Analysts Set Newell Brands Inc. (NASDAQ:NWL) Target Price at $7.44

Key Points

• Newell Brands Inc. has an average rating of "Moderate Buy" from eight brokerages, with a price target averaging $7.44.
• The company reported an EPS of $0.24 for the last quarter, meeting analyst expectations, but revenue dropped 4.8% year-over-year.
• A dividend of $0.07 per share will be paid on September 15th, yielding 4.4% annually, despite a negative payout ratio of -47.46%.

Shares of Newell Brands Inc. (NASDAQ:NWL - Get Free Report) have been given an average recommendation of "Moderate Buy" by the eight brokerages that are covering the firm, Marketbeat reports. Four equities research analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average 12 month target price among brokerages that have issued a report on the stock in the last year is $7.4375.

A number of research firms recently commented on NWL. Wells Fargo & Company raised their price target on shares of Newell Brands from $5.00 to $6.00 and gave the stock an "equal weight" rating in a research report on Wednesday, July 9th. UBS Group raised their target price on shares of Newell Brands from $5.00 to $5.50 and gave the company a "neutral" rating in a report on Thursday, July 17th. JPMorgan Chase & Co. decreased their target price on shares of Newell Brands from $8.00 to $7.00 and set an "overweight" rating on the stock in a report on Monday, August 4th. Citigroup reissued a "neutral" rating and issued a $6.00 target price (up from $5.00) on shares of Newell Brands in a report on Tuesday, July 15th. Finally, Canaccord Genuity Group decreased their target price on shares of Newell Brands from $11.00 to $9.00 and set a "buy" rating on the stock in a report on Monday, August 4th.

Insider Buying and Selling

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

Institutional Trading of Newell Brands

Several hedge funds have recently modified their holdings of NWL. Maryland State Retirement & Pension System grew its holdings in shares of Newell Brands by 1.2% in the second quarter. Maryland State Retirement & Pension System now owns 145,712 shares of the company's stock worth $787,000 after purchasing an additional 1,738 shares during the last quarter. Uhlmann Price Securities LLC lifted its position in Newell Brands by 0.9% during the second quarter. Uhlmann Price Securities LLC now owns 229,198 shares of the company's stock valued at $1,238,000 after buying an additional 1,955 shares during the period. Pingora Partners LLC raised its position in shares of Newell Brands by 3.1% in the 1st quarter. Pingora Partners LLC now owns 66,224 shares of the company's stock worth $411,000 after purchasing an additional 2,000 shares during the last quarter. California State Teachers Retirement System raised its position in shares of Newell Brands by 0.6% in the 2nd quarter. California State Teachers Retirement System now owns 384,848 shares of the company's stock worth $2,078,000 after purchasing an additional 2,108 shares during the last quarter. Finally, Osaic Holdings Inc. raised its position in shares of Newell Brands by 19.6% in the 2nd quarter. Osaic Holdings Inc. now owns 14,104 shares of the company's stock worth $76,000 after purchasing an additional 2,308 shares during the last quarter. Institutional investors own 92.50% of the company's stock.

Newell Brands Stock Performance

NASDAQ:NWL traded down $0.17 during mid-day trading on Tuesday, reaching $5.92. 5,979,776 shares of the company's stock were exchanged, compared to its average volume of 7,255,547. Newell Brands has a one year low of $4.22 and a one year high of $11.78. The firm has a market capitalization of $2.48 billion, a PE ratio of -10.03 and a beta of 0.99. The business's fifty day simple moving average is $5.71 and its two-hundred day simple moving average is $5.64. The company has a debt-to-equity ratio of 1.68, a quick ratio of 0.57 and a current ratio of 1.12.

Newell Brands (NASDAQ:NWL - Get Free Report) last released its quarterly earnings results on Friday, August 1st. The company reported $0.24 EPS for the quarter, hitting analysts' consensus estimates of $0.24. Newell Brands had a negative net margin of 3.29% and a positive return on equity of 8.48%. The business had revenue of $1.94 billion for the quarter, compared to analyst estimates of $1.95 billion. During the same period last year, the firm earned $0.36 earnings per share. Newell Brands's revenue for the quarter was down 4.8% compared to the same quarter last year. Newell Brands has set its FY 2025 guidance at 0.660-0.70 EPS. Q3 2025 guidance at 0.160-0.19 EPS. Analysts anticipate that Newell Brands will post 0.72 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 Monday, September 15th. Stockholders of record on Friday, August 29th will be paid a $0.07 dividend. This represents a $0.28 dividend on an annualized basis and a dividend yield of 4.7%. The ex-dividend date is Friday, August 29th. Newell Brands's dividend payout ratio (DPR) is presently -47.46%.

Newell Brands Company 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.