Newell Brands Inc. $NWL Shares Acquired by Pzena Investment Management LLC

Pzena Investment Management LLC lifted its stake in shares of Newell Brands Inc. (NASDAQ:NWL) by 5.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 50,019,553 shares of the company’s stock after purchasing an additional 2,375,782 shares during the quarter. Pzena Investment Management LLC owned about 0.12% of Newell Brands worth $186,073,000 at the end of the most recent quarter.

Several other hedge funds have also recently modified their holdings of NWL. Deprince Race & Zollo Inc. increased its stake in Newell Brands by 0.7% in the 4th quarter. Deprince Race & Zollo Inc. now owns 18,802,600 shares of the company’s stock valued at $69,946,000 after buying an additional 131,796 shares during the period. State Street Corp boosted its holdings in shares of Newell Brands by 3.4% in the second quarter. State Street Corp now owns 14,568,603 shares of the company’s stock valued at $78,670,000 after acquiring an additional 474,995 shares in the last quarter. Rubric Capital Management LP purchased a new stake in shares of Newell Brands in the third quarter valued at about $68,120,000. Candlestick Capital Management LP acquired a new position in shares of Newell Brands during the third quarter worth about $31,786,000. Finally, Victory Capital Management Inc. increased its stake in shares of Newell Brands by 1.1% during the third quarter. Victory Capital Management Inc. now owns 5,888,204 shares of the company’s stock worth $30,854,000 after acquiring an additional 62,164 shares during the period. 92.50% of the stock is owned by institutional investors and hedge funds.

Newell Brands Stock Performance

NASDAQ NWL opened at $3.58 on Friday. Newell Brands Inc. has a 1-year low of $3.07 and a 1-year high of $6.64. The company has a market capitalization of $1.52 billion, a P/E ratio of -5.34, a PEG ratio of 4.34 and a beta of 1.06. The business has a 50 day moving average price of $3.89 and a 200 day moving average price of $3.95. The company has a debt-to-equity ratio of 1.94, a current ratio of 1.04 and a quick ratio of 0.51.

Newell Brands (NASDAQ:NWL) last released its quarterly earnings data on Friday, May 1st. The company reported ($0.05) earnings per share for the quarter, beating the consensus estimate of ($0.09) by $0.04. Newell Brands had a positive return on equity of 8.89% and a negative net margin of 3.91%.The firm had revenue of $1.55 billion during the quarter, compared to the consensus estimate of $1.51 billion. During the same period last year, the business posted ($0.01) EPS. Newell Brands’s quarterly revenue was down 1.1% on a year-over-year basis. 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. Sell-side analysts expect that Newell Brands Inc. will post 0.57 EPS for the current fiscal year.

Newell Brands Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 15th. Investors of record on Friday, May 29th will be paid a $0.07 dividend. This represents a $0.28 annualized dividend and a yield of 7.8%. The ex-dividend date of this dividend is Friday, May 29th. Newell Brands’s dividend payout ratio (DPR) is presently -41.79%.

More Newell Brands News

Here are the key news stories impacting Newell Brands this week:

• Positive Sentiment: Zacks Research raised its earnings forecasts for Newell Brands (NWL) for several future periods, including Q4 2026, Q3 2027, Q4 2027, and FY2028. Higher forward EPS estimates can support a better valuation if investors believe profitability is improving. Newell Brands (NWL) Valuation Check As Guidance Improves But Analyst Concerns On Margins Persist
• Neutral Sentiment: The company continues to be viewed as a turnaround story, with estimates suggesting earnings growth later in 2027 and 2028, but the near-term picture remains uneven. Newell Brands (NASDAQ:NWL) Downgraded by Morgan Stanley to Underweight
• Negative Sentiment: Morgan Stanley downgraded Newell Brands to Underweight and cut its price target to $3.50 from $4.00, citing limited upside and margin concerns. That kind of analyst call can pressure the shares. Benzinga report on Morgan Stanley downgrade
• Negative Sentiment: Zacks also lowered its Q2 2026 EPS estimate, signaling some near-term earnings pressure even as later forecasts improved. This suggests investors may still be cautious about the next few quarters.

Analysts Set New Price Targets

A number of brokerages recently commented on NWL. Barclays reduced their price objective on shares of Newell Brands from $6.00 to $5.00 and set an “overweight” rating for the company in a research report on Tuesday, April 14th. Deutsche Bank Aktiengesellschaft dropped their target price on Newell Brands from $5.00 to $3.00 and set a “hold” rating on the stock in a research report on Monday, March 30th. Weiss Ratings reissued a “sell (d-)” rating on shares of Newell Brands in a report on Friday, May 15th. Royal Bank Of Canada set a $4.00 price target on Newell Brands in a report on Thursday, April 9th. Finally, Citigroup raised their price target on Newell Brands from $4.00 to $4.75 and gave the company a “neutral” rating in a report on Monday, May 4th. Three analysts have rated the stock with a Buy rating, five have given a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, Newell Brands currently has a consensus rating of “Hold” and a consensus target price of $4.94.

Insiders Place Their Bets

In related news, insider Melanie Arlene Huet sold 91,000 shares of the firm’s stock in a transaction that occurred on Friday, May 8th. The stock was sold at an average price of $4.50, for a total value of $409,500.00. Following the completion of the transaction, the insider directly owned 867 shares of the company’s stock, valued at $3,901.50. This trade represents a 99.06% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 1.64% of the stock is owned by insiders.

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.