Newell Brands (NASDAQ:NWL – Get Free Report) updated its third quarter 2026 earnings guidance on Friday morning. The company provided EPS guidance of 0.180-0.200 for the period, compared to the consensus EPS estimate of 0.200. The company issued revenue guidance of $1.8 billion-$1.9 billion, compared to the consensus revenue estimate of $1.8 billion. Newell Brands also updated its FY 2026 guidance to 0.730-0.770 EPS.
Wall Street Analyst Weigh In
Several research analysts have weighed in on NWL shares. JPMorgan Chase & Co. upped their price objective on shares of Newell Brands from $5.00 to $7.00 and gave the stock an “overweight” rating in a report on Thursday, July 16th. Barclays upped their target price on shares of Newell Brands from $5.00 to $7.00 and gave the stock an “overweight” rating in a report on Tuesday, July 21st. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Newell Brands in a research report on Friday, May 15th. Morgan Stanley downgraded Newell Brands from an “equal weight” rating to an “underweight” rating and cut their price target for the company from $4.00 to $3.50 in a research note on Wednesday, May 20th. Finally, Citigroup reissued a “neutral” rating on shares of Newell Brands in a report on Tuesday, July 14th. Three equities research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $5.38.
Newell Brands Stock Performance
Newell Brands (NASDAQ:NWL – Get Free Report) last released its quarterly earnings results on Friday, July 31st. The company reported $0.42 earnings per share for the quarter, topping the consensus estimate of $0.19 by $0.23. Newell Brands had a negative net margin of 3.91% and a positive return on equity of 8.89%. The business had revenue of $1.99 billion for the quarter, compared to analysts’ expectations of $1.98 billion. Newell Brands has set its Q3 2026 guidance at 0.180-0.200 EPS and its FY 2026 guidance at 0.730-0.770 EPS. Equities research analysts forecast that Newell Brands will post 0.57 EPS for the current fiscal year.
Newell Brands Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Monday, June 15th. Stockholders of record on Friday, May 29th were issued a $0.07 dividend. The ex-dividend date of this dividend was Friday, May 29th. This represents a $0.28 annualized dividend and a dividend yield of 5.4%. Newell Brands’s dividend payout ratio is currently -41.79%.
Insider Activity at Newell Brands
In other news, insider Melanie Arlene Huet sold 91,000 shares of the firm’s stock in a transaction on Friday, May 8th. The stock was sold at an average price of $4.50, for a total transaction of $409,500.00. Following the completion of the sale, the insider directly owned 867 shares of the company’s stock, valued at $3,901.50. This trade represents a 99.06% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, insider Bradford R. Turner sold 100,000 shares of Newell Brands stock in a transaction on Friday, May 22nd. The stock was sold at an average price of $3.60, for a total value of $360,000.00. Following the sale, the insider owned 464,449 shares in the company, valued at $1,672,016.40. The trade was a 17.72% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 202,750 shares of company stock valued at $812,396. 1.64% of the stock is owned by insiders.
Hedge Funds Weigh In On Newell Brands
Institutional investors have recently added to or reduced their stakes in the stock. Quarry LP raised its position in Newell Brands by 139.3% in the fourth quarter. Quarry LP now owns 7,416 shares of the company’s stock worth $28,000 after acquiring an additional 4,317 shares during the period. Summit Securities Group LLC bought a new position in shares of Newell Brands during the 4th quarter valued at approximately $30,000. Amundi bought a new position in shares of Newell Brands during the 4th quarter valued at approximately $39,000. Vontobel Holding Ltd. purchased a new stake in shares of Newell Brands during the 4th quarter worth approximately $40,000. Finally, Abel Hall LLC purchased a new stake in shares of Newell Brands during the 4th quarter worth approximately $42,000. Institutional investors own 92.50% of the company’s stock.
Newell Brands Company Profile
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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