Quantbot Technologies LP Takes Position in Newell Brands Inc. $NWL

Quantbot Technologies LP acquired a new position in shares of Newell Brands Inc. (NASDAQ:NWL) in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm acquired 130,738 shares of the company’s stock, valued at approximately $803,000.

Other hedge funds have also modified their holdings of the company. Quarry LP boosted its position in Newell Brands by 139.3% during the 4th 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 last quarter. Summit Securities Group LLC acquired a new stake in shares of Newell Brands in the fourth quarter valued at approximately $30,000. Citizens Financial Group Inc. RI bought a new stake in shares of Newell Brands in the fourth quarter worth $39,000. HighPoint Advisor Group LLC acquired a new position in Newell Brands during the fourth quarter worth $39,000. Finally, 111 Capital acquired a new position in Newell Brands during the fourth quarter worth $39,000. 92.50% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Newell Brands

In related news, insider Bradford R. Turner sold 100,000 shares of the business’s stock in a transaction that occurred on Thursday, August 6th. The stock was sold at an average price of $6.16, for a total transaction of $616,000.00. Following the transaction, the insider directly owned 433,398 shares of the company’s stock, valued at approximately $2,669,731.68. The trade was a 18.75% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 1.64% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on the stock. UBS Group lifted their price target on shares of Newell Brands from $4.75 to $5.50 and gave the company a “neutral” rating in a research note on Monday, August 3rd. Canaccord Genuity Group raised their price objective on Newell Brands from $9.00 to $11.00 and gave the company a “buy” rating in a report on Monday, August 3rd. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Newell Brands in a research report on Wednesday, August 12th. JPMorgan Chase & Co. increased their price target on Newell Brands from $5.00 to $7.00 and gave the company an “overweight” rating in a research report on Thursday, July 16th. Finally, Royal Bank Of Canada raised their price target on Newell Brands from $4.00 to $5.00 and gave the company a “sector perform” rating in a research note on Monday, August 3rd. One analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, four have assigned a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, Newell Brands presently has an average rating of “Hold” and an average price target of $6.66.

Newell Brands Stock Up 0.5%

Shares of NWL stock opened at $5.96 on Thursday. Newell Brands Inc. has a 52-week low of $3.07 and a 52-week high of $7.13. The stock has a market cap of $2.54 billion, a price-to-earnings ratio of -11.25, a PEG ratio of 1.47 and a beta of 0.88. The firm’s 50-day moving average is $5.62 and its 200-day moving average is $4.62. The company has a debt-to-equity ratio of 1.85, a quick ratio of 0.59 and a current ratio of 1.11.

Newell Brands (NASDAQ:NWL) last posted its quarterly earnings results on Friday, July 31st. The company reported $0.42 EPS for the quarter, topping analysts’ consensus estimates of $0.20 by $0.22. The business had revenue of $1.99 billion during the quarter, compared to analysts’ expectations of $1.98 billion. Newell Brands had a positive return on equity of 12.31% and a negative net margin of 3.05%.Newell Brands’s quarterly revenue was up 3.0% on a year-over-year basis. During the same quarter last year, the company posted $0.24 earnings per share. 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. Sell-side analysts predict that Newell Brands Inc. will post 0.76 EPS for the current year.

Newell Brands Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Monday, August 31st will be paid a dividend of $0.07 per share. This represents a $0.28 annualized dividend and a dividend yield of 4.7%. The ex-dividend date is Monday, August 31st. Newell Brands’s payout ratio is currently -52.83%.

Newell Brands 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.