Newell Brands (NASDAQ:NWL) Trading Up 6.9% – What’s Next?

Newell Brands Inc. (NASDAQ:NWL)’s stock price traded up 6.9% during trading on Wednesday . The stock traded as high as $5.15 and last traded at $5.0650. Approximately 1,171,670 shares were traded during mid-day trading, a decline of 82% from the average session volume of 6,650,166 shares. The stock had previously closed at $4.74.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on the company. Canaccord Genuity Group boosted their target price on Newell Brands from $8.00 to $9.00 and gave the stock a “buy” rating in a research note on Thursday, April 16th. Royal Bank Of Canada set a $4.00 price target on shares of Newell Brands in a research report on Thursday, April 9th. Deutsche Bank Aktiengesellschaft lowered their price objective on shares of Newell Brands from $5.00 to $3.00 and set a “hold” rating on the stock in a research report on Monday, March 30th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Newell Brands in a research note on Friday, May 15th. Finally, Morgan Stanley downgraded shares of 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 report on Wednesday, May 20th. Three research analysts have rated the stock with a Buy rating, five have given a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $4.94.

Newell Brands Price Performance

The business has a fifty day moving average of $4.06 and a 200-day moving average of $4.05. The firm has a market cap of $2.09 billion, a PE ratio of -7.34, a PEG ratio of 6.11 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.

Newell Brands (NASDAQ:NWL) last issued its earnings results on Friday, May 1st. The company reported ($0.05) EPS for the quarter, topping the consensus estimate of ($0.09) by $0.04. The business had revenue of $1.55 billion during the quarter, compared to the consensus estimate of $1.51 billion. Newell Brands had a positive return on equity of 8.89% and a negative net margin of 3.91%.The firm’s revenue was down 1.1% compared to the same quarter last year. During the same quarter last year, the company earned ($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. As a group, research analysts predict that Newell Brands Inc. will post 0.57 earnings per share for the current year.

Newell Brands Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 15th. Stockholders of record on Friday, May 29th were given a $0.07 dividend. This represents a $0.28 dividend on an annualized basis and a dividend yield of 5.7%. The ex-dividend date was Friday, May 29th. Newell Brands’s dividend payout ratio (DPR) is -41.79%.

Insider Activity at Newell Brands

In other Newell Brands news, 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 sale, the insider directly owned 464,449 shares in the company, valued at $1,672,016.40. This represents a 17.72% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Kristine Kay Malkoski sold 10,850 shares of the business’s stock in a transaction on Wednesday, May 27th. The shares were sold at an average price of $3.65, for a total transaction of $39,602.50. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 202,750 shares of company stock valued at $812,396. Corporate insiders own 1.64% of the company’s stock.

Institutional Investors Weigh In On Newell Brands

Hedge funds have recently bought and sold shares of the stock. Quarry LP grew its holdings in Newell Brands by 139.3% in 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 last quarter. Summit Securities Group LLC bought a new position in shares of Newell Brands during the fourth quarter valued at about $30,000. Citizens Financial Group Inc. RI purchased a new stake in shares of Newell Brands during the fourth quarter worth about $39,000. HighPoint Advisor Group LLC purchased a new stake in shares of Newell Brands during the fourth quarter worth about $39,000. Finally, 111 Capital bought a new stake in shares of Newell Brands in the fourth quarter worth about $39,000. 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.