Newell Brands (NASDAQ:NWL) Stock Price Up 4.4% – Here’s What Happened

Newell Brands Inc. (NASDAQ:NWL)’s stock price rose 4.4% on Friday . The stock traded as high as $6.15 and last traded at $6.14. Approximately 633,350 shares changed hands during mid-day trading, a decline of 92% from the average daily volume of 8,028,082 shares. The stock had previously closed at $5.88.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on the stock. Barclays boosted their target price on shares of Newell Brands from $5.00 to $7.00 and gave the company an “overweight” rating in a research note on Tuesday, July 21st. Deutsche Bank Aktiengesellschaft restated a “hold” rating and set a $6.00 price objective on shares of Newell Brands in a research report on Monday, August 3rd. Citigroup lifted their target price on shares of Newell Brands from $5.50 to $6.00 and gave the company a “neutral” rating in a research report on Tuesday, August 4th. Wall Street Zen raised shares of Newell Brands from a “hold” rating to a “buy” rating in a research note on Saturday, August 1st. Finally, UBS Group upped their price target on shares of Newell Brands from $4.75 to $5.50 and gave the stock a “neutral” rating in a research report on Monday, August 3rd. 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. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $6.66.

Newell Brands Price Performance

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 stock’s fifty day moving average is $5.64 and its 200-day moving average is $4.63. The stock has a market cap of $2.60 billion, a PE ratio of -11.53, a price-to-earnings-growth ratio of 1.47 and a beta of 0.88.

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

Newell Brands Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Monday, August 31st will be paid a dividend of $0.07 per share. The ex-dividend date of this dividend is Monday, August 31st. This represents a $0.28 annualized dividend and a yield of 4.6%. Newell Brands’s dividend payout ratio (DPR) is -52.83%.

Insider Buying and Selling

In other news, insider Bradford R. Turner sold 100,000 shares of the company’s stock in a transaction on Thursday, August 6th. The stock was 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 $2,669,731.68. This represents a 18.75% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 1.64% of the stock is owned by corporate insiders.

Institutional Trading of Newell Brands

Several institutional investors and hedge funds have recently bought and sold shares of NWL. Quarry LP lifted its position in Newell Brands by 139.3% in the fourth quarter. Quarry LP now owns 7,416 shares of the company’s stock valued at $28,000 after buying an additional 4,317 shares during the last quarter. Nykredit A S acquired a new position in shares of Newell Brands in the 2nd quarter worth approximately $49,000. Summit Securities Group LLC purchased a new position in shares of Newell Brands during the 4th quarter worth approximately $30,000. Vise Technologies Inc. purchased a new position in shares of Newell Brands during the 3rd quarter worth approximately $54,000. Finally, HighPoint Advisor Group LLC acquired a new stake in Newell Brands in the 4th quarter valued at approximately $39,000. 92.50% of the stock is currently owned by hedge funds and other 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.