Newell Brands Inc. (NASDAQ:NWL) Receives $6.66 Consensus PT from Brokerages

Newell Brands Inc. (NASDAQ:NWL) has earned a consensus rating of “Hold” from the ten analysts that are currently covering the company, Marketbeat.com reports. Two research analysts have rated the stock with a sell rating, five have given a hold rating and three have given a buy rating to the company. The average 1 year price target among brokerages that have issued a report on the stock in the last year is $6.6562.

Several research analysts have weighed in on the stock. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and issued a $6.00 price target on shares of Newell Brands in a report on Monday, August 3rd. Wall Street Zen upgraded Newell Brands from a “hold” rating to a “buy” rating in a report on Saturday, August 1st. Morgan Stanley reaffirmed an “underweight” rating and issued a $5.75 target price on shares of Newell Brands in a research report on Thursday, August 6th. Barclays increased their target price on Newell Brands from $5.00 to $7.00 and gave the stock an “overweight” rating in a research note on Tuesday, July 21st. Finally, Royal Bank Of Canada lifted their price target on Newell Brands from $4.00 to $5.00 and gave the stock a “sector perform” rating in a report on Monday, August 3rd.

Newell Brands Trading Down 1.6%

Newell Brands stock opened at $5.68 on Friday. Newell Brands has a 52 week low of $3.07 and a 52 week high of $7.13. The company has a debt-to-equity ratio of 1.85, a quick ratio of 0.59 and a current ratio of 1.11. The stock has a market capitalization of $2.42 billion, a P/E ratio of -10.72, a PEG ratio of 1.43 and a beta of 0.89. The stock has a 50-day simple moving average of $5.80 and a 200 day simple moving average of $4.80.

Newell Brands (NASDAQ:NWL) last posted its 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. 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 analyst estimates of $1.98 billion. During the same period in the previous year, the firm earned $0.24 EPS. The firm’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. Analysts expect that Newell Brands will post 0.76 earnings per share for the current year.

Newell Brands Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 15th. Shareholders of record on Monday, August 31st were given a dividend of $0.07 per share. This represents a $0.28 dividend on an annualized basis and a dividend yield of 4.9%. The ex-dividend date was Monday, August 31st. Newell Brands’s dividend payout ratio is presently -52.83%.

Insider Transactions at Newell Brands

In other Newell Brands news, insider Bradford Turner sold 100,000 shares of the 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 sale, the insider directly owned 433,398 shares in the company, valued at $2,669,731.68. This represents a 18.75% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 1.64% of the stock is owned by corporate insiders.

Institutional Trading of Newell Brands

Hedge funds and other institutional investors have recently modified their holdings of the stock. BlackRock Inc. bought a new stake in shares of Newell Brands during the second quarter worth about $436,133,000. Pzena Investment Management LLC bought a new position in shares of Newell Brands in the 2nd quarter worth about $294,663,000. Rubric Capital Management LP lifted its stake in Newell Brands by 17.4% in the first quarter. Rubric Capital Management LP now owns 15,257,431 shares of the company’s stock valued at $52,333,000 after buying an additional 2,257,431 shares during the period. Primecap Management Co. CA acquired a new position in shares of Newell Brands during the 2nd quarter valued at $36,003,000. Finally, Bank of New York Mellon Corp bought a new stake in Newell Brands in the second quarter valued at $15,135,000. Institutional investors own 92.50% of the company’s stock.

Newell Brands Company Profile

Newell Brands Inc is a global consumer goods company that designs, manufactures and markets products used in homes, workplaces and outdoor settings. Its portfolio includes well-known brands such as Rubbermaid, Sharpie, Graco, Coleman, Yankee Candle, Elmer’s, FoodSaver, Mr. Coffee, Oster and Calphalon.

The company’s products span food and home storage, cleaning and organization, writing instruments and arts supplies, baby products, cookware and small kitchen appliances, home fragrance, and outdoor recreation equipment.