Newell Brands Inc. (NASDAQ:NWL) Given Consensus Rating of “Hold” by Brokerages

Shares of Newell Brands Inc. (NASDAQ:NWL) have been given an average rating of “Hold” by the ten brokerages that are currently covering the company, MarketBeat reports. One analyst has rated the stock with a sell rating, five have given a hold rating and four have given a buy rating to the company. The average 1 year price objective among analysts that have covered the stock in the last year is $6.1111.

A number of equities research analysts have recently weighed in on NWL shares. Canaccord Genuity Group lifted their price objective on Newell Brands from $7.00 to $8.00 and gave the company a “buy” rating in a research note on Monday, January 26th. UBS Group restated a “neutral” rating and set a $5.00 target price on shares of Newell Brands in a report on Monday, February 9th. Citigroup lifted their target price on Newell Brands from $4.25 to $5.00 and gave the company a “neutral” rating in a research report on Monday, February 9th. Weiss Ratings reissued a “sell (d)” rating on shares of Newell Brands in a research report on Monday, December 29th. Finally, Morgan Stanley raised their price objective on shares of Newell Brands from $4.25 to $4.50 and gave the company an “equal weight” rating in a research note on Tuesday, February 10th.

Hedge Funds Weigh In On Newell Brands

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. AQR Capital Management LLC grew its stake in shares of Newell Brands by 197.8% in the fourth quarter. AQR Capital Management LLC now owns 21,166,902 shares of the company’s stock worth $78,741,000 after acquiring an additional 14,059,209 shares in the last quarter. Rubric Capital Management LP acquired a new stake in shares of Newell Brands in the third quarter valued at $68,120,000. Cooper Creek Partners Management LLC boosted its holdings in Newell Brands by 48.8% in the second quarter. Cooper Creek Partners Management LLC now owns 25,985,548 shares of the company’s stock valued at $140,322,000 after purchasing an additional 8,526,698 shares during the period. Candlestick Capital Management LP purchased a new position in Newell Brands in the third quarter valued at $31,786,000. Finally, Norges Bank purchased a new position in Newell Brands in the second quarter valued at $20,196,000. Hedge funds and other institutional investors own 92.50% of the company’s stock.

Newell Brands Stock Performance

NASDAQ:NWL opened at $3.40 on Friday. Newell Brands has a fifty-two week low of $3.07 and a fifty-two week high of $6.64. The company has a debt-to-equity ratio of 1.90, a quick ratio of 0.57 and a current ratio of 1.07. The company has a 50 day moving average price of $4.27 and a 200 day moving average price of $4.29. The stock has a market capitalization of $1.43 billion, a P/E ratio of -5.00 and a beta of 0.91.

Newell Brands (NASDAQ:NWL) last announced its earnings results on Friday, February 6th. The company reported $0.18 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.18. Newell Brands had a positive return on equity of 9.17% and a negative net margin of 3.96%.The company had revenue of $1.90 billion for the quarter, compared to analyst estimates of $1.88 billion. During the same quarter in the previous year, the company earned $0.16 earnings per share. The firm’s quarterly revenue was down 2.7% compared to the same quarter last year. Newell Brands has set its Q1 2026 guidance at -0.120–0.080 EPS. Equities research analysts forecast that Newell Brands will post 0.72 EPS for the current year.

Newell Brands Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 13th. Shareholders of record on Friday, February 27th were issued a dividend of $0.07 per share. The ex-dividend date was Friday, February 27th. This represents a $0.28 dividend on an annualized basis and a yield of 8.2%. Newell Brands’s dividend payout ratio is -41.18%.

About Newell Brands

Newell Brands Inc, trading on NASDAQ under the ticker NWL, is a global consumer goods company known for its diverse portfolio of household, commercial, and specialty products. Formed through the merger of Newell Rubbermaid and Jarden Corporation in 2016, the company traces its roots back to Newell Manufacturing, which was founded in 1903. Headquartered in Atlanta, Georgia, Newell Brands has built a reputation for widely recognized brands spanning multiple consumer categories.

The company’s business activities are organized across several segments, including writing and creative expression, home solutions, commercial products, and outdoor recreation.