Hsbc Holdings PLC Acquires New Position in Newell Brands Inc. $NWL

Hsbc Holdings PLC acquired a new stake in shares of Newell Brands Inc. (NASDAQ:NWL) in the 2nd quarter, HoldingsChannel reports. The firm acquired 240,392 shares of the company’s stock, valued at approximately $1,447,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Quarry LP increased its stake in shares of Newell Brands by 139.3% in the 4th quarter. Quarry LP now owns 7,416 shares of the company’s stock valued at $28,000 after purchasing an additional 4,317 shares during the last quarter. Summit Securities Group LLC bought a new stake in shares of Newell Brands during the 4th quarter worth $30,000. Vise Technologies Inc. bought a new stake in shares of Newell Brands during the 3rd quarter worth $54,000. HighPoint Advisor Group LLC acquired a new stake in Newell Brands in the fourth quarter valued at about $39,000. Finally, CreativeOne Wealth LLC acquired a new stake in Newell Brands in the third quarter valued at about $54,000. 92.50% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

NWL has been the topic of a number of recent analyst reports. Wall Street Zen upgraded Newell Brands from a “hold” rating to a “buy” rating in a research report on Saturday, August 1st. Barclays raised their price target 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. JPMorgan Chase & Co. lifted their price target on shares of Newell Brands from $5.00 to $7.00 and gave the company an “overweight” rating in a report on Thursday, July 16th. Canaccord Genuity Group upped their price objective on shares of Newell Brands from $9.00 to $11.00 and gave the stock a “buy” rating in a research report on Monday, August 3rd. Finally, Royal Bank Of Canada increased their price objective on shares of Newell Brands from $4.00 to $5.00 and gave the company a “sector perform” rating in a research note on Monday, August 3rd. One equities research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, four have issued a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, Newell Brands currently has an average rating of “Hold” and an average target price of $6.66.

Insider Buying and Selling

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

Newell Brands Price Performance

Shares of NWL opened at $6.25 on Tuesday. The company has a quick ratio of 0.59, a current ratio of 1.11 and a debt-to-equity ratio of 1.85. The stock has a market cap of $2.66 billion, a PE ratio of -11.79, a PEG ratio of 1.52 and a beta of 0.88. Newell Brands Inc. has a 12-month low of $3.07 and a 12-month high of $7.13. The business has a 50-day simple moving average of $5.69 and a two-hundred day simple moving average of $4.65.

Newell Brands (NASDAQ:NWL) last announced 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. The firm had revenue of $1.99 billion for the quarter, compared to analyst estimates of $1.98 billion. Newell Brands had a positive return on equity of 12.31% and a negative net margin of 3.05%.The business’s revenue for the quarter was up 3.0% on a year-over-year basis. During the same period last year, the firm posted $0.24 earnings per share. 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 anticipate that Newell Brands Inc. will post 0.76 earnings per share for the current fiscal year.

Newell Brands Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Investors 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 yield of 4.5%. The ex-dividend date is Monday, August 31st. Newell Brands’s dividend payout ratio (DPR) is -52.83%.

Newell Brands Company Profile

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.