Analysts Set Newell Brands Inc. (NASDAQ:NWL) PT at $6.66

Newell Brands Inc. (NASDAQ:NWL) has been given an average recommendation of “Hold” by the ten ratings firms that are covering the stock, Marketbeat Ratings reports. Two analysts have rated the stock with a sell rating, four have assigned a hold rating, three have assigned a buy rating and one has issued a strong buy rating on the company. The average twelve-month price objective among brokers that have issued a report on the stock in the last year is $6.6562.

Several equities analysts recently weighed in on the company. Canaccord Genuity Group increased their target price on Newell Brands from $9.00 to $11.00 and gave the stock a “buy” rating in a research report on Monday, August 3rd. Barclays upped their price objective on shares of Newell Brands from $5.00 to $7.00 and gave the company an “overweight” rating in a research note on Tuesday, July 21st. Wall Street Zen upgraded shares of Newell Brands from a “hold” rating to a “buy” rating in a report on Saturday, August 1st. Zacks Research raised shares of Newell Brands from a “hold” rating to a “strong-buy” rating in a research report on Friday, July 31st. Finally, Morgan Stanley restated an “underweight” rating and issued a $5.75 target price on shares of Newell Brands in a report on Thursday, August 6th.

Insider Activity

In other news, insider Bradford R. Turner sold 100,000 shares of the business’s stock in a transaction on 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 sale, the insider directly owned 433,398 shares of the company’s stock, valued at $2,669,731.68. The trade was a 18.75% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 1.64% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the company. Intech Investment Management LLC grew its holdings in shares of Newell Brands by 510.3% during the 4th quarter. Intech Investment Management LLC now owns 483,491 shares of the company’s stock worth $1,799,000 after purchasing an additional 404,269 shares during the period. Louisiana State Employees Retirement System purchased a new position in Newell Brands in the first quarter valued at approximately $638,000. Weiss Asset Management LP purchased a new position in Newell Brands in the first quarter valued at approximately $1,261,000. Pzena Investment Management LLC acquired a new position in Newell Brands during the second quarter valued at approximately $294,663,000. Finally, Sei Investments Co. lifted its position in Newell Brands by 79.6% during the first quarter. Sei Investments Co. now owns 1,062,207 shares of the company’s stock valued at $3,643,000 after buying an additional 470,631 shares in the last quarter. 92.50% of the stock is owned by hedge funds and other institutional investors.

Newell Brands Stock Performance

Shares of NWL opened at $5.89 on Tuesday. 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 stock has a market cap of $2.51 billion, a P/E ratio of -11.12, a PEG ratio of 1.47 and a beta of 0.88. The company has a 50-day moving average of $5.64 and a two-hundred day moving average of $4.63. Newell Brands has a 12-month low of $3.07 and a 12-month high of $7.13.

Newell Brands (NASDAQ:NWL) last released its quarterly earnings results on Friday, July 31st. The company reported $0.42 earnings per share for the quarter, topping the consensus estimate 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 company had revenue of $1.99 billion during the quarter, compared to the consensus estimate of $1.98 billion. During the same quarter last year, the business posted $0.24 earnings per share. Newell Brands’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. As a group, research analysts predict that Newell Brands will post 0.76 EPS for the current fiscal year.

Newell Brands Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Monday, August 31st will be issued a $0.07 dividend. This represents a $0.28 dividend on an annualized basis and a dividend yield of 4.8%. The ex-dividend date is Monday, August 31st. Newell Brands’s dividend payout ratio (DPR) is -52.83%.

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.