Bradford Turner Sells 100,000 Shares of Newell Brands (NASDAQ:NWL) Stock

Newell Brands Inc. (NASDAQ:NWL) insider Bradford Turner sold 100,000 shares of the firm’s stock in a transaction on Thursday, August 6th. The stock was sold at an average price of $6.16, for a total value of $616,000.00. Following the completion of the sale, the insider directly owned 433,398 shares of the company’s stock, valued at $2,669,731.68. The trade was a 18.75% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

Newell Brands Stock Up 4.2%

Shares of NWL stock opened at $6.15 on Wednesday. The stock’s fifty day moving average price is $5.25 and its 200 day moving average price is $4.49. Newell Brands Inc. has a 1-year low of $3.07 and a 1-year high of $7.13. The company has a market cap of $2.62 billion, a price-to-earnings ratio of -11.60, a price-to-earnings-growth ratio of 1.46 and a beta of 0.88. The company has a debt-to-equity ratio of 1.85, a current ratio of 1.11 and a quick ratio of 0.59.

Newell Brands (NASDAQ:NWL) last released its quarterly earnings results on Friday, July 31st. The company reported $0.42 EPS for the quarter, beating analysts’ consensus estimates of $0.20 by $0.22. The company had revenue of $1.99 billion during the quarter, compared to analysts’ expectations of $1.98 billion. Newell Brands had a positive return on equity of 12.31% and a negative net margin of 3.05%.The firm’s revenue was up 3.0% compared to the same quarter last year. During the same period last year, the business posted $0.24 earnings per share. Newell Brands has set its Q3 2026 guidance at 0.180-0.200 EPS and its FY 2026 guidance at 0.730-0.770 EPS. On average, research analysts expect that Newell Brands Inc. will post 0.76 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on the stock. Barclays lifted their target price on shares of Newell Brands from $5.00 to $7.00 and gave the stock an “overweight” rating in a research note on Tuesday, July 21st. UBS Group raised their price target on shares of Newell Brands from $4.75 to $5.50 and gave the stock a “neutral” rating in a report on Monday, August 3rd. JPMorgan Chase & Co. lifted their price objective on shares of Newell Brands from $5.00 to $7.00 and gave the stock an “overweight” rating in a research note on Thursday, July 16th. Zacks Research raised shares of Newell Brands from a “hold” rating to a “strong-buy” rating in a report on Friday, July 31st. Finally, Morgan Stanley reissued an “underweight” rating and issued a $5.75 target price on shares of Newell Brands in a research report on Thursday, August 6th. One investment analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, four have assigned a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $6.66.

Institutional Investors Weigh In On Newell Brands

A number of large investors have recently bought and sold shares of NWL. Ieq Capital LLC acquired a new position in Newell Brands in the 2nd quarter worth approximately $1,489,000. Allworth Financial LP acquired a new stake in shares of Newell Brands in the second quarter worth $136,000. Vise Technologies Inc. acquired a new stake in shares of Newell Brands in the second quarter worth $96,000. CM Wealth Advisors LLC purchased a new position in shares of Newell Brands during the second quarter worth $76,000. Finally, one8zero8 LLC purchased a new position in shares of Newell Brands during the second quarter worth $235,000. Hedge funds and other institutional investors 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.