Deutsche Bank Aktiengesellschaft Lowers Newell Brands (NASDAQ:NWL) Price Target to $3.00

Newell Brands (NASDAQ:NWL) had its price target lowered by equities researchers at Deutsche Bank Aktiengesellschaft from $5.00 to $3.00 in a research note issued to investors on Monday,Benzinga reports. The brokerage presently has a “hold” rating on the stock. Deutsche Bank Aktiengesellschaft’s price objective points to a potential downside of 9.77% from the stock’s previous close.

Several other equities research analysts have also recently commented on the stock. Morgan Stanley lifted their price target on shares of Newell Brands from $4.25 to $4.50 and gave the stock an “equal weight” rating in a research report on Tuesday, February 10th. Citigroup increased their price objective on shares of Newell Brands from $4.25 to $5.00 and gave the company a “neutral” rating in a report on Monday, February 9th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Newell Brands in a research note on Monday, December 29th. UBS Group reiterated a “neutral” rating and set a $5.00 target price on shares of Newell Brands in a research report on Monday, February 9th. Finally, Canaccord Genuity Group increased their price target on Newell Brands from $7.00 to $8.00 and gave the company a “buy” rating in a research note on Monday, January 26th. Four investment analysts have rated the stock with a Buy rating, six have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $5.80.

Newell Brands Trading Down 2.2%

Newell Brands stock traded down $0.08 during mid-day trading on Monday, hitting $3.33. The stock had a trading volume of 1,507,752 shares, compared to its average volume of 5,845,754. The stock has a 50-day simple moving average of $4.27 and a two-hundred day simple moving average of $4.26. The stock has a market capitalization of $1.39 billion, a PE ratio of -4.89 and a beta of 0.91. Newell Brands has a 12 month low of $3.07 and a 12 month high of $6.64. The company has a current ratio of 1.07, a quick ratio of 0.57 and a debt-to-equity ratio of 1.90.

Newell Brands (NASDAQ:NWL) last announced its quarterly earnings data on Friday, February 6th. The company reported $0.18 earnings per share for the quarter, hitting the consensus estimate of $0.18. Newell Brands had a positive return on equity of 9.17% and a negative net margin of 3.96%.The firm had revenue of $1.90 billion during the quarter, compared to analysts’ expectations of $1.88 billion. During the same period in the previous year, the business posted $0.16 EPS. The company’s quarterly revenue was down 2.7% compared to the same quarter last year. Newell Brands has set its Q1 2026 guidance at -0.120–0.080 EPS. As a group, sell-side analysts forecast that Newell Brands will post 0.72 EPS for the current year.

Institutional Trading of Newell Brands

Several hedge funds have recently bought and sold shares of the stock. California State Teachers Retirement System raised its holdings in Newell Brands by 0.6% during the 2nd quarter. California State Teachers Retirement System now owns 384,848 shares of the company’s stock worth $2,078,000 after buying an additional 2,108 shares during the period. The Manufacturers Life Insurance Company boosted its holdings in shares of Newell Brands by 2.8% in the fourth quarter. The Manufacturers Life Insurance Company now owns 78,967 shares of the company’s stock valued at $294,000 after buying an additional 2,171 shares during the period. Osaic Holdings Inc. increased its position in shares of Newell Brands by 19.6% during the second quarter. Osaic Holdings Inc. now owns 14,104 shares of the company’s stock worth $76,000 after acquiring an additional 2,308 shares in the last quarter. State Board of Administration of Florida Retirement System increased its position in shares of Newell Brands by 0.8% during the second quarter. State Board of Administration of Florida Retirement System now owns 421,898 shares of the company’s stock worth $2,278,000 after acquiring an additional 3,290 shares in the last quarter. Finally, Illinois Municipal Retirement Fund raised its holdings in shares of Newell Brands by 1.7% during the third quarter. Illinois Municipal Retirement Fund now owns 213,173 shares of the company’s stock worth $1,117,000 after acquiring an additional 3,501 shares during the period. 92.50% of the stock is currently owned by institutional investors and hedge funds.

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.