413,004 Shares in Newell Brands Inc. $NWL Bought by PDT Partners LLC

PDT Partners LLC bought a new stake in shares of Newell Brands Inc. (NASDAQ:NWL) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm bought 413,004 shares of the company’s stock, valued at approximately $2,536,000. PDT Partners LLC owned 0.10% of Newell Brands as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Quarry LP increased its stake in shares of Newell Brands by 139.3% during the fourth quarter. Quarry LP now owns 7,416 shares of the company’s stock worth $28,000 after purchasing an additional 4,317 shares in the last quarter. Summit Securities Group LLC acquired a new stake in Newell Brands during the 4th quarter worth $30,000. Citizens Financial Group Inc. RI purchased a new stake in shares of Newell Brands during the fourth quarter worth $39,000. HighPoint Advisor Group LLC purchased a new stake in shares of Newell Brands during the fourth quarter worth $39,000. Finally, 111 Capital acquired a new stake in shares of Newell Brands in the fourth quarter valued at about $39,000. Hedge funds and other institutional investors own 92.50% of the company’s stock.

Insider Transactions at Newell Brands

In other Newell Brands news, insider Bradford R. Turner sold 100,000 shares of the business’s stock in a transaction that occurred on Thursday, August 6th. The shares were sold at an average price of $6.16, for a total transaction of $616,000.00. Following the completion of the transaction, the insider owned 433,398 shares in the company, valued at $2,669,731.68. The trade was a 18.75% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 1.64% of the stock is owned by corporate insiders.

Newell Brands Trading Up 0.5%

NASDAQ NWL opened at $5.96 on Thursday. The firm’s 50-day moving average is $5.62 and its two-hundred day moving average is $4.62. The company has a debt-to-equity ratio of 1.85, a current ratio of 1.11 and a quick ratio of 0.59. Newell Brands Inc. has a 12 month low of $3.07 and a 12 month high of $7.13. The stock has a market capitalization of $2.54 billion, a P/E ratio of -11.25, a PEG ratio of 1.47 and a beta of 0.88.

Newell Brands (NASDAQ:NWL) last released its earnings results on Friday, July 31st. The company reported $0.42 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.20 by $0.22. Newell Brands had a positive return on equity of 12.31% and a negative net margin of 3.05%.The firm had revenue of $1.99 billion during the quarter, compared to analyst estimates of $1.98 billion. During the same period last year, the business posted $0.24 earnings per share. Newell Brands’s revenue was up 3.0% compared to the same quarter last year. Newell Brands has set its Q3 2026 guidance at 0.180-0.200 EPS and its FY 2026 guidance at 0.730-0.770 EPS. On average, sell-side analysts anticipate that Newell Brands Inc. will post 0.76 earnings per share for the current year.

Newell Brands Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Monday, August 31st will be paid a $0.07 dividend. The ex-dividend date is Monday, August 31st. This represents a $0.28 dividend on an annualized basis and a yield of 4.7%. Newell Brands’s payout ratio is currently -52.83%.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on the stock. Royal Bank Of Canada boosted their price target on shares of Newell Brands from $4.00 to $5.00 and gave the stock a “sector perform” rating in a research report on Monday, August 3rd. UBS Group raised their target price on shares of Newell Brands from $4.75 to $5.50 and gave the stock a “neutral” rating in a research note on Monday, August 3rd. Barclays boosted their target price on Newell Brands from $5.00 to $7.00 and gave the stock an “overweight” rating in a report on Tuesday, July 21st. Morgan Stanley restated an “underweight” rating and issued a $5.75 price target on shares of Newell Brands in a research report on Thursday, August 6th. Finally, Wall Street Zen raised Newell Brands from a “hold” rating to a “buy” rating in a report on Saturday, August 1st. One research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, four have issued a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $6.66.

Newell Brands 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.