Sei Investments Co. boosted its holdings in shares of Newell Brands Inc. (NASDAQ:NWL – Free Report) by 79.6% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,062,207 shares of the company’s stock after acquiring an additional 470,631 shares during the period. Sei Investments Co. owned 0.25% of Newell Brands worth $3,643,000 at the end of the most recent reporting period.
Other hedge funds also recently bought and sold shares of the company. Intech Investment Management LLC grew its position in shares of Newell Brands by 510.3% in the fourth quarter. Intech Investment Management LLC now owns 483,491 shares of the company’s stock valued at $1,799,000 after purchasing an additional 404,269 shares in the last quarter. Louisiana State Employees Retirement System purchased a new position in Newell Brands during the first quarter worth approximately $638,000. Pzena Investment Management LLC boosted its stake in Newell Brands by 5.0% during the fourth quarter. Pzena Investment Management LLC now owns 50,019,553 shares of the company’s stock worth $186,073,000 after buying an additional 2,375,782 shares during the last quarter. CastleKnight Management LP boosted its stake in Newell Brands by 397.9% during the fourth quarter. CastleKnight Management LP now owns 864,914 shares of the company’s stock worth $3,217,000 after buying an additional 691,214 shares during the last quarter. Finally, First Trust Advisors LP grew its holdings in Newell Brands by 1,010.4% in the 1st quarter. First Trust Advisors LP now owns 1,732,964 shares of the company’s stock valued at $5,944,000 after buying an additional 1,576,892 shares in the last quarter. Institutional investors and hedge funds own 92.50% of the company’s stock.
Insider Transactions at Newell Brands
In related news, insider Bradford R. Turner sold 100,000 shares of the stock in a transaction that occurred on Friday, May 22nd. The shares were sold at an average price of $3.60, for a total transaction of $360,000.00. Following the completion of the transaction, 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 transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Kristine Kay Malkoski sold 10,850 shares of the stock in a transaction that occurred on Wednesday, May 27th. The stock was sold at an average price of $3.65, for a total transaction of $39,602.50. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 111,750 shares of company stock valued at $402,896. Company insiders own 1.64% of the company’s stock.
Wall Street Analyst Weigh In
Check Out Our Latest Analysis on NWL
Newell Brands Stock Performance
Shares of Newell Brands stock opened at $6.02 on Friday. The firm has a market cap of $2.56 billion, a PE ratio of -11.36, a price-to-earnings-growth ratio of 1.52 and a beta of 0.88. The company has a quick ratio of 0.59, a current ratio of 1.11 and a debt-to-equity ratio of 1.85. Newell Brands Inc. has a 52 week low of $3.07 and a 52 week high of $7.13. The business’s fifty day simple moving average is $5.09 and its 200-day simple moving average is $4.45.
Newell Brands (NASDAQ:NWL – Get Free Report) last issued its quarterly earnings data on Friday, July 31st. The company reported $0.42 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.20 by $0.22. Newell Brands had a negative net margin of 3.05% and a positive return on equity of 12.31%. The firm had revenue of $1.99 billion for the quarter, compared to analyst estimates of $1.98 billion. During the same period in the previous year, the firm earned $0.24 EPS. Newell Brands’s revenue was up 3.0% on a year-over-year basis. 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. Equities analysts forecast that Newell Brands Inc. will post 0.76 earnings per share for the current year.
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.
Recommended Stories
- Five stocks we like better than Newell Brands
- Sandisk Just Delivered a Blowout Quarter—Here’s Why the Stock Is Falling
- 4 Oil and Gas ETF Plays as Prices Stay Sky-High
- What Tesla Stands to Lose If It Walks Away From China
- Disney Sets Up for a Magical Year in 2027
Receive News & Ratings for Newell Brands Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Newell Brands and related companies with MarketBeat.com's FREE daily email newsletter.
