Newell Brands (NASDAQ:NWL) Stock Price Up 9.3% – What’s Next?

Newell Brands Inc. (NASDAQ:NWL) traded up 9.3% during mid-day trading on Monday . The company traded as high as $4.01 and last traded at $4.0650. 3,330,018 shares were traded during mid-day trading, a decline of 48% from the average session volume of 6,370,501 shares. The stock had previously closed at $3.72.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on NWL shares. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Newell Brands in a report on Friday, May 15th. UBS Group lifted their price objective 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. Deutsche Bank Aktiengesellschaft lowered their price objective on shares of Newell Brands from $5.00 to $3.00 and set a “hold” rating on the stock in a research report on Monday, March 30th. Canaccord Genuity Group lifted their price objective 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. Finally, Royal Bank Of Canada set a $4.00 price target on shares of Newell Brands in a report on Thursday, April 9th. Three research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $4.94.

Newell Brands Price Performance

The stock’s 50-day moving average price is $3.84 and its 200 day moving average price is $3.97. The firm has a market cap of $1.78 billion, a price-to-earnings ratio of -6.26, a price-to-earnings-growth ratio of 4.57 and a beta of 1.01. The company has a quick ratio of 0.51, a current ratio of 1.04 and a debt-to-equity ratio of 1.94.

Newell Brands (NASDAQ:NWL) last posted its earnings results on Friday, May 1st. The company reported ($0.05) earnings per share for the quarter, beating 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 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 quarter 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. Equities research analysts predict that Newell Brands Inc. will post 0.57 earnings per share for the current year.

Newell Brands Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, June 15th. Investors of record on Friday, May 29th will be issued a $0.07 dividend. The ex-dividend date of this dividend is Friday, May 29th. This represents a $0.28 dividend on an annualized basis and a dividend yield of 6.7%. Newell Brands’s dividend payout ratio (DPR) is currently -41.79%.

Insiders Place Their Bets

In other Newell Brands news, insider Bradford R. Turner sold 100,000 shares of Newell Brands 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 sale, 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 position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Melanie Arlene Huet sold 91,000 shares of Newell Brands stock in a transaction on Friday, May 8th. The stock was sold at an average price of $4.50, for a total transaction of $409,500.00. Following the sale, the insider directly owned 867 shares of the company’s stock, valued at $3,901.50. This represents a 99.06% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 202,750 shares of company stock valued at $812,397. Company insiders own 1.64% of the company’s stock.

Hedge Funds Weigh In On Newell Brands

A number of hedge funds and other institutional investors have recently made changes to their positions in NWL. Allianz Asset Management GmbH boosted its holdings in Newell Brands by 99.0% in the 3rd quarter. Allianz Asset Management GmbH now owns 1,288,227 shares of the company’s stock valued at $6,750,000 after purchasing an additional 640,970 shares during the period. GSA Capital Partners LLP lifted its holdings in shares of Newell Brands by 262.7% during the 3rd quarter. GSA Capital Partners LLP now owns 346,554 shares of the company’s stock worth $1,816,000 after acquiring an additional 251,012 shares during the period. Intech Investment Management LLC lifted its holdings in shares of Newell Brands by 510.3% during the 4th quarter. Intech Investment Management LLC now owns 483,491 shares of the company’s stock worth $1,799,000 after acquiring an additional 404,269 shares during the period. Candlestick Capital Management LP bought a new position in Newell Brands in the 3rd quarter valued at approximately $31,786,000. Finally, Pzena Investment Management LLC lifted its stake in Newell Brands by 5.0% in the 4th quarter. Pzena Investment Management LLC now owns 50,019,553 shares of the company’s stock valued at $186,073,000 after purchasing an additional 2,375,782 shares during the last quarter. 92.50% of the stock is owned by institutional investors.

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.