Newell Brands Inc. (NASDAQ:NWL) Stock Has Consensus Target Price of $6.66 According to Analysts

Shares of Newell Brands Inc. (NASDAQ:NWL) have received a consensus recommendation of “Hold” from the ten ratings firms that are covering the company, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a sell recommendation, four have issued a hold recommendation, three have assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12 month price target among analysts that have updated their coverage on the stock in the last year is $6.66.

NWL has been the topic of several recent research reports. Wall Street Zen upgraded shares of Newell Brands from a “buy” rating to a “strong-buy” rating in a research report on Saturday. Royal Bank Of Canada boosted their price objective on shares of Newell Brands from $4.00 to $5.00 and gave the company a “sector perform” rating in a research report on Monday, August 3rd. Deutsche Bank Aktiengesellschaft restated a “hold” rating and issued a $6.00 price objective on shares of Newell Brands in a research note on Monday, August 3rd. Morgan Stanley reiterated an “underweight” rating and set a $5.75 target price on shares of Newell Brands in a research report on Thursday, August 6th. Finally, Zacks Research raised Newell Brands from a “hold” rating to a “strong-buy” rating in a research note on Friday, October 2nd.

Newell Brands Trading Up 2.5%

NASDAQ:NWL opened at $5.68 on Wednesday. The company has a current ratio of 1.11, a quick ratio of 0.59 and a debt-to-equity ratio of 1.85. Newell Brands has a 12 month low of $3.07 and a 12 month high of $7.13. The company has a market cap of $2.42 billion, a PE ratio of -10.72, a price-to-earnings-growth ratio of 1.37 and a beta of 0.88. The company has a 50 day simple moving average of $5.79 and a two-hundred day simple moving average of $5.04.

Newell Brands (NASDAQ:NWL) last posted its earnings results on Friday, July 31st. The company reported $0.42 earnings per share for the quarter, beating analysts’ consensus estimates of $0.20 by $0.22. The company had revenue of $1.99 billion for the quarter, compared to the consensus estimate of $1.98 billion. Newell Brands had a positive return on equity of 12.31% and a negative net margin of 3.05%. Newell Brands’s revenue was up 3.0% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.24 earnings per share. Newell Brands has set its Q3 2026 guidance at 0.180-0.200 EPS and its FY 2026 guidance at 0.730-0.770 EPS. Research analysts forecast that Newell Brands will post 0.76 earnings per share for the current year.

Newell Brands Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 15th. Investors of record on Monday, August 31st were issued a $0.07 dividend. This represents a $0.28 annualized dividend and a yield of 4.9%. The ex-dividend date of this dividend was Monday, August 31st. Newell Brands’s dividend payout ratio is currently -52.83%.

Insider Buying and Selling

In other Newell Brands news, insider Bradford Turner sold 100,000 shares of Newell Brands stock in a transaction that occurred on Thursday, August 6th. The shares were sold at an average price of $6.16, for a total transaction of $616,000.00. Following the transaction, the insider owned 433,398 shares of the company’s stock, valued at $2,669,731.68. The trade was a 18.75% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 1.64% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the company. GAMMA Investing LLC grew its position in Newell Brands by 19.8% in the second quarter. GAMMA Investing LLC now owns 11,408 shares of the company’s stock worth $70,000 after acquiring an additional 1,887 shares in the last quarter. Arizona State Retirement System boosted its holdings in shares of Newell Brands by 1.8% in the 2nd quarter. Arizona State Retirement System now owns 117,250 shares of the company’s stock worth $720,000 after purchasing an additional 2,106 shares during the period. Pinnacle Wealth Management Advisory Group LLC boosted its holdings in shares of Newell Brands by 14.1% in the 1st quarter. Pinnacle Wealth Management Advisory Group LLC now owns 19,898 shares of the company’s stock worth $68,000 after purchasing an additional 2,456 shares during the period. Parallel Advisors LLC increased its position in shares of Newell Brands by 13.3% during the 1st quarter. Parallel Advisors LLC now owns 23,881 shares of the company’s stock valued at $82,000 after purchasing an additional 2,795 shares during the last quarter. Finally, Citizens Financial Group Inc. RI increased its position in shares of Newell Brands by 27.0% during the 1st quarter. Citizens Financial Group Inc. RI now owns 13,200 shares of the company’s stock valued at $45,000 after purchasing an additional 2,803 shares during the last quarter. Institutional investors own 92.50% of the company’s stock.

About Newell Brands

Newell Brands Inc is a global consumer products company that designs, manufactures and markets products used in homes, workplaces and outdoor settings. Its portfolio includes well-known brands such as Rubbermaid, Sharpie, Graco, Coleman, Yankee Candle, Crock-Pot, Mr. Coffee, FoodSaver, Calphalon, Elmer’s and Sistema.

The company’s products span food and home storage, cookware and small kitchen appliances, writing instruments and other learning supplies, baby and parenting products, outdoor and recreation equipment, home fragrance, and commercial products.