Newell Brands Inc. $NWL Shares Sold by Cwm LLC

Cwm LLC decreased its holdings in shares of Newell Brands Inc. (NASDAQ:NWL) by 16.3% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 209,644 shares of the company’s stock after selling 40,742 shares during the period. Cwm LLC owned approximately 0.05% of Newell Brands worth $1,132,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in the business. Maryland State Retirement & Pension System boosted its stake in shares of Newell Brands by 1.2% during the second quarter. Maryland State Retirement & Pension System now owns 145,712 shares of the company’s stock worth $787,000 after buying an additional 1,738 shares during the period. Pingora Partners LLC boosted its stake in shares of Newell Brands by 3.1% during the first quarter. Pingora Partners LLC now owns 66,224 shares of the company’s stock worth $411,000 after buying an additional 2,000 shares during the period. Janney Montgomery Scott LLC boosted its stake in shares of Newell Brands by 4.5% during the second quarter. Janney Montgomery Scott LLC now owns 74,943 shares of the company’s stock worth $405,000 after buying an additional 3,204 shares during the period. Farther Finance Advisors LLC boosted its stake in shares of Newell Brands by 212.6% during the first quarter. Farther Finance Advisors LLC now owns 6,130 shares of the company’s stock worth $38,000 after buying an additional 4,169 shares during the period. Finally, Xponance Inc. boosted its stake in shares of Newell Brands by 21.2% during the first quarter. Xponance Inc. now owns 24,055 shares of the company’s stock worth $149,000 after buying an additional 4,204 shares during the period. Institutional investors and hedge funds own 92.50% of the company’s stock.

Newell Brands Stock Performance

NASDAQ NWL opened at $4.86 on Wednesday. The business has a 50 day moving average price of $5.52 and a 200 day moving average price of $5.42. The company has a market capitalization of $2.04 billion, a P/E ratio of -8.24 and a beta of 1.02. Newell Brands Inc. has a 1-year low of $4.22 and a 1-year high of $11.78. The company has a debt-to-equity ratio of 1.68, a current ratio of 1.12 and a quick ratio of 0.57.

Newell Brands (NASDAQ:NWL) last posted its earnings results on Friday, August 1st. The company reported $0.24 EPS for the quarter, hitting analysts’ consensus estimates of $0.24. The company had revenue of $1.94 billion for the quarter, compared to the consensus estimate of $1.95 billion. Newell Brands had a positive return on equity of 8.48% and a negative net margin of 3.29%.Newell Brands’s quarterly revenue was down 4.8% compared to the same quarter last year. During the same period in the previous year, the business earned $0.36 earnings per share. 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 expect that Newell Brands Inc. will post 0.72 EPS for the current fiscal year.

Newell Brands Announces Dividend

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

Insider Buying and Selling

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

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on the stock. Weiss Ratings restated a “sell (d-)” rating on shares of Newell Brands in a research report on Wednesday, October 8th. UBS Group raised their price objective on shares of Newell Brands from $5.00 to $5.50 and gave the company a “neutral” rating in a research report on Thursday, July 17th. Citigroup reduced their price objective on shares of Newell Brands from $6.00 to $5.50 and set a “neutral” rating for the company in a research report on Thursday, October 9th. Wells Fargo & Company raised their price objective on shares of Newell Brands from $5.00 to $6.00 and gave the company an “equal weight” rating in a research report on Wednesday, July 9th. Finally, Canaccord Genuity Group reduced their price objective on shares of Newell Brands from $11.00 to $9.00 and set a “buy” rating for the company in a research report on Monday, August 4th. Four analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, Newell Brands presently 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.