Newell Brands Inc. (NASDAQ:NWL) Receives Average Recommendation of “Hold” from Analysts

Shares of Newell Brands Inc. (NASDAQ:NWL) have received a consensus recommendation of “Hold” from the ten ratings firms that are presently 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 target price among brokers that have covered the stock in the last year is $4.9444.

Several research analysts recently commented on the company. Weiss Ratings reissued a “sell (d-)” rating on shares of Newell Brands in a research note on Friday, May 15th. Canaccord Genuity Group lifted their target price on shares of Newell Brands from $8.00 to $9.00 and gave the stock a “buy” rating in a research note on Thursday, April 16th. Morgan Stanley lowered shares of Newell Brands from an “equal weight” rating to an “underweight” rating and dropped their target price for the stock from $4.00 to $3.50 in a report on Wednesday, May 20th. UBS Group increased their target price on shares of Newell Brands from $3.75 to $4.25 and gave the company a “neutral” rating in a research report on Monday, May 4th. Finally, Citigroup raised their price target on shares of Newell Brands from $4.00 to $4.75 and gave the stock a “neutral” rating in a research note on Monday, May 4th.

Newell Brands Stock Performance

NWL stock opened at $5.83 on Monday. Newell Brands has a 12-month low of $3.07 and a 12-month high of $6.64. The business’s 50-day moving average is $4.40 and its 200 day moving average is $4.20. 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 market cap of $2.48 billion, a price-to-earnings ratio of -8.70, a PEG ratio of 7.16 and a beta of 0.87.

Newell Brands (NASDAQ:NWL) last announced its earnings results on Friday, May 1st. The company reported ($0.05) EPS for the quarter, beating analysts’ consensus estimates of ($0.09) by $0.04. The business 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% compared to the same quarter last year. During the same quarter in the prior year, the firm earned ($0.01) earnings per share. 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, sell-side analysts anticipate that Newell Brands will post 0.57 EPS for the current fiscal year.

Newell Brands Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 15th. Investors of record on Friday, May 29th were paid a dividend of $0.07 per share. This represents a $0.28 annualized dividend and a yield of 4.8%. The ex-dividend date of this dividend was Friday, May 29th. Newell Brands’s dividend payout ratio is currently -41.79%.

Insider Buying and Selling at Newell Brands

In other news, insider Kristine Kay Malkoski sold 10,850 shares of the company’s stock in a transaction that occurred on Wednesday, May 27th. The stock was sold at an average price of $3.65, for a total value of $39,602.50. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Bradford R. Turner sold 100,000 shares of the stock in a transaction that occurred on Friday, May 22nd. The shares were sold at an average price of $3.60, for a total value of $360,000.00. Following the completion of the sale, the insider directly owned 464,449 shares of the company’s stock, valued at approximately $1,672,016.40. This represents a 17.72% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 202,750 shares of company stock worth $812,396. Insiders own 1.64% of the company’s stock.

Institutional Trading of Newell Brands

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Quarry LP raised its holdings in shares of Newell Brands by 139.3% during the 4th quarter. Quarry LP now owns 7,416 shares of the company’s stock worth $28,000 after acquiring an additional 4,317 shares during the period. Summit Securities Group LLC purchased a new stake in shares of Newell Brands in the fourth quarter valued at about $30,000. Citizens Financial Group Inc. RI acquired a new stake in Newell Brands during the fourth quarter worth about $39,000. HighPoint Advisor Group LLC acquired a new stake in Newell Brands during the fourth quarter worth about $39,000. Finally, 111 Capital purchased a new position in Newell Brands during the fourth quarter worth about $39,000. 92.50% of the stock is owned by institutional investors and hedge funds.

Newell Brands Company Profile

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.