RBF Capital LLC Trims Stake in Newell Brands Inc. $NWL

RBF Capital LLC reduced its position in shares of Newell Brands Inc. (NASDAQ:NWL) by 18.9% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 860,000 shares of the company’s stock after selling 200,000 shares during the period. RBF Capital LLC owned approximately 0.21% of Newell Brands worth $3,199,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. Quarry LP grew its position in shares of Newell Brands by 139.3% during the 4th quarter. Quarry LP now owns 7,416 shares of the company’s stock valued at $28,000 after purchasing an additional 4,317 shares in the last quarter. Vise Technologies Inc. purchased a new position in shares of Newell Brands during the 3rd quarter valued at $54,000. HighPoint Advisor Group LLC purchased a new position in shares of Newell Brands during the 4th quarter valued at $39,000. CreativeOne Wealth LLC purchased a new position in shares of Newell Brands during the 3rd quarter valued at $54,000. Finally, 111 Capital purchased a new position in shares of Newell Brands during the 4th quarter valued at $39,000. 92.50% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on NWL shares. Canaccord Genuity Group upped their target price 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. Morgan Stanley lowered shares of Newell Brands from an “equal weight” rating to an “underweight” rating and cut their target price for the stock from $4.00 to $3.50 in a research report on Wednesday, May 20th. UBS Group upped their target price on shares of Newell Brands from $3.75 to $4.25 and gave the stock a “neutral” rating in a research report on Monday, May 4th. Citigroup upped their target price on shares of Newell Brands from $4.00 to $4.75 and gave the stock a “neutral” rating in a research report on Monday, May 4th. Finally, Royal Bank Of Canada set a $4.00 target price on shares of Newell Brands in a research report on Thursday, April 9th. Three research analysts have rated the stock with a Buy rating, five have given a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Newell Brands has an average rating of “Hold” and an average price target of $4.94.

Newell Brands Stock Performance

Newell Brands stock opened at $4.74 on Wednesday. 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 $2.01 billion, a PE ratio of -7.07, a P/E/G ratio of 5.85 and a beta of 1.01. The firm has a fifty day simple moving average of $4.00 and a two-hundred day simple moving average of $4.03. Newell Brands Inc. has a twelve month low of $3.07 and a twelve month high of $6.64.

Newell Brands (NASDAQ:NWL) last posted its quarterly earnings results on Friday, May 1st. The company reported ($0.05) earnings per share 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 negative net margin of 3.91% and a positive return on equity of 8.89%. The firm’s revenue for the quarter 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. Research analysts expect that Newell Brands Inc. will post 0.57 EPS for the current year.

Newell Brands Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 15th. Stockholders of record on Friday, May 29th were paid a dividend of $0.07 per share. This represents a $0.28 annualized dividend and a dividend yield of 5.9%. The ex-dividend date of this dividend was Friday, May 29th. Newell Brands’s dividend payout ratio is -41.79%.

Insider Activity

In other news, insider Melanie Arlene Huet sold 91,000 shares of the company’s stock in a transaction dated 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 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 legal filing with the SEC, which is accessible through this hyperlink. Also, insider Kristine Kay Malkoski sold 10,850 shares of the company’s stock in a transaction dated Wednesday, May 27th. The shares were sold at an average price of $3.65, for a total transaction of $39,602.50. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 202,750 shares of company stock valued at $812,397. Insiders own 1.64% 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.