Newell Brands (NASDAQ:NWL) Insider Sells $360,000.00 in Stock

Newell Brands Inc. (NASDAQ:NWL) insider Bradford Turner sold 100,000 shares of the company’s stock in a transaction dated Friday, May 22nd. The stock was sold at an average price of $3.60, for a total value of $360,000.00. Following the completion of the transaction, the insider directly owned 464,449 shares in the company, valued at approximately $1,672,016.40. The trade was a 17.72% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Newell Brands Stock Performance

Shares of NWL stock opened at $3.40 on Friday. 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. The stock’s 50-day moving average is $3.84 and its two-hundred day moving average is $3.96. The firm has a market cap of $1.44 billion, a P/E ratio of -5.07, a PEG ratio of 4.39 and a beta of 1.06.

Newell Brands (NASDAQ:NWL) last issued its earnings results on Friday, May 1st. The company reported ($0.05) earnings per share for the quarter, topping the consensus estimate of ($0.09) by $0.04. Newell Brands had a positive return on equity of 8.89% and a negative net margin of 3.91%.The company had revenue of $1.55 billion for the quarter, compared to analyst estimates of $1.51 billion. During the same period in the prior year, the firm posted ($0.01) EPS. The business’s revenue was down 1.1% compared to the same quarter last year. 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. Analysts predict that Newell Brands Inc. will post 0.57 earnings per share for the current fiscal year.

Newell Brands Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, June 15th. Shareholders of record on Friday, May 29th will be given a $0.07 dividend. This represents a $0.28 annualized dividend and a yield of 8.2%. The ex-dividend date of this dividend is Friday, May 29th. Newell Brands’s dividend payout ratio is presently -41.79%.

Institutional Trading of Newell Brands

Several hedge funds have recently added to or reduced their stakes in NWL. Quarry LP boosted its stake in Newell Brands by 139.3% during the 4th quarter. Quarry LP now owns 7,416 shares of the company’s stock valued at $28,000 after purchasing an additional 4,317 shares during the period. Summit Securities Group LLC bought a new stake in Newell Brands during the 4th quarter valued at approximately $30,000. Citizens Financial Group Inc. RI bought a new stake in Newell Brands during the 4th quarter valued at approximately $39,000. HighPoint Advisor Group LLC bought a new stake in Newell Brands during the 4th quarter valued at approximately $39,000. Finally, 111 Capital bought a new stake in Newell Brands during the 4th quarter valued at approximately $39,000. Institutional investors own 92.50% of the company’s stock.

Wall Street Analyst Weigh In

NWL has been the topic of several research reports. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Newell Brands in a research report on Friday, May 15th. Deutsche Bank Aktiengesellschaft lowered their price objective on Newell Brands from $5.00 to $3.00 and set a “hold” rating on the stock in a report on Monday, March 30th. Canaccord Genuity Group increased their price objective on Newell Brands from $8.00 to $9.00 and gave the company a “buy” rating in a report on Thursday, April 16th. UBS Group increased their price objective on Newell Brands from $3.75 to $4.25 and gave the company a “neutral” rating in a report on Monday, May 4th. Finally, Barclays lowered their price objective on Newell Brands from $6.00 to $5.00 and set an “overweight” rating on the stock in a report on Tuesday, April 14th. Three analysts have rated the stock with a Buy rating, five have given a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, Newell Brands presently has an average rating of “Hold” and an average price target of $4.94.

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.