Neo Ivy Capital Management Acquires 249,765 Shares of Newell Brands Inc. $NWL

Neo Ivy Capital Management lifted its holdings in Newell Brands Inc. (NASDAQ:NWL) by 365.5% during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 318,102 shares of the company’s stock after acquiring an additional 249,765 shares during the period. Neo Ivy Capital Management owned approximately 0.08% of Newell Brands worth $1,667,000 as of its most recent filing with the SEC.

A number of other hedge funds have also bought and sold shares of the business. Smith Moore & CO. bought a new stake in Newell Brands in the 3rd quarter valued at about $110,000. Cresset Asset Management LLC bought a new position in shares of Newell Brands during the third quarter worth approximately $58,000. Victory Capital Management Inc. increased its holdings in shares of Newell Brands by 1.1% during the third quarter. Victory Capital Management Inc. now owns 5,888,204 shares of the company’s stock worth $30,854,000 after purchasing an additional 62,164 shares during the period. Focus Partners Advisor Solutions LLC raised its position in shares of Newell Brands by 83.7% in the third quarter. Focus Partners Advisor Solutions LLC now owns 76,791 shares of the company’s stock valued at $402,000 after buying an additional 34,988 shares in the last quarter. Finally, Interchange Capital Partners LLC bought a new stake in shares of Newell Brands in the third quarter valued at approximately $74,000. 92.50% of the stock is owned by institutional investors.

Newell Brands Stock Performance

Shares of NASDAQ:NWL opened at $4.24 on Friday. Newell Brands Inc. has a 1 year low of $3.07 and a 1 year high of $7.02. The stock has a market capitalization of $1.78 billion, a price-to-earnings ratio of -6.24 and a beta of 0.91. The company has a debt-to-equity ratio of 1.90, a current ratio of 1.07 and a quick ratio of 0.57. The company’s 50 day simple moving average is $4.33 and its 200 day simple moving average is $4.51.

Newell Brands (NASDAQ:NWL) last released its earnings results on Friday, February 6th. The company reported $0.18 earnings per share for the quarter, hitting the consensus estimate of $0.18. The firm had revenue of $1.90 billion during the quarter, compared to analysts’ expectations of $1.88 billion. Newell Brands had a positive return on equity of 9.17% and a negative net margin of 3.96%.The company’s quarterly revenue was down 2.7% on a year-over-year basis. During the same period in the prior year, the company earned $0.16 earnings per share. Newell Brands has set its Q1 2026 guidance at -0.120–0.080 EPS. As a group, research analysts predict that Newell Brands Inc. will post 0.72 EPS for the current fiscal year.

Newell Brands Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 13th. Investors of record on Friday, February 27th will be given a dividend of $0.07 per share. This represents a $0.28 annualized dividend and a dividend yield of 6.6%. The ex-dividend date is Friday, February 27th. Newell Brands’s dividend payout ratio is currently -41.18%.

Analyst Upgrades and Downgrades

NWL has been the topic of a number of analyst reports. Citigroup increased their price target on Newell Brands from $4.25 to $5.00 and gave the stock a “neutral” rating in a research report on Monday, February 9th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Newell Brands in a report on Monday, December 29th. UBS Group reiterated a “neutral” rating and set a $5.00 target price on shares of Newell Brands in a research report on Monday, February 9th. Morgan Stanley increased their target price on Newell Brands from $4.25 to $4.50 and gave the stock an “equal weight” rating in a report on Tuesday, February 10th. Finally, Canaccord Genuity Group boosted their price target on Newell Brands from $7.00 to $8.00 and gave the company a “buy” rating in a research note on Monday, January 26th. Four analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $6.11.

Newell Brands 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.