Newell Brands (NASDAQ:NWL) Rating Lowered to Hold at Zacks Research

Newell Brands (NASDAQ:NWL) was downgraded by Zacks Research from a “strong-buy” rating to a “hold” rating in a report issued on Monday, Zacks reports.

NWL has been the topic of several other research reports. 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. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and set a $6.00 price target on shares of Newell Brands in a report on Monday, August 3rd. UBS Group boosted their price target on Newell Brands from $4.75 to $5.50 and gave the company a “neutral” rating in a research note on Monday, August 3rd. Royal Bank Of Canada upped their price objective on Newell Brands from $4.00 to $5.00 and gave the company a “sector perform” rating in a report on Monday, August 3rd. Finally, Weiss Ratings upgraded Newell Brands from a “sell (d-)” rating to a “sell (d)” rating in a research report on Wednesday, August 26th. Three analysts have rated the stock with a Buy rating, five have given a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $6.66.

Newell Brands Stock Performance

Shares of NWL stock opened at $5.94 on Monday. The company has a market capitalization of $2.53 billion, a price-to-earnings ratio of -11.21, a PEG ratio of 1.54 and a beta of 0.89. 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 company has a 50-day simple moving average of $5.70 and a 200 day simple moving average of $4.66. Newell Brands has a 52 week low of $3.07 and a 52 week high of $7.13.

Newell Brands (NASDAQ:NWL) last released its quarterly earnings results on Friday, July 31st. The company reported $0.42 earnings per share for the quarter, beating the consensus estimate of $0.20 by $0.22. The firm had revenue of $1.99 billion for the quarter, compared to analysts’ expectations of $1.98 billion. Newell Brands had a negative net margin of 3.05% and a positive return on equity of 12.31%. The business’s revenue was up 3.0% on a year-over-year basis. During the same period in the prior year, the firm earned $0.24 EPS. 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. On average, sell-side analysts predict that Newell Brands will post 0.76 earnings per share for the current year.

Insider Buying and Selling at Newell Brands

In other 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 value of $616,000.00. Following the completion of the sale, the insider directly owned 433,398 shares in the company, valued at approximately $2,669,731.68. The trade was a 18.75% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Insiders own 1.64% of the company’s stock.

Institutional Investors Weigh In On Newell Brands

A number of large investors have recently added to or reduced their stakes in NWL. BlackRock Inc. bought a new position in Newell Brands during the 2nd quarter worth $436,133,000. Pzena Investment Management LLC lifted its position in shares of Newell Brands by 5.0% during the 4th quarter. Pzena Investment Management LLC now owns 50,019,553 shares of the company’s stock valued at $186,073,000 after acquiring an additional 2,375,782 shares during the period. AQR Capital Management LLC grew its holdings in shares of Newell Brands by 197.8% during the 4th quarter. AQR Capital Management LLC now owns 21,166,902 shares of the company’s stock worth $78,741,000 after purchasing an additional 14,059,209 shares in the last quarter. Rubric Capital Management LP grew its holdings in shares of Newell Brands by 17.4% during the 1st quarter. Rubric Capital Management LP now owns 15,257,431 shares of the company’s stock worth $52,333,000 after purchasing an additional 2,257,431 shares in the last quarter. Finally, State Street Corp increased its position in shares of Newell Brands by 2.1% in the fourth quarter. State Street Corp now owns 14,615,775 shares of the company’s stock worth $54,371,000 after purchasing an additional 295,001 shares during the period. Institutional investors and hedge funds own 92.50% of the company’s stock.

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.