Savant Capital LLC Sells 118,200 Shares of Newell Brands Inc. $NWL

Savant Capital LLC reduced its position in Newell Brands Inc. (NASDAQ:NWL) by 48.6% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 125,206 shares of the company’s stock after selling 118,200 shares during the period. Savant Capital LLC’s holdings in Newell Brands were worth $656,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently bought and sold shares of the company. Uhlmann Price Securities LLC lifted its holdings in Newell Brands by 0.9% in the second quarter. Uhlmann Price Securities LLC now owns 229,198 shares of the company’s stock valued at $1,238,000 after acquiring an additional 1,955 shares during the period. California State Teachers Retirement System increased its position in shares of Newell Brands by 0.6% during the 2nd quarter. California State Teachers Retirement System now owns 384,848 shares of the company’s stock valued at $2,078,000 after purchasing an additional 2,108 shares during the last quarter. Osaic Holdings Inc. lifted its stake in shares of Newell Brands by 19.6% in the 2nd quarter. Osaic Holdings Inc. now owns 14,104 shares of the company’s stock worth $76,000 after purchasing an additional 2,308 shares during the period. Janney Montgomery Scott LLC boosted its holdings in shares of Newell Brands by 4.5% in the second quarter. Janney Montgomery Scott LLC now owns 74,943 shares of the company’s stock worth $405,000 after buying an additional 3,204 shares during the last quarter. Finally, State Board of Administration of Florida Retirement System boosted its holdings in shares of Newell Brands by 0.8% in the second quarter. State Board of Administration of Florida Retirement System now owns 421,898 shares of the company’s stock worth $2,278,000 after buying an additional 3,290 shares during the last quarter. Hedge funds and other institutional investors own 92.50% of the company’s stock.

Analysts Set New Price Targets

NWL has been the subject of a number of research reports. Morgan Stanley upped their target price on shares of Newell Brands from $4.25 to $4.50 and gave the company an “equal weight” rating in a report on Tuesday. Royal Bank Of Canada reduced their price objective on Newell Brands from $8.00 to $4.50 and set a “sector perform” rating for the company in a research note on Monday, November 3rd. Citigroup lifted their target price on Newell Brands from $4.25 to $5.00 and gave the company a “neutral” rating in a research report on Monday. UBS Group restated a “neutral” rating and issued a $5.00 price target on shares of Newell Brands in a research report on Monday. Finally, Canaccord Genuity Group lifted their price objective on Newell Brands from $7.00 to $8.00 and gave the company a “buy” rating in a research report on Monday, January 26th. Four equities research analysts have rated the stock with a Buy rating, five have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, Newell Brands currently has an average rating of “Hold” and an average price target of $6.11.

Newell Brands Trading Down 1.0%

Shares of NWL stock opened at $4.51 on Thursday. Newell Brands Inc. has a 52-week low of $3.07 and a 52-week high of $7.24. The company has a debt-to-equity ratio of 1.90, a quick ratio of 0.57 and a current ratio of 1.07. The firm has a market capitalization of $1.89 billion, a PE ratio of -6.63 and a beta of 0.93. The stock has a fifty day simple moving average of $4.04 and a two-hundred day simple moving average of $4.59.

Newell Brands (NASDAQ:NWL) last released its earnings results on Friday, February 6th. The company reported $0.18 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.18. The firm had revenue of $1.90 billion during the quarter, compared to analysts’ expectations of $1.88 billion. Newell Brands had a positive return on equity of 9.17% and a negative net margin of 3.96%.The firm’s revenue was down 2.7% on a year-over-year basis. During the same quarter last year, the business posted $0.16 earnings per share. Newell Brands has set its Q1 2026 guidance at -0.120–0.080 EPS. On average, analysts predict that Newell Brands Inc. will post 0.72 EPS for the current fiscal year.

Newell Brands Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 13th. Stockholders 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 annualized dividend and a dividend yield of 6.2%. Newell Brands’s dividend payout ratio (DPR) is presently -41.18%.

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.