Newell Brands Inc. (NASDAQ:NWL) Stock Has Consensus Price Target of $6.66

Key Points

• Analysts maintain a “Hold” consensus on Newell Brands, with two sell, four hold, three buy and one strong-buy ratings. The average 12-month price target is $6.66 versus the stock’s recent $5.59 price.
• Newell Brands reported quarterly EPS of $0.42, beating the $0.20 consensus estimate, while revenue rose 3% year over year to $1.99 billion. Analysts project approximately $0.76 in full-year EPS.
• The company pays a quarterly dividend of $0.07 per share, equivalent to a 5.0% annualized yield, although its negative payout ratio reflects reported losses.

Shares of Newell Brands Inc. (NASDAQ:NWL - Get Free Report) have been given a consensus rating of "Hold" by the ten ratings firms that are currently covering the company, MarketBeat Ratings reports. Two investment analysts have rated the stock with a sell rating, four have assigned a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the company. The average 1 year price target among brokerages that have issued a report on the stock in the last year is $6.66.

Several brokerages recently commented on NWL. Royal Bank Of Canada boosted their price target on Newell Brands from $4.00 to $5.00 and gave the company a "sector perform" rating in a research note on Monday, August 3rd. Canaccord Genuity Group increased their price objective on Newell Brands from $9.00 to $11.00 and gave the stock a "buy" rating in a research note on Monday, August 3rd. Morgan Stanley reissued an "underweight" rating and set a $5.75 price objective on shares of Newell Brands in a report on Thursday, August 6th. Wall Street Zen raised Newell Brands from a "hold" rating to a "buy" rating in a report on Saturday, August 1st. Finally, UBS Group boosted their target price on shares of Newell Brands from $4.75 to $5.50 and gave the company a "neutral" rating in a research note on Monday, August 3rd.

Newell Brands Stock Up 0.2%

Shares of NWL opened at $5.59 on Wednesday. The company has a quick ratio of 0.59, a current ratio of 1.11 and a debt-to-equity ratio of 1.85. The company has a 50-day moving average price of $5.83 and a two-hundred day moving average price of $4.96. The stock has a market cap of $2.38 billion, a price-to-earnings ratio of -10.55, a P/E/G ratio of 1.38 and a beta of 0.88. Newell Brands has a 12 month low of $3.07 and a 12 month high of $7.13.

Newell Brands (NASDAQ:NWL - Get Free Report) last released its quarterly earnings data on Friday, July 31st. The company reported $0.42 earnings per share for the quarter, beating 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 company had revenue of $1.99 billion for the quarter, compared to analyst estimates of $1.98 billion. During the same period in the prior year, the company posted $0.24 EPS. The company's 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. Equities analysts predict that Newell Brands will post 0.76 EPS for the current fiscal year.

Newell Brands Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 15th. Investors of record on Monday, August 31st were given a dividend of $0.07 per share. The ex-dividend date was Monday, August 31st. This represents a $0.28 dividend on an annualized basis and a dividend yield of 5.0%. Newell Brands's dividend payout ratio (DPR) is -52.83%.

Insider Transactions at Newell Brands

In related news, insider Bradford 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 directly owned 433,398 shares of the company's stock, valued at $2,669,731.68. This trade represents a 18.75% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 1.64% of the stock is owned by corporate insiders.

Institutional Trading of Newell Brands

Several large investors have recently added to or reduced their stakes in the company. BlackRock Inc. bought a new stake in Newell Brands during the 2nd quarter worth approximately $436,133,000. Pzena Investment Management LLC acquired a new stake in Newell Brands during the 2nd quarter valued at $294,663,000. Primecap Management Co. CA acquired a new stake in Newell Brands during the 2nd quarter valued at $36,003,000. Bank of New York Mellon Corp acquired a new stake in Newell Brands during the 2nd quarter valued at $15,135,000. Finally, Rubric Capital Management LP boosted its stake in Newell Brands by 17.4% in the first quarter. Rubric Capital Management LP now owns 15,257,431 shares of the company's stock worth $52,333,000 after purchasing an additional 2,257,431 shares in the last quarter. 92.50% of the stock is owned by institutional investors.

Newell Brands Company Profile

Newell Brands Inc is a global consumer-goods company that designs, manufactures and markets products for the home, workplace, school and outdoor recreation. Its portfolio includes storage and organization products, writing instruments, food and beverage preparation items, cookware, small appliances, outdoor equipment, candles and other household goods.

The company's brands include Rubbermaid, Sharpie, Graco, Coleman, Yankee Candle, Elmer's, FoodSaver, Mr. Coffee, Oster, Calphalon and Sistema.

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