Ieq Capital LLC Invests $1.49 Million in Newell Brands Inc. $NWL

Ieq Capital LLC acquired a new position in shares of Newell Brands Inc. (NASDAQ:NWL) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 242,560 shares of the company’s stock, valued at approximately $1,489,000. Ieq Capital LLC owned 0.06% of Newell Brands at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Quarry LP increased its stake in shares of Newell Brands by 139.3% in the fourth quarter. Quarry LP now owns 7,416 shares of the company’s stock worth $28,000 after purchasing an additional 4,317 shares during the period. Summit Securities Group LLC bought a new stake in Newell Brands during the 4th quarter valued at approximately $30,000. Vise Technologies Inc. acquired a new stake in Newell Brands in the 3rd quarter valued at approximately $54,000. HighPoint Advisor Group LLC acquired a new stake in Newell Brands in the 4th quarter valued at approximately $39,000. Finally, CreativeOne Wealth LLC bought a new position in Newell Brands in the 3rd quarter worth approximately $54,000. Institutional investors own 92.50% of the company’s stock.

Newell Brands Stock Performance

Shares of NASDAQ NWL opened at $5.96 on Thursday. The business has a fifty day simple moving average of $5.62 and a 200 day simple moving average of $4.62. The company has a current ratio of 1.11, a quick ratio of 0.59 and a debt-to-equity ratio of 1.85. The firm has a market capitalization of $2.54 billion, a price-to-earnings ratio of -11.25, a PEG ratio of 1.47 and a beta of 0.88. Newell Brands Inc. has a one year low of $3.07 and a one year high of $7.13.

Newell Brands (NASDAQ:NWL) last posted its quarterly earnings results on Friday, July 31st. The company reported $0.42 earnings per share for the quarter, topping analysts’ consensus estimates of $0.20 by $0.22. The firm had revenue of $1.99 billion for 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%. During the same quarter in the previous year, the company earned $0.24 earnings per share. The business’s revenue was up 3.0% compared to the same quarter last year. 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. Sell-side analysts expect that Newell Brands Inc. will post 0.76 EPS for the current year.

Newell Brands Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Monday, August 31st will be given a $0.07 dividend. This represents a $0.28 annualized dividend and a yield of 4.7%. The ex-dividend date of this dividend is Monday, August 31st. Newell Brands’s dividend payout ratio is -52.83%.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on NWL. Canaccord Genuity Group increased their price objective on Newell Brands from $9.00 to $11.00 and gave the company a “buy” rating in a research report on Monday, August 3rd. Barclays boosted their target price on shares of Newell Brands from $5.00 to $7.00 and gave the stock an “overweight” rating in a research report on Tuesday, July 21st. UBS Group increased their price target on shares of Newell Brands from $4.75 to $5.50 and gave the company a “neutral” rating in a report on Monday, August 3rd. Morgan Stanley restated an “underweight” rating and issued a $5.75 price target on shares of Newell Brands in a research report on Thursday, August 6th. Finally, Zacks Research upgraded shares of Newell Brands from a “hold” rating to a “strong-buy” rating in a report on Friday, July 31st. One equities research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, four have given a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $6.66.

Insider Transactions at Newell Brands

In other Newell Brands news, insider Bradford R. Turner sold 100,000 shares of the firm’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 completion of the transaction, the insider owned 433,398 shares in the company, valued at $2,669,731.68. This trade represents a 18.75% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 1.64% of the stock is owned by company insiders.

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.