Y Intercept Hong Kong Ltd Acquires 172,234 Shares of Newell Brands Inc. $NWL

Y Intercept Hong Kong Ltd boosted its holdings in shares of Newell Brands Inc. (NASDAQ:NWL) by 1,467.3% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 183,972 shares of the company’s stock after purchasing an additional 172,234 shares during the period. Y Intercept Hong Kong Ltd’s holdings in Newell Brands were worth $631,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of NWL. Intech Investment Management LLC grew its position in shares of Newell Brands by 510.3% in the 4th quarter. Intech Investment Management LLC now owns 483,491 shares of the company’s stock worth $1,799,000 after buying an additional 404,269 shares during the last quarter. Louisiana State Employees Retirement System bought a new position in shares of Newell Brands during the first quarter valued at approximately $638,000. 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 worth $186,073,000 after acquiring an additional 2,375,782 shares during the period. CastleKnight Management LP lifted its stake in Newell Brands by 397.9% in the fourth quarter. CastleKnight Management LP now owns 864,914 shares of the company’s stock worth $3,217,000 after acquiring an additional 691,214 shares during the period. Finally, M&T Bank Corp boosted its holdings in Newell Brands by 2,437.3% in the fourth quarter. M&T Bank Corp now owns 338,051 shares of the company’s stock valued at $1,258,000 after acquiring an additional 324,728 shares in the last quarter. Institutional investors own 92.50% of the company’s stock.

Insider Buying and Selling at Newell Brands

In other news, insider Bradford R. Turner sold 100,000 shares of Newell Brands stock in a transaction that occurred on Friday, May 22nd. The shares were sold at an average price of $3.60, for a total transaction 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. This trade represents a 17.72% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Kristine Kay Malkoski sold 10,850 shares of Newell Brands stock in a transaction that occurred on Wednesday, May 27th. The shares were sold at an average price of $3.65, for a total transaction of $39,602.50. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 202,750 shares of company stock valued at $812,396. Corporate insiders own 1.64% of the company’s stock.

Newell Brands Stock Performance

Shares of Newell Brands stock opened at $5.14 on Tuesday. Newell Brands Inc. has a 12 month low of $3.07 and a 12 month high of $6.64. The firm has a market capitalization of $2.18 billion, a P/E ratio of -7.67, a P/E/G ratio of 6.35 and a beta of 0.87. The company has a current ratio of 1.04, a quick ratio of 0.51 and a debt-to-equity ratio of 1.94. The business has a fifty day simple moving average of $4.54 and a two-hundred day simple moving average of $4.26.

Newell Brands (NASDAQ:NWL) last released its earnings results on Friday, May 1st. The company reported ($0.05) earnings per share for the quarter, topping analysts’ consensus estimates 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 company’s revenue was down 1.1% compared to the same quarter last year. During the same period in the prior year, the firm earned ($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. On average, equities analysts forecast that Newell Brands Inc. will post 0.57 earnings per share for the current fiscal year.

Newell Brands Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, June 15th. Shareholders of record on Friday, May 29th were paid a dividend of $0.07 per share. The ex-dividend date of this dividend was Friday, May 29th. This represents a $0.28 dividend on an annualized basis and a dividend yield of 5.4%. Newell Brands’s dividend payout ratio (DPR) is currently -41.79%.

Analyst Upgrades and Downgrades

Several brokerages have commented on NWL. Weiss Ratings restated a “sell (d-)” rating on shares of Newell Brands in a report on Friday, May 15th. Barclays cut 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 note on Tuesday, April 14th. Canaccord Genuity Group boosted their price target on shares of Newell Brands from $8.00 to $9.00 and gave the company a “buy” rating in a research report on Thursday, April 16th. Morgan Stanley downgraded shares of Newell Brands from an “equal weight” rating to an “underweight” rating and decreased their price target for the stock from $4.00 to $3.50 in a research note on Wednesday, May 20th. Finally, Citigroup raised their price objective on shares of Newell Brands from $4.00 to $4.75 and gave the stock a “neutral” rating in a report on Monday, May 4th. Three investment analysts have rated the stock with a Buy rating, four have issued a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $4.81.

About Newell Brands

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.