Newell Brands Inc. (NASDAQ:NWL) Receives $6.11 Consensus Target Price from Analysts

Newell Brands Inc. (NASDAQ:NWLGet Free Report) has received a consensus rating of “Hold” from the ten brokerages that are currently covering the company, MarketBeat reports. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and four have issued a buy rating on the company. The average 1-year target price among brokers that have updated their coverage on the stock in the last year is $6.1111.

A number of analysts recently weighed in on the stock. Canaccord Genuity Group raised their price target on shares of Newell Brands from $7.00 to $8.00 and gave the company a “buy” rating in a report on Monday, January 26th. Citigroup increased their price objective on Newell Brands from $4.25 to $5.00 and gave the company a “neutral” rating in a research report on Monday, February 9th. Morgan Stanley lifted their target price on Newell Brands from $4.25 to $4.50 and gave the company an “equal weight” rating in a research note on Tuesday, February 10th. Weiss Ratings restated a “sell (d)” rating on shares of Newell Brands in a research report on Monday, December 29th. Finally, UBS Group reiterated a “neutral” rating and issued a $5.00 price target on shares of Newell Brands in a report on Monday, February 9th.

Read Our Latest Report on Newell Brands

Institutional Investors Weigh In On Newell Brands

A number of institutional investors and hedge funds have recently modified their holdings of NWL. Royal Bank of Canada boosted its stake in Newell Brands by 29.2% in the first quarter. Royal Bank of Canada now owns 775,131 shares of the company’s stock valued at $4,800,000 after acquiring an additional 175,178 shares during the last quarter. Goldman Sachs Group Inc. boosted its position in shares of Newell Brands by 47.3% in the 1st quarter. Goldman Sachs Group Inc. now owns 563,984 shares of the company’s stock worth $3,497,000 after purchasing an additional 181,113 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its stake in shares of Newell Brands by 13.4% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,302,018 shares of the company’s stock worth $8,073,000 after purchasing an additional 153,658 shares during the period. Focus Partners Wealth increased its holdings in Newell Brands by 47.0% in the first quarter. Focus Partners Wealth now owns 63,846 shares of the company’s stock valued at $396,000 after purchasing an additional 20,406 shares during the last quarter. Finally, Intech Investment Management LLC bought a new stake in Newell Brands in the first quarter valued at about $1,326,000. 92.50% of the stock is owned by institutional investors.

Newell Brands Trading Down 5.3%

Shares of NWL stock opened at $4.30 on Tuesday. The company has a market capitalization of $1.80 billion, a P/E ratio of -6.32 and a beta of 0.91. Newell Brands has a 12-month low of $3.07 and a 12-month high of $7.02. The company has a quick ratio of 0.57, a current ratio of 1.07 and a debt-to-equity ratio of 1.90. The firm has a 50-day moving average price of $4.32 and a 200 day moving average price of $4.53.

Newell Brands (NASDAQ:NWLGet Free Report) last issued its quarterly earnings data on Friday, February 6th. The company reported $0.18 EPS for the quarter, hitting analysts’ consensus estimates of $0.18. Newell Brands had a negative net margin of 3.96% and a positive return on equity of 9.17%. The firm had revenue of $1.90 billion for the quarter, compared to analyst estimates of $1.88 billion. During the same quarter in the prior year, the firm earned $0.16 EPS. The company’s revenue was down 2.7% on a year-over-year basis. Newell Brands has set its Q1 2026 guidance at -0.120–0.080 EPS. Research analysts forecast that Newell Brands will post 0.72 earnings per share for the current fiscal year.

Newell Brands Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, March 13th. Shareholders of record on Friday, February 27th will be given a dividend of $0.07 per share. The ex-dividend date is Friday, February 27th. This represents a $0.28 dividend on an annualized basis and a yield of 6.5%. Newell Brands’s dividend payout ratio is presently -41.18%.

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.

Further Reading

Analyst Recommendations for Newell Brands (NASDAQ:NWL)

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