Louisiana State Employees Retirement System Purchases Shares of 185,900 Newell Brands Inc. $NWL

Louisiana State Employees Retirement System acquired a new position in Newell Brands Inc. (NASDAQ:NWL) in the 1st quarter, HoldingsChannel reports. The firm acquired 185,900 shares of the company’s stock, valued at approximately $638,000.

A number of other large investors also recently modified their holdings of the stock. California State Teachers Retirement System raised its position in Newell Brands by 0.6% in the 2nd quarter. California State Teachers Retirement System now owns 384,848 shares of the company’s stock valued at $2,078,000 after buying an additional 2,108 shares during the last quarter. The Manufacturers Life Insurance Company boosted its holdings in Newell Brands by 2.8% during the 4th quarter. The Manufacturers Life Insurance Company now owns 78,967 shares of the company’s stock worth $294,000 after acquiring an additional 2,171 shares during the last quarter. Osaic Holdings Inc. boosted its holdings in 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 acquiring an additional 2,308 shares during the last quarter. EverSource Wealth Advisors LLC grew its stake in shares of Newell Brands by 45.6% in the 4th quarter. EverSource Wealth Advisors LLC now owns 11,275 shares of the company’s stock worth $42,000 after acquiring an additional 3,532 shares in the last quarter. Finally, PFG Investments LLC grew its stake in shares of 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 in the last quarter. Institutional investors own 92.50% of the company’s stock.

Newell Brands Stock Down 0.5%

Shares of NASDAQ NWL opened at $5.54 on Wednesday. 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 stock has a market capitalization of $2.35 billion, a PE ratio of -8.27, a P/E/G ratio of 6.84 and a beta of 0.87. Newell Brands Inc. has a one year low of $3.07 and a one year high of $6.64. The business’s fifty day moving average price is $4.46 and its 200-day moving average price is $4.22.

Newell Brands (NASDAQ:NWL) last announced its quarterly earnings data on Friday, May 1st. The company reported ($0.05) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.09) by $0.04. The business had revenue of $1.55 billion for the quarter, compared to analysts’ expectations of $1.51 billion. Newell Brands had a positive return on equity of 8.89% and a negative net margin of 3.91%.The firm’s quarterly revenue was down 1.1% compared to the same quarter last year. During the same period in the previous year, the business posted ($0.01) EPS. Newell Brands has set its FY 2026 guidance at 0.560-0.600 EPS and its Q2 2026 guidance at 0.160-0.190 EPS. On average, equities research analysts anticipate that Newell Brands Inc. will post 0.57 EPS for the current year.

Newell Brands Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, June 15th. Investors of record on Friday, May 29th were paid a dividend of $0.07 per share. This represents a $0.28 dividend on an annualized basis and a dividend yield of 5.1%. The ex-dividend date was Friday, May 29th. Newell Brands’s dividend payout ratio is presently -41.79%.

Insider Activity at Newell Brands

In other Newell Brands news, insider Melanie Arlene Huet sold 91,000 shares of the business’s stock in a transaction on Friday, May 8th. The shares were sold at an average price of $4.50, for a total transaction of $409,500.00. Following the sale, the insider owned 867 shares of the company’s stock, valued at $3,901.50. The trade was a 99.06% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Bradford R. Turner sold 100,000 shares of the 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 approximately $1,672,016.40. This represents a 17.72% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 202,750 shares of company stock worth $812,396. 1.64% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on NWL. Royal Bank Of Canada set a $4.00 price target on shares of Newell Brands in a research report on Thursday, April 9th. UBS Group upped their price objective on shares of Newell Brands from $3.75 to $4.25 and gave the stock a “neutral” rating in a research report on Monday, May 4th. Citigroup increased their price objective on shares of Newell Brands from $4.00 to $4.75 and gave the company a “neutral” rating in a research note on Monday, May 4th. Weiss Ratings restated a “sell (d-)” rating on shares of Newell Brands in a research note on Friday, May 15th. Finally, Deutsche Bank Aktiengesellschaft reduced their target price on Newell Brands from $5.00 to $3.00 and set a “hold” rating for the company in a report on Monday, March 30th. Three research analysts have rated the stock with a Buy rating, five have given a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $4.94.

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.