Brokerages Set Newell Brands Inc. (NASDAQ:NWL) PT at $4.94

Newell Brands Inc. (NASDAQ:NWL) has received an average recommendation of “Hold” from the ten ratings firms that are covering the company, MarketBeat.com reports. Two analysts have rated the stock with a sell recommendation, five have assigned a hold recommendation and three have issued a buy recommendation on the company. The average twelve-month target price among analysts that have updated their coverage on the stock in the last year is $4.9444.

NWL has been the topic of several analyst reports. Barclays lowered their target price on shares of Newell Brands from $6.00 to $5.00 and set an “overweight” rating on the stock in a research report on Tuesday, April 14th. Citigroup increased their target price 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. UBS Group increased their target price on shares of Newell Brands from $3.75 to $4.25 and gave the stock a “neutral” rating in a research report on Monday, May 4th. Canaccord Genuity Group increased their target price on shares of Newell Brands from $8.00 to $9.00 and gave the stock a “buy” rating in a research report on Thursday, April 16th. Finally, Royal Bank Of Canada set a $4.00 price target on Newell Brands in a research report on Thursday, April 9th.

Newell Brands Trading Down 3.3%

Newell Brands stock opened at $4.76 on Thursday. The company has a debt-to-equity ratio of 1.94, a current ratio of 1.04 and a quick ratio of 0.51. The company has a market capitalization of $2.02 billion, a price-to-earnings ratio of -7.10, a PEG ratio of 6.04 and a beta of 1.01. Newell Brands has a one year low of $3.07 and a one year high of $6.64. The company’s fifty day moving average price is $3.98 and its two-hundred day moving average price is $4.02.

Newell Brands (NASDAQ:NWL) last posted its 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 the consensus estimate of $1.51 billion. Newell Brands had a negative net margin of 3.91% and a positive return on equity of 8.89%. The business’s quarterly revenue was down 1.1% on a year-over-year basis. During the same period in the prior year, the business posted ($0.01) earnings per share. 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, analysts forecast that Newell Brands will post 0.57 earnings per share for the current fiscal year.

Newell Brands Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, June 15th. Stockholders of record on Friday, May 29th were given a $0.07 dividend. This represents a $0.28 annualized dividend and a dividend yield of 5.9%. The ex-dividend date of this dividend was Friday, May 29th. Newell Brands’s dividend payout ratio (DPR) is currently -41.79%.

Insider Activity

In other news, insider Melanie Arlene Huet sold 91,000 shares of the firm’s stock in a transaction dated Friday, May 8th. The stock was 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 approximately $3,901.50. This trade represents a 99.06% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Kristine Kay Malkoski sold 10,850 shares of the firm’s stock in a transaction dated Wednesday, May 27th. The shares were sold at an average price of $3.65, for a total value of $39,602.50. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 202,750 shares of company stock valued at $812,397. 1.64% of the stock is owned by insiders.

Institutional Investors Weigh In On Newell Brands

Hedge funds and other institutional investors have recently made changes to their positions in the business. Quarry LP grew its position in shares of 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 purchasing an additional 4,317 shares during the last quarter. Summit Securities Group LLC bought a new stake in shares of Newell Brands in the fourth quarter valued at about $30,000. Vise Technologies Inc. bought a new stake in shares of Newell Brands in the third quarter valued at about $54,000. HighPoint Advisor Group LLC bought a new stake in shares of Newell Brands in the fourth quarter valued at about $39,000. Finally, CreativeOne Wealth LLC bought a new position in Newell Brands during the third quarter worth about $54,000. 92.50% of the stock is owned by institutional investors and hedge funds.

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.