PDT Partners LLC Purchases New Position in Newell Brands Inc. $NWL

Posted by Francis Steltz on Aug 27th, 2026

PDT Partners LLC bought a new stake in Newell Brands Inc. (NASDAQ:NWL – Free Report) during the second quarter, according to its most recent disclosure with the SEC. The firm bought 413,004 shares of the company’s stock, valued at approximately $2,536,000.

Several other institutional investors also recently added to or reduced their stakes in the company. Quarry LP increased its holdings in shares of Newell Brands by 139.3% in the 4th quarter. Quarry LP now owns 7,416 shares of the company’s stock valued at $28,000 after acquiring an additional 4,317 shares during the period. Summit Securities Group LLC acquired a new position in Newell Brands during the fourth quarter worth $30,000. Vise Technologies Inc. purchased a new position in Newell Brands in the third quarter worth $54,000. HighPoint Advisor Group LLC acquired a new stake in Newell Brands in the fourth quarter valued at $39,000. Finally, CreativeOne Wealth LLC acquired a new stake in Newell Brands in the third quarter valued at $54,000. Institutional investors and hedge funds own 92.50% of the company’s stock.

Newell Brands Stock Up 0.5%

Newell Brands stock opened at $5.96 on Thursday. 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 firm has a market capitalization of $2.54 billion, a price-to-earnings ratio of -11.25, a price-to-earnings-growth ratio of 1.47 and a beta of 0.88. Newell Brands Inc. has a fifty-two week low of $3.07 and a fifty-two week high of $7.13. The stock’s fifty day moving average is $5.62 and its two-hundred day moving average is $4.62.

Newell Brands (NASDAQ:NWL – Get Free Report) last announced its quarterly earnings results on Friday, July 31st. The company reported $0.42 earnings per share for the quarter, beating analysts’ consensus estimates of $0.20 by $0.22. The business had revenue of $1.99 billion during 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% on a year-over-year basis. During the same quarter last year, the business posted $0.24 earnings per share. 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 predict that Newell Brands Inc. will post 0.76 EPS for the current fiscal year.

Newell Brands Announces Dividend

The firm also recently announced 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. This represents a $0.28 annualized dividend and a yield of 4.7%. The ex-dividend date is Monday, August 31st. Newell Brands’s dividend payout ratio (DPR) is -52.83%.

Insider Transactions at Newell Brands

In other Newell Brands news, insider Bradford R. Turner sold 100,000 shares of Newell Brands stock in a transaction dated Thursday, August 6th. The shares were sold at an average price of $6.16, for a total transaction 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 ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 1.64% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on the stock. Royal Bank Of Canada upped their price target on shares of Newell Brands from $4.00 to $5.00 and gave the stock a “sector perform” rating in a research note on Monday, August 3rd. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and issued a $6.00 price objective on shares of Newell Brands in a research note on Monday, August 3rd. Zacks Research raised shares of Newell Brands from a “hold” rating to a “strong-buy” rating in a report on Friday, July 31st. UBS Group upped their target price on shares of Newell Brands from $4.75 to $5.50 and gave the stock a “neutral” rating in a research report on Monday, August 3rd. Finally, Barclays increased their target price on shares of Newell Brands from $5.00 to $7.00 and gave the company an “overweight” rating in a report on Tuesday, July 21st. One analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, four have assigned a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, Newell Brands presently has an average rating of “Hold” and an average price target of $6.66.

Read Our Latest Analysis on Newell Brands

About Newell Brands

(Free Report)

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.