Investors Asset Management of Georgia Inc. GA ADV Buys 4,408 Shares of Newell Brands Inc. $NWL

Investors Asset Management of Georgia Inc. GA ADV lifted its stake in Newell Brands Inc. (NASDAQ:NWL) by 8.9% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 53,765 shares of the company’s stock after acquiring an additional 4,408 shares during the quarter. Investors Asset Management of Georgia Inc. GA ADV’s holdings in Newell Brands were worth $290,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. AQR Capital Management LLC grew its stake in Newell Brands by 401.2% in the first quarter. AQR Capital Management LLC now owns 10,588,136 shares of the company’s stock valued at $65,382,000 after purchasing an additional 8,475,385 shares in the last quarter. Massachusetts Financial Services Co. MA raised its stake in shares of Newell Brands by 25.8% during the 1st quarter. Massachusetts Financial Services Co. MA now owns 20,846,692 shares of the company’s stock worth $129,249,000 after purchasing an additional 4,273,541 shares in the last quarter. Dimensional Fund Advisors LP boosted its holdings in shares of Newell Brands by 12.9% in the 1st quarter. Dimensional Fund Advisors LP now owns 20,426,137 shares of the company’s stock valued at $126,646,000 after buying an additional 2,336,840 shares during the last quarter. Financial Sense Advisors Inc. acquired a new stake in shares of Newell Brands in the 1st quarter valued at approximately $10,187,000. Finally, Brandywine Global Investment Management LLC bought a new position in shares of Newell Brands in the first quarter valued at $9,404,000. Institutional investors own 92.50% of the company’s stock.

Insider Transactions at Newell Brands

In related 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 value of $44,968.00. Following the completion of the sale, the chief executive officer directly owned 52,007 shares in the company, valued at $265,755.77. The trade was a 14.47% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. 0.71% of the stock is owned by company insiders.

Newell Brands Stock Performance

NASDAQ NWL opened at $5.39 on Monday. The stock has a market cap of $2.26 billion, a PE ratio of -9.14 and a beta of 1.02. The company has a debt-to-equity ratio of 1.68, a quick ratio of 0.57 and a current ratio of 1.12. The firm has a 50-day moving average of $5.60 and a 200-day moving average of $5.52. Newell Brands Inc. has a 52-week low of $4.22 and a 52-week high of $11.78.

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

Newell Brands Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, September 15th. Investors of record on Friday, August 29th were issued a dividend of $0.07 per share. This represents a $0.28 annualized dividend and a yield of 5.2%. The ex-dividend date of this dividend was Friday, August 29th. Newell Brands’s dividend payout ratio (DPR) is presently -47.46%.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on the stock. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Newell Brands in a research report on Saturday, September 27th. UBS Group boosted their price objective on shares of Newell Brands from $5.00 to $5.50 and gave the stock a “neutral” rating in a research note on Thursday, July 17th. Citigroup upped their target price on shares of Newell Brands from $5.50 to $6.00 and gave the company a “neutral” rating in a report on Tuesday, September 16th. Canaccord Genuity Group reduced their price target on Newell Brands from $11.00 to $9.00 and set a “buy” rating for the company in a report on Monday, August 4th. Finally, JPMorgan Chase & Co. lowered their price target on Newell Brands from $8.00 to $7.00 and set an “overweight” rating on the stock in a research report on Monday, August 4th. Four equities research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $7.44.

Newell Brands 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.