Newell Brands (NASDAQ:NWL) Trading Down 5.7% – Should You Sell?

Newell Brands Inc. (NASDAQ:NWL)’s share price fell 5.7% on Monday . The company traded as low as $5.49 and last traded at $5.50. 995,032 shares traded hands during trading, a decline of 87% from the average daily volume of 7,767,498 shares. The stock had previously closed at $5.83.

Analyst Ratings Changes

Several brokerages have weighed in on NWL. Morgan Stanley lowered Newell Brands from an “equal weight” rating to an “underweight” rating and dropped their target price for the stock from $4.00 to $3.50 in a research report on Wednesday, May 20th. Royal Bank Of Canada set a $4.00 price objective on shares of Newell Brands in a research report on Thursday, April 9th. Canaccord Genuity Group upped their target price on shares of Newell Brands from $8.00 to $9.00 and gave the stock a “buy” rating in a research report on Thursday, April 16th. Barclays dropped their price target on shares of Newell Brands from $6.00 to $5.00 and set an “overweight” rating on the stock in a research note on Tuesday, April 14th. Finally, UBS Group boosted their price objective on Newell Brands from $3.75 to $4.25 and gave the stock a “neutral” rating in a research report on Monday, May 4th. Three research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $4.94.

Newell Brands Stock Performance

The company has a debt-to-equity ratio of 1.94, a current ratio of 1.04 and a quick ratio of 0.51. The company has a market capitalization of $2.35 billion, a price-to-earnings ratio of -8.27, a PEG ratio of 6.84 and a beta of 0.87. The firm’s fifty day simple moving average is $4.46 and its 200 day simple moving average is $4.22.

Newell Brands (NASDAQ:NWL) last released its earnings results on Friday, May 1st. The company reported ($0.05) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.09) by $0.04. The company had revenue of $1.55 billion during the quarter, compared to analyst estimates of $1.51 billion. Newell Brands had a positive return on equity of 8.89% and a negative net margin of 3.91%.The company’s revenue for the quarter was down 1.1% on a year-over-year basis. During the same quarter in the prior year, the company earned ($0.01) earnings per share. Newell Brands has set its FY 2026 guidance at 0.560-0.600 EPS and its Q2 2026 guidance at 0.160-0.190 EPS. On average, sell-side analysts forecast that Newell Brands Inc. will post 0.57 EPS for the current year.

Newell Brands Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, June 15th. Shareholders of record on Friday, May 29th were paid a $0.07 dividend. The ex-dividend date was Friday, May 29th. This represents a $0.28 dividend on an annualized basis and a yield of 5.1%. Newell Brands’s payout ratio is -41.79%.

Insider Buying and Selling

In other news, insider Kristine Kay Malkoski sold 10,850 shares of the stock in a transaction on Wednesday, May 27th. The shares were sold at an average price of $3.65, for a total transaction of $39,602.50. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, insider Bradford R. Turner sold 100,000 shares of the company’s stock in a transaction dated Friday, May 22nd. The stock was sold at an average price of $3.60, for a total value of $360,000.00. Following the sale, the insider owned 464,449 shares of the company’s stock, valued at approximately $1,672,016.40. This trade represents a 17.72% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 202,750 shares of company stock worth $812,396. Insiders own 1.64% of the company’s stock.

Hedge Funds Weigh In On Newell Brands

Several large investors have recently bought and sold shares of the stock. GAMMA Investing LLC lifted its stake in shares of Newell Brands by 19.8% in the second quarter. GAMMA Investing LLC now owns 11,408 shares of the company’s stock valued at $70,000 after buying an additional 1,887 shares during the period. California State Teachers Retirement System raised 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 purchasing an additional 2,108 shares during the last quarter. The Manufacturers Life Insurance Company grew its holdings in Newell Brands by 2.8% during the 4th quarter. The Manufacturers Life Insurance Company now owns 78,967 shares of the company’s stock worth $294,000 after acquiring an additional 2,171 shares during the last quarter. Osaic Holdings Inc. raised its position in shares of Newell Brands by 19.6% during the second quarter. Osaic Holdings Inc. now owns 14,104 shares of the company’s stock worth $76,000 after acquiring an additional 2,308 shares during the last quarter. Finally, Pinnacle Wealth Management Advisory Group LLC raised its stake in shares of Newell Brands by 14.1% during the first quarter. Pinnacle Wealth Management Advisory Group LLC now owns 19,898 shares of the company’s stock worth $68,000 after buying an additional 2,456 shares during the last quarter. 92.50% of the stock is currently owned by institutional investors and hedge funds.

Newell Brands Company Profile

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.