Newell Brands (NASDAQ:NWL) Shares Down 6% – Here’s Why

Shares of Newell Brands Inc. (NASDAQ:NWL) dropped 6% during trading on Friday . The stock traded as low as $5.10 and last traded at $5.1050. 4,529,798 shares were traded during mid-day trading, a decline of 42% from the average session volume of 7,863,492 shares. The stock had previously closed at $5.43.

Analyst Ratings Changes

NWL has been the topic of a number of research analyst reports. Deutsche Bank Aktiengesellschaft dropped their target price on shares of Newell Brands from $5.00 to $3.00 and set a “hold” rating on the stock in a research note on Monday, March 30th. UBS Group lifted their price target on shares of Newell Brands from $4.25 to $4.75 and gave the stock a “neutral” rating in a report on Thursday. Citigroup reiterated a “neutral” rating on shares of Newell Brands in a research note on Tuesday. Weiss Ratings reissued a “sell (d-)” rating on shares of Newell Brands in a report on Friday, May 15th. Finally, Morgan Stanley lowered Newell Brands from an “equal weight” rating to an “underweight” rating and reduced their price objective for the company from $4.00 to $3.50 in a report on Wednesday, May 20th. Three research analysts have rated the stock with a Buy rating, four have given a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $5.12.

Newell Brands Stock Performance

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 firm has a market capitalization of $2.22 billion, a PE ratio of -7.81, a P/E/G ratio of 6.43 and a beta of 0.87. The company’s fifty day simple moving average is $4.60 and its 200 day simple moving average is $4.30.

Newell Brands (NASDAQ:NWL) last posted its earnings results on Friday, May 1st. The company reported ($0.05) earnings per share for the quarter, topping the consensus estimate of ($0.09) by $0.04. Newell Brands had a negative net margin of 3.91% and a positive return on equity of 8.89%. The firm had revenue of $1.55 billion during the quarter, compared to the consensus estimate of $1.51 billion. During the same quarter last year, the company earned ($0.01) earnings per share. The company’s revenue was down 1.1% on a year-over-year basis. 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. As a group, equities research analysts expect that Newell Brands Inc. will post 0.57 EPS for the current fiscal year.

Newell Brands Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 15th. Investors of record on Friday, May 29th were paid a $0.07 dividend. This represents a $0.28 dividend on an annualized basis and a yield of 5.4%. The ex-dividend date was Friday, May 29th. Newell Brands’s 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 value of $409,500.00. Following the completion of the transaction, 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 ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Bradford R. Turner sold 100,000 shares of Newell Brands stock in a transaction on Friday, May 22nd. The shares were sold at an average price of $3.60, for a total value of $360,000.00. Following the completion of the transaction, the insider 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 ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 202,750 shares of company stock worth $812,396. Corporate insiders own 1.64% of the company’s stock.

Institutional Trading of Newell Brands

A number of institutional investors have recently added to or reduced their stakes in NWL. Quarry LP boosted its stake in Newell Brands by 139.3% in the 4th quarter. Quarry LP now owns 7,416 shares of the company’s stock worth $28,000 after purchasing an additional 4,317 shares during the period. Summit Securities Group LLC bought a new stake in shares of Newell Brands during the fourth quarter valued at about $30,000. Citizens Financial Group Inc. RI purchased a new stake in shares of Newell Brands in the fourth quarter worth about $39,000. HighPoint Advisor Group LLC purchased a new stake in shares of Newell Brands in the fourth quarter worth about $39,000. Finally, 111 Capital bought a new position in shares of Newell Brands in the fourth quarter valued at approximately $39,000. Hedge funds and other 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.