Cygnus Capital Advisors LLC Boosts Stake in Newell Brands Inc. $NWL

Cygnus Capital Advisors LLC increased its stake in shares of Newell Brands Inc. (NASDAQ:NWL) by 142.7% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,356,995 shares of the company’s stock after purchasing an additional 797,898 shares during the period. Newell Brands makes up approximately 5.6% of Cygnus Capital Advisors LLC’s investment portfolio, making the stock its 2nd largest holding. Cygnus Capital Advisors LLC’s holdings in Newell Brands were worth $8,332,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. BlackRock Inc. acquired a new position in shares of Newell Brands during the 2nd quarter worth about $436,133,000. Pzena Investment Management LLC bought a new position in Newell Brands during the 2nd quarter worth approximately $294,663,000. AQR Capital Management LLC grew its holdings in Newell Brands by 197.8% during the fourth quarter. AQR Capital Management LLC now owns 21,166,902 shares of the company’s stock valued at $78,741,000 after purchasing an additional 14,059,209 shares during the period. Rubric Capital Management LP acquired a new position in Newell Brands during the third quarter valued at approximately $68,120,000. Finally, Primecap Management Co. CA acquired a new stake in Newell Brands in the second quarter worth $36,003,000. Institutional investors and hedge funds own 92.50% of the company’s stock.

Insider Transactions at Newell Brands

In other news, insider Bradford Turner sold 100,000 shares of the business’s stock in a transaction dated Thursday, August 6th. The shares were sold at an average price of $6.16, for a total transaction of $616,000.00. Following the transaction, the insider directly owned 433,398 shares in the company, valued at $2,669,731.68. The trade was a 18.75% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Company insiders own 1.64% of the company’s stock.

Newell Brands Price Performance

Newell Brands stock opened at $6.11 on Tuesday. The company has a fifty day simple moving average of $5.72 and a 200 day simple moving average of $4.70. The company has a current ratio of 1.11, a quick ratio of 0.59 and a debt-to-equity ratio of 1.85. 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 $2.60 billion, a P/E ratio of -11.53, a price-to-earnings-growth ratio of 1.51 and a beta of 0.89.

Newell Brands (NASDAQ:NWL) last posted its quarterly earnings data on Friday, July 31st. The company reported $0.42 EPS for the quarter, topping analysts’ consensus estimates of $0.20 by $0.22. The company had revenue of $1.99 billion during the quarter, compared to the consensus estimate of $1.98 billion. Newell Brands had a negative net margin of 3.05% and a positive return on equity of 12.31%. The company’s quarterly revenue was up 3.0% on a year-over-year basis. During the same period in the prior year, the business posted $0.24 EPS. 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. Research analysts anticipate that Newell Brands Inc. will post 0.76 earnings per share for the current fiscal year.

Newell Brands Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Monday, August 31st will be given a dividend of $0.07 per share. This represents a $0.28 annualized dividend and a yield of 4.6%. The ex-dividend date of this dividend is Monday, August 31st. Newell Brands’s dividend payout ratio is -52.83%.

Wall Street Analysts Forecast Growth

NWL has been the topic of several recent analyst reports. Royal Bank Of Canada lifted their price objective on Newell Brands from $4.00 to $5.00 and gave the company a “sector perform” rating in a report on Monday, August 3rd. Citigroup lifted their price target on shares of Newell Brands from $5.50 to $6.00 and gave the company a “neutral” rating in a research note on Tuesday, August 4th. JPMorgan Chase & Co. raised 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 Thursday, July 16th. Morgan Stanley reiterated an “underweight” rating and set a $5.75 target price on shares of Newell Brands in a report on Thursday, August 6th. Finally, Weiss Ratings raised Newell Brands from a “sell (d-)” rating to a “sell (d)” rating in a research report on Wednesday, August 26th. Three research analysts have rated the stock with a Buy rating, five 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 a consensus rating of “Hold” and a consensus target price of $6.66.

Newell Brands Company Profile

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.