Newell Brands Inc. $NWL Position Lowered by RBF Capital LLC

RBF Capital LLC decreased its stake in shares of Newell Brands Inc. (NASDAQ:NWL) by 75.6% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund owned 210,000 shares of the company’s stock after selling 650,000 shares during the period. RBF Capital LLC’s holdings in Newell Brands were worth $720,000 as of its most recent filing with the SEC.

A number of other hedge funds have also bought and sold shares of the company. Quarry LP increased its holdings in Newell Brands by 139.3% in the fourth quarter. Quarry LP now owns 7,416 shares of the company’s stock valued at $28,000 after buying an additional 4,317 shares during the last quarter. Summit Securities Group LLC bought a new position in Newell Brands during the 4th quarter worth approximately $30,000. Vise Technologies Inc. bought a new position in Newell Brands during the 3rd quarter worth approximately $54,000. HighPoint Advisor Group LLC acquired a new position in shares of Newell Brands in the 4th quarter worth approximately $39,000. Finally, CreativeOne Wealth LLC acquired a new position in shares of Newell Brands in the 3rd quarter worth approximately $54,000. 92.50% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Newell Brands

In other news, insider Bradford R. Turner sold 100,000 shares of the business’s stock in a transaction on Friday, May 22nd. The shares were sold at an average price of $3.60, for a total transaction of $360,000.00. Following the completion of the transaction, the insider owned 464,449 shares of the company’s stock, valued at approximately $1,672,016.40. The trade was a 17.72% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, insider Kristine Kay Malkoski sold 10,850 shares of the company’s stock in a transaction dated Wednesday, May 27th. The stock was sold at an average price of $3.65, for a total transaction of $39,602.50. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 202,750 shares of company stock worth $812,396. 1.64% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

NWL has been the subject of a number of research analyst reports. JPMorgan Chase & Co. boosted their price target on Newell Brands from $5.00 to $7.00 and gave the company an “overweight” rating in a report on Thursday, July 16th. UBS Group raised their price objective on Newell Brands from $4.25 to $4.75 and gave the stock a “neutral” rating in a research note on Thursday, July 16th. Barclays lifted 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, July 21st. Citigroup reissued a “neutral” rating on shares of Newell Brands in a report on Tuesday, July 14th. Finally, Weiss Ratings restated a “sell (d-)” rating on shares of Newell Brands in a research report on Friday, May 15th. Three equities 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 company. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $5.38.

Newell Brands Stock Down 1.3%

NASDAQ:NWL opened at $5.19 on Thursday. The firm has a market capitalization of $2.21 billion, a PE ratio of -7.75, a price-to-earnings-growth ratio of 6.44 and a beta of 0.87. The stock has a 50 day moving average of $4.81 and a 200-day moving average of $4.38. Newell Brands Inc. has a 52 week low of $3.07 and a 52 week high of $6.64. The company has a current ratio of 1.04, a quick ratio of 0.51 and a debt-to-equity ratio of 1.94.

Newell Brands (NASDAQ:NWL) last announced 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 business had revenue of $1.55 billion for the quarter, compared to analysts’ expectations 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 quarterly revenue was down 1.1% on a year-over-year basis. During the same period in the prior year, the firm earned ($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 predict that Newell Brands Inc. will post 0.57 EPS for the current year.

Newell Brands Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, June 15th. Shareholders of record on Friday, May 29th were given a $0.07 dividend. The ex-dividend date of this dividend was Friday, May 29th. This represents a $0.28 annualized dividend and a yield of 5.4%. Newell Brands’s dividend payout ratio (DPR) is currently -41.79%.

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.