Newell Brands (NASDAQ:NWL) Given New $3.00 Price Target at Deutsche Bank Aktiengesellschaft

Newell Brands (NASDAQ:NWL) had its target price decreased by Deutsche Bank Aktiengesellschaft from $5.00 to $3.00 in a report released on Monday morning,Benzinga reports. Deutsche Bank Aktiengesellschaft currently has a hold rating on the stock.

Several other research analysts also recently weighed in on the stock. Morgan Stanley upped their target price on shares of Newell Brands from $4.25 to $4.50 and gave the stock an “equal weight” rating in a report on Tuesday, February 10th. Citigroup raised their price target on Newell Brands from $4.25 to $5.00 and gave the company a “neutral” rating in a report on Monday, February 9th. UBS Group restated a “neutral” rating and issued a $5.00 price objective on shares of Newell Brands in a research report on Monday, February 9th. Canaccord Genuity Group upped their price objective on Newell Brands from $7.00 to $8.00 and gave the stock a “buy” rating in a research note on Monday, January 26th. Finally, Weiss Ratings reiterated a “sell (d)” rating on shares of Newell Brands in a research report on Monday, December 29th. Four research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $5.80.

Newell Brands Trading Down 2.9%

Newell Brands stock opened at $3.30 on Monday. The firm has a 50 day moving average of $4.25 and a 200 day moving average of $4.24. The firm has a market capitalization of $1.40 billion, a price-to-earnings ratio of -4.85 and a beta of 0.91. Newell Brands has a 12-month low of $3.07 and a 12-month high of $6.64. The company has a current ratio of 1.07, a quick ratio of 0.57 and a debt-to-equity ratio of 1.90.

Newell Brands (NASDAQ:NWL) last released its earnings results on Friday, February 6th. The company reported $0.18 EPS for the quarter, hitting analysts’ consensus estimates of $0.18. The company had revenue of $1.90 billion for the quarter, compared to analysts’ expectations of $1.88 billion. Newell Brands had a negative net margin of 3.96% and a positive return on equity of 9.17%. The firm’s revenue was down 2.7% compared to the same quarter last year. During the same quarter last year, the business earned $0.16 EPS. Newell Brands has set its Q1 2026 guidance at -0.120–0.080 EPS. As a group, research analysts predict that Newell Brands will post 0.72 earnings per share for the current year.

Newell Brands Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 13th. Shareholders of record on Friday, February 27th were issued a dividend of $0.07 per share. This represents a $0.28 annualized dividend and a dividend yield of 8.5%. The ex-dividend date of this dividend was Friday, February 27th. Newell Brands’s dividend payout ratio is -41.18%.

Institutional Investors Weigh In On Newell Brands

Several large investors have recently made changes to their positions in the company. AQR Capital Management LLC boosted its stake in Newell Brands by 197.8% during the fourth quarter. AQR Capital Management LLC now owns 21,166,902 shares of the company’s stock valued at $78,741,000 after buying an additional 14,059,209 shares during the last quarter. Rubric Capital Management LP bought a new stake in Newell Brands in the 3rd quarter worth approximately $68,120,000. Cooper Creek Partners Management LLC increased its stake in Newell Brands by 48.8% in the 2nd quarter. Cooper Creek Partners Management LLC now owns 25,985,548 shares of the company’s stock worth $140,322,000 after acquiring an additional 8,526,698 shares during the last quarter. Candlestick Capital Management LP purchased a new stake in shares of Newell Brands during the 3rd quarter worth approximately $31,786,000. Finally, Norges Bank purchased a new stake in shares of Newell Brands during the 2nd quarter worth approximately $20,196,000. 92.50% of the stock is owned by institutional investors.

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.