41,030 Shares in Newell Brands Inc. $NWL Acquired by Focus Partners Advisor Solutions LLC

Key Points

• Focus Partners Advisor Solutions LLC has acquired 41,030 shares of Newell Brands, valued at approximately $254,000, in the first quarter of the year.
• Newell Brands reported a quarterly EPS of $0.24, matching analysts' expectations, but experienced a 4.8% decrease in revenue compared to the previous year.
• The company declared a $0.07 quarterly dividend, resulting in an annualized yield of 4.4%, with a dividend payout ratio of -47.46%.

Focus Partners Advisor Solutions LLC acquired a new position in shares of Newell Brands Inc. (NASDAQ:NWL - Free Report) during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 41,030 shares of the company's stock, valued at approximately $254,000.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Castlekeep Investment Advisors LLC acquired a new stake in Newell Brands during the fourth quarter worth $33,000. Farther Finance Advisors LLC grew its stake in Newell Brands by 212.6% during the 1st quarter. Farther Finance Advisors LLC now owns 6,130 shares of the company's stock worth $38,000 after purchasing an additional 4,169 shares in the last quarter. NBC Securities Inc. grew its stake in Newell Brands by 146,542.9% during the 1st quarter. NBC Securities Inc. now owns 10,265 shares of the company's stock worth $63,000 after purchasing an additional 10,258 shares in the last quarter. Vident Advisory LLC acquired a new position in Newell Brands during the 1st quarter worth $66,000. Finally, Atria Wealth Solutions Inc. purchased a new stake in Newell Brands during the 1st quarter worth about $69,000. Hedge funds and other institutional investors own 92.50% of the company's stock.

Analysts Set New Price Targets

A number of analysts have issued reports on the company. UBS Group lifted their price target on Newell Brands from $5.00 to $5.50 and gave the stock a "neutral" rating in a report on Thursday, July 17th. Wells Fargo & Company upped their target price on Newell Brands from $5.00 to $6.00 and gave the company an "equal weight" rating in a research report on Wednesday, July 9th. Canaccord Genuity Group decreased their target price on Newell Brands from $11.00 to $9.00 and set a "buy" rating for the company in a research report on Monday, August 4th. JPMorgan Chase & Co. decreased their target price on Newell Brands from $8.00 to $7.00 and set an "overweight" rating for the company in a research report on Monday, August 4th. Finally, Citigroup reissued a "neutral" rating and issued a $6.00 target price (up from $5.00) on shares of Newell Brands in a research report on Tuesday, July 15th. Four equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average target price of $7.44.

Newell Brands Stock Performance

Shares of NWL stock traded down $0.17 during trading hours on Friday, reaching $5.92. 5,979,776 shares of the company's stock were exchanged, compared to its average volume of 7,255,547. The company has a market cap of $2.48 billion, a P/E ratio of -10.03 and a beta of 0.99. The company's 50 day moving average is $5.71 and its two-hundred day moving average is $5.65. Newell Brands Inc. has a 1 year low of $4.22 and a 1 year high of $11.78. The company has a debt-to-equity ratio of 1.68, a current ratio of 1.12 and a quick ratio of 0.57.

Newell Brands (NASDAQ:NWL - Get Free Report) last issued its earnings results on Friday, August 1st. The company reported $0.24 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $0.24. The business had revenue of $1.94 billion during the quarter, compared to the consensus estimate of $1.95 billion. Newell Brands had a positive return on equity of 8.48% and a negative net margin of 3.29%.The company's revenue for the quarter was down 4.8% on a year-over-year basis. During the same period in the prior year, the business posted $0.36 EPS. Newell Brands has set its FY 2025 guidance at 0.660-0.70 EPS. Q3 2025 guidance at 0.160-0.19 EPS. Equities research analysts anticipate that Newell Brands Inc. will post 0.72 EPS for the current fiscal year.

Newell Brands Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, September 15th. Investors of record on Friday, August 29th will be issued a $0.07 dividend. The ex-dividend date is Friday, August 29th. This represents a $0.28 dividend on an annualized basis and a dividend yield of 4.7%. Newell Brands's dividend payout ratio is currently -47.46%.

Insider Buying and Selling at Newell Brands

In related news, CEO Melanie Arlene Huet sold 8,800 shares of the company's stock in a transaction that occurred on Tuesday, August 5th. The stock was sold at an average price of $5.11, for a total value of $44,968.00. Following the sale, the chief executive officer owned 52,007 shares in the company, valued at $265,755.77. This represents a 14.47% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. 0.71% of the stock is currently owned by corporate insiders.

Newell Brands Profile

Newell Brands Inc engages in the design, manufacture, sourcing, and distribution of consumer and commercial products worldwide. The company operates in three segments: Home and Commercial Solutions, Learning and Development, and Outdoor and Recreation. The Commercial Solutions segment provides commercial cleaning and maintenance solution products under the Rubbermaid, Rubbermaid Commercial Products, Mapa, and Spontex brands; closet and garage organization products; hygiene systems and material handling solutions; household products, such as kitchen appliances under the Crockpot, Mr.