Newell Brands (NASDAQ:NWL) Stock Price Up 6.4% – Here’s Why

Newell Brands Inc. (NASDAQ:NWL) shares were up 6.4% during mid-day trading on Thursday . The stock traded as high as $5.60 and last traded at $5.4890. Approximately 856,943 shares were traded during trading, a decline of 89% from the average daily volume of 7,830,300 shares. The stock had previously closed at $5.16.

Analyst Ratings Changes

Several equities analysts have commented on NWL shares. Royal Bank Of Canada set a $4.00 price target on shares of Newell Brands in a research note on Thursday, April 9th. Barclays cut their price target on Newell Brands from $6.00 to $5.00 and set an “overweight” rating on the stock in a report on Tuesday, April 14th. Deutsche Bank Aktiengesellschaft cut their target price 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. UBS Group restated a “neutral” rating and issued a $4.75 price target on shares of Newell Brands in a research note on Thursday. Finally, Citigroup reiterated a “neutral” rating on shares of Newell Brands in a report on Tuesday. Three analysts have rated the stock with a Buy rating, four have issued a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $4.88.

Newell Brands Price Performance

The company has a quick ratio of 0.51, a current ratio of 1.04 and a debt-to-equity ratio of 1.94. The firm has a market capitalization of $2.33 billion, a price-to-earnings ratio of -8.17, a P/E/G ratio of 6.17 and a beta of 0.87. The company has a fifty day moving average price of $4.56 and a two-hundred day moving average price of $4.28.

Newell Brands (NASDAQ:NWL) last announced its earnings results on Friday, May 1st. The company reported ($0.05) EPS for the quarter, beating analysts’ consensus estimates of ($0.09) by $0.04. The business 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%. The company’s quarterly revenue was down 1.1% on a year-over-year basis. During the same period in the previous year, the company 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, equities research analysts expect that Newell Brands Inc. will post 0.57 EPS for the current fiscal year.

Newell Brands Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, June 15th. Stockholders of record on Friday, May 29th were paid a dividend of $0.07 per share. This represents a $0.28 annualized dividend and a dividend yield of 5.1%. The ex-dividend date was Friday, May 29th. Newell Brands’s dividend payout ratio is -41.79%.

Insider Buying and Selling

In other news, insider Melanie Arlene Huet sold 91,000 shares of Newell Brands stock in a transaction dated Friday, May 8th. The shares were sold at an average price of $4.50, for a total value of $409,500.00. Following the sale, the insider owned 867 shares of the company’s stock, valued at $3,901.50. The trade was a 99.06% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Bradford R. Turner sold 100,000 shares of the business’s stock in a transaction dated Friday, May 22nd. The stock was sold at an average price of $3.60, for a total transaction of $360,000.00. Following the transaction, the insider 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. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 202,750 shares of company stock valued at $812,396 over the last three months. 1.64% of the stock is currently 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. Quarry LP boosted its holdings in Newell Brands by 139.3% in 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 in the last quarter. Summit Securities Group LLC purchased a new position in shares of Newell Brands during the 4th quarter worth approximately $30,000. Vise Technologies Inc. acquired a new stake in shares of Newell Brands in the 3rd quarter valued at approximately $54,000. HighPoint Advisor Group LLC acquired a new stake in shares of Newell Brands in the 4th quarter valued at approximately $39,000. Finally, CreativeOne Wealth LLC purchased a new stake in shares of Newell Brands in the third quarter valued at approximately $54,000. 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.