Newell Brands (NASDAQ:NWL) Shares Up 9.3% – Should You Buy?

Newell Brands Inc. (NASDAQ:NWL)’s share price traded up 9.3% during trading on Monday . The company traded as high as $4.01 and last traded at $4.0650. 3,330,018 shares traded hands during trading, a decline of 48% from the average session volume of 6,370,501 shares. The stock had previously closed at $3.72.

Analysts Set New Price Targets

NWL has been the topic of a number of research reports. Canaccord Genuity Group lifted their price objective on Newell Brands from $8.00 to $9.00 and gave the stock a “buy” rating in a research note on Thursday, April 16th. Barclays cut their target price on shares of Newell Brands from $6.00 to $5.00 and set an “overweight” rating for the company in a report on Tuesday, April 14th. Citigroup boosted their price target on shares of Newell Brands from $4.00 to $4.75 and gave the stock a “neutral” rating in a research report on Monday, May 4th. Royal Bank Of Canada set a $4.00 price objective on shares of Newell Brands in a research report on Thursday, April 9th. Finally, UBS Group lifted their price objective on shares of Newell Brands from $3.75 to $4.25 and gave the stock a “neutral” rating in a research note on Monday, May 4th. Three analysts have rated the stock with a Buy rating, five have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $4.94.

Newell Brands Trading Up 4.8%

The stock has a market cap of $1.87 billion, a PE ratio of -6.58, a PEG ratio of 5.17 and a beta of 1.01. The company has a debt-to-equity ratio of 1.94, a quick ratio of 0.51 and a current ratio of 1.04. The stock has a fifty day moving average price of $3.88 and a 200 day moving average price of $3.99.

Newell Brands (NASDAQ:NWL) last released its quarterly earnings results on Friday, May 1st. The company reported ($0.05) earnings per share for the quarter, beating the consensus estimate of ($0.09) by $0.04. The company 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 quarterly revenue was down 1.1% compared to the same quarter last year. During the same quarter in the prior year, the firm 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. Equities analysts expect that Newell Brands Inc. will post 0.57 EPS for the current year.

Newell Brands Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, June 15th. Stockholders of record on Friday, May 29th will be paid a $0.07 dividend. The ex-dividend date of this dividend is Friday, May 29th. This represents a $0.28 annualized dividend and a dividend yield of 6.3%. Newell Brands’s dividend payout ratio is currently -41.79%.

Insider Buying and Selling

In related news, insider Melanie Arlene Huet sold 91,000 shares of the stock in a transaction dated Friday, May 8th. The shares were sold at an average price of $4.50, for a total value of $409,500.00. Following the sale, the insider directly owned 867 shares of the company’s stock, valued at $3,901.50. This represents a 99.06% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Bradford R. Turner sold 100,000 shares of the firm’s stock in a transaction dated Friday, May 22nd. The stock was sold at an average price of $3.60, for a total transaction of $360,000.00. Following the completion of the sale, the insider directly owned 464,449 shares of the company’s stock, valued at approximately $1,672,016.40. The trade was a 17.72% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 202,750 shares of company stock valued at $812,397. Company insiders own 1.64% of the company’s stock.

Institutional Investors Weigh In On Newell Brands

Several hedge funds and other institutional investors have recently modified their holdings of NWL. Quarry LP boosted its holdings 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 acquiring an additional 4,317 shares during the period. Summit Securities Group LLC bought a new stake in shares of Newell Brands during the fourth quarter worth $30,000. Citizens Financial Group Inc. RI purchased a new stake in shares of Newell Brands during the fourth quarter valued at $39,000. HighPoint Advisor Group LLC bought a new position in shares of Newell Brands in the fourth quarter worth about $39,000. Finally, 111 Capital bought a new position in shares of Newell Brands in the fourth quarter worth about $39,000. 92.50% of the stock is currently owned by hedge funds and other institutional investors.

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.