M&T Bank Corp Increases Holdings in Newell Brands Inc. $NWL

M&T Bank Corp grew its holdings in shares of Newell Brands Inc. (NASDAQ:NWL) by 2,437.3% in the 4th quarter, HoldingsChannel reports. The firm owned 338,051 shares of the company’s stock after acquiring an additional 324,728 shares during the quarter. M&T Bank Corp’s holdings in Newell Brands were worth $1,258,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently made changes to their positions in the business. California State Teachers Retirement System increased its position in shares of Newell Brands by 0.6% during the 2nd quarter. California State Teachers Retirement System now owns 384,848 shares of the company’s stock valued at $2,078,000 after purchasing an additional 2,108 shares during the last quarter. Osaic Holdings Inc. increased its position in shares of Newell Brands by 19.6% during the 2nd quarter. Osaic Holdings Inc. now owns 14,104 shares of the company’s stock valued at $76,000 after purchasing an additional 2,308 shares during the last quarter. Illinois Municipal Retirement Fund increased its position in shares of Newell Brands by 1.7% during the 3rd quarter. Illinois Municipal Retirement Fund now owns 213,173 shares of the company’s stock valued at $1,117,000 after purchasing an additional 3,501 shares during the last quarter. PFG Investments LLC increased its holdings in Newell Brands by 15.8% in the 4th quarter. PFG Investments LLC now owns 26,596 shares of the company’s stock worth $99,000 after acquiring an additional 3,634 shares during the last quarter. Finally, State of Alaska Department of Revenue increased its holdings in Newell Brands by 1.6% in the 4th quarter. State of Alaska Department of Revenue now owns 239,236 shares of the company’s stock worth $889,000 after acquiring an additional 3,667 shares during the last quarter. 92.50% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on NWL shares. Deutsche Bank Aktiengesellschaft decreased their price objective on Newell Brands from $5.00 to $3.00 and set a “hold” rating for the company in a report on Monday, March 30th. Barclays decreased 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. Canaccord Genuity Group lifted their price objective on Newell Brands from $8.00 to $9.00 and gave the stock a “buy” rating in a report on Thursday, April 16th. Morgan Stanley lifted their price objective on Newell Brands from $4.25 to $4.50 and gave the stock an “equal weight” rating in a report on Tuesday, February 10th. Finally, UBS Group decreased their price objective on Newell Brands from $5.00 to $3.75 and set a “neutral” rating for the company in a report on Tuesday, April 7th. Three analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $4.92.

Newell Brands Stock Performance

Shares of NWL opened at $3.94 on Thursday. The company has a market cap of $1.67 billion, a PE ratio of -5.79 and a beta of 0.97. The company has a current ratio of 1.07, a quick ratio of 0.57 and a debt-to-equity ratio of 1.90. The stock has a 50-day moving average price of $4.02 and a 200-day moving average price of $4.03. Newell Brands Inc. has a 12-month low of $3.07 and a 12-month high of $6.64.

Newell Brands (NASDAQ:NWL) last issued its quarterly earnings results on Friday, February 6th. The company reported $0.18 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.18. The firm had revenue of $1.90 billion during the quarter, compared to the consensus estimate of $1.88 billion. Newell Brands had a positive return on equity of 9.17% and a negative net margin of 3.96%.The company’s revenue for the quarter was down 2.7% on a year-over-year basis. During the same quarter last year, the company posted $0.16 EPS. Newell Brands has set its Q1 2026 guidance at -0.120–0.080 EPS. As a group, equities analysts forecast that Newell Brands Inc. will post 0.56 earnings per share for the current fiscal year.

Newell Brands Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, March 13th. Stockholders of record on Friday, February 27th were given a dividend of $0.07 per share. This represents a $0.28 dividend on an annualized basis and a dividend yield of 7.1%. The ex-dividend date was Friday, February 27th. Newell Brands’s dividend payout ratio (DPR) is -41.18%.

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.