenAid, JennAir, Whirlpool, and Maytag received multiple Best in Show awards, indicating Whirlpool's strong competitive edge and market influence across various segments.
- Market Performance and Strategy: With approximately $17 billion in annual sales reported in 2024, nearly 90% from the Americas, Whirlpool's robust performance in the North American market and ongoing commitment to innovation further solidify its position as the last major U.S.-based appliance manufacturer.
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- Updated Sustainability Goals: Whirlpool Corporation's 2025 Corporate Responsibility Impact Report reveals updated greenhouse gas reduction targets for 2030 and a long-term milestone for 2050, showcasing the company's ongoing progress in product efficiency and operational emissions reduction.
- Investment in Innovation: In 2025, Whirlpool made significant investments in product innovation and operational efficiency, launching more efficient appliances that help families save energy and water, thereby enhancing consumer economic benefits and sustainability.
- Historic Emission Commitment: As the first appliance manufacturer to set a global greenhouse gas reduction target, Whirlpool's updated goals establish a 2021 base year, providing a clear roadmap for continued reductions and reinforcing its leadership in corporate responsibility.
- Transparency in Reporting: Whirlpool commits to sharing its progress through annual corporate responsibility reports, ensuring that its emission reduction efforts across operations, products, and supply chains align with the latest science, demonstrating the company's strong commitment to sustainability.
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- New Stock Issue: Whirlpool has introduced a convertible preferred stock issue that offers a yield exceeding 9%.
- Redemption Value Concern: There is a caveat regarding the ultimate redemption value of these securities, which investors should consider.
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