Insider Selling: Newell Brands (NASDAQ:NWL) Insider Sells $616,000.00 in Stock

Newell Brands Inc. (NASDAQ:NWL) insider Bradford 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 value of $616,000.00. Following the completion of the transaction, the insider owned 433,398 shares in the company, valued at approximately $2,669,731.68. The trade was a 18.75% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website.

Newell Brands Price Performance

Shares of NASDAQ NWL opened at $6.16 on Thursday. The company has a current ratio of 1.11, a quick ratio of 0.59 and a debt-to-equity ratio of 1.85. The stock has a fifty day simple moving average of $5.30 and a two-hundred day simple moving average of $4.50. Newell Brands Inc. has a 1-year low of $3.07 and a 1-year high of $7.13. The firm has a market cap of $2.62 billion, a price-to-earnings ratio of -11.62, a price-to-earnings-growth ratio of 1.52 and a beta of 0.88.

Newell Brands (NASDAQ:NWL) last issued 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 analysts’ expectations 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% compared to the same quarter last year. During the same quarter 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. Analysts anticipate that Newell Brands Inc. will post 0.76 earnings per share for the current year.

Newell Brands Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Monday, August 31st will be issued a dividend of $0.07 per share. The ex-dividend date of this dividend is Monday, August 31st. This represents a $0.28 annualized dividend and a yield of 4.5%. Newell Brands’s dividend payout ratio is -52.83%.

Hedge Funds Weigh In On Newell Brands

Institutional investors have recently made changes to their positions in the stock. Quarry LP lifted its holdings in shares of Newell Brands by 139.3% during the 4th quarter. Quarry LP now owns 7,416 shares of the company’s stock worth $28,000 after acquiring an additional 4,317 shares during the last quarter. Summit Securities Group LLC bought a new position in Newell Brands in the fourth quarter valued at $30,000. Citizens Financial Group Inc. RI bought a new position in Newell Brands in the fourth quarter valued at $39,000. HighPoint Advisor Group LLC purchased a new stake in Newell Brands during the fourth quarter valued at about $39,000. Finally, 111 Capital bought a new stake in Newell Brands during the fourth quarter worth about $39,000. Institutional investors own 92.50% of the company’s stock.

Analyst Upgrades and Downgrades

NWL has been the topic of several research reports. UBS Group boosted their price target on shares of Newell Brands from $4.75 to $5.50 and gave the company a “neutral” rating in a research report on Monday, August 3rd. Wall Street Zen raised shares of Newell Brands from a “hold” rating to a “buy” rating in a report on Saturday, August 1st. Weiss Ratings reissued a “sell (d-)” rating on shares of Newell Brands in a report on Friday, May 15th. Deutsche Bank Aktiengesellschaft restated a “hold” rating and set a $6.00 target price on shares of Newell Brands in a research report on Monday, August 3rd. Finally, Canaccord Genuity Group raised their price target on Newell Brands from $9.00 to $11.00 and gave the stock a “buy” rating in a report on Monday, August 3rd. One analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, four have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $6.66.

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.