Rep. Pete Stauber Purchases Shares of Newell Brands Inc. (NASDAQ:NWL)

Representative Pete Stauber (R-Minnesota) recently bought shares of Newell Brands Inc. (NASDAQ:NWL). In a filing disclosed on November 21st, the Representative disclosed that they had bought between $15,001 and $50,000 in Newell Brands stock on October 27th.

Newell Brands Stock Performance

NWL opened at $3.34 on Friday. The company has a quick ratio of 0.57, a current ratio of 1.14 and a debt-to-equity ratio of 1.68. The stock’s 50 day moving average price is $4.55 and its two-hundred day moving average price is $5.25. The firm has a market capitalization of $1.40 billion, a P/E ratio of -55.66 and a beta of 1.02. Newell Brands Inc. has a 12-month low of $3.07 and a 12-month high of $11.78.

Newell Brands (NASDAQ:NWL) last issued its quarterly earnings results on Friday, October 31st. The company reported $0.17 EPS for the quarter, missing analysts’ consensus estimates of $0.18 by ($0.01). The business had revenue of $1.81 billion for the quarter, compared to analyst estimates of $1.88 billion. Newell Brands had a positive return on equity of 8.64% and a negative net margin of 0.33%.The firm’s quarterly revenue was down 7.2% compared to the same quarter last year. During the same quarter last year, the firm earned $0.16 earnings per share. Newell Brands has set its FY 2025 guidance at 0.560-0.600 EPS. Q4 2025 guidance at 0.160-0.200 EPS. On average, equities analysts forecast that Newell Brands Inc. will post 0.72 earnings per share for the current year.

Newell Brands Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, December 15th. Investors of record on Friday, November 28th will be paid a dividend of $0.07 per share. The ex-dividend date is Friday, November 28th. This represents a $0.28 annualized dividend and a yield of 8.4%. Newell Brands’s dividend payout ratio is presently -466.67%.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on NWL. Royal Bank Of Canada reduced their price target on shares of Newell Brands from $8.00 to $4.50 and set a “sector perform” rating for the company in a report on Monday, November 3rd. Weiss Ratings reiterated a “sell (d)” rating on shares of Newell Brands in a research note on Wednesday. Morgan Stanley restated a “hold” rating and set a $4.25 price target on shares of Newell Brands in a research note on Monday, November 3rd. Canaccord Genuity Group reduced their price objective on Newell Brands from $9.00 to $7.00 and set a “buy” rating for the company in a research report on Monday, November 3rd. Finally, Citigroup lowered their price objective on Newell Brands from $5.50 to $3.50 and set a “neutral” rating on the stock in a research report on Monday, November 3rd. Four investment analysts have rated the stock with a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $5.86.

Institutional Investors Weigh In On Newell Brands

Institutional investors and hedge funds have recently made changes to their positions in the company. Caitong International Asset Management Co. Ltd acquired a new stake in shares of Newell Brands during the 2nd quarter worth about $35,000. Parallel Advisors LLC grew its stake in Newell Brands by 194.3% during the second quarter. Parallel Advisors LLC now owns 8,067 shares of the company’s stock worth $44,000 after buying an additional 5,326 shares during the last quarter. Summit Global Investments bought a new stake in Newell Brands during the second quarter worth about $54,000. Forum Financial Management LP acquired a new stake in shares of Newell Brands during the third quarter worth approximately $54,000. Finally, Vise Technologies Inc. bought a new position in shares of Newell Brands in the third quarter valued at approximately $54,000. Institutional investors and hedge funds own 92.50% of the company’s stock.

About Representative Stauber

Pete Stauber (Republican Party) is a member of the U.S. House, representing Minnesota’s 8th Congressional District. He assumed office on January 3, 2019. His current term ends on January 3, 2027.

Stauber (Republican Party) ran for re-election to the U.S. House to represent Minnesota’s 8th Congressional District. He won in the general election on November 5, 2024.

About Newell Brands

Newell Brands Inc engages in the design, manufacture, sourcing, and distribution of consumer and commercial products worldwide. The company operates in three segments: Home and Commercial Solutions, Learning and Development, and Outdoor and Recreation. The Commercial Solutions segment provides commercial cleaning and maintenance solution products under the Rubbermaid, Rubbermaid Commercial Products, Mapa, and Spontex brands; closet and garage organization products; hygiene systems and material handling solutions; household products, such as kitchen appliances under the Crockpot, Mr.