Vanguard Personalized Indexing Management LLC Sells 4,981 Shares of Newell Brands Inc. $NWL

Vanguard Personalized Indexing Management LLC cut its stake in shares of Newell Brands Inc. (NASDAQ:NWL) by 18.0% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 22,703 shares of the company’s stock after selling 4,981 shares during the period. Vanguard Personalized Indexing Management LLC’s holdings in Newell Brands were worth $123,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Parallel Advisors LLC lifted its holdings in Newell Brands by 194.3% in the second quarter. Parallel Advisors LLC now owns 8,067 shares of the company’s stock valued at $44,000 after acquiring an additional 5,326 shares during the period. HB Wealth Management LLC purchased a new position in shares of Newell Brands in the second quarter worth approximately $55,000. OMNI 360 Wealth Inc. purchased a new stake in Newell Brands during the second quarter valued at approximately $58,000. Vident Advisory LLC bought a new position in Newell Brands in the first quarter worth approximately $66,000. Finally, Atria Wealth Solutions Inc. purchased a new position in Newell Brands during the first quarter valued at $69,000. 92.50% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In related news, CEO Melanie Arlene Huet sold 8,800 shares of the stock in a transaction dated Tuesday, August 5th. The shares were sold at an average price of $5.11, for a total value of $44,968.00. Following the completion of the transaction, 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 position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 0.71% of the company’s stock.

Newell Brands Stock Performance

NASDAQ NWL opened at $4.98 on Monday. 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 Inc. has a 1-year low of $4.22 and a 1-year high of $11.78. The business has a 50 day simple moving average of $5.50 and a two-hundred day simple moving average of $5.43. The stock has a market capitalization of $2.09 billion, a PE ratio of -8.44 and a beta of 1.02.

Newell Brands (NASDAQ:NWL) last posted its earnings results on Friday, August 1st. The company reported $0.24 EPS for the quarter, meeting analysts’ consensus estimates 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 in the prior year, the company earned $0.36 EPS. The company’s quarterly revenue was down 4.8% compared to the same quarter last year. Newell Brands has set its FY 2025 guidance at 0.660-0.70 EPS. Q3 2025 guidance at 0.160-0.19 EPS. On average, research analysts predict that Newell Brands Inc. will post 0.72 EPS for the current fiscal year.

Newell Brands Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, September 15th. Stockholders of record on Friday, August 29th were given a dividend of $0.07 per share. This represents a $0.28 annualized dividend and a dividend yield of 5.6%. The ex-dividend date was Friday, August 29th. Newell Brands’s dividend payout ratio is currently -47.46%.

Analysts Set New Price Targets

Several research analysts have recently commented on NWL shares. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Newell Brands in a research note on Saturday. 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 lowered their price objective on Newell Brands from $6.00 to $5.50 and set a “neutral” rating on the stock in a research report on Thursday, October 9th. Wells Fargo & Company increased their target price on Newell Brands from $5.00 to $6.00 and gave the stock an “equal weight” rating in a research report on Wednesday, July 9th. Finally, JPMorgan Chase & Co. lowered their price target on Newell Brands from $7.00 to $6.00 and set an “overweight” rating on the stock in a report on Thursday. Four analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $7.25.

About Newell Brands

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.