Massachusetts Financial Services Co. MA Has $75.48 Million Stock Holdings in Newell Brands Inc. $NWL

Key Points

• Massachusetts Financial Services trimmed its Newell Brands stake by 2.3% in Q4, selling 474,916 shares and now holding 20,290,115 shares (4.84% ownership) worth about $75.48 million.
• Institutional ownership of Newell Brands is high at 92.5%, with several large investors making modest adjustments to their positions in recent quarters.
• Analysts carry a consensus Hold rating with an average price target of $5.63 (targets range roughly $3.00–$8.00); shares trade at $3.86, the company guided Q1 EPS to -$0.12–-0.08, and it pays a 7.3% dividend yield.

Massachusetts Financial Services Co. MA trimmed its holdings in Newell Brands Inc. (NASDAQ:NWL - Free Report) by 2.3% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 20,290,115 shares of the company's stock after selling 474,916 shares during the period. Massachusetts Financial Services Co. MA owned 4.84% of Newell Brands worth $75,479,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in the business. California State Teachers Retirement System grew its position in Newell Brands by 0.6% in the second quarter. California State Teachers Retirement System now owns 384,848 shares of the company's stock worth $2,078,000 after acquiring an additional 2,108 shares in the last quarter. Osaic Holdings Inc. boosted its holdings in shares of Newell Brands by 19.6% during the 2nd quarter. Osaic Holdings Inc. now owns 14,104 shares of the company's stock worth $76,000 after buying an additional 2,308 shares during the period. Illinois Municipal Retirement Fund raised its stake in Newell Brands by 1.7% during the 3rd quarter. Illinois Municipal Retirement Fund now owns 213,173 shares of the company's stock valued at $1,117,000 after purchasing an additional 3,501 shares during the last quarter. Amalgamated Bank raised its stake in Newell Brands by 3.6% during the 3rd quarter. Amalgamated Bank now owns 130,377 shares of the company's stock valued at $683,000 after purchasing an additional 4,492 shares during the last quarter. Finally, Kestra Private Wealth Services LLC raised its stake in Newell Brands by 21.1% during the 3rd quarter. Kestra Private Wealth Services LLC now owns 25,897 shares of the company's stock valued at $136,000 after purchasing an additional 4,508 shares during the last quarter. 92.50% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research firms recently commented on NWL. Royal Bank Of Canada set a $4.00 target price on shares of Newell Brands in a research note on Thursday. Morgan Stanley upped their target price on shares of Newell Brands from $4.25 to $4.50 and gave the company an "equal weight" rating in a research note on Tuesday, February 10th. UBS Group cut their target price on shares of Newell Brands from $5.00 to $3.75 and set a "neutral" rating for the company in a research note on Tuesday, April 7th. Deutsche Bank Aktiengesellschaft cut their target price on shares of Newell Brands from $5.00 to $3.00 and set a "hold" rating for the company in a research note on Monday, March 30th. Finally, Canaccord Genuity Group upped their target price on shares of Newell Brands from $7.00 to $8.00 and gave the company a "buy" rating in a research note on Monday, January 26th. Four investment analysts have rated the stock with a Buy rating, six have given a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat.com, the stock has a consensus rating of "Hold" and an average price target of $5.63.

Newell Brands Trading Down 0.8%

Shares of Newell Brands stock opened at $3.86 on Tuesday. The firm has a market capitalization of $1.64 billion, a PE ratio of -5.68 and a beta of 0.97. The company has a debt-to-equity ratio of 1.90, a current ratio of 1.07 and a quick ratio of 0.57. The company's fifty day moving average price is $4.12 and its two-hundred day moving average price is $4.10. Newell Brands Inc. has a 52-week low of $3.07 and a 52-week high of $6.64.

Newell Brands (NASDAQ:NWL - Get Free Report) last announced its quarterly earnings results on Friday, February 6th. The company reported $0.18 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.18. The firm had revenue of $1.90 billion for the quarter, compared to analyst estimates of $1.88 billion. Newell Brands had a negative net margin of 3.96% and a positive return on equity of 9.17%. The business's revenue for the quarter was down 2.7% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.16 EPS. Newell Brands has set its Q1 2026 guidance at -0.120--0.080 EPS. On average, analysts expect that Newell Brands Inc. will post 0.72 EPS for the current year.

Newell Brands Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, March 13th. Shareholders of record on Friday, February 27th were issued a $0.07 dividend. This represents a $0.28 annualized dividend and a yield of 7.3%. The ex-dividend date of this dividend was Friday, February 27th. Newell Brands's payout ratio is -41.18%.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.