Newell Brands Inc. (NASDAQ:NWL) Receives $4.94 Consensus Target Price from Analysts

Shares of Newell Brands Inc. (NASDAQ:NWLGet Free Report) have received a consensus rating of “Hold” from the nine analysts that are currently covering the firm, MarketBeat.com reports. Two investment analysts have rated the stock with a sell rating, four have given a hold rating and three have assigned a buy rating to the company. The average 1 year price objective among brokerages that have issued ratings on the stock in the last year is $4.8125.

A number of research analysts have recently weighed in on the stock. Morgan Stanley downgraded shares of Newell Brands from an “equal weight” rating to an “underweight” rating and reduced their target price for the company from $4.00 to $3.50 in a research report on Wednesday, May 20th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Newell Brands in a report on Friday, May 15th. Deutsche Bank Aktiengesellschaft dropped their price objective on Newell Brands from $5.00 to $3.00 and set a “hold” rating on the stock in a research note on Monday, March 30th. Barclays reduced their price objective on Newell Brands from $6.00 to $5.00 and set an “overweight” rating for the company in a report on Tuesday, April 14th. Finally, UBS Group boosted their target price on Newell Brands from $3.75 to $4.25 and gave the company a “neutral” rating in a research note on Monday, May 4th.

Get Our Latest Report on NWL

Insider Buying and Selling at Newell Brands

In other Newell Brands news, insider Kristine Kay Malkoski sold 10,850 shares of the stock in a transaction dated Wednesday, May 27th. The shares were sold at an average price of $3.65, for a total transaction of $39,602.50. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Bradford R. Turner sold 100,000 shares of Newell Brands stock in a transaction dated Friday, May 22nd. The stock was 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 $1,672,016.40. The trade was a 17.72% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 202,750 shares of company stock valued at $812,396 over the last three months. 1.64% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the business. Quarry LP lifted its position in shares of Newell Brands by 139.3% during the fourth quarter. Quarry LP now owns 7,416 shares of the company’s stock worth $28,000 after acquiring an additional 4,317 shares in the last quarter. Summit Securities Group LLC purchased a new position in shares of Newell Brands in the fourth quarter valued at $30,000. Citizens Financial Group Inc. RI bought a new stake in shares of Newell Brands during the 4th quarter valued at $39,000. HighPoint Advisor Group LLC bought a new stake in shares of Newell Brands during the 4th quarter valued at $39,000. Finally, 111 Capital purchased a new stake in Newell Brands during the 4th quarter worth about $39,000. 92.50% of the stock is currently owned by hedge funds and other institutional investors.

Newell Brands Stock Performance

NASDAQ NWL opened at $5.17 on Monday. The business’s fifty day moving average is $4.52 and its 200-day moving average is $4.25. The company has a debt-to-equity ratio of 1.94, a current ratio of 1.04 and a quick ratio of 0.51. The stock has a market capitalization of $2.20 billion, a price-to-earnings ratio of -7.72, a PEG ratio of 6.35 and a beta of 0.87. Newell Brands has a one year low of $3.07 and a one year high of $6.64.

Newell Brands (NASDAQ:NWLGet Free Report) last posted its quarterly earnings results 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 negative net margin of 3.91% and a positive return on equity of 8.89%. The company had revenue of $1.55 billion during the quarter, compared to analyst estimates of $1.51 billion. During the same quarter in the prior year, the business earned ($0.01) earnings per share. The firm’s revenue for the quarter 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. Equities research analysts predict that Newell Brands will post 0.57 EPS for the current year.

Newell Brands Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 15th. Investors of record on Friday, May 29th were paid a $0.07 dividend. This represents a $0.28 dividend on an annualized basis and a yield of 5.4%. The ex-dividend date was Friday, May 29th. Newell Brands’s payout ratio is currently -41.79%.

About Newell Brands

(Get Free Report)

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.

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Analyst Recommendations for Newell Brands (NASDAQ:NWL)

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