Newell Brands (NASDAQ:NWL) Insider Sells $409,500.00 in Stock

Newell Brands Inc. (NASDAQ:NWL) 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 owned 867 shares of the company’s stock, valued at approximately $3,901.50. This represents a 99.06% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

Newell Brands Stock Performance

Shares of NASDAQ NWL opened at $4.04 on Thursday. The company has a current ratio of 1.04, a quick ratio of 0.51 and a debt-to-equity ratio of 1.94. The stock has a 50 day simple moving average of $3.97 and a 200-day simple moving average of $3.99. The company has a market cap of $1.72 billion, a PE ratio of -6.03, a P/E/G ratio of 4.94 and a beta of 1.06. Newell Brands Inc. has a 12-month low of $3.07 and a 12-month high of $6.64.

Newell Brands (NASDAQ:NWL) last issued its quarterly earnings data on Friday, May 1st. The company reported ($0.05) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.09) by $0.04. The business had revenue of $1.55 billion during the quarter, compared to the consensus estimate of $1.51 billion. Newell Brands had a positive return on equity of 8.89% and a negative net margin of 3.91%.The business’s revenue was down 1.1% on a year-over-year basis. During the same period 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. On average, equities research analysts forecast that Newell Brands Inc. will post 0.57 EPS for the current year.

Newell Brands Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, June 15th. Investors of record on Friday, May 29th will be issued a dividend of $0.07 per share. The ex-dividend date of this dividend is Friday, May 29th. This represents a $0.28 annualized dividend and a yield of 6.9%. Newell Brands’s payout ratio is presently -41.79%.

Hedge Funds Weigh In On Newell Brands

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Pzena Investment Management LLC grew its position in Newell Brands by 5.0% during the 4th quarter. Pzena Investment Management LLC now owns 50,019,553 shares of the company’s stock worth $186,073,000 after purchasing an additional 2,375,782 shares in the last quarter. AQR Capital Management LLC grew its position in Newell Brands by 197.8% during the 4th quarter. AQR Capital Management LLC now owns 21,166,902 shares of the company’s stock worth $78,741,000 after purchasing an additional 14,059,209 shares in the last quarter. Massachusetts Financial Services Co. MA grew its position in Newell Brands by 0.8% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 20,765,031 shares of the company’s stock worth $108,809,000 after purchasing an additional 172,854 shares in the last quarter. Deprince Race & Zollo Inc. grew its position in Newell Brands by 0.7% during the 4th quarter. Deprince Race & Zollo Inc. now owns 18,802,600 shares of the company’s stock worth $69,946,000 after purchasing an additional 131,796 shares in the last quarter. Finally, State Street Corp grew its position in Newell Brands by 2.1% during the 4th quarter. State Street Corp now owns 14,615,775 shares of the company’s stock worth $54,371,000 after purchasing an additional 295,001 shares in the last quarter. 92.50% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

NWL has been the topic of several recent analyst reports. Royal Bank Of Canada set a $4.00 target price on Newell Brands in a report on Thursday, April 9th. Deutsche Bank Aktiengesellschaft dropped their target price on Newell Brands from $5.00 to $3.00 and set a “hold” rating on the stock in a report on Monday, March 30th. UBS Group boosted their target price on Newell Brands from $3.75 to $4.25 and gave the stock a “neutral” rating in a report on Monday, May 4th. Barclays dropped 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. Finally, Morgan Stanley upped their price target on Newell Brands from $4.25 to $4.50 and gave the company an “equal weight” rating in a report on Tuesday, February 10th. Three analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, Newell Brands currently has an average rating of “Hold” and a consensus target price of $5.06.

About Newell Brands

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.