Deutsche Bank AG Makes New $2.73 Million Investment in Newell Brands Inc. $NWL

Deutsche Bank AG acquired a new position in shares of Newell Brands Inc. (NASDAQ:NWL) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund acquired 443,746 shares of the company’s stock, valued at approximately $2,725,000.

Other hedge funds have also recently modified their holdings of the company. GAMMA Investing LLC boosted its stake in Newell Brands by 19.8% in the second quarter. GAMMA Investing LLC now owns 11,408 shares of the company’s stock valued at $70,000 after acquiring an additional 1,887 shares in the last quarter. California State Teachers Retirement System increased its position in shares of 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 in the last quarter. The Manufacturers Life Insurance Company increased its position 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 worth $294,000 after purchasing an additional 2,171 shares in the last quarter. Osaic Holdings Inc. lifted its holdings in shares of Newell Brands by 19.6% in the 2nd quarter. Osaic Holdings Inc. now owns 14,104 shares of the company’s stock valued at $76,000 after purchasing an additional 2,308 shares during the last quarter. Finally, Pinnacle Wealth Management Advisory Group LLC lifted its holdings in shares of Newell Brands by 14.1% in the 1st 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 last quarter. 92.50% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

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

Wall Street Analyst Weigh In

Several research firms have commented on NWL. Zacks Research raised Newell Brands from a “hold” rating to a “strong-buy” rating in a research report on Friday, July 31st. Wall Street Zen upgraded shares of Newell Brands from a “hold” rating to a “buy” rating in a research report on Saturday, August 1st. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and set a $6.00 price objective on shares of Newell Brands in a research report on Monday, August 3rd. Citigroup increased their target price on shares of Newell Brands from $5.50 to $6.00 and gave the stock a “neutral” rating in a research note on Tuesday, August 4th. Finally, 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. One equities research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, four have given a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $6.66.

Newell Brands Stock Down 1.1%

NWL stock opened at $5.89 on Friday. The company has a debt-to-equity ratio of 1.85, a current ratio of 1.11 and a quick ratio of 0.59. The company’s 50 day simple moving average is $5.64 and its 200-day simple moving average is $4.63. Newell Brands Inc. has a 12 month low of $3.07 and a 12 month high of $7.13. The firm has a market capitalization of $2.51 billion, a PE ratio of -11.12, a P/E/G ratio of 1.47 and a beta of 0.88.

Newell Brands (NASDAQ:NWL) last issued its quarterly earnings data on Friday, July 31st. The company reported $0.42 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.20 by $0.22. The firm had revenue of $1.99 billion during the quarter, compared to the consensus estimate of $1.98 billion. Newell Brands had a positive return on equity of 12.31% and a negative net margin of 3.05%.The company’s quarterly revenue was up 3.0% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.24 EPS. 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. Equities analysts expect that Newell Brands Inc. will post 0.76 earnings per share for the current fiscal year.

Newell Brands Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Monday, August 31st will be issued a $0.07 dividend. The ex-dividend date is Monday, August 31st. This represents a $0.28 annualized dividend and a yield of 4.8%. Newell Brands’s dividend payout ratio (DPR) is presently -52.83%.

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.