Newell Brands (NASDAQ:NWL) Sets New 1-Year High on Better-Than-Expected Earnings

Newell Brands Inc. (NASDAQ:NWLGet Free Report) shares reached a new 52-week high during mid-day trading on Friday after the company announced better than expected quarterly earnings. The company traded as high as $7.13 and last traded at $6.4060, with a volume of 9807643 shares changing hands. The stock had previously closed at $5.14.

The company reported $0.42 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.19 by $0.23. Newell Brands had a negative net margin of 3.91% and a positive return on equity of 8.89%. The business had revenue of $1.99 billion for the quarter, compared to analysts’ expectations of $1.98 billion. During the same quarter in the prior year, the company earned $0.24 earnings per share. The business’s quarterly revenue was up 3.0% on a year-over-year basis. 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.

Newell Brands Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, June 15th. Investors of record on Friday, May 29th were paid a dividend of $0.07 per share. This represents a $0.28 annualized dividend and a yield of 4.5%. The ex-dividend date of this dividend was Friday, May 29th. Newell Brands’s dividend payout ratio is presently -41.79%.

Trending Headlines about Newell Brands

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

  • Positive Sentiment: Q2 earnings and sales exceeded expectations. Newell reported adjusted earnings of $0.42 per share, well above the $0.19 analyst consensus and up from $0.24 a year ago. Revenue rose 3% year over year to $1.99 billion, slightly ahead of the $1.98 billion estimate. Newell Brands Q2 Earnings and Revenues Top Estimates
  • Positive Sentiment: Management raised full-year 2026 profit guidance. Newell now expects normalized EPS of $0.73 to $0.77, up substantially from its previous $0.56 to $0.60 range and above the roughly $0.57 analyst consensus. The company cited higher sales and a tariff refund as contributors. Newell Brands Lifts FY Profit View on Higher Sales, Tariff Refund
  • Positive Sentiment: The turnaround showed broader operating momentum. CEO Chris Peterson said net sales and core sales returned to year-over-year growth, supported by product innovation and increased advertising and promotional investment across the portfolio. Newell Brands Announces Second Quarter 2026 Results
  • Neutral Sentiment: Analysts maintain a consensus “Hold” rating, indicating that the improved outlook has not yet prompted a broad shift toward a bullish stance. Newell Brands Given Consensus Hold Rating
  • Neutral Sentiment: Unusually heavy call-option activity preceded the earnings release, suggesting increased speculative interest but not necessarily a fundamental change in valuation. Newell Brands Sees Unusually Large Options Volume
  • Negative Sentiment: Third-quarter EPS guidance was cautious. The $0.18 to $0.20 forecast is centered around analyst expectations and slightly below the $0.20 consensus at the midpoint. Newell also continues to have a negative net margin, underscoring execution and balance-sheet risks.

Wall Street Analysts Forecast Growth

NWL has been the subject of several research reports. JPMorgan Chase & Co. boosted their price target on shares of Newell Brands from $5.00 to $7.00 and gave the stock an “overweight” rating in a research note on Thursday, July 16th. Morgan Stanley cut Newell Brands from an “equal weight” rating to an “underweight” rating and reduced their price objective for the company from $4.00 to $3.50 in a research note on Wednesday, May 20th. Canaccord Genuity Group increased their price objective on Newell Brands from $8.00 to $9.00 and gave the company a “buy” rating in a research note on Thursday, April 16th. Barclays lifted their target price on Newell Brands from $5.00 to $7.00 and gave the company an “overweight” rating in a report on Tuesday, July 21st. Finally, Weiss Ratings reissued a “sell (d-)” rating on shares of Newell Brands in a research note on Friday, May 15th. Three research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $5.38.

Read Our Latest Stock Analysis on Newell Brands

Insider Buying and Selling

In other news, insider Kristine Kay Malkoski sold 10,850 shares of the firm’s stock in a transaction on Wednesday, May 27th. The shares were sold at an average price of $3.65, for a total value of $39,602.50. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Bradford R. Turner sold 100,000 shares of the firm’s stock in a transaction on Friday, May 22nd. The shares were sold at an average price of $3.60, for a total transaction of $360,000.00. Following the completion of the sale, the insider owned 464,449 shares in the company, valued at $1,672,016.40. The trade was a 17.72% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 202,750 shares of company stock worth $812,396 over the last 90 days. 1.64% of the stock is owned by insiders.

Hedge Funds Weigh In On Newell Brands

Institutional investors and hedge funds have recently modified their holdings of the company. GAMMA Investing LLC raised its position in Newell Brands by 19.8% in the second quarter. GAMMA Investing LLC now owns 11,408 shares of the company’s stock worth $70,000 after acquiring an additional 1,887 shares in the last quarter. California State Teachers Retirement System boosted its position in shares of 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 purchasing an additional 2,108 shares in the last quarter. The Manufacturers Life Insurance Company grew its stake in shares of Newell Brands by 2.8% during the 4th quarter. The Manufacturers Life Insurance Company now owns 78,967 shares of the company’s stock worth $294,000 after purchasing an additional 2,171 shares during the period. Osaic Holdings Inc. grew its stake in shares of Newell Brands by 19.6% during the 2nd quarter. Osaic Holdings Inc. now owns 14,104 shares of the company’s stock worth $76,000 after purchasing an additional 2,308 shares during the period. Finally, Pinnacle Wealth Management Advisory Group LLC increased its holdings in shares of Newell Brands by 14.1% in the 1st quarter. Pinnacle Wealth Management Advisory Group LLC now owns 19,898 shares of the company’s stock valued at $68,000 after purchasing an additional 2,456 shares in the last quarter. Institutional investors and hedge funds own 92.50% of the company’s stock.

Newell Brands Price Performance

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 stock’s fifty day moving average price is $4.84 and its 200-day moving average price is $4.39. The firm has a market cap of $2.63 billion, a PE ratio of -9.26, a P/E/G ratio of 6.35 and a beta of 0.87.

About Newell Brands

(Get Free Report)

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.

Further Reading

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