Quantbot Technologies LP Purchases New Position in Newell Brands Inc. $NWL

Quantbot Technologies LP acquired a new position in shares of Newell Brands Inc. (NASDAQ:NWL) in the second quarter, HoldingsChannel reports. The institutional investor acquired 130,738 shares of the company’s stock, valued at approximately $803,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Evolve Private Wealth LLC acquired a new stake in Newell Brands during the 2nd quarter worth approximately $174,000. Landscape Capital Management L.L.C. acquired a new position in Newell Brands in the 2nd quarter valued at $6,539,000. Ieq Capital LLC acquired a new position in Newell Brands in the 2nd quarter valued at $1,489,000. Allworth Financial LP bought a new position in Newell Brands during the 2nd quarter worth $136,000. Finally, Vise Technologies Inc. bought a new position in Newell Brands during the 2nd quarter worth $96,000. Institutional investors and hedge funds own 92.50% of the company’s stock.

Insider Activity at Newell Brands

In other news, insider Bradford R. Turner sold 100,000 shares of the company’s stock in a transaction that occurred 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 owned 433,398 shares of the company’s stock, valued at approximately $2,669,731.68. This represents a 18.75% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Insiders own 1.64% of the company’s stock.

Analyst Upgrades and Downgrades

NWL has been the subject of a number of recent research reports. Barclays boosted their target price on shares of Newell Brands from $5.00 to $7.00 and gave the company an “overweight” rating in a research report on Tuesday, July 21st. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and set a $6.00 price target on shares of Newell Brands in a research report on Monday, August 3rd. UBS Group boosted their price objective on shares of Newell Brands from $4.75 to $5.50 and gave the company a “neutral” rating in a report on Monday, August 3rd. Morgan Stanley restated an “underweight” rating and set a $5.75 target price on shares of Newell Brands in a research report on Thursday, August 6th. Finally, Zacks Research raised shares of Newell Brands from a “hold” rating to a “strong-buy” rating in a report on Friday, July 31st. One investment analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, four have issued a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, Newell Brands presently has an average rating of “Hold” and a consensus target price of $6.66.

Newell Brands Stock Performance

NASDAQ:NWL opened at $5.96 on Thursday. The company has a market cap of $2.54 billion, a price-to-earnings ratio of -11.25, a PEG ratio of 1.47 and a beta of 0.88. Newell Brands Inc. has a fifty-two week low of $3.07 and a fifty-two 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 fifty day moving average price of $5.62 and a 200-day moving average price of $4.62.

Newell Brands (NASDAQ:NWL) last posted its quarterly earnings results on Friday, July 31st. The company reported $0.42 EPS for the quarter, beating 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 during the quarter, compared to the consensus estimate of $1.98 billion. During the same quarter in the previous year, the firm earned $0.24 earnings per share. Newell Brands’s revenue for the quarter 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, equities analysts anticipate that Newell Brands Inc. will post 0.76 EPS for the current fiscal year.

Newell Brands Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Monday, August 31st will be given a $0.07 dividend. The ex-dividend date is Monday, August 31st. This represents a $0.28 annualized dividend and a dividend yield of 4.7%. Newell Brands’s payout ratio is presently -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.