Newell Brands' (NWL) "Sell (D-)" Rating Reiterated at Weiss Ratings

Key Points

• Newell Brands has had its "sell (D-)" rating reaffirmed by Weiss Ratings, indicating ongoing concerns about the company's performance.
• Analysts have varied projections for Newell Brands' stock, with some decreasing target prices; currently, the consensus rating is "Hold" with a target price of $7.44.
• CEO Melanie Huet recently sold 8,800 shares of the company's stock, representing a 14.47% decrease in her position, which may raise questions about insider confidence.

Newell Brands (NASDAQ:NWL - Get Free Report)'s stock had its "sell (d-)" rating reiterated by analysts at Weiss Ratings in a note issued to investors on Wednesday,Weiss Ratings reports.

A number of other research firms also recently issued reports on NWL. JPMorgan Chase & Co. decreased their price target on shares of Newell Brands from $8.00 to $7.00 and set an "overweight" rating for the company in a research note on Monday, August 4th. Wells Fargo & Company increased 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 note on Wednesday, July 9th. Citigroup upped their price objective on shares of Newell Brands from $5.50 to $6.00 and gave the stock a "neutral" rating in a report on Tuesday, September 16th. Canaccord Genuity Group decreased their target price on shares of Newell Brands from $11.00 to $9.00 and set a "buy" rating for the company in a research note on Monday, August 4th. Finally, 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 research note on Thursday, July 17th. Four investment analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat, Newell Brands currently has a consensus rating of "Hold" and a consensus price target of $7.44.

Newell Brands Stock Performance

Newell Brands stock opened at $5.03 on Wednesday. The company has a market capitalization of $2.11 billion, a PE ratio of -8.53 and a beta of 1.02. The firm has a fifty day simple moving average of $5.55 and a two-hundred day simple moving average of $5.51. The company has a quick ratio of 0.57, a current ratio of 1.12 and a debt-to-equity ratio of 1.68. Newell Brands has a twelve month low of $4.22 and a twelve month high of $11.78.

Newell Brands (NASDAQ:NWL - Get Free Report) last issued its quarterly earnings data on Friday, August 1st. The company reported $0.24 EPS for the quarter, meeting the consensus estimate of $0.24. The firm had revenue of $1.94 billion during the quarter, compared to the consensus estimate of $1.95 billion. Newell Brands had a negative net margin of 3.29% and a positive return on equity of 8.48%. The company's quarterly revenue was down 4.8% compared to the same quarter last year. During the same period in the prior year, the firm posted $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. Research analysts expect that Newell Brands will post 0.72 EPS for the current year.

Insider Buying and Selling at Newell Brands

In other news, CEO Melanie Arlene Huet sold 8,800 shares of the business's stock in a transaction dated Tuesday, August 5th. The shares were sold at an average price of $5.11, for a total value of $44,968.00. Following the sale, the chief executive officer directly owned 52,007 shares in the company, valued at $265,755.77. The trade was a 14.47% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 0.71% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Newell Brands

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. GAMMA Investing LLC raised its holdings in shares of Newell Brands by 399.0% during the first quarter. GAMMA Investing LLC now owns 100,589 shares of the company's stock worth $624,000 after purchasing an additional 80,431 shares during the last quarter. NBC Securities Inc. raised its holdings in shares of Newell Brands by 146,542.9% during the first quarter. NBC Securities Inc. now owns 10,265 shares of the company's stock worth $63,000 after purchasing an additional 10,258 shares during the last quarter. Farther Finance Advisors LLC raised its holdings in shares of Newell Brands by 212.6% during the first quarter. Farther Finance Advisors LLC now owns 6,130 shares of the company's stock worth $38,000 after purchasing an additional 4,169 shares during the last quarter. Pallas Capital Advisors LLC raised its holdings in shares of Newell Brands by 146.5% during the first quarter. Pallas Capital Advisors LLC now owns 71,154 shares of the company's stock worth $441,000 after purchasing an additional 42,289 shares during the last quarter. Finally, SG Americas Securities LLC grew its position in Newell Brands by 446.4% during the first quarter. SG Americas Securities LLC now owns 120,735 shares of the company's stock valued at $749,000 after buying an additional 98,637 shares during the period. Hedge funds and other institutional investors 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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