Newell Brands (NASDAQ:NWL) Stock Price Down 6.7% on Insider Selling

Newell Brands Inc. (NASDAQ:NWL) shares fell 6.7% on Monday after an insider sold shares in the company. The stock traded as low as $4.24 and last traded at $4.2350. 1,346,158 shares changed hands during trading, a decline of 77% from the average session volume of 5,864,761 shares. The stock had previously closed at $4.54.

Specifically, insider Melanie Arlene Huet sold 91,000 shares of the business’s stock in a transaction on Friday, May 8th. The stock was sold at an average price of $4.50, for a total value of $409,500.00. Following the sale, the insider owned 867 shares in the company, valued at approximately $3,901.50. The trade was a 99.06% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Analyst Upgrades and Downgrades

Several equities analysts have commented on the stock. Barclays dropped their price target on shares of Newell Brands from $6.00 to $5.00 and set an “overweight” rating for the company in a research note on Tuesday, April 14th. Morgan Stanley boosted their price target on shares of Newell Brands from $4.25 to $4.50 and gave the stock an “equal weight” rating in a research note on Tuesday, February 10th. Deutsche Bank Aktiengesellschaft dropped their price target on shares of Newell Brands from $5.00 to $3.00 and set a “hold” rating for the company in a research note on Monday, March 30th. Royal Bank Of Canada set a $4.00 price target on shares of Newell Brands in a research note on Thursday, April 9th. Finally, Canaccord Genuity Group lifted their price target on shares of Newell Brands from $8.00 to $9.00 and gave the stock a “buy” rating in a research note on Thursday, April 16th. Three research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $5.06.

Newell Brands Trading Down 10.1%

The company has a debt-to-equity ratio of 1.94, a current ratio of 1.04 and a quick ratio of 0.51. The business’s 50 day moving average is $3.99 and its 200 day moving average is $4.01. The stock has a market cap of $1.73 billion, a price-to-earnings ratio of -6.09, a P/E/G ratio of 5.54 and a beta of 1.06.

Newell Brands (NASDAQ:NWL) last issued its earnings results on Friday, May 1st. The company reported ($0.05) EPS for the quarter, topping analysts’ consensus estimates of ($0.09) by $0.04. The firm 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%. The company’s revenue was down 1.1% compared to the same quarter last year. During the same quarter in the previous year, the firm 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. As a group, equities analysts expect that Newell Brands Inc. will post 0.57 earnings per share for the current fiscal year.

Newell Brands Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 15th. Shareholders of record on Friday, May 29th will be paid a $0.07 dividend. This represents a $0.28 annualized dividend and a yield of 6.9%. The ex-dividend date is Friday, May 29th. Newell Brands’s dividend payout ratio is currently -41.79%.

Hedge Funds Weigh In On Newell Brands

Large investors have recently bought and sold shares of the stock. Allianz Asset Management GmbH boosted its stake in Newell Brands by 99.0% in the third quarter. Allianz Asset Management GmbH now owns 1,288,227 shares of the company’s stock valued at $6,750,000 after acquiring an additional 640,970 shares in the last quarter. GSA Capital Partners LLP boosted its stake in Newell Brands by 262.7% in the third quarter. GSA Capital Partners LLP now owns 346,554 shares of the company’s stock valued at $1,816,000 after acquiring an additional 251,012 shares in the last quarter. Candlestick Capital Management LP acquired a new position in Newell Brands in the third quarter valued at $31,786,000. Neo Ivy Capital Management boosted its stake in Newell Brands by 365.5% in the third quarter. Neo Ivy Capital Management now owns 318,102 shares of the company’s stock valued at $1,667,000 after acquiring an additional 249,765 shares in the last quarter. Finally, M&T Bank Corp boosted its stake 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 and hedge funds own 92.50% of the company’s stock.

Newell Brands Company 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.