Newell Brands Inc. $NWL Shares Acquired by Corient Private Wealth LP

Key Points

• Institutional investors increased exposure to Newell Brands: Corient Private Wealth LP boosted its stake by 532.5% to 220,800 shares, while BlackRock and Pzena Investment Management initiated sizable positions. Institutional investors collectively own 92.5% of the company.
• Newell Brands exceeded quarterly earnings expectations: The company reported $0.42 in EPS versus the $0.20 consensus estimate, with revenue up 3% year over year to $1.99 billion. It guided for fiscal 2026 EPS of $0.73–$0.77.
• The stock carries a mixed outlook: Shares opened at $5.43, while analysts’ consensus rating is “Hold” with a $6.66 target price. Newell also maintains a quarterly dividend of $0.07 per share, yielding about 5.2%, despite a negative payout ratio.

Corient Private Wealth LP increased its position in Newell Brands Inc. (NASDAQ:NWL - Free Report) by 532.5% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 220,800 shares of the company's stock after buying an additional 185,892 shares during the quarter. Corient Private Wealth LP owned about 0.05% of Newell Brands worth $1,356,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. BlackRock Inc. acquired a new stake in Newell Brands during the 2nd quarter worth approximately $436,133,000. Pzena Investment Management LLC acquired a new stake in shares of Newell Brands in the second quarter worth $294,663,000. Rubric Capital Management LP increased its position in shares of 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 acquiring an additional 2,257,431 shares in the last quarter. Primecap Management Co. CA purchased a new position in shares of Newell Brands in the 2nd quarter valued at $36,003,000. Finally, Bank of New York Mellon Corp purchased a new position in shares of Newell Brands in the 2nd quarter valued at $15,135,000. Institutional investors and hedge funds own 92.50% of the company's stock.

Newell Brands Stock Down 2.9%

Shares of Newell Brands stock opened at $5.43 on Friday. 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 firm has a market cap of $2.31 billion, a P/E ratio of -10.25, a P/E/G ratio of 1.38 and a beta of 0.89. Newell Brands Inc. has a fifty-two week low of $3.07 and a fifty-two week high of $7.13. The business has a 50-day moving average price of $5.81 and a 200 day moving average price of $4.82.

Newell Brands (NASDAQ:NWL - Get Free Report) last posted its quarterly earnings results on Friday, July 31st. The company reported $0.42 earnings per share (EPS) 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 business 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 business'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. On average, sell-side analysts forecast 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 was paid on Tuesday, September 15th. Stockholders of record on Monday, August 31st were given a dividend of $0.07 per share. This represents a $0.28 dividend on an annualized basis and a dividend yield of 5.2%. The ex-dividend date was Monday, August 31st. Newell Brands's dividend payout ratio is presently -52.83%.

Insider Activity

In related news, insider Bradford Turner sold 100,000 shares of the firm'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 sale, the insider owned 433,398 shares of the company's stock, valued at approximately $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 accessible through this hyperlink. Company insiders own 1.64% of the company's stock.

Analyst Ratings Changes

A number of analysts recently weighed in on the stock. Weiss Ratings raised shares of Newell Brands from a "sell (d-)" rating to a "sell (d)" rating in a research report on Wednesday, August 26th. Barclays raised their price objective on Newell Brands from $5.00 to $7.00 and gave the company an "overweight" rating in a research report on Tuesday, July 21st. Citigroup boosted their price objective on Newell Brands from $5.50 to $6.00 and gave the stock a "neutral" rating in a research note on Tuesday, August 4th. JPMorgan Chase & Co. upped their target price on Newell Brands from $5.00 to $7.00 and gave the stock an "overweight" rating in a research report on Thursday, July 16th. Finally, Zacks Research lowered Newell Brands from a "strong-buy" rating to a "hold" rating in a research note on Monday, August 31st. Three equities research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, Newell Brands presently has an average rating of "Hold" and a consensus target price of $6.66.

Newell Brands Company Profile

Newell Brands Inc is a global consumer goods company that designs, manufactures and markets products used in homes, workplaces and outdoor settings. Its portfolio includes well-known brands such as Rubbermaid, Sharpie, Graco, Coleman, Yankee Candle, Elmer's, FoodSaver, Mr. Coffee, Oster and Calphalon.

The company's products span food and home storage, cleaning and organization, writing instruments and arts supplies, baby products, cookware and small kitchen appliances, home fragrance, and outdoor recreation equipment.

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