Newell Brands Inc. (NASDAQ:NWL – Get Free Report) has received a consensus rating of “Hold” from the ten brokerages that are presently covering the company, Marketbeat.com reports. Two analysts have rated the stock with a sell rating, four have assigned a hold rating, three have given a buy rating and one has given a strong buy rating to the company. The average 12-month target price among brokerages that have covered the stock in the last year is $6.6562.
A number of equities research analysts have issued reports on the stock. Citigroup upped their price objective on shares of Newell Brands from $5.50 to $6.00 and gave the stock a “neutral” rating in a research report on Tuesday. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Newell Brands in a research report on Friday, May 15th. JPMorgan Chase & Co. lifted their price target on Newell Brands from $5.00 to $7.00 and gave the stock an “overweight” rating in a report on Thursday, July 16th. Morgan Stanley restated an “underweight” rating and issued a $5.75 price objective on shares of Newell Brands in a research note on Thursday. Finally, UBS Group lifted their target price on Newell Brands from $4.75 to $5.50 and gave the stock a “neutral” rating in a research note on Monday.
Read Our Latest Analysis on Newell Brands
Newell Brands Trading Down 2.4%
Newell Brands (NASDAQ:NWL – Get Free Report) last issued its quarterly earnings data on Friday, July 31st. The company reported $0.42 EPS for the quarter, topping the consensus estimate of $0.20 by $0.22. Newell Brands had a positive return on equity of 12.31% and a negative net margin of 3.05%.The firm had revenue of $1.99 billion during the quarter, compared to the consensus estimate of $1.98 billion. During the same period in the prior year, the business posted $0.24 earnings per share. The company’s quarterly revenue was up 3.0% compared to the same quarter last year. 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. As a group, research analysts predict that Newell Brands will post 0.76 earnings per share for the current fiscal year.
Insider Buying and Selling at Newell Brands
In related news, insider Bradford R. Turner sold 100,000 shares of Newell Brands stock in a transaction dated Friday, May 22nd. The stock was sold at an average price of $3.60, for a total value of $360,000.00. Following the completion of the sale, the insider owned 464,449 shares of the company’s stock, valued at approximately $1,672,016.40. This trade represents a 17.72% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, insider Kristine Kay Malkoski sold 10,850 shares of the business’s stock in a transaction dated Wednesday, May 27th. The shares were sold at an average price of $3.65, for a total value of $39,602.50. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 111,750 shares of company stock worth $402,896. Corporate insiders own 1.64% of the company’s stock.
Institutional Trading of Newell Brands
Several hedge funds and other institutional investors have recently modified their holdings of NWL. Quarry LP boosted its holdings in Newell Brands by 139.3% in the 4th quarter. Quarry LP now owns 7,416 shares of the company’s stock worth $28,000 after buying an additional 4,317 shares during the period. Summit Securities Group LLC bought a new stake in Newell Brands during the 4th quarter valued at $30,000. Citizens Financial Group Inc. RI purchased a new stake in shares of Newell Brands during the fourth quarter worth $39,000. HighPoint Advisor Group LLC purchased a new stake in shares of Newell Brands during the fourth quarter worth $39,000. Finally, 111 Capital bought a new position in shares of Newell Brands in the fourth quarter worth $39,000. 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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