Newell Brands Inc. (NASDAQ:NWL) Receives Consensus Recommendation of “Hold” from Analysts

Shares of Newell Brands Inc. (NASDAQ:NWLGet Free Report) have been given a consensus recommendation of “Hold” by the ten analysts that are currently covering the firm, Marketbeat Ratings reports. Two research analysts have rated the stock with a sell rating, five have given a hold rating and three have issued a buy rating on the company. The average 12 month price target among analysts that have updated their coverage on the stock in the last year is $4.9444.

A number of research firms have weighed in on NWL. Canaccord Genuity Group upped their price target on Newell Brands from $8.00 to $9.00 and gave the stock a “buy” rating in a report on Thursday, April 16th. UBS Group increased their target price on Newell Brands from $3.75 to $4.25 and gave the company a “neutral” rating in a research note on Monday, May 4th. Citigroup increased their target price on Newell Brands from $4.00 to $4.75 and gave the company a “neutral” rating in a research note on Monday, May 4th. Deutsche Bank Aktiengesellschaft reduced their price objective on shares of Newell Brands from $5.00 to $3.00 and set a “hold” rating on the stock in a research note on Monday, March 30th. Finally, Barclays reduced their price objective on shares of Newell Brands from $6.00 to $5.00 and set an “overweight” rating on the stock in a research note on Tuesday, April 14th.

Get Our Latest Analysis on Newell Brands

Newell Brands News Summary

Here are the key news stories impacting Newell Brands this week:

Newell Brands Trading Up 1.7%

Shares of NWL stock opened at $3.64 on Friday. The stock has a market cap of $1.55 billion, a price-to-earnings ratio of -5.43, a price-to-earnings-growth ratio of 4.47 and a beta of 1.06. The company has a quick ratio of 0.51, a current ratio of 1.04 and a debt-to-equity ratio of 1.94. Newell Brands has a fifty-two week low of $3.07 and a fifty-two week high of $6.64. The firm’s 50 day moving average price is $3.88 and its two-hundred day moving average price is $3.95.

Newell Brands (NASDAQ:NWLGet Free Report) last announced its quarterly earnings results on Friday, May 1st. The company reported ($0.05) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.09) by $0.04. The firm had revenue of $1.55 billion for the quarter, compared to analysts’ expectations of $1.51 billion. Newell Brands had a negative net margin of 3.91% and a positive return on equity of 8.89%. Newell Brands’s revenue was down 1.1% compared to the same quarter last year. During the same period in the previous year, the company 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 anticipate that Newell Brands will post 0.57 EPS for the current year.

Newell Brands Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 15th. Investors of record on Friday, May 29th will be paid a dividend of $0.07 per share. The ex-dividend date is Friday, May 29th. This represents a $0.28 annualized dividend and a yield of 7.7%. Newell Brands’s dividend payout ratio (DPR) is -41.79%.

Insider Transactions at Newell Brands

In related news, insider Melanie Arlene Huet sold 91,000 shares of the firm’s stock in a transaction on Friday, May 8th. The stock was sold at an average price of $4.50, for a total transaction 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 sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 1.64% of the stock is owned by company insiders.

Institutional Investors Weigh In On Newell Brands

A number of hedge funds have recently added to or reduced their stakes in NWL. AQR Capital Management LLC lifted its stake in Newell Brands by 197.8% in the fourth quarter. AQR Capital Management LLC now owns 21,166,902 shares of the company’s stock valued at $78,741,000 after buying an additional 14,059,209 shares during the last quarter. Rubric Capital Management LP bought a new stake in Newell Brands in the third quarter valued at $68,120,000. Candlestick Capital Management LP bought a new stake in Newell Brands in the third quarter valued at $31,786,000. Squarepoint Ops LLC lifted its stake in Newell Brands by 1,568.3% in the third quarter. Squarepoint Ops LLC now owns 3,795,058 shares of the company’s stock valued at $19,886,000 after buying an additional 3,567,581 shares during the last quarter. Finally, Pzena Investment Management LLC lifted its stake in Newell Brands by 5.0% in the fourth quarter. Pzena Investment Management LLC now owns 50,019,553 shares of the company’s stock valued at $186,073,000 after buying an additional 2,375,782 shares during the last quarter. 92.50% of the stock is currently owned by institutional investors.

About Newell Brands

(Get Free Report)

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.

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Analyst Recommendations for Newell Brands (NASDAQ:NWL)

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