Deutsche Bank AG Buys Shares of 443,746 Newell Brands Inc. $NWL

Key Points

• Deutsche Bank acquired 443,746 Newell Brands shares worth approximately $2.7 million, while institutional investors collectively own 92.5% of NWL.
• Analysts remain cautious, with a consensus “Hold” rating and an average price target of $6.66, despite several firms raising their targets and JPMorgan assigning an “overweight” rating.
• Newell Brands beat quarterly earnings expectations with $0.42 EPS and $1.99 billion in revenue; the company also declared a quarterly dividend of $0.07, yielding approximately 4.8% annually.

Deutsche Bank AG purchased a new stake in shares of Newell Brands Inc. (NASDAQ:NWL - Free Report) during the second quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 443,746 shares of the company's stock, valued at approximately $2,725,000. Deutsche Bank AG owned about 0.10% of Newell Brands as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in the stock. AQR Capital Management LLC raised its holdings in shares of Newell Brands by 197.8% during the fourth quarter. AQR Capital Management LLC now owns 21,166,902 shares of the company's stock valued at $78,741,000 after purchasing an additional 14,059,209 shares during the last quarter. Rubric Capital Management LP bought a new position in Newell Brands in the 3rd quarter worth $68,120,000. Squarepoint Ops LLC lifted its position in Newell Brands by 1,568.3% during the third quarter. Squarepoint Ops LLC now owns 3,795,058 shares of the company's stock valued at $19,886,000 after purchasing an additional 3,567,581 shares in the last quarter. Bank of New York Mellon Corp bought a new stake in Newell Brands during the second quarter valued at about $15,135,000. Finally, Pzena Investment Management LLC grew its holdings 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 valued at $186,073,000 after purchasing an additional 2,375,782 shares during the period. 92.50% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several research analysts have recently commented on NWL shares. Royal Bank Of Canada raised 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. Citigroup lifted their price target on shares of Newell Brands from $5.50 to $6.00 and gave the company a "neutral" rating in a report on Tuesday, August 4th. JPMorgan Chase & Co. upped 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. Wall Street Zen upgraded Newell Brands from a "hold" rating to a "buy" rating in a research report on Saturday, August 1st. Finally, Deutsche Bank Aktiengesellschaft reissued a "hold" rating and set a $6.00 target price on shares of Newell Brands in a research note on Monday, August 3rd. One equities research 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 issued a Sell rating to the company's stock. Based on data from MarketBeat, the company presently has a consensus rating of "Hold" and a consensus price target of $6.66.

Newell Brands Price Performance

Shares of Newell Brands stock opened at $5.89 on Friday. The firm has a market cap of $2.51 billion, a PE ratio of -11.12, a P/E/G ratio of 1.47 and a beta of 0.88. Newell Brands Inc. has a twelve month low of $3.07 and a twelve month high of $7.13. The business has a 50-day moving average price of $5.64 and a 200 day moving average price of $4.63. 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 (NASDAQ:NWL - Get Free Report) last announced its earnings results on Friday, July 31st. The company reported $0.42 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.20 by $0.22. The firm had revenue of $1.99 billion for the quarter, compared to analyst estimates 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 was up 3.0% on a year-over-year basis. During the same quarter last year, the firm posted $0.24 EPS. 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. Sell-side analysts predict that Newell Brands Inc. will post 0.76 earnings per share for the current fiscal year.

Newell Brands Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Monday, August 31st will be given a $0.07 dividend. The ex-dividend date is Monday, August 31st. This represents a $0.28 dividend on an annualized basis and a dividend yield of 4.8%. Newell Brands's dividend payout ratio is -52.83%.

Insider Activity at Newell Brands

In related news, insider Bradford R. Turner sold 100,000 shares of the company's stock in a transaction that occurred on Thursday, August 6th. The stock was sold at an average price of $6.16, for a total value of $616,000.00. Following the transaction, the insider directly owned 433,398 shares in the company, valued at approximately $2,669,731.68. This represents a 18.75% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 1.64% of the company's stock.

Newell Brands Profile

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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