Newell Brands Inc. (NASDAQ:NWL – Get Free Report) has earned a consensus recommendation of “Hold” from the eleven brokerages that are covering the firm, Marketbeat.com reports. One analyst has rated the stock with a sell rating, six have issued a hold rating and four have given a buy rating to the company. The average 1 year price target among brokers that have updated their coverage on the stock in the last year is $5.80.
A number of analysts recently commented on NWL shares. UBS Group reiterated a “neutral” rating and issued a $5.00 target price on shares of Newell Brands in a report on Monday, February 9th. Morgan Stanley raised their target price on shares of Newell Brands from $4.25 to $4.50 and gave the stock an “equal weight” rating in a report on Tuesday, February 10th. Citigroup lifted their price target on shares of Newell Brands from $4.25 to $5.00 and gave the stock a “neutral” rating in a research report on Monday, February 9th. Canaccord Genuity Group upped their price target on Newell Brands from $7.00 to $8.00 and gave the company a “buy” rating in a report on Monday, January 26th. Finally, Deutsche Bank Aktiengesellschaft cut their price objective on Newell Brands from $5.00 to $3.00 and set a “hold” rating for the company in a research report on Monday.
Check Out Our Latest Stock Analysis on NWL
Newell Brands Price Performance
Newell Brands (NASDAQ:NWL – Get Free Report) last issued its quarterly earnings results on Friday, February 6th. The company reported $0.18 EPS for the quarter, hitting the consensus estimate of $0.18. Newell Brands had a negative net margin of 3.96% and a positive return on equity of 9.17%. The firm had revenue of $1.90 billion for the quarter, compared to analysts’ expectations of $1.88 billion. During the same period in the previous year, the business earned $0.16 earnings per share. Newell Brands’s revenue for the quarter 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. As a group, sell-side analysts predict that Newell Brands will post 0.72 earnings per share for the current fiscal year.
Newell Brands Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Friday, March 13th. Stockholders of record on Friday, February 27th were issued a dividend of $0.07 per share. This represents a $0.28 annualized dividend and a dividend yield of 8.5%. The ex-dividend date of this dividend was Friday, February 27th. Newell Brands’s dividend payout ratio is currently -41.18%.
Hedge Funds Weigh In On Newell Brands
A number of institutional investors have recently bought and sold shares of NWL. AQR Capital Management LLC grew its position in 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 purchased a new stake in shares of Newell Brands in the third quarter valued at $68,120,000. Cooper Creek Partners Management LLC lifted its holdings in shares of Newell Brands by 48.8% in the second quarter. Cooper Creek Partners Management LLC now owns 25,985,548 shares of the company’s stock valued at $140,322,000 after purchasing an additional 8,526,698 shares in the last quarter. Candlestick Capital Management LP acquired a new stake in shares of Newell Brands in the third quarter worth $31,786,000. Finally, Norges Bank acquired a new stake in shares of Newell Brands in the second quarter worth $20,196,000. Hedge funds and other institutional investors own 92.50% of the company’s stock.
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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