Brokerages Set Newell Brands Inc. (NASDAQ:NWL) Price Target at $4.94

Shares of Newell Brands Inc. (NASDAQ:NWL) have earned an average recommendation of “Hold” from the ten research firms that are currently covering the company, MarketBeat reports. Two research analysts have rated the stock with a sell recommendation, five have issued a hold recommendation and three have issued a buy recommendation on the company. The average 12-month price target among brokerages that have issued ratings on the stock in the last year is $4.9444.

Several research analysts have recently weighed in on NWL shares. Morgan Stanley cut shares of Newell Brands from an “equal weight” rating to an “underweight” rating and reduced their price target for the company from $4.00 to $3.50 in a report on Wednesday, May 20th. Deutsche Bank Aktiengesellschaft reduced their price target on shares of Newell Brands from $5.00 to $3.00 and set a “hold” rating for the company in a report on Monday, March 30th. Barclays reduced their price target on shares of Newell Brands from $6.00 to $5.00 and set an “overweight” rating for the company in a report on Tuesday, April 14th. UBS Group upped their price target on shares of Newell Brands from $3.75 to $4.25 and gave the company a “neutral” rating in a report on Monday, May 4th. Finally, Citigroup upped their price target on shares of Newell Brands from $4.00 to $4.75 and gave the company a “neutral” rating in a report on Monday, May 4th.

Insider Transactions at Newell Brands

In other Newell Brands news, insider Bradford R. Turner sold 100,000 shares of the business’s stock in a transaction that occurred on 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 of the company’s stock, valued at $1,672,016.40. The trade was a 17.72% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Melanie Arlene Huet sold 91,000 shares of the business’s stock in a transaction that occurred 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 transaction, the insider directly owned 867 shares in the company, valued at $3,901.50. This trade represents a 99.06% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 202,750 shares of company stock valued at $812,397 over the last 90 days. 1.64% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the stock. GSA Capital Partners LLP raised its position in Newell Brands by 262.7% during the third quarter. GSA Capital Partners LLP now owns 346,554 shares of the company’s stock worth $1,816,000 after acquiring an additional 251,012 shares in the last quarter. Intech Investment Management LLC raised its position in Newell Brands by 510.3% during the fourth quarter. Intech Investment Management LLC now owns 483,491 shares of the company’s stock worth $1,799,000 after acquiring an additional 404,269 shares in the last quarter. Candlestick Capital Management LP bought a new stake in Newell Brands during the third quarter worth $31,786,000. Pzena Investment Management LLC raised its position in Newell Brands by 5.0% during the fourth quarter. Pzena Investment Management LLC now owns 50,019,553 shares of the company’s stock worth $186,073,000 after acquiring an additional 2,375,782 shares in the last quarter. Finally, Neo Ivy Capital Management raised its position in Newell Brands by 365.5% during the third quarter. Neo Ivy Capital Management now owns 318,102 shares of the company’s stock worth $1,667,000 after acquiring an additional 249,765 shares in the last quarter. Institutional investors and hedge funds own 92.50% of the company’s stock.

Newell Brands Stock Up 4.9%

Shares of NASDAQ NWL opened at $4.97 on Thursday. The stock has a market cap of $2.11 billion, a P/E ratio of -7.42, a P/E/G ratio of 5.82 and a beta of 1.01. The firm has a 50 day moving average price of $4.03 and a 200 day moving average price of $4.04. The company has a debt-to-equity ratio of 1.94, a quick ratio of 0.51 and a current ratio of 1.04. Newell Brands has a 52-week low of $3.07 and a 52-week high of $6.64.

Newell Brands (NASDAQ:NWL) last released its quarterly earnings results on Friday, May 1st. The company reported ($0.05) earnings per share for the quarter, beating the consensus estimate of ($0.09) by $0.04. The company had revenue of $1.55 billion during 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 business’s quarterly revenue was down 1.1% compared to the same quarter last year. During the same quarter in the prior year, the company earned ($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. Analysts expect that Newell Brands will post 0.57 EPS for the current 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 issued a $0.07 dividend. This represents a $0.28 annualized dividend and a dividend yield of 5.6%. The ex-dividend date was Friday, May 29th. Newell Brands’s dividend payout ratio is -41.79%.

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.