Citigroup Issues Pessimistic Forecast for Newell Brands (NASDAQ:NWL) Stock Price

Newell Brands (NASDAQ:NWL) had its price objective cut by analysts at Citigroup from $5.00 to $4.00 in a research note issued on Wednesday,Benzinga reports. The brokerage currently has a “neutral” rating on the stock. Citigroup’s price target would indicate a potential downside of 5.88% from the stock’s previous close.

Other research analysts have also issued reports about the stock. Weiss Ratings restated a “sell (d)” rating on shares of Newell Brands in a research report on Monday, December 29th. Morgan Stanley boosted their price target on shares of Newell Brands from $4.25 to $4.50 and gave the company an “equal weight” rating in a research report on Tuesday, February 10th. UBS Group reduced their price target on shares of Newell Brands from $5.00 to $3.75 and set a “neutral” rating for the company in a research report on Tuesday, April 7th. Canaccord Genuity Group upped their target price on shares of Newell Brands from $7.00 to $8.00 and gave the stock a “buy” rating in a research report on Monday, January 26th. Finally, Deutsche Bank Aktiengesellschaft cut their target price on shares of Newell Brands from $5.00 to $3.00 and set a “hold” rating for the company in a research report on Monday, March 30th. Four analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Newell Brands presently has a consensus rating of “Hold” and a consensus target price of $5.23.

Newell Brands Stock Up 3.7%

NWL opened at $4.25 on Wednesday. The company has a fifty day moving average price of $4.10 and a 200-day moving average price of $4.10. The firm has a market capitalization of $1.81 billion, a P/E ratio of -6.25 and a beta of 0.97. The company has a debt-to-equity ratio of 1.90, a current ratio of 1.07 and a quick ratio of 0.57. Newell Brands has a one year low of $3.07 and a one year high of $6.64.

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

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in NWL. AQR Capital Management LLC grew its position in Newell Brands by 197.8% in the fourth quarter. AQR Capital Management LLC now owns 21,166,902 shares of the company’s stock worth $78,741,000 after acquiring an additional 14,059,209 shares in the last quarter. Rubric Capital Management LP purchased a new stake in Newell Brands during the third quarter valued at about $68,120,000. Candlestick Capital Management LP purchased a new stake in Newell Brands during the third quarter valued at about $31,786,000. Squarepoint Ops LLC boosted its position in Newell Brands by 1,568.3% during the third quarter. Squarepoint Ops LLC now owns 3,795,058 shares of the company’s stock valued at $19,886,000 after buying an additional 3,567,581 shares during the period. Finally, Deprince Race & Zollo Inc. boosted its position in Newell Brands by 23.5% during the third quarter. Deprince Race & Zollo Inc. now owns 18,670,804 shares of the company’s stock valued at $97,835,000 after buying an additional 3,549,220 shares during the period. 92.50% of the stock is currently owned by hedge funds and other 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.