Empowered Funds LLC Lowers Holdings in Newell Brands Inc. $NWL

Empowered Funds LLC trimmed its stake in shares of Newell Brands Inc. (NASDAQ:NWL) by 7.4% during the 1st quarter, Holdings Channel reports. The fund owned 1,537,283 shares of the company’s stock after selling 123,397 shares during the quarter. Empowered Funds LLC’s holdings in Newell Brands were worth $5,273,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of the stock. California State Teachers Retirement System lifted its holdings in Newell Brands by 0.6% in the second quarter. California State Teachers Retirement System now owns 384,848 shares of the company’s stock valued at $2,078,000 after acquiring an additional 2,108 shares during the period. The Manufacturers Life Insurance Company boosted its position in Newell Brands by 2.8% in the 4th quarter. The Manufacturers Life Insurance Company now owns 78,967 shares of the company’s stock worth $294,000 after purchasing an additional 2,171 shares in the last quarter. Osaic Holdings Inc. grew its stake 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 worth $76,000 after purchasing an additional 2,308 shares during the period. Pinnacle Wealth Management Advisory Group LLC grew its stake in shares of Newell Brands by 14.1% during the 1st quarter. Pinnacle Wealth Management Advisory Group LLC now owns 19,898 shares of the company’s stock worth $68,000 after purchasing an additional 2,456 shares during the period. Finally, Parallel Advisors LLC increased its holdings in shares of Newell Brands by 13.3% during the 1st quarter. Parallel Advisors LLC now owns 23,881 shares of the company’s stock valued at $82,000 after purchasing an additional 2,795 shares in the last quarter. 92.50% of the stock is currently owned by hedge funds and other institutional investors.

Newell Brands Trading Up 8.9%

Shares of NASDAQ:NWL opened at $5.60 on Friday. Newell Brands Inc. has a 1 year low of $3.07 and a 1 year high of $7.13. The firm has a market capitalization of $2.38 billion, a price-to-earnings ratio of -10.57, a price-to-earnings-growth ratio of 6.86 and a beta of 0.87. The company has a debt-to-equity ratio of 1.94, a current ratio of 1.04 and a quick ratio of 0.51. The business’s 50 day moving average price is $4.88 and its 200-day moving average price is $4.40.

Newell Brands (NASDAQ:NWL) last released its quarterly earnings results on Friday, July 31st. The company reported $0.42 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.20 by $0.22. The firm had revenue of $1.99 billion for the quarter, compared to analysts’ expectations of $1.98 billion. Newell Brands had a negative net margin of 3.91% and a positive return on equity of 8.89%. The firm’s revenue for the quarter was up 3.0% compared to the same quarter last year. During the same quarter last year, the company earned $0.24 EPS. 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. On average, equities research analysts forecast that Newell Brands Inc. will post 0.57 earnings per share for the current fiscal year.

Newell Brands Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, June 15th. Stockholders of record on Friday, May 29th were paid a dividend of $0.07 per share. The ex-dividend date of this dividend was Friday, May 29th. This represents a $0.28 dividend on an annualized basis and a dividend yield of 5.0%. Newell Brands’s payout ratio is currently -41.79%.

Newell Brands News Summary

Here are the key news stories impacting Newell Brands this week:

• Positive Sentiment: Q2 earnings beat expectations: Newell reported adjusted earnings of $0.42 per share, well above the $0.19 analyst consensus and up from $0.24 a year earlier. Revenue rose 3% year over year to $1.99 billion, slightly exceeding estimates. Newell Brands Q2 earnings and revenues top estimates
• Positive Sentiment: Profitability benefited from multiple factors: Sales growth, margin expansion and recoveries related to tariffs supported the earnings outperformance. Management said both net sales and core sales returned to year-over-year growth, aided by product innovation and increased advertising and promotional support. Newell Brands Q2 earnings beat on sales growth and tariff recoveries
• Positive Sentiment: Full-year outlook was raised: Newell increased its 2026 normalized EPS forecast to $0.73-$0.77 from $0.56-$0.60 previously, above the roughly $0.57 analyst consensus. Full-year revenue guidance remained near $7.3 billion. Newell Brands lifts full-year profit view
• Neutral Sentiment: Analyst stance remains cautious: Newell retains a consensus “Hold” rating, suggesting investors may want additional evidence that the improved results can be sustained.
• Neutral Sentiment: Unusually high options activity indicates elevated investor interest and potential volatility following the earnings release, but does not establish a clear directional signal.
• Negative Sentiment: Q3 guidance was mixed: The company forecast adjusted EPS of $0.18-$0.20, with the midpoint roughly in line with consensus but the range extending below estimates. Revenue guidance of $1.8-$1.9 billion also suggests limited near-term growth momentum.

Wall Street Analyst Weigh In

Several research firms recently issued reports on NWL. Morgan Stanley cut shares of Newell Brands from an “equal weight” rating to an “underweight” rating and decreased their target price for the company from $4.00 to $3.50 in a research note on Wednesday, May 20th. Wall Street Zen upgraded shares of Newell Brands from a “hold” rating to a “buy” rating in a research report on Saturday. UBS Group lifted their price objective on shares of Newell Brands from $4.25 to $4.75 and gave the company a “neutral” rating in a report on Thursday, July 16th. Canaccord Genuity Group upped their price objective on shares of Newell Brands from $8.00 to $9.00 and gave the stock a “buy” rating in a research report on Thursday, April 16th. Finally, Royal Bank Of Canada set a $4.00 target price on shares of Newell Brands in a research note on Thursday, April 9th. Three research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $5.38.

Insider Transactions at Newell Brands

In related news, insider Bradford R. Turner sold 100,000 shares of the firm’s stock in a transaction dated Friday, May 22nd. The shares were sold at an average price of $3.60, for a total value of $360,000.00. Following the transaction, the insider directly owned 464,449 shares of the company’s stock, valued at approximately $1,672,016.40. This trade represents a 17.72% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider Melanie Arlene Huet sold 91,000 shares of Newell Brands stock in a transaction dated Friday, May 8th. The stock was sold at an average price of $4.50, for a total value of $409,500.00. Following the completion of the sale, the insider owned 867 shares in the company, valued at approximately $3,901.50. The trade was a 99.06% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 202,750 shares of company stock valued at $812,396 over the last 90 days. Corporate insiders own 1.64% of the company’s stock.

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.