Newell Brands (NASDAQ:NWL – Free Report) had its target price lowered by UBS Group from $5.00 to $3.75 in a report issued on Tuesday morning,Benzinga reports. The brokerage currently has a neutral rating on the stock.
Other equities analysts have also recently issued research reports about the stock. Canaccord Genuity Group increased their price objective on shares of Newell Brands from $7.00 to $8.00 and gave the company a “buy” rating in a research note on Monday, January 26th. Morgan Stanley lifted their price target on shares of Newell Brands from $4.25 to $4.50 and gave the company an “equal weight” rating in a report on Tuesday, February 10th. Citigroup lifted their price target on shares of Newell Brands from $4.25 to $5.00 and gave the company a “neutral” rating in a report on Monday, February 9th. Deutsche Bank Aktiengesellschaft cut their price target on shares of Newell Brands from $5.00 to $3.00 and set a “hold” rating for the company in a report on Monday, March 30th. Finally, Weiss Ratings reissued a “sell (d)” rating on shares of Newell Brands in a 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 given a Sell rating to the company’s stock. Based on data from MarketBeat, Newell Brands has an average rating of “Hold” and an average target price of $5.68.
Check Out Our Latest Stock Report on Newell Brands
Newell Brands Trading Up 2.0%
Newell Brands (NASDAQ:NWL – Get Free Report) last announced its quarterly earnings data on Friday, February 6th. The company reported $0.18 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.18. Newell Brands had a negative net margin of 3.96% and a positive return on equity of 9.17%. The company had revenue of $1.90 billion during the quarter, compared to analysts’ expectations of $1.88 billion. During the same quarter in the prior year, the company posted $0.16 EPS. The business’s revenue was down 2.7% on a year-over-year basis. Newell Brands has set its Q1 2026 guidance at -0.120–0.080 EPS. On average, equities research analysts forecast that Newell Brands will post 0.72 earnings per share for the current fiscal 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 given a $0.07 dividend. This represents a $0.28 annualized dividend and a yield of 7.9%. The ex-dividend date was Friday, February 27th. Newell Brands’s dividend payout ratio (DPR) is presently -41.18%.
Institutional Investors Weigh In On Newell Brands
Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. California State Teachers Retirement System increased its position in Newell Brands by 0.6% in the 2nd quarter. California State Teachers Retirement System now owns 384,848 shares of the company’s stock valued at $2,078,000 after acquiring an additional 2,108 shares in the last quarter. The Manufacturers Life Insurance Company increased its position in Newell Brands by 2.8% in the 4th quarter. The Manufacturers Life Insurance Company now owns 78,967 shares of the company’s stock valued at $294,000 after acquiring an additional 2,171 shares in the last quarter. Osaic Holdings Inc. increased its position in Newell Brands by 19.6% in the 2nd quarter. Osaic Holdings Inc. now owns 14,104 shares of the company’s stock valued at $76,000 after acquiring an additional 2,308 shares in the last quarter. Illinois Municipal Retirement Fund increased its position in Newell Brands by 1.7% in the 3rd quarter. Illinois Municipal Retirement Fund now owns 213,173 shares of the company’s stock valued at $1,117,000 after acquiring an additional 3,501 shares in the last quarter. Finally, EverSource Wealth Advisors LLC increased its position in Newell Brands by 45.6% in the 4th quarter. EverSource Wealth Advisors LLC now owns 11,275 shares of the company’s stock valued at $42,000 after acquiring an additional 3,532 shares in the last quarter. Institutional investors and hedge funds own 92.50% of the company’s stock.
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.
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