Bradford Turner Sells 100,000 Shares of Newell Brands (NASDAQ:NWL) Stock

Newell Brands Inc. (NASDAQ:NWL) insider Bradford 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 completion of the transaction, the insider directly owned 464,449 shares of the company’s stock, valued at approximately $1,672,016.40. This represents a 17.72% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Newell Brands Stock Performance

Shares of NWL opened at $3.57 on Friday. Newell Brands Inc. has a 1 year low of $3.07 and a 1 year high of $6.64. The company has a market cap of $1.52 billion, a price-to-earnings ratio of -5.33, a price-to-earnings-growth ratio of 4.50 and a beta of 1.06. The company has a debt-to-equity ratio of 1.94, a quick ratio of 0.51 and a current ratio of 1.04. The firm has a fifty day moving average of $3.85 and a 200-day moving average of $3.97.

Newell Brands (NASDAQ:NWL) last issued its quarterly earnings data 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. Newell Brands had a negative net margin of 3.91% and a positive return on equity of 8.89%. The business had revenue of $1.55 billion for the quarter, compared to analysts’ expectations of $1.51 billion. During the same period in the previous year, the business earned ($0.01) earnings per share. The company’s revenue 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. As a group, equities analysts anticipate that Newell Brands Inc. will post 0.57 earnings per share for the current year.

Newell Brands Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 15th. Shareholders of record on Friday, May 29th will be given a $0.07 dividend. The ex-dividend date is Friday, May 29th. This represents a $0.28 annualized dividend and a yield of 7.8%. Newell Brands’s payout ratio is -41.79%.

Institutional Investors Weigh In On Newell Brands

Large investors have recently made changes to their positions in the company. Royal Bank of Canada lifted its holdings in Newell Brands by 29.2% in the 1st quarter. Royal Bank of Canada now owns 775,131 shares of the company’s stock worth $4,800,000 after purchasing an additional 175,178 shares during the last quarter. Goldman Sachs Group Inc. lifted its holdings in Newell Brands by 47.3% in the 1st quarter. Goldman Sachs Group Inc. now owns 563,984 shares of the company’s stock worth $3,497,000 after purchasing an additional 181,113 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in Newell Brands by 13.4% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,302,018 shares of the company’s stock worth $8,073,000 after purchasing an additional 153,658 shares during the last quarter. Focus Partners Wealth lifted its holdings in Newell Brands by 47.0% in the 1st quarter. Focus Partners Wealth now owns 63,846 shares of the company’s stock worth $396,000 after purchasing an additional 20,406 shares during the last quarter. Finally, Intech Investment Management LLC acquired a new stake in Newell Brands in the 1st quarter worth approximately $1,326,000. Institutional investors own 92.50% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on the company. Deutsche Bank Aktiengesellschaft dropped their price target 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. Canaccord Genuity Group lifted their price target on Newell Brands from $8.00 to $9.00 and gave the stock a “buy” rating in a research note on Thursday, April 16th. Weiss Ratings reissued a “sell (d-)” rating on shares of Newell Brands in a research note on Friday, May 15th. Royal Bank Of Canada set a $4.00 price target on Newell Brands in a research note on Thursday, April 9th. Finally, UBS Group lifted their price target on Newell Brands from $3.75 to $4.25 and gave the stock a “neutral” rating in a research note on Monday, May 4th. Three equities research analysts have rated the stock with a Buy rating, five have issued a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $4.94.

Key Stories Impacting Newell Brands

Here are the key news stories impacting Newell Brands this week:

• Positive Sentiment: Newell Brands continues to offer an attractive dividend yield, with the company’s recently declared quarterly payout implying a 7.7% annualized yield. That may help support income-oriented investors even as the share price remains weak. NWL dividend and stock data
• Neutral Sentiment: The company recently beat first-quarter earnings and revenue estimates, reporting EPS of -$0.05 versus expectations for -$0.09 and revenue of $1.55 billion versus $1.51 billion expected. That helps show some operational stability, but it has not been strong enough to meaningfully re-rate the stock. NWL earnings summary
• Negative Sentiment: Insider selling is weighing on sentiment, including Bradford Turner’s sale of 100,000 shares and Kristine Kay Malkoski’s additional sales. Investors often view insider selling as a cautious signal when a stock is already near its lows. Bradford Turner SEC filing
• Negative Sentiment: Analyst sentiment remains mixed to cautious, with Morgan Stanley recently cutting its rating to underweight and lowering its price target to $3.50. That reinforces concerns that upside may be limited near current levels. NWL analyst ratings
• Negative Sentiment: Recent commentary suggesting Newell Brands may need to cut its dividend adds to investor caution, since a payout reduction would likely be viewed as a sign of financial strain. Seeking Alpha article

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.