Newell Brands Inc. (NASDAQ:NWL) Given Consensus Recommendation of "Hold" by Analysts

Key Points

• Newell Brands Inc. has received a consensus recommendation of "Hold" from nine analysts, with one sell, four hold, and four buy ratings.
• The average target price for Newell Brands stock is $7.4375, despite recent price target adjustments from various analysts.
• Newell Brands announced a $0.07 quarterly dividend and reported a revenue decline of 4.8% year-over-year in its latest earnings report.

Newell Brands Inc. (NASDAQ:NWL - Get Free Report) has earned an average rating of "Hold" from the nine brokerages that are currently covering the stock, MarketBeat reports. One investment analyst has rated the stock with a sell recommendation, four have issued a hold recommendation and four have given a buy recommendation to the company. The average 12-month target price among brokers that have updated their coverage on the stock in the last year is $7.4375.

A number of equities research analysts have issued reports on NWL shares. JPMorgan Chase & Co. lowered their price target 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. UBS Group boosted their price target on Newell Brands from $5.00 to $5.50 and gave the company a "neutral" rating in a research report on Thursday, July 17th. Wells Fargo & Company upped their target price on Newell Brands from $5.00 to $6.00 and gave the stock an "equal weight" rating in a research report on Wednesday, July 9th. Canaccord Genuity Group cut their price target on Newell Brands from $11.00 to $9.00 and set a "buy" rating on the stock in a research note on Monday, August 4th. Finally, Citigroup boosted their price target on Newell Brands from $5.50 to $6.00 and gave the stock a "neutral" rating in a research note on Tuesday, September 16th.

Newell Brands Stock Performance

Shares of NWL stock opened at $5.39 on Friday. The stock has a fifty day moving average price of $5.60 and a 200 day moving average price of $5.54. The stock has a market cap of $2.26 billion, a PE ratio of -9.14 and a beta of 1.02. Newell Brands 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 quick ratio of 0.57 and a current ratio of 1.12.

Newell Brands (NASDAQ:NWL - Get Free Report) last announced its quarterly earnings data on Friday, August 1st. The company reported $0.24 EPS for the quarter, meeting 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 business's revenue for the quarter was down 4.8% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.36 earnings per share. Newell Brands has set its FY 2025 guidance at 0.660-0.70 EPS. Q3 2025 guidance at 0.160-0.19 EPS. Sell-side analysts forecast that Newell Brands will post 0.72 earnings per share for the current fiscal year.

Newell Brands Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, September 15th. Investors of record on Friday, August 29th were given a $0.07 dividend. This represents a $0.28 annualized dividend and a yield of 5.2%. The ex-dividend date was Friday, August 29th. Newell Brands's dividend payout ratio (DPR) is currently -47.46%.

Insider Transactions at Newell Brands

In other Newell Brands news, CEO Melanie Arlene Huet sold 8,800 shares of the stock in a transaction on Tuesday, August 5th. The stock was sold at an average price of $5.11, for a total transaction of $44,968.00. Following the completion of the transaction, the chief executive officer directly owned 52,007 shares of the company's stock, valued at approximately $265,755.77. This trade represents a 14.47% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 0.71% of the company's stock.

Institutional Trading of Newell Brands

Several hedge funds and other institutional investors have recently modified their holdings of NWL. Cooper Creek Partners Management LLC boosted its position in shares of Newell Brands by 48.8% in the second quarter. Cooper Creek Partners Management LLC now owns 25,985,548 shares of the company's stock worth $140,322,000 after buying an additional 8,526,698 shares during the period. AQR Capital Management LLC boosted its position in shares of Newell Brands by 401.2% in the first quarter. AQR Capital Management LLC now owns 10,588,136 shares of the company's stock worth $65,382,000 after buying an additional 8,475,385 shares during the period. Massachusetts Financial Services Co. MA boosted its position in shares of Newell Brands by 25.8% in the first quarter. Massachusetts Financial Services Co. MA now owns 20,846,692 shares of the company's stock worth $129,249,000 after buying an additional 4,273,541 shares during the period. Norges Bank acquired a new stake in shares of Newell Brands in the second quarter worth $20,196,000. Finally, Bridgeway Capital Management LLC acquired a new stake in shares of Newell Brands in the second quarter worth $12,973,000. Institutional investors and hedge funds own 92.50% of the company's stock.

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.

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