Newell Brands (NASDAQ:NWL) Stock Price Down 8.1% – Here’s What Happened

Newell Brands Inc. (NASDAQ:NWL) shares fell 8.1% during trading on Thursday . The stock traded as low as $4.98 and last traded at $4.9550. Approximately 5,256,203 shares changed hands during mid-day trading, a decline of 33% from the average session volume of 7,859,764 shares. The stock had previously closed at $5.39.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on the company. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Newell Brands in a report on Friday, May 15th. Barclays increased their price objective on shares of Newell Brands from $5.00 to $7.00 and gave the stock an “overweight” rating in a report on Tuesday. Canaccord Genuity Group upped their price target on Newell Brands from $8.00 to $9.00 and gave the company a “buy” rating in a research note on Thursday, April 16th. Royal Bank Of Canada set a $4.00 target price on shares of Newell Brands in a report on Thursday, April 9th. Finally, UBS Group upped their price target on Newell Brands from $4.25 to $4.75 and gave the company a “neutral” rating in a research note on Thursday, July 16th. Three research analysts have rated the stock with a Buy rating, four have issued a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $5.38.

Newell Brands Stock Up 1.0%

The firm’s 50 day simple moving average is $4.72 and its 200-day simple moving average is $4.35. 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 market capitalization of $2.16 billion, a price-to-earnings ratio of -7.58, a price-to-earnings-growth ratio of 6.16 and a beta of 0.87.

Newell Brands (NASDAQ:NWL) last posted its quarterly earnings data on Friday, May 1st. The company reported ($0.05) EPS 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 company’s quarterly revenue was down 1.1% on a year-over-year basis. During the same period in the prior year, the business 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. Equities analysts expect that Newell Brands Inc. will post 0.57 earnings per share for the current fiscal year.

Newell Brands Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, June 15th. Shareholders of record on Friday, May 29th were paid a $0.07 dividend. This represents a $0.28 dividend on an annualized basis and a yield of 5.5%. The ex-dividend date was Friday, May 29th. Newell Brands’s dividend payout ratio (DPR) is currently -41.79%.

Insider Transactions at Newell Brands

In related news, insider Kristine Kay Malkoski sold 10,850 shares of the firm’s stock in a transaction dated Wednesday, May 27th. The shares were sold at an average price of $3.65, for a total value of $39,602.50. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Bradford R. Turner sold 100,000 shares of the stock in a transaction on Friday, May 22nd. The shares were sold at an average price of $3.60, for a total value of $360,000.00. Following the completion of the sale, 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 position. The disclosure for this sale is available in the SEC filing. Insiders have sold 202,750 shares of company stock worth $812,396 in the last ninety days. Insiders own 1.64% of the company’s stock.

Institutional Investors Weigh In On Newell Brands

Large investors have recently added to or reduced their stakes in the stock. Quarry LP increased its position in shares of Newell Brands by 139.3% in the fourth quarter. Quarry LP now owns 7,416 shares of the company’s stock worth $28,000 after purchasing an additional 4,317 shares during the period. Summit Securities Group LLC bought a new stake in Newell Brands during the fourth quarter worth about $30,000. Citizens Financial Group Inc. RI acquired a new stake in Newell Brands during the fourth quarter worth about $39,000. HighPoint Advisor Group LLC bought a new position in Newell Brands in the 4th quarter valued at about $39,000. Finally, 111 Capital acquired a new position in shares of Newell Brands in the 4th quarter valued at approximately $39,000. Institutional investors and hedge funds own 92.50% of the company’s stock.

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.