Cygnus Capital Advisors LLC Increases Holdings in Newell Brands Inc. $NWL

Key Points

• Cygnus Capital Advisors increased its Newell Brands stake by 142.7% in the second quarter, owning 1.36 million shares valued at approximately $8.3 million. Institutional investors collectively hold 92.5% of NWL’s outstanding shares.
• Analysts remain mixed, with Newell Brands receiving an average rating of “Hold” and an average price target of $6.66; several firms recently raised their targets, including Canaccord Genuity to $11.
• Newell Brands reported quarterly EPS of $0.42, exceeding the $0.20 consensus estimate, while revenue rose 3% year over year to $1.99 billion. The company also declared a quarterly dividend of $0.07 per share, representing a 4.6% annualized yield.

Cygnus Capital Advisors LLC raised its stake in shares of Newell Brands Inc. (NASDAQ:NWL - Free Report) by 142.7% in the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 1,356,995 shares of the company's stock after acquiring an additional 797,898 shares during the quarter. Newell Brands makes up 5.6% of Cygnus Capital Advisors LLC's portfolio, making the stock its 2nd largest holding. Cygnus Capital Advisors LLC owned about 0.32% of Newell Brands worth $8,332,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Quarry LP grew 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 worth $28,000 after purchasing an additional 4,317 shares during the last quarter. Summit Securities Group LLC bought a new position in Newell Brands during the 4th quarter valued at about $30,000. HighPoint Advisor Group LLC acquired a new position in Newell Brands in the fourth quarter valued at about $39,000. 111 Capital acquired a new position in Newell Brands in the fourth quarter valued at about $39,000. Finally, Amundi bought a new stake in Newell Brands during the fourth quarter worth about $39,000. Institutional investors and hedge funds own 92.50% of the company's stock.

Insider Activity

In other news, insider Bradford Turner sold 100,000 shares of Newell Brands stock in a transaction that occurred on 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 sale, the insider owned 433,398 shares in the company, valued at $2,669,731.68. The trade was a 18.75% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Company insiders own 1.64% of the company's stock.

Analysts Set New Price Targets

NWL has been the topic of several recent analyst reports. Barclays boosted their target price on Newell Brands from $5.00 to $7.00 and gave the stock an "overweight" rating in a report on Tuesday, July 21st. Citigroup lifted their price objective on Newell Brands from $5.50 to $6.00 and gave the company a "neutral" rating in a research report on Tuesday, August 4th. Royal Bank Of Canada boosted their price objective on Newell Brands from $4.00 to $5.00 and gave the stock a "sector perform" rating in a research note on Monday, August 3rd. Canaccord Genuity Group increased their target price on Newell Brands from $9.00 to $11.00 and gave the stock a "buy" rating in a report on Monday, August 3rd. Finally, JPMorgan Chase & Co. raised their target price on Newell Brands from $5.00 to $7.00 and gave the company an "overweight" rating in a research note on Thursday, July 16th. Three analysts have rated the stock with a Buy rating, five have issued a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, the stock currently has an average rating of "Hold" and an average target price of $6.66.

Newell Brands Price Performance

Shares of NWL opened at $6.11 on Tuesday. The firm has a market capitalization of $2.60 billion, a price-to-earnings ratio of -11.53, a PEG ratio of 1.51 and a beta of 0.89. 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 business's fifty day moving average price is $5.72 and its two-hundred day moving average price is $4.70. Newell Brands Inc. has a 52 week low of $3.07 and a 52 week high of $7.13.

Newell Brands (NASDAQ:NWL - Get Free Report) last released its earnings results on Friday, July 31st. The company reported $0.42 earnings per share for the quarter, topping analysts' consensus estimates 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 during the quarter, compared to the consensus estimate of $1.98 billion. During the same quarter in the previous year, the company posted $0.24 earnings per share. The firm's quarterly 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. On average, analysts predict that Newell Brands Inc. will post 0.76 earnings per share for the current year.

Newell Brands Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Monday, August 31st will be paid a $0.07 dividend. This represents a $0.28 annualized dividend and a dividend yield of 4.6%. The ex-dividend date of this dividend is Monday, August 31st. Newell Brands's dividend payout ratio (DPR) is -52.83%.

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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