Kristine Kay Malkoski Sells 10,850 Shares of Newell Brands (NASDAQ:NWL) Stock

Newell Brands Inc. (NASDAQ:NWLGet Free Report) insider Kristine Kay Malkoski sold 10,850 shares of the company’s stock in a transaction on Wednesday, May 27th. The stock was sold at an average price of $3.65, for a total transaction of $39,602.50. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Kristine Kay Malkoski also recently made the following trade(s):

  • On Wednesday, May 27th, Kristine Kay Malkoski sold 900 shares of Newell Brands stock. The stock was sold at an average price of $3.66, for a total transaction of $3,294.00.

Newell Brands Price Performance

Newell Brands stock traded down $0.09 during mid-day trading on Thursday, hitting $3.57. The stock had a trading volume of 7,313,653 shares, compared to its average volume of 6,032,995. The firm has a market capitalization of $1.52 billion, a P/E ratio of -5.33, a P/E/G ratio of 4.42 and a beta of 1.06. 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 firm’s 50 day moving average is $3.85 and its 200 day moving average is $3.96. Newell Brands Inc. has a one year low of $3.07 and a one year high of $6.64.

Newell Brands (NASDAQ:NWLGet Free Report) last issued its earnings results on Friday, May 1st. The company reported ($0.05) earnings per share for the quarter, topping the consensus estimate of ($0.09) by $0.04. The company had revenue of $1.55 billion during 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%. 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. On average, sell-side analysts forecast that Newell Brands Inc. will post 0.57 earnings per share for the current fiscal year.

Newell Brands Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, June 15th. Stockholders of record on Friday, May 29th will be issued a $0.07 dividend. This represents a $0.28 annualized dividend and a dividend yield of 7.8%. The ex-dividend date of this dividend is Friday, May 29th. Newell Brands’s payout ratio is -41.79%.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Quarry LP boosted its holdings in shares of 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 purchasing an additional 4,317 shares during the last quarter. Summit Securities Group LLC bought a new position in shares of Newell Brands in the 4th quarter valued at about $30,000. Vise Technologies Inc. bought a new position in shares of Newell Brands in the 3rd quarter valued at about $54,000. HighPoint Advisor Group LLC bought a new position in shares of Newell Brands in the 4th quarter valued at about $39,000. Finally, CreativeOne Wealth LLC bought a new position in shares of Newell Brands in the 3rd quarter valued at about $54,000. Institutional investors own 92.50% of the company’s stock.

Analyst Ratings Changes

NWL has been the subject of several research analyst reports. Citigroup raised their target price on shares of Newell Brands from $4.00 to $4.75 and gave the company a “neutral” rating in a research note on Monday, May 4th. UBS Group increased their price objective on shares of Newell Brands from $3.75 to $4.25 and gave the company a “neutral” rating in a report on Monday, May 4th. Royal Bank Of Canada set a $4.00 price objective on shares of Newell Brands in a report on Thursday, April 9th. Morgan Stanley downgraded shares of Newell Brands from an “equal weight” rating to an “underweight” rating and dropped their price objective for the company from $4.00 to $3.50 in a report on Wednesday, May 20th. Finally, Barclays dropped their price objective 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. Three equities research analysts have rated the stock with a Buy rating, five have given a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $4.94.

Get Our Latest Research Report on NWL

Newell Brands Company Profile

(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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