Insider Selling: Newell Brands (NASDAQ:NWL) Insider Sells 91,000 Shares of Stock

Newell Brands Inc. (NASDAQ:NWL) insider Melanie Arlene Huet sold 91,000 shares of the business’s stock in a transaction that occurred on Friday, May 8th. The stock was sold at an average price of $4.50, for a total value of $409,500.00. Following the transaction, the insider directly owned 867 shares in the company, valued at $3,901.50. This trade represents a 99.06% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website.

Newell Brands Stock Down 10.4%

Newell Brands stock traded down $0.47 during midday trading on Monday, hitting $4.07. 10,036,664 shares of the company were exchanged, compared to its average volume of 5,966,840. The company’s fifty day moving average price is $3.99 and its 200-day moving average price is $4.01. The company has a market cap of $1.73 billion, a PE ratio of -6.07, a price-to-earnings-growth ratio of 5.54 and a beta of 1.06. The company has a debt-to-equity ratio of 1.94, a current ratio of 1.04 and a quick ratio of 0.51. Newell Brands Inc. has a fifty-two week low of $3.07 and a fifty-two week high of $6.64.

Newell Brands (NASDAQ:NWL) last released its quarterly 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 firm had revenue of $1.55 billion for the quarter, compared to analyst estimates of $1.51 billion. Newell Brands had a positive return on equity of 8.89% and a negative net margin of 3.91%.Newell Brands’s revenue for the quarter was down 1.1% on a year-over-year basis. During the same period in the previous year, the company posted ($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. On average, research analysts predict that Newell Brands Inc. will post 0.57 EPS for the current fiscal year.

Newell Brands Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 15th. Investors of record on Friday, May 29th will be issued a $0.07 dividend. The ex-dividend date of this dividend is Friday, May 29th. This represents a $0.28 dividend on an annualized basis and a yield of 6.9%. Newell Brands’s dividend payout ratio is currently -41.79%.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on NWL shares. Morgan Stanley raised their price objective on Newell Brands from $4.25 to $4.50 and gave the company an “equal weight” rating in a research note on Tuesday, February 10th. Royal Bank Of Canada set a $4.00 price objective on Newell Brands in a research note on Thursday, April 9th. UBS Group raised their price objective on Newell Brands from $3.75 to $4.25 and gave the company a “neutral” rating in a research note on Monday, May 4th. Deutsche Bank Aktiengesellschaft lowered their price objective on Newell Brands from $5.00 to $3.00 and set a “hold” rating for the company in a research note on Monday, March 30th. Finally, Citigroup raised their price objective on Newell Brands from $4.00 to $4.75 and gave the company a “neutral” rating in a research note on Monday, May 4th. Three investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $5.06.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the company. Allianz Asset Management GmbH grew its position in shares of Newell Brands by 99.0% in the 3rd quarter. Allianz Asset Management GmbH now owns 1,288,227 shares of the company’s stock worth $6,750,000 after acquiring an additional 640,970 shares in the last quarter. GSA Capital Partners LLP grew its position in shares of Newell Brands by 262.7% in the 3rd quarter. GSA Capital Partners LLP now owns 346,554 shares of the company’s stock worth $1,816,000 after acquiring an additional 251,012 shares in the last quarter. Candlestick Capital Management LP acquired a new position in shares of Newell Brands in the 3rd quarter worth approximately $31,786,000. Neo Ivy Capital Management grew its position in shares of Newell Brands by 365.5% in the 3rd quarter. Neo Ivy Capital Management now owns 318,102 shares of the company’s stock worth $1,667,000 after acquiring an additional 249,765 shares in the last quarter. Finally, M&T Bank Corp grew its position in shares of Newell Brands by 2,437.3% in the 4th quarter. M&T Bank Corp now owns 338,051 shares of the company’s stock worth $1,258,000 after acquiring an additional 324,728 shares in the last quarter. Institutional investors and hedge funds own 92.50% of the company’s stock.

Newell Brands Company 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.