RBF Capital LLC Sells 200,000 Shares of Newell Brands Inc. $NWL

RBF Capital LLC reduced its stake in Newell Brands Inc. (NASDAQ:NWL) by 18.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 860,000 shares of the company’s stock after selling 200,000 shares during the period. RBF Capital LLC’s holdings in Newell Brands were worth $3,199,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of NWL. Rubric Capital Management LP bought a new position in Newell Brands in the third quarter worth about $68,120,000. Candlestick Capital Management LP bought a new position in Newell Brands in the third quarter worth about $31,786,000. Squarepoint Ops LLC raised its stake in Newell Brands by 1,568.3% in the third quarter. Squarepoint Ops LLC now owns 3,795,058 shares of the company’s stock worth $19,886,000 after buying an additional 3,567,581 shares in the last quarter. Pzena Investment Management LLC raised its stake in Newell Brands by 5.0% in the fourth quarter. Pzena Investment Management LLC now owns 50,019,553 shares of the company’s stock worth $186,073,000 after buying an additional 2,375,782 shares in the last quarter. Finally, Norges Bank bought a new position in Newell Brands in the fourth quarter worth about $6,696,000. 92.50% of the stock is owned by institutional investors.

Insider Activity

In other news, insider Melanie Arlene Huet sold 91,000 shares of the stock in a transaction that occurred 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 in the company, valued at $3,901.50. This represents a 99.06% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Kristine Kay Malkoski sold 10,850 shares of the stock in a transaction that occurred on Wednesday, May 27th. The shares were sold at an average price of $3.65, for a total transaction of $39,602.50. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 202,750 shares of company stock worth $812,397 over the last 90 days. 1.64% of the stock is currently owned by insiders.

Newell Brands Trading Down 0.4%

NASDAQ:NWL opened at $4.74 on Wednesday. The company’s 50 day moving average price is $4.00 and its 200-day moving average price is $4.03. Newell Brands Inc. has a 52 week low of $3.07 and a 52 week high of $6.64. The company has a quick ratio of 0.51, a current ratio of 1.04 and a debt-to-equity ratio of 1.94. The stock has a market cap of $2.01 billion, a price-to-earnings ratio of -7.07, a PEG ratio of 5.85 and a beta of 1.01.

Newell Brands (NASDAQ:NWL) last posted its quarterly earnings results on Friday, May 1st. The company reported ($0.05) EPS for the quarter, beating analysts’ consensus estimates 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 for the quarter, compared to analysts’ expectations of $1.51 billion. During the same quarter in the prior year, the company posted ($0.01) earnings per share. The business’s revenue for the quarter 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. 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 company also recently declared a quarterly dividend, which was paid on Monday, June 15th. Stockholders of record on Friday, May 29th were issued a dividend of $0.07 per share. The ex-dividend date was Friday, May 29th. This represents a $0.28 dividend on an annualized basis and a dividend yield of 5.9%. Newell Brands’s dividend payout ratio is presently -41.79%.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on the stock. Canaccord Genuity Group increased their price target on shares of Newell Brands from $8.00 to $9.00 and gave the stock a “buy” rating in a research note on Thursday, April 16th. Weiss Ratings reissued a “sell (d-)” rating on shares of Newell Brands in a research note on Friday, May 15th. Royal Bank Of Canada set a $4.00 price target on shares of Newell Brands in a research note on Thursday, April 9th. Morgan Stanley downgraded shares of Newell Brands from an “equal weight” rating to an “underweight” rating and decreased their price target for the stock from $4.00 to $3.50 in a research note on Wednesday, May 20th. Finally, Barclays decreased their price target on shares of Newell Brands from $6.00 to $5.00 and set an “overweight” rating for the company in a research note on Tuesday, April 14th. Three analysts have rated the stock with a Buy rating, five have issued a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat, Newell Brands currently has a consensus rating of “Hold” and a consensus price target of $4.94.

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.