EVR Research LP Reduces Position in Newell Brands Inc. $NWL

EVR Research LP trimmed its holdings in shares of Newell Brands Inc. (NASDAQ:NWL) by 33.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 400,000 shares of the company’s stock after selling 200,000 shares during the quarter. EVR Research LP owned 0.10% of Newell Brands worth $1,488,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also modified their holdings of the company. GSA Capital Partners LLP increased its position in shares of Newell Brands by 262.7% during the third quarter. GSA Capital Partners LLP now owns 346,554 shares of the company’s stock worth $1,816,000 after acquiring an additional 251,012 shares during the last quarter. Intech Investment Management LLC increased its position in shares of Newell Brands by 510.3% during the fourth quarter. Intech Investment Management LLC now owns 483,491 shares of the company’s stock worth $1,799,000 after acquiring an additional 404,269 shares during the last quarter. Candlestick Capital Management LP purchased a new stake in shares of Newell Brands during the third quarter worth about $31,786,000. Pzena Investment Management LLC increased its position in shares of Newell Brands by 5.0% during the fourth quarter. Pzena Investment Management LLC now owns 50,019,553 shares of the company’s stock worth $186,073,000 after acquiring an additional 2,375,782 shares during the last quarter. Finally, Neo Ivy Capital Management increased its position in shares of Newell Brands by 365.5% during the third quarter. Neo Ivy Capital Management now owns 318,102 shares of the company’s stock worth $1,667,000 after acquiring an additional 249,765 shares during the last quarter. 92.50% of the stock is owned by hedge funds and other institutional investors.

Newell Brands Stock Up 4.9%

Shares of Newell Brands stock opened at $4.97 on Thursday. The company has a quick ratio of 0.51, a current ratio of 1.04 and a debt-to-equity ratio of 1.94. The firm has a market cap of $2.11 billion, a P/E ratio of -7.42, a P/E/G ratio of 5.82 and a beta of 1.01. Newell Brands Inc. has a fifty-two week low of $3.07 and a fifty-two week high of $6.64. The business has a 50-day moving average price of $4.03 and a 200 day moving average price of $4.04.

Newell Brands (NASDAQ:NWL) last announced its quarterly earnings data on Friday, May 1st. The company reported ($0.05) earnings per share for the quarter, beating the consensus estimate of ($0.09) by $0.04. Newell Brands had a positive return on equity of 8.89% and a negative net margin of 3.91%.The firm had revenue of $1.55 billion during the quarter, compared to analyst estimates of $1.51 billion. During the same period in the previous year, the company earned ($0.01) earnings per share. Newell Brands’s quarterly 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. On average, sell-side analysts forecast that Newell Brands Inc. will post 0.57 earnings per share for the current fiscal year.

Newell Brands Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, June 15th. Shareholders of record on Friday, May 29th were paid a $0.07 dividend. This represents a $0.28 dividend on an annualized basis and a yield of 5.6%. The ex-dividend date was Friday, May 29th. Newell Brands’s payout ratio is presently -41.79%.

Insider Buying and Selling at Newell Brands

In other Newell Brands news, insider Melanie Arlene Huet sold 91,000 shares of Newell Brands stock in a transaction that occurred on Friday, May 8th. The stock was sold at an average price of $4.50, for a total value of $409,500.00. Following the completion of the transaction, the insider directly owned 867 shares in the company, valued at $3,901.50. The trade was a 99.06% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Kristine Kay Malkoski sold 10,850 shares of Newell Brands stock in a transaction that occurred on Wednesday, May 27th. The shares were sold at an average price of $3.65, for a total value of $39,602.50. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 202,750 shares of company stock worth $812,397 over the last ninety days. Company insiders own 1.64% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages recently weighed in on NWL. Barclays lowered their price objective on Newell Brands from $6.00 to $5.00 and set an “overweight” rating for the company in a report on Tuesday, April 14th. Morgan Stanley lowered Newell Brands from an “equal weight” rating to an “underweight” rating and lowered their price objective for the company from $4.00 to $3.50 in a report on Wednesday, May 20th. Deutsche Bank Aktiengesellschaft lowered their price objective on Newell Brands from $5.00 to $3.00 and set a “hold” rating for the company in a report on Monday, March 30th. Citigroup boosted their price objective on Newell Brands from $4.00 to $4.75 and gave the company a “neutral” rating in a report on Monday, May 4th. Finally, UBS Group boosted their price objective on Newell Brands from $3.75 to $4.25 and gave the company a “neutral” rating in a report on Monday, May 4th. Three research analysts have rated the stock with a Buy rating, five have issued a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat, Newell Brands has a consensus rating of “Hold” and an average price target of $4.94.

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.