Newell Brands Inc. (NASDAQ:NWL) Receives $5.06 Average PT from Analysts

Shares of Newell Brands Inc. (NASDAQ:NWLGet Free Report) have received a consensus recommendation of “Hold” from the ten analysts that are currently covering the company, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a sell recommendation, five have assigned a hold recommendation and three have issued a buy recommendation on the company. The average 1-year target price among brokers that have updated their coverage on the stock in the last year is $4.9444.

Several analysts recently issued reports on NWL shares. Canaccord Genuity Group increased their price target on shares of Newell Brands from $8.00 to $9.00 and gave the stock a “buy” rating in a research report on Thursday, April 16th. Royal Bank Of Canada set a $4.00 price target on shares of Newell Brands in a research report on Thursday, April 9th. Barclays reduced their price target on shares of Newell Brands from $6.00 to $5.00 and set an “overweight” rating on the stock in a research report on Tuesday, April 14th. Morgan Stanley lowered shares of Newell Brands from an “equal weight” rating to an “underweight” rating and reduced their price target for the stock from $4.00 to $3.50 in a research report on Wednesday. Finally, Deutsche Bank Aktiengesellschaft reduced their price target on shares of Newell Brands from $5.00 to $3.00 and set a “hold” rating on the stock in a research report on Monday, March 30th.

Read Our Latest Analysis on NWL

Insider Transactions at Newell Brands

In related news, insider Melanie Arlene Huet sold 91,000 shares of the company’s stock in a transaction that occurred on Friday, May 8th. The shares were sold at an average price of $4.50, for a total transaction of $409,500.00. Following the completion of the transaction, the insider directly owned 867 shares in the company, valued at $3,901.50. This represents a 99.06% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 1.64% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Newell Brands

A number of institutional investors have recently added to or reduced their stakes in NWL. Quarry LP increased its position 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 acquiring an additional 4,317 shares during the period. Summit Securities Group LLC acquired a new position in Newell Brands in the 4th quarter valued at approximately $30,000. Citizens Financial Group Inc. RI acquired a new position in Newell Brands in the 4th quarter valued at approximately $39,000. HighPoint Advisor Group LLC acquired a new position in Newell Brands in the 4th quarter valued at approximately $39,000. Finally, 111 Capital acquired a new position in Newell Brands in the 4th quarter valued at approximately $39,000. 92.50% of the stock is currently owned by institutional investors and hedge funds.

Newell Brands Stock Performance

NASDAQ NWL opened at $3.58 on Friday. 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 company has a market capitalization of $1.52 billion, a P/E ratio of -5.34, a P/E/G ratio of 4.34 and a beta of 1.06. Newell Brands has a 12-month low of $3.07 and a 12-month high of $6.64. The firm has a 50-day moving average price of $3.89 and a two-hundred day moving average price of $3.95.

Newell Brands (NASDAQ:NWLGet Free Report) last issued its quarterly earnings results on Friday, May 1st. The company reported ($0.05) earnings per share for the quarter, topping analysts’ consensus estimates 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%. The firm’s quarterly revenue was down 1.1% on a year-over-year basis. 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. Analysts anticipate that Newell Brands will post 0.57 earnings per share for the current year.

Newell Brands Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 15th. Investors of record on Friday, May 29th will be given a dividend of $0.07 per share. This represents a $0.28 dividend on an annualized basis and a yield of 7.8%. The ex-dividend date is Friday, May 29th. Newell Brands’s dividend payout ratio is currently -41.79%.

About Newell Brands

(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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Analyst Recommendations for Newell Brands (NASDAQ:NWL)

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