Kristine Kay Malkoski Sells 10,850 Shares of Newell Brands (NASDAQ:NWL) Stock

Key Points

• Newell Brands insider Kristine Kay Malkoski sold 10,850 shares on Wednesday, May 27, at an average price of $3.65, for a total of about $39,600. The filing also shows an additional sale of 900 shares at $3.66 that day.
• Shares of Newell Brands fell 2.5% to $3.57 in Thursday trading, with the stock remaining near its 12-month low of $3.07 and below its 50-day and 200-day moving averages.
• The company beat earnings expectations in its latest quarter, reporting a smaller-than-expected loss of $0.05 per share on revenue of $1.55 billion. Newell also announced a quarterly dividend of $0.07 per share, implying a 7.8% annualized yield.

Newell Brands Inc. (NASDAQ:NWL - Get Free Report) insider Kristine Kay Malkoski sold 10,850 shares of the business's stock in a transaction on Wednesday, May 27th. The stock was sold at an average price of $3.65, for a total value of $39,602.50. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

Kristine Kay Malkoski also recently made the following trade(s):

• On Wednesday, May 27th, Kristine Kay Malkoski sold 900 shares of Newell Brands stock. The stock was sold at an average price of $3.66, for a total value of $3,294.00.

Newell Brands Stock Down 2.5%

Newell Brands stock traded down $0.09 during mid-day trading on Thursday, hitting $3.57. The company had a trading volume of 7,313,653 shares, compared to its average volume of 6,032,995. Newell Brands Inc. has a 12 month low of $3.07 and a 12 month high of $6.64. The company has a market capitalization of $1.52 billion, a PE ratio of -5.33, a price-to-earnings-growth ratio of 4.42 and a beta of 1.06. The stock's 50 day moving average price is $3.85 and its two-hundred day moving average price is $3.96. The company has a current ratio of 1.04, a quick ratio of 0.51 and a debt-to-equity ratio of 1.94.

Newell Brands (NASDAQ:NWL - Get Free Report) last announced its quarterly earnings data on Friday, May 1st. The company reported ($0.05) earnings per share for the quarter, topping analysts' consensus estimates of ($0.09) by $0.04. Newell Brands had a negative net margin of 3.91% and a positive return on equity of 8.89%. The company had revenue of $1.55 billion during the quarter, compared to analyst estimates of $1.51 billion. During the same period in the previous year, the business earned ($0.01) EPS. The firm's revenue for the quarter was down 1.1% on a year-over-year basis. Newell Brands has set its FY 2026 guidance at 0.560-0.600 EPS and its Q2 2026 guidance at 0.160-0.190 EPS. As a group, sell-side analysts anticipate that Newell Brands Inc. will post 0.57 earnings per share for the current fiscal year.

Newell Brands Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, June 15th. Investors of record on Friday, May 29th will be issued a $0.07 dividend. This represents a $0.28 annualized dividend and a yield of 7.8%. The ex-dividend date is Friday, May 29th. Newell Brands's dividend payout ratio (DPR) is presently -41.79%.

Wall Street Analyst Weigh In

A number of analysts have recently commented on the stock. UBS Group lifted their price target on shares of Newell Brands from $3.75 to $4.25 and gave the stock a "neutral" rating in a research note on Monday, May 4th. Deutsche Bank Aktiengesellschaft dropped their target price on shares of Newell Brands from $5.00 to $3.00 and set a "hold" rating on the stock in a report on Monday, March 30th. Morgan Stanley downgraded Newell Brands from an "equal weight" rating to an "underweight" rating and dropped their price target for the stock from $4.00 to $3.50 in a research note on Wednesday, May 20th. Barclays cut their price objective on Newell Brands from $6.00 to $5.00 and set an "overweight" rating for the company in a report on Tuesday, April 14th. Finally, Canaccord Genuity Group upped their price objective on Newell Brands from $8.00 to $9.00 and gave the company a "buy" rating in a research report on Thursday, April 16th. Three investment analysts have rated the stock with a Buy rating, five have issued a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, Newell Brands has a consensus rating of "Hold" and an average target price of $4.94.

Hedge Funds Weigh In On Newell Brands

Institutional investors have recently bought and sold shares of the stock. Royal Bank of Canada raised its stake in shares of Newell Brands by 29.2% in the first quarter. Royal Bank of Canada now owns 775,131 shares of the company's stock worth $4,800,000 after buying an additional 175,178 shares during the period. Goldman Sachs Group Inc. lifted its position in shares of Newell Brands by 47.3% during the 1st quarter. Goldman Sachs Group Inc. now owns 563,984 shares of the company's stock valued at $3,497,000 after buying an additional 181,113 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake in Newell Brands by 13.4% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,302,018 shares of the company's stock worth $8,073,000 after acquiring an additional 153,658 shares during the period. Focus Partners Wealth lifted its holdings in Newell Brands by 47.0% during the first quarter. Focus Partners Wealth now owns 63,846 shares of the company's stock valued at $396,000 after purchasing an additional 20,406 shares in the last quarter. Finally, Intech Investment Management LLC bought a new position in shares of Newell Brands in the first quarter worth approximately $1,326,000. 92.50% of the stock is owned by institutional investors.

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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