GSA Capital Partners LLP lifted its position in shares of Newell Brands Inc. (NASDAQ:NWL – Free Report) by 262.7% during the 3rd quarter, Holdings Channel.com reports. The fund owned 346,554 shares of the company’s stock after buying an additional 251,012 shares during the period. GSA Capital Partners LLP’s holdings in Newell Brands were worth $1,816,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also modified their holdings of the company. Caitong International Asset Management Co. Ltd acquired a new position in Newell Brands during the second quarter worth $35,000. Summit Global Investments purchased a new position in shares of Newell Brands in the second quarter valued at $54,000. Forum Financial Management LP acquired a new position in shares of Newell Brands during the 3rd quarter worth $54,000. one8zero8 LLC purchased a new stake in shares of Newell Brands in the 3rd quarter worth about $57,000. Finally, Earned Wealth Advisors LLC acquired a new stake in Newell Brands in the 2nd quarter valued at about $60,000. Institutional investors and hedge funds own 92.50% of the company’s stock.
Wall Street Analysts Forecast Growth
A number of equities analysts have issued reports on NWL shares. Weiss Ratings restated a “sell (d)” rating on shares of Newell Brands in a research report on Monday, December 29th. JPMorgan Chase & Co. reduced their target price on Newell Brands from $6.00 to $5.00 and set an “overweight” rating on the stock in a research note on Monday, November 3rd. Citigroup increased their target price on Newell Brands from $4.25 to $5.00 and gave the company a “neutral” rating in a report on Monday, February 9th. UBS Group reissued a “neutral” rating and set a $5.00 price target on shares of Newell Brands in a research report on Monday, February 9th. Finally, Morgan Stanley upped their price objective on Newell Brands from $4.25 to $4.50 and gave the company an “equal weight” rating in a research report on Tuesday, February 10th. Four research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $6.11.
Newell Brands Price Performance
NWL stock opened at $4.67 on Wednesday. The stock has a market capitalization of $1.96 billion, a price-to-earnings ratio of -6.87 and a beta of 0.93. The company has a quick ratio of 0.57, a current ratio of 1.07 and a debt-to-equity ratio of 1.90. Newell Brands Inc. has a 52-week low of $3.07 and a 52-week high of $7.07. The stock’s fifty day simple moving average is $4.12 and its 200-day simple moving average is $4.56.
Newell Brands (NASDAQ:NWL – Get Free Report) last released its earnings results on Friday, February 6th. The company reported $0.18 EPS for the quarter, meeting the consensus estimate of $0.18. Newell Brands had a positive return on equity of 9.17% and a negative net margin of 3.96%.The firm had revenue of $1.90 billion during the quarter, compared to analyst estimates of $1.88 billion. During the same period in the prior year, the firm posted $0.16 earnings per share. The business’s quarterly revenue was down 2.7% compared to the same quarter last year. Newell Brands has set its Q1 2026 guidance at -0.120–0.080 EPS. Equities research analysts expect that Newell Brands Inc. will post 0.72 EPS for the current year.
Newell Brands Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Friday, March 13th. Investors of record on Friday, February 27th will be given a $0.07 dividend. The ex-dividend date of this dividend is Friday, February 27th. This represents a $0.28 annualized dividend and a dividend yield of 6.0%. Newell Brands’s dividend payout ratio (DPR) is currently -41.18%.
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.
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