Sei Investments Co. Increases Stock Holdings in Newell Brands Inc. $NWL

Sei Investments Co. raised its position in Newell Brands Inc. (NASDAQ:NWL) by 79.6% in the 1st quarter, HoldingsChannel.com reports. The fund owned 1,062,207 shares of the company’s stock after acquiring an additional 470,631 shares during the quarter. Sei Investments Co.’s holdings in Newell Brands were worth $3,643,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. First Trust Advisors LP boosted its stake in shares of Newell Brands by 1,010.4% in the first quarter. First Trust Advisors LP now owns 1,732,964 shares of the company’s stock valued at $5,944,000 after purchasing an additional 1,576,892 shares during the period. PNC Financial Services Group Inc. increased its stake in Newell Brands by 42.6% during the 1st quarter. PNC Financial Services Group Inc. now owns 35,471 shares of the company’s stock worth $122,000 after buying an additional 10,595 shares during the period. Parallel Advisors LLC increased its stake in Newell Brands by 13.3% during the 1st quarter. Parallel Advisors LLC now owns 23,881 shares of the company’s stock worth $82,000 after buying an additional 2,795 shares during the period. Independent Financial Group LLC purchased a new stake in Newell Brands during the 1st quarter worth approximately $62,000. Finally, Illinois Municipal Retirement Fund lifted its holdings in Newell Brands by 4.7% during the 1st quarter. Illinois Municipal Retirement Fund now owns 227,460 shares of the company’s stock worth $780,000 after buying an additional 10,140 shares in the last quarter. 92.50% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, insider Kristine Kay Malkoski sold 10,850 shares of the stock in a transaction on Wednesday, May 27th. The shares were sold at an average price of $3.65, for a total value of $39,602.50. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider Bradford R. Turner sold 100,000 shares of Newell Brands stock in a transaction on Friday, May 22nd. The stock was sold at an average price of $3.60, for a total transaction of $360,000.00. Following the sale, the insider owned 464,449 shares in the company, valued at $1,672,016.40. This represents a 17.72% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 111,750 shares of company stock worth $402,896. 1.64% of the stock is owned by corporate insiders.

Newell Brands Stock Down 2.4%

Newell Brands stock opened at $6.02 on Friday. The stock’s fifty day moving average is $5.09 and its two-hundred day moving average is $4.45. The stock has a market cap of $2.56 billion, a PE ratio of -11.36, a P/E/G ratio of 1.52 and a beta of 0.88. Newell Brands Inc. has a 1-year low of $3.07 and a 1-year high of $7.13. 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 data on Friday, July 31st. The company reported $0.42 EPS for the quarter, beating analysts’ consensus estimates of $0.20 by $0.22. Newell Brands had a positive return on equity of 12.31% and a negative net margin of 3.05%.The business had revenue of $1.99 billion for the quarter, compared to the consensus estimate of $1.98 billion. During the same quarter in the prior year, the business posted $0.24 EPS. The business’s revenue for the quarter was up 3.0% on a year-over-year basis. 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, sell-side analysts expect that Newell Brands Inc. will post 0.76 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several brokerages have commented on NWL. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and issued a $6.00 price target on shares of Newell Brands in a research report on Monday. Zacks Research raised Newell Brands from a “hold” rating to a “strong-buy” rating in a research report on Friday, July 31st. Barclays increased their price objective on Newell Brands from $5.00 to $7.00 and gave the company an “overweight” rating in a research note on Tuesday, July 21st. Citigroup lifted their target price on Newell Brands from $5.50 to $6.00 and gave the company a “neutral” rating in a report on Tuesday. Finally, Wall Street Zen raised Newell Brands from a “hold” rating to a “buy” rating in a research note on Saturday, August 1st. One investment analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, four have given a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Newell Brands presently has a consensus rating of “Hold” and an average price target of $6.66.

Newell Brands 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.