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

Newell Brands Inc. (NASDAQ:NWL) has earned an average rating of “Hold” from the ten ratings firms that are currently covering the company, Marketbeat Ratings reports. Two investment analysts have rated the stock with a sell recommendation, five have assigned a hold recommendation and three have given a buy recommendation to the company. The average 1 year price target among brokers that have issued ratings on the stock in the last year is $4.9444.

Several equities analysts have recently commented on the company. Canaccord Genuity Group increased their target price on Newell Brands from $8.00 to $9.00 and gave the company a “buy” rating in a research note on Thursday, April 16th. UBS Group increased their target price on Newell Brands from $3.75 to $4.25 and gave the company a “neutral” rating in a research note on Monday, May 4th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Newell Brands in a research note on Friday, May 15th. Morgan Stanley cut Newell Brands from an “equal weight” rating to an “underweight” rating and reduced their target price for the company from $4.00 to $3.50 in a research note on Wednesday, May 20th. Finally, Deutsche Bank Aktiengesellschaft reduced their target price on Newell Brands from $5.00 to $3.00 and set a “hold” rating for the company in a research note on Monday, March 30th.

Newell Brands Stock Performance

Newell Brands stock opened at $4.48 on Thursday. The stock has a market cap of $1.90 billion, a P/E ratio of -6.69, a price-to-earnings-growth ratio of 5.42 and a beta of 1.01. The company has a current ratio of 1.04, a quick ratio of 0.51 and a debt-to-equity ratio of 1.94. The stock has a 50 day moving average of $3.90 and a 200-day moving average of $4.00. Newell Brands has a 52 week low of $3.07 and a 52 week high of $6.64.

Newell Brands (NASDAQ:NWL) last released its earnings results on Friday, May 1st. The company reported ($0.05) EPS for the quarter, beating the consensus estimate of ($0.09) by $0.04. The company had revenue of $1.55 billion during the quarter, compared to analysts’ expectations of $1.51 billion. Newell Brands had a positive return on equity of 8.89% and a negative net margin of 3.91%.The business’s revenue was down 1.1% on a year-over-year basis. During the same period in the prior year, the business posted ($0.01) EPS. Newell Brands has set its FY 2026 guidance at 0.560-0.600 EPS and its Q2 2026 guidance at 0.160-0.190 EPS. On average, analysts expect that Newell Brands will post 0.57 EPS for the current fiscal year.

Newell Brands Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 15th. Investors of record on Friday, May 29th will be paid a dividend of $0.07 per share. The ex-dividend date is Friday, May 29th. This represents a $0.28 annualized dividend and a yield of 6.3%. Newell Brands’s dividend payout ratio (DPR) is -41.79%.

Insider Buying and Selling

In related news, insider Kristine Kay Malkoski sold 10,850 shares of the firm’s stock in a transaction on Wednesday, May 27th. The stock was sold at an average price of $3.65, for a total transaction of $39,602.50. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, insider Bradford R. Turner sold 100,000 shares of the firm’s stock in a transaction on Friday, May 22nd. The stock was sold at an average price of $3.60, for a total value of $360,000.00. Following the transaction, the insider owned 464,449 shares in the company, valued at $1,672,016.40. This trade represents a 17.72% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 202,750 shares of company stock worth $812,397 over the last ninety days. 1.64% of the stock is owned by insiders.

Hedge Funds Weigh In On Newell Brands

Several large investors have recently added to or reduced their stakes in the company. California State Teachers Retirement System lifted its stake in Newell Brands by 0.6% during the second quarter. California State Teachers Retirement System now owns 384,848 shares of the company’s stock worth $2,078,000 after purchasing an additional 2,108 shares during the last quarter. The Manufacturers Life Insurance Company boosted its holdings in shares of Newell Brands by 2.8% during the fourth quarter. The Manufacturers Life Insurance Company now owns 78,967 shares of the company’s stock valued at $294,000 after acquiring an additional 2,171 shares during the period. Osaic Holdings Inc. boosted its holdings in shares of Newell Brands by 19.6% during the second quarter. Osaic Holdings Inc. now owns 14,104 shares of the company’s stock valued at $76,000 after acquiring an additional 2,308 shares during the period. Pinnacle Wealth Management Advisory Group LLC increased its holdings in shares of Newell Brands by 14.1% during the first quarter. Pinnacle Wealth Management Advisory Group LLC now owns 19,898 shares of the company’s stock valued at $68,000 after purchasing an additional 2,456 shares during the period. Finally, Parallel Advisors LLC increased its holdings in shares of Newell Brands by 13.3% during the first quarter. Parallel Advisors LLC now owns 23,881 shares of the company’s stock valued at $82,000 after purchasing an additional 2,795 shares during the period. 92.50% of the stock is currently owned by institutional investors.

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.