Newell Brands Inc. $NWL Shares Purchased by Janney Montgomery Scott LLC

Janney Montgomery Scott LLC boosted its holdings in Newell Brands Inc. (NASDAQ:NWL) by 4.5% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 74,943 shares of the company’s stock after purchasing an additional 3,204 shares during the quarter. Janney Montgomery Scott LLC’s holdings in Newell Brands were worth $405,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in NWL. AQR Capital Management LLC boosted its holdings in Newell Brands by 401.2% in the first quarter. AQR Capital Management LLC now owns 10,588,136 shares of the company’s stock valued at $65,382,000 after purchasing an additional 8,475,385 shares in the last quarter. Massachusetts Financial Services Co. MA boosted its holdings in Newell Brands by 25.8% in the first quarter. Massachusetts Financial Services Co. MA now owns 20,846,692 shares of the company’s stock valued at $129,249,000 after purchasing an additional 4,273,541 shares in the last quarter. Dimensional Fund Advisors LP boosted its holdings in Newell Brands by 12.9% in the first quarter. Dimensional Fund Advisors LP now owns 20,426,137 shares of the company’s stock valued at $126,646,000 after purchasing an additional 2,336,840 shares in the last quarter. Financial Sense Advisors Inc. acquired a new position in Newell Brands in the first quarter valued at approximately $10,187,000. Finally, Brandywine Global Investment Management LLC acquired a new position in Newell Brands in the first quarter valued at approximately $9,404,000. 92.50% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Newell Brands news, CEO Melanie Arlene Huet sold 8,800 shares of the firm’s stock in a transaction on Tuesday, August 5th. The stock was sold at an average price of $5.11, for a total value of $44,968.00. Following the completion of the sale, the chief executive officer owned 52,007 shares of the company’s stock, valued at approximately $265,755.77. This trade represents a 14.47% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 0.71% of the company’s stock.

Newell Brands Price Performance

Shares of NASDAQ NWL opened at $4.85 on Friday. The company has a debt-to-equity ratio of 1.68, a current ratio of 1.12 and a quick ratio of 0.57. The stock has a fifty day moving average price of $5.52 and a 200 day moving average price of $5.43. Newell Brands Inc. has a 1-year low of $4.22 and a 1-year high of $11.78. The company has a market cap of $2.03 billion, a PE ratio of -8.22 and a beta of 1.02.

Newell Brands (NASDAQ:NWL) last issued its quarterly earnings results on Friday, August 1st. The company reported $0.24 earnings per share for the quarter, hitting the consensus estimate of $0.24. Newell Brands had a positive return on equity of 8.48% and a negative net margin of 3.29%.The firm had revenue of $1.94 billion during the quarter, compared to the consensus estimate of $1.95 billion. During the same period last year, the company earned $0.36 earnings per share. The company’s revenue for the quarter was down 4.8% on a year-over-year basis. Newell Brands has set its FY 2025 guidance at 0.660-0.70 EPS. Q3 2025 guidance at 0.160-0.19 EPS. Sell-side analysts forecast that Newell Brands Inc. will post 0.72 EPS for the current year.

Newell Brands Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, September 15th. Shareholders of record on Friday, August 29th were issued a $0.07 dividend. The ex-dividend date of this dividend was Friday, August 29th. This represents a $0.28 dividend on an annualized basis and a yield of 5.8%. Newell Brands’s dividend payout ratio (DPR) is -47.46%.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on the company. Citigroup decreased their price objective on Newell Brands from $6.00 to $5.50 and set a “neutral” rating for the company in a report on Thursday, October 9th. JPMorgan Chase & Co. decreased their price objective on Newell Brands from $8.00 to $7.00 and set an “overweight” rating for the company in a report on Monday, August 4th. UBS Group increased their price objective on Newell Brands from $5.00 to $5.50 and gave the company a “neutral” rating in a report on Thursday, July 17th. Canaccord Genuity Group decreased their price objective on Newell Brands from $11.00 to $9.00 and set a “buy” rating for the company in a report on Monday, August 4th. Finally, Wells Fargo & Company increased their price objective on Newell Brands from $5.00 to $6.00 and gave the company an “equal weight” rating in a report on Wednesday, July 9th. Four research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $7.38.

Newell Brands Company Profile

Newell Brands Inc engages in the design, manufacture, sourcing, and distribution of consumer and commercial products worldwide. The company operates in three segments: Home and Commercial Solutions, Learning and Development, and Outdoor and Recreation. The Commercial Solutions segment provides commercial cleaning and maintenance solution products under the Rubbermaid, Rubbermaid Commercial Products, Mapa, and Spontex brands; closet and garage organization products; hygiene systems and material handling solutions; household products, such as kitchen appliances under the Crockpot, Mr.