Newell Brands Inc. (NWL) – What Are Brokerages Thinking About This Stock?

Shares of Newell Brands Inc. (NASDAQ:NWL) have earned a consensus recommendation of “Hold” from the ten ratings firms that are currently covering the company, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a sell rating, four have assigned a hold rating, three have assigned a buy rating and one has issued a strong buy rating on the company. The average 1 year price objective among brokers that have issued ratings on the stock in the last year is $6.66.

Several equities research analysts have recently weighed in on the stock. Royal Bank Of Canada increased their price objective 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. Deutsche Bank Aktiengesellschaft restated a “hold” rating and issued a $6.00 target price on shares of Newell Brands in a report on Monday, August 3rd. Weiss Ratings cut shares of Newell Brands from a “sell (d)” rating to a “sell (d-)” rating in a research report on Thursday, October 8th. Canaccord Genuity Group upped their price target on shares of Newell Brands from $9.00 to $11.00 and gave the company a “buy” rating in a research report on Monday, August 3rd. Finally, Morgan Stanley reiterated an “underweight” rating and set a $5.75 price target on shares of Newell Brands in a report on Thursday, August 6th.

Insider Activity at Newell Brands

In related news, insider Bradford Turner sold 100,000 shares of the firm’s stock in a transaction that occurred on Thursday, August 6th. The stock was sold at an average price of $6.16, for a total transaction of $616,000.00. Following the completion of the sale, the insider owned 433,398 shares of the company’s stock, valued at $2,669,731.68. This trade represents a 18.75% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. 1.64% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Newell Brands

Institutional investors have recently added to or reduced their stakes in the business. AXQ Capital LP bought a new position in shares of Newell Brands during the 2nd quarter worth about $3,851,000. Louisiana State Employees Retirement System acquired a new stake in shares of Newell Brands in the 1st quarter valued at about $638,000. Jupiter Topco LLC acquired a new stake in shares of Newell Brands in the 2nd quarter valued at about $1,162,000. Bank of America Corp DE acquired a new stake in shares of Newell Brands in the 2nd quarter valued at about $6,972,000. Finally, Weiss Asset Management LP bought a new stake in Newell Brands in the 1st quarter valued at about $1,261,000. 92.50% of the stock is owned by institutional investors and hedge funds.

Newell Brands Stock Performance

NASDAQ:NWL opened at $5.65 on Wednesday. The company has a debt-to-equity ratio of 1.85, a quick ratio of 0.59 and a current ratio of 1.11. Newell Brands has a fifty-two week low of $3.07 and a fifty-two week high of $7.13. The company has a 50 day simple moving average of $5.81 and a two-hundred day simple moving average of $5.01. The company has a market capitalization of $2.41 billion, a PE ratio of -10.66, a P/E/G ratio of 1.40 and a beta of 0.88.

Newell Brands (NASDAQ:NWL) last released its quarterly earnings results 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 analyst estimates of $1.98 billion. Newell Brands had a negative net margin of 3.05% and a positive return on equity of 12.31%. The company’s revenue was up 3.0% compared to the same quarter last year. During the same quarter last year, the business earned $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. Research analysts anticipate that Newell Brands will post 0.76 earnings per share for the current year.

Newell Brands Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 15th. Stockholders of record on Monday, August 31st were paid a $0.07 dividend. This represents a $0.28 dividend on an annualized basis and a dividend yield of 5.0%. The ex-dividend date of this dividend was Monday, August 31st. Newell Brands’s payout ratio is currently -52.83%.

Newell Brands Company Profile

Newell Brands Inc is a global consumer-goods company that designs, manufactures and markets products for the home, workplace, school and outdoor recreation. Its portfolio includes storage and organization products, writing instruments, food and beverage preparation items, cookware, small appliances, outdoor equipment, candles and other household goods.

The company’s brands include Rubbermaid, Sharpie, Graco, Coleman, Yankee Candle, Elmer’s, FoodSaver, Mr. Coffee, Oster, Calphalon and Sistema.